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

FOLLOWING the close of the mandatory unconditional cash offer by Zenith Hope to acquire the rest of China Kangda Food Company’s shares on Tuesday, the shares owned by the public fell to approximately 23.49 per cent.

THE biggest shareholder of China Kangda Food Company has agreed to sell a 69.46 per cent stake in the company to Zenith Hope, which could trigger a general offer for the rest of the company's shares.

THE biggest shareholder of China Kangda Food Company has agreed to sell a 69.46 per cent stake in the company to Zenith Hope.

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

CHINA Kangda Food Company, which sells chicken and rabbit meat, posted a net profit of 5.64 million yuan (S$) for its financial year ended Dec 31 2018, reversing from a loss of 15.78 million yuan a year ago.

CHINA Kangda Food Co announced on Tuesday that its biggest shareholder, China Tian Yuan Manganese, has entered into a memorandum of understanding (MOU) to negotiate a sale of shares to an unrelated third party.

CHINA Kangda Food Co announced on Tuesday morning that its biggest shareholder China Tian Yuan Manganese has entered into a memorandum of understanding (MOU) to negotiate a sale of shares to an unrelated third party.