Stocks to watch: Venture Corp, NetLink NBN Trust, Geo Energy, Food Innovators

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Nov 10):

Venture Corporation : The technology solutions provider reported on Friday a 21.9 per cent rise in net profit for its third quarter to S$67.8 million, amid higher revenue contributions from its key technology businesses. Revenue for the period rose 26 per cent year on year to S$790.4 million. The gains were boosted by a ramp up in production, as well as market share gains in its test and measurement instrumentation, networking and communications, and semiconductor-related equipment businesses. Shares of Venture Corp ended 3 per cent or S$0.44 lower at S$14.29 on Friday.

Geo Energy : The coal mining company on Tuesday signed two non-binding agreements involving three major Chinese state-owned enterprise groups to explore the expansion of its Triaryani coal mine in South Sumatra, Indonesia. The agreements cover potential mining services, specialised equipment and technology, and a potential coal offtake arrangement of up to two million tonnes in 2027. Shares of Geo Energy ended 4.9 per cent or S$0.025 lower at S$0.485 on Friday.