THE following companies saw new developments that may affect trading of their securities on Monday (May 23):

Halcyon Agri: REVENUE for Halcyon Agri climbed 18.9 per cent to US$617.3 million in Q1 on the back of higher sales volume and higher average selling prices, the mainboard-listed company said in a business update on Friday (May 20).

The group’s earnings before interest, taxes, depreciation and amortisation (Ebita) rose to US$15.1 million in Q1, up around 5.6 per cent from the year ago period.

Gross profit margins went up by 20.8 per cent to US$47 million in Q1, from US$38.9 million previously.

TTJ Holdings THE executive chairman of mainboard-listed TTJ Holdings is looking to take the structural steel specialist private at an offer price of S$0.23 in cash per share.

According to the offer announcement filed to the Singapore bourse on Friday (May 20) night, THC Venture intends to make a voluntary conditional offer for all the issued and paid-up ordinary shares in TTJ.

Datapulse Technology: DATAPULSE Technology on Monday (May 23) gave notice that it recorded 3 consecutive years of pre-tax losses, based on its audited full-year consolidated accounts.

The company, which is principally involved in the media storage business, said its latest 6-month average daily market capitalisation was at S$22.1 million as of Friday.

$Procurri Corporation(BVQ.SI0$: TECHNOLOGY incubator DeClout has made a mandatory cash offer for IT solutions provider $Procurri Corporation(BVQ.SI0$, after it purchased 3.9 million shares in the company through a married deal and triggered a need for a compliance offer.

The offer price of S$0.425 per share in cash is final, and DeClout will not increase the price further, it said on Friday (May 20).