Singapore stock watch: CapitaLand, Biolidics, Memory Group, Sats, First Reit, AEM, Sing Holdings

SINGAPORE - The following companies saw new developments that may affect trading of their securities on Monday :

Memories Group: The Catalist-listed tourism player has discovered a case of fraud at its wholly-owned Myanmar subsidiary, Asia Holidays Travels & Tours Company . A sum of about US$500,000 was misappropriated from AHTT's accounts by three employees, and investigations are ongoing. Memories Group shares fell 0.5 cent or 13.2 per cent to 33 cents on Friday.

AEM Holdings: While the Covid-19 pandemic has shuttered the doors of many businesses, AEM is bucking the trend with a positive outlook. The firm, which provides advanced chip testing solutions, is not backing down from its full-year sales guidance of $360 million to $380 million for 2020.

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POFMA: 4 correction directions issued over claims about Ho Ching’s Temasek Holdings salarySINGAPORE: The Minister of Finance has instructed that four correction directions be issued over claims that Temasek Holdings’ chief executive Ms ... I still say Temasek should sue the pants off this Asian talk show host / producer / tv station everyone for making such malicious defamation!!!! What is the intention and purpose of bringing out this personal matter at this time ? Say a lot about your hidden agenda .
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »