SGX Singapore Stocks & Forex Live Picks
Penny Stocks To Watch Today 20-Nov
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Publish date: Tue, 20 Nov 2012, 12:34 PM
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OLAM INTERNATIONAL LTD
Commodities firm Olam International requested for a halt in the trading of its shares "pending clarification".
NERA TELECOMMUNICATIONS LTD
Northstar Group, which manages $1.2 billion in committed equity capital dedicated to Southeast Asia, said it had agreed to buy a controlling 50.05 percent stake in Singapore's Nera Telecommunications from Eltek ASA.
As a result of the deal, Northstar will launch a general offer for all the shares it does not own at S$0.49 a share. Nera shares were last traded at S$0.52.
UNITED OVERSEAS BANK LTD
Singapore's United Overseas Bank said its unit, UOB Asset Management Ltd, had agreed to acquire ING Funds (Thailand) Company Ltd for 10 million euros ($12.8 million). The completion of the acquisition is conditional upon regulatory approvals in Europe, Thailand and Singapore, UOB said.
YOMA STRATEGIC HOLDINGS LTD
Myanmar-focused property developer Yoma Strategic launched a share sale on Monday to fund the building of a luxury real estate project in the frontier market, coinciding with the historic visit by U.S. President Barack Obama.
NOBLE GROUP LTD
International grains exporter Noble Group Ltd plans to build a soy-crushing plant in Paraguay, the world's No. 4 exporter of the oilseed, an industry group in the South American country said.
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