Stocks to watch: Oiltek International, Koh Brothers Eco Engineering, Koh Brothers, Acrophyte Hospitality Trust, Capital World
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On April 14, several companies in Singapore experienced notable developments affecting their stock trading. Koh Brothers rejected a shareholder proposal to distribute its stake in Oiltek International, stating it was not in the group's best interest. Oiltek shares rose 3.5% to S$2.08, while Koh Brothers and Koh Brothers Eco Engineering saw increases of 5.7% and 14.8%, respectively. Acrophyte Hospitality Trust faced auditor concerns regarding its ability to refinance a US$198.5 million loan, while Capital World announced renovations for Mustafa Centre's outlet in Johor Bahru, expected to complete by Q1 2027.
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