BONVESTS Holdings announced that the group may record a loss for the nine months ended Sept 30, mainly due to higher depreciation, start-up costs of a new hotel, higher finance costs and absence of fair value gain on investment properties.

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

SINGAPORE (Sept 3): Hotel operator and property developer Bonvests has acquired a company and several other properties in Morocco, totalling some $29.9 million. In an SGX filing on Tuesday, Bonvests reported that it had acquired a 99.97% stake in Moroccan-registered Goldcove SA for a consideration ...

Property group Bonvests Holdings’ wholly-owned subsidiary Goldcove Pte Ltd has acquired a Moroccan-registered company and several properties for a total sum of about S$29.93 million.

SINGAPORE (July 29): Clearbridge Health is raising $11.34 million from a share placement exercise to accelerate its growth plans in Asia’s healthcare market. Under the terms of the share placement agreement, Clearbridge, will issue some 80.5 million new ordinary shares at 14.1 cents each. This is...