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WeiJunWow
2022-01-04

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Singapore stocks to watch: Centurion, Golden Energy, Geo Energy, ComfortDelGro, CDW

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

Singapore stocks to watch: Centurion, Golden Energy, Geo Energy, ComfortDelGro, CDW

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The exco was established on Jan 1, giving it some say when the board makes business decisions and evaluates major strategic initiatives including acquisition or disposal transaction, based on the authority delegated to it, Centurion stated. Shares of the dual-listed company closed flat on the Singapore Exchange at S$0.33 on Monday (Jan 3). The stock also last closed flat on the Hong Kong Stock Exchange, at HK$1.88.Golden Energy and Resources (Gear), Geo Energy Resources:Both mainboard-listed companies announced on Monday that the Indonesian Ministry of Energy and Mineral Resources has imposed a temporary ban on all coal export sales by Indonesian coal miners for the whole of January. The ministry cited concerns over critically low inventories at domestic power plants in Indonesia, which could lead to widespread blackouts in the country, both companies stated in bourse filings. Shares of Gear closed at S$0.295 on Monday, up S$0.005 or 1.7 per cent before the announcement. Shares of Geo Energy closed at S$0.32 on Monday, down S$0.010 or 3 per cent after its announcement.ComfortDelGro:The transport company announced in a bourse filing on Monday that Ang Wei Neng, the chief executive of its taxi business, will resign from his position to pursue another career path. His last day in the role will be Apr 1. Ang will be replaced by Jackson Chia, who will helm the taxi business while holding on to his positions as group chief sustainability officer and chief executive of ComfortDelGro's private mobility unit. Shares of ComfortDelGro closed at S$1.39 on Monday before the announcement, down S$0.01 or 0.7 per cent.CDW:The Japanese-managed precision components specialist has secured a deal of an undisclosed value to produce Loupedeck Live, a digital input video-editing console by Finnish tech startup Loupedeck. According to CDW, Loupedeck Live is popular among video content creators. 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