Singapore stock watch: Axington, Tan Chong, Silverlake, Straits Trading, Yunnan Energy, Raffles Education

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SINGAPORE (THE BUSINESS TIMES) - The following companies saw new developments that may affect trading of their shares on Thursday (Aug 27):. Read more at straitstimes.com.

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

On Wednesday morning, trading in Axington was halted pending an announcement, which BT understands may be related to Axington's non-independent non-executive chairman, Evangeline Shen. Axington is set to hold its extraordinary general meeting on Thursday. Silverlake Axis: Fintech firm Silverlake saw net profit fall 12 per cent to RM59.1 million for the fourth quarter ended June 30, as the Covid-19 pandemic hampered the timely closing of deals, the firm said in its results release. Silverlake shares closed up one cent or 3.4 per cent at 30.5 cents on Wednesday, before its results announcement.

 

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