THE following companies saw new developments that may affect trading of their shares on Tuesday:

REFRIGERATION and air-conditioning seller Far East Group plans to buy air-conditioning company Tech Air-Con & Security Engineering for S$7 million in cash and 2.98 million shares to its current owners.

SINGAPORE (Mar 5): Far East Group announced that it has acquired the entire issued and paid-up ordinary shares in M-Tech Air-Con & Security Engineering. The vendors are Quek Poh Chuan and Lee Sui Fook and the consideration for the acquisition is $7 million including 2.98 million new M-Tech shar...