SINGAPORE - The following companies saw new developments that may affect trading of their securities on Tuesday :
SIA Engineering Company, Singapore Technologies Engineering : Aerospace companies in Singapore are repositioning themselves for the long, hard road to recovery as business nosedives due to the Covid-19 pandemic. Firms such as ST Engineering and SIA Engineering have implemented measures to curb costs. Shares of SIA Engineering fell $0.03 to $1.98 at Monday's close, while ST Engineering lost $0.08 to finish at $3.27.
Axington: The mandatory unconditional cash offer by Dorr Global Healthcare closed at 5.30pm on Monday with valid acceptances amounting to about 20.81 per cent of Axington's shares. This will raise Dorr's stake in the Catalist-listed firm to 87.71 per cent. Before the offer closed, Axington shares gained one cent or 4.8 per cent to end at 22 cents, above the offer price of 20.8 cents per share.
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