Singapore stock watch: CDL, Sats, ART, Singtel, Cromwell E-Reit, OCBC, Sembmarine
SINGAPORE - The following companies saw new developments that may affect trading of their securities on Monday :
Ascott Residence Trust : The stapled group's distribution per stapled security for the six months ended June 30 is expected to fall by 65 per cent to 75 per cent from the 3.43 cents recorded in the first half of 2019, the managers said on Monday. Stapled securities of ART closed at $1.03 on Thursday, down $0.01 or 1 per cent.
OCBC Bank: Mike Ng, head of structured finance and sustainable finance at OCBC, told The Business Times that the bank is expecting its value of sustainable financing loans in 2020 to be comparable to last year's commitment of over $5 billion. OCBC shares closed at $9.25 on Thursday, down $0.08 or 0.9 per cent.
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Stocks to watch: CDL, SATS, ART, Singtel, Cromwell E-Reit, OCBC, SembmarineTHE following companies saw new developments that may affect trading of their securities on Monday: Read more at The Business Times.
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Cromwell E-Reit to invest in London, Frankfurt data centresSINGAPORE (THE BUSINESS TIMES) - Cromwell European Real Estate Investment Trust (Cromwell E-Reit) has signed a heads of terms agreement with its sponsor and Stratus Data Centres, to co-invest directly into 50 per cent stakes in two European data centre projects, subject to various milestones.. Read more at straitstimes.com.
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Cromwell E-Reit to invest in London, Frankfurt data centresCROMWELL European Real Estate Investment Trust (Cromwell E-Reit) has signed a heads of terms agreement with its sponsor and Stratus Data Centres, to co-invest directly into 50 per cent stakes in two European data centre projects, subject to various milestones. Read more at The Business Times.
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Ascott Residence Trust H1 2020 DPS expected to fall by 65-75%ASCOTT Residence Trust's (ART) distribution per stapled security (DPS) for the six months ended June 30 is expected to fall by 65 per cent to 75 per cent from the 3.43 Singapore cents recorded in the first half of 2019, the managers said. Read more at The Business Times.
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Ascott Residence Trust flags 65-75% fall in half-year DPSSINGAPORE (THE BUSINESS TIMES) - Ascott Residence Trust's (ART) distribution per stapled security (DPS) for the six months ended June 30 is expected to fall by 65 per cent to 75 per cent from the 3.43 cents recorded in the first half of 2019, the managers said.. Read more at straitstimes.com.
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Singapore stocks advance at Monday's open; STI up 0.5%SINGAPORE shares rose when trading began at the start of the week, with the key Straits Times Index gaining 12.85 points or 0.5 per cent to 2,665.50 as at 9am. Read more at The Business Times.
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