STOCKS TO WATCH
SINGAPORE EXCHANGE LTD
Singapore Exchange said its securities turnover in December was up 39 percent to S$23.2 billion ($18.9 billion) from a year earlier, while securities daily average value grew 46 percent to S$1.2 billion.
OCEAN SKY INTERNATIONAL LTD
Ocean Sky said it had agreed to sell its apparel operations business to Hong Kong-listed Luen Thai Holdings Ltd for $55 million. Ocean Sky intends to pay a special dividend of S$0.016 per share on completion of the sale.