Mooreast (SGX:1V3) signed a placement agreement with ZICO Capital to raise around SG$6 million through the placement of up to 44.5 million shares at SG$0.135 per share, according to a Thursday filing with the Singapore Exchange.
Shares of the mooring company zoomed over 15% in Friday's late-morning trade.
The placement exercise is aimed at strengthening the company's financial position and capital structure, with proceeds allocated for general working capital needs.
KHS's (SGX:ER0) attributable profit to owners zoomed more than 100% in fiscal second half ended March 31 to SG$1.6 million from SG$539,000 a year earlier, according to a Thursday bourse filing.Shares of the property developer were up over 1% in Friday trading.Earnings per share rose to SG$0.0027 compared with SG$0.001 in the year-ago period.Revenue fell 33% year over year to SG$86.8 million from SG$128.8 million.The company declared a final dividend of SG$0.01 per share, taking the total dividend to SG$0.015 per share.
Fletcher Building (ASX:FBU, NZE:FBU) said it has completed the sale of its Construction Division to VINCI Construction, the construction arm of the VINCI Group, according to a Friday Australia and New Zealand bourse filing.The company's shares rose 2% in recent Friday trade.
International Entertainment's (HKG:1009) indirect wholly owned subsidiary, New Coast Leisure, awarded a contract worth about HK$72.2 million for renovation and construction works at New Coast Hotel Manila, according to a Thursday Hong Kong bourse filing.Shares of the hotel and casino operator were down more than 2% in late morning trade on Friday.The contract covers façade lighting, LED screens, exterior glass replacement, landscaping works, and upgrades to guest rooms and common areas, including air-conditioning, electrical, plumbing, and fire-protection systems.The works are expected to be completed by the end of 2026.