Marco Polo Marine (SGX:5LY) issued about 6.0 million new shares at an exercise price of SG$0.067 per share following the exercise of options under its employee share option scheme.
The new shares will be listed and quoted on May 29, according to a Thursday filing with the Singapore Exchange.
Malaysian shares resumed their downward trajectory on Thursday as market participants returned from a mid-week national holiday, as geopolitical escalations in the Middle East triggered broad-based institutional selling.The FTSE Bursa Malaysia KLCI, the main gauge of Malaysian stocks, fell 14.09 points to end 0.8% lower at 1,684.93.Reports of air strikes involving U.S. and Iranian forces on Thursday further fueled market anxieties regarding an intensifying conflict in the Middle East.In corporate news, Greenyield (KLSE:GREENYB) reported a rubber output of 153,850.7 kilograms. Shares closed 8% higher.Elsewhere, Ho Wah Genting (KLSE:HWGB) recorded an attributable loss of 2.1 million ringgit in the quarter ended March 31, wider than 1.8 million ringgit a year prior, with revenue falling to 41.4 million ringgit from 53.8 million ringgit. Shares were up nearly 5% at close.
JB Foods (SGX:BEW) attributable profit to owners fell 33% in fiscal second half ended March 31 to $20.5 million from $30.7 million a year earlier, according to a Thursday filing with the Singapore Exchange.Earnings per share fell to $0.0605 compared with $0.1011 in the year-ago period.Revenue dropped 38% year over year to $591.2 million from $946.8 million.The cocoa ingredient producer declared a final dividend of SG$0.045 per share and a special dividend of SG$0.028 per share, taking the total dividend for fiscal 2026 to SG$0.075 per share.
Cortina Holdings' (SGX:C41) attributable profit to owners dropped 5% to SG$33.9 million in the fiscal second half ended March 31 from SG$35.8 million a year earlier, according to a Thursday filing with the Singapore Exchange.Revenue jumped 13% year over year to SG$510.3 million from SG$449.8 million.The luxury watch retailer declared a final dividend of SG$0.02 per share and a special dividend of SG$0.14 per share.