Stocks to watch: SGX, Oxley, Gaylin, Federal International (2000), Valuetronics, Companies & Markets News & Top Stories



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SINGAPORE – The following companies can affect trading their shares on Monday (Nov 12):

Singapore Exchange: The Monetary Authority of Singapore (MAS) and the Singapore Exchange (SGX) have developed Delivery Versus Payment (DvP) capabilities. "This will help simplify post-trade processes and further shorten settlement cycles," said the MAS and the SGX in a joint statement. Where is the payment method? Where are the securities?

Oxley Holdings: Oxley Holdings' wholly owned subsidiary, Oxley Docklands Quay One and National Asset North Quays DAC, has sold a 300-year lease on No.2 Dublin Landings in Ireland for 106.5 million euros (S $ 166.5 million). The purchaser is 2 Propco SA RL. Oxley Docklands will be entitled to 76.84 per cent of the sale price.

Gaylin Holdings: Gaylin Holdings has almost doubled its net income and has climbed to the second quarter. Net loss for the three months ended Sept 30 widened to $ 4.96 million from $ 2.45 million for the year-ago period.

Federal International (2000): Federal International (2000) posted a third-quarter net loss of $ 1.62 million after its revenue plunged 77.2 per cent. This article is only available in French.

Valuetronics Holdings: Valuetronics Holdings' net profit decreased 12.8 percent for the second quarter ended Sept. 30, the electronics manufacturing services company said on Monday morning. Its net profit fell to HK $ 44.3 million (S $ 7.8 million) from HK $ 50.8 million a year ago, and it has a $ 13.6 million supply related to flash flooding at its Inhui factory in late September 2018.

Sinwa Limited has requested a trading halt, pending the release of an announcement.

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