The following companies made announcements that may affect trading on Tuesday:
Ezra Holdings is planning to raise up to US$300 million through a
rights issue and the issue of convertible bonds to repay existing debt.
This is part of a broader strategy to expand its capital and investor
base, deleverage and secure the group's long-term growth prospects, said
its CFO Eugene Cheng in an announcement on Saturday.
Hyflux on Tuesday morning said it has won a US$48 million contract
from Saudi Arabia's state-owned Saline Water Conversion Corporation to
build a desalination plant with a daily capacity of 30,000 cubic metres.
This is expected to contribute to its results for the current financial
year.
A subsidiary of Spackman Entertainment Group has raised US$7 million
through a share placement and capital injection. This will go towards
investments in entertainment-related businesses that can diversify the
group's current exposure to the Korean entertainment sector, it said in
an announcement on Tuesday morning
Cache Logistics Trust is selling a warehouse to JTC for S$9.7 million.
The transaction, which will be completed by this month, represents an
opportunity for Cache to recycle its capital, and to reduce existing
debt, the Reit manager said.
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