Biscuit manufacturer Khong Guan has issued a profit warning that it expects to report a net loss for its FY2021 ended 31 July. Based on the preliminary review of its draft unaudited consolidated financial results for FY2021, the loss is attributed to a decrease in the share of results of its associa...

THE following companies saw new developments that may affect trading of their securities on Thursday:

SHARES of Khong Guan jumped as much as 15.4 per cent to reach a one-week high of S$1.57 on Tuesday, after closing at S$1.36 on Monday.

SHARES of Khong Guan jumped as much as 10.3 per cent to reach an all-week high of S$1.50 on Tuesday, after closing at S$1.36 on Monday.

Khong Guan has, on March 22, entered into a shareholders’ agreement with SGProtein to acquire 30% of the latter’s shares for $1.5 million in cash. The paid-up share capital of SGProtein is expected to be $3.95 million comprising 2.08 million new shares. Upon its completion, SGProtein will become...

KHONG Guan has signed a shareholders' agreement effective Monday with SGProtein founders and investors to invest in a 30 per cent stake in the producer and seller of plant-based meat alternatives for S$1.5 million in cash.

THE following companies saw new developments that may affect trading of their securities on Friday.

BISCUIT maker Khong Guan saw its net loss widen slightly to S$636,000 for the half year ended Jan 31, 2020, from S$634,000 a year ago.