THE selloff on Yangzijiang Shipbuilding stock showed little signs of easing on Thursday following the lifting of a trading halt that was instituted on Aug 8. Shares in China's largest non-state owned shipbuilder plunged 18 cents, or 17.3 per cent, to S$0.86, on hefty turnover of 129.3 million units - taking the stock to the top of the most actives list on the Singapore bourse.

UPSTREAM oil and gas firm KrisEnergy has filed for a six-month debt moratorium to seek court protection from creditors’ legal action while it restructures its debt totalling some US$476.8 million, it said late on Wednesday night. Keppel Corporation, as a creditor and shareholder of KrisEnergy, has also issued a statement confirming it supports the application and KrisEnergy’s management in formulating a restructuring plan.

The manager of CapitaLand Retail China Trust on Thursday announced the appointment of Lucas Loh, president, China, of CapitaLand group, as non-executive non-independent director and chairman of the executive Committee. Mr Loh, 53, oversees the business in China, a core geographical market for the group.

THE longtime group chief financial officer (CFO) of ComfortDelGro Corporation, Choo Chek Siew, will retire at the end of next month after serving in the role for 16 years. The 69-year-old veteran’s last day at the company will be Sept 30, the transport giant said on Wednesday evening.

Source: SGX Masnet, The Business Times, Bloomberg, Channel NewsAsia, Reuters, PSR