THE following companies saw new developments that may affect trading of their securities on Friday (Jul 8):

SPH Reit on Wednesday (Jul 6) announced that SPH chief financial officer Chua Hwee Song will resign from SPH, the real estate investment trust’s (Reit) sponsor on Friday.

According to a separate internal email seen byThe Business Times, SPH said that he is leaving the company to pursue his personal interests.

KEPPEL Seghers and the National Environment Agency (NEA) announced on Thursday (Jul 7) that they have signed a memorandum of understanding (MOU) to study the feasibility of carbon capture in local waste-to-energy (WTE) plants.

In a bourse filing, the environmental technology and infrastructure unit of Keppel Infrastructure said that the collaboration will leverage its experience and expertise in an earlier carbon-capture feasibility study, which it completed for UK’s Runcorn Energy-from-Waste plant.

Mainboard-listed Aspial Corp, controlling shareholder of Catalist-listed Maxi-Cash Financial Services Corp, plans to sell a group of businesses into the latter for at least $87.8 million.

The transaction, meant to consolidate the various jewellery brands under one listed entity, can be worth up to $99.8 million if subsequent earnings targets are met.

THC Venture announced in a bourse filing on Thursday (Jul 7) that it has extended the closing date of its privatisation offer for TTJ Holdings from Jul 8 to Jul 22.

As at Thursday 6 pm, the company had received valid acceptances from shareholders holding about 4.2 per cent of the shares.