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The most active stocks are $Seatrium (S51.SG)$ 、 $AMOS (RF7.SG)$ und $Hoe Leong (H20.SG)$ 。

CapitaMall Group divests part of China's shares in Raffles Plaza for 9.6 billion yuan
CapitaMall Group ( $CapitaLand (C31.SG)$ ) It was announced before the opening of the market on Monday that it had reached a conditional agreement with Ping An Group of China to divest part of its shares in six Raffles City (Raffles City) projects in China for 46.7 billion yuan (9.6 billion yuan).
The company issued a statement saying that the six Raffles projects are located in Shanghai, Beijing, Ningbo, Chengdu, Changning, and Hangzhou.
The deal is expected to close in the third quarter. After the transaction is completed, CapitaMall Group's effective shares in these six projects are between 12.6% and 30%, and it is expected to obtain a net income of more than 2 billion yuan to drive new economic assets.

1. Keppel Corporation ( $Keppel (BN4.SG)$ ) divested 20.05% of its shares in Thai media and project management company ARIP Public Company for 60.7 million baht (S$2.6 million). The acquirer is Min Intanate, executive chairman and director of ARIP.

3. Ascott Residences Trust ( $CapLand Ascott Trust (HMN.SG)$ ) A notice of intention to recover assets has been issued to Park Hotel CQ, which operates Park Hotel Clarke Quay (Park Hotel Clarke Quay), because the other party is in arrears in rent. The trust sent a letter to the tenant's parent company Park Hotel Management on June 18 to claim the balance of 5.92 million yuan. The company must pay off the arrears before 5:00 p.m. on the 30th, otherwise the trust will terminate the lease.

4. USP Group ( $USP Group - watch list (BRS.SG)$ ) A meeting was held with AJ Jetting on June 7 to discuss the divestment of the subsidiary Biofuel Research, and plans to extend the statute of limitations. The statute of limitations was extended until June 21, but AJ Jetting announced on the 18th that it would not continue with the plan to acquire Biofuel Research. The parties are currently negotiating and finalizing the terms of the sales agreement.

5. Kelly Board Listed Company Mi Pay ( $OxPay Financial (TVV.SG)$ ) The dispute between controlling shareholder Chen Jiguang and the company's board of directors continued to heat up. Chen Jiguang sent a letter refuting the board's statement, while the board of directors responded that the nomination committee evaluated director candidates fairly and thoroughly.