MAINBOARD-LISTED ASL Marine managed to halve its second-quarter losses as a result of cost reduction. The company noted that the volatile business environment has presented short-term headwinds but prospects for the mid to long term are positive.

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

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

ASL Marine Holdings' independent auditor has raised a "material uncertainty" about the group's ability to continue as a going concern, the marine and investment holding company announced on Friday.

ASL Marine Holding's independent auditor has raised a "material uncertainty" about the group's ability to continue as a going concern, the marine and investment holding company announced on Friday. 

IMPAIRMENT losses on financial assets and other operating expenses took a toll on offshore and marine group ASL Marine's results for its fiscal fourth quarter.

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

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

IMPAIRMENT losses on financial assets and other operating expenses took a toll on offshore and marine group ASL's results for its fiscal fourth-quarter.

MAINBOARD-LISTED ASL Marine has said that it will dispose of an inactive, loss-making indirect subsidiary in China, which was once involved shipbuilding, to raise working capital.