Halcyon

Halcyon: No corporate news on its relatively strong share price performance since Friday. Latest corporate update was their EGM that was held on 12 Dec, which approved the group's proposed allotment of shares in a private placement to Credence Capital Fund II (Koh Boon Hwee's fund) at $0.72 apiece. Do note that today's gap up was done on relatively lower volumes and current price may not be sustainable.