Stocks to watch: Jardine Cycle & Carriage, Creative Technology, CNMC Goldmine
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Aug 21):
The Business Times highlights three companies to watch for potential trading impact on Aug 21: Jardine Cycle & Carriage (JC&C), Creative Technology, and CNMC Goldmine. JC&C has entered into a conditional share and asset purchase agreement to sell its automotive distribution and retail operations in Singapore and Malaysia to Chandra Asri Pacific's wholly-owned subsidiary CCHPL Holdings for an estimated base price of S$265 million.
JC&C's shares ended at S$27.50 on Thursday, up 1.2% or S$0.32. Creative Technology reported a net profit of US$649,000 for its second half ended Jun 30, due to a US$1.3 million US tariff refund, narrowing its net loss by 94% to US$576,000 for the full year. Shares of Creative Technology closed at S$0.785 on Thursday, down 0.6% or S$0.005.
Brief written by urgent.news from The Business Times - Companies & Markets's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
