SINGAPORE (THE BUSINESS TIMES) - The following companies saw new developments that may affect trading of their securities on Monday (March 30):. Read more at straitstimes.com.
SINGAPORE - The following companies saw new developments that may affect trading of their securities on Monday :
Frasers Property: The company on Friday night said it is setting aside $45 million to provide further rental rebates for tenants across all its retail malls. Cash security deposits will also be released to offset one month's worth of rental payments. The counter rose $0.05 or 4.5 per cent to close at $1.16 on Friday.
Suntec Real Estate Investment Trust : Suntec City will roll out a second tranche of rental assistance to more than 97 per cent of its mall tenants. All savings from the enhanced property tax rebates announced by the government have been included in its $16 million rental assistance package, said Suntec Reit which owns 100 per cent of Suntec City Mall. The Reit's units rose $0.06 or 4.7 per cent to close at $1.33 on Friday before the announcement.
Straco Corporation: The mainboard-listed tourism player on Sunday said that its attraction, Shanghai Ocean Aquarium, will remain closed from March 30 in response to the evolving situation of Covid-19 in the city. Straco had initially planned to reopen the aquarium from March 18. The counter finished at 49 cents on Friday, up 0.5 cent or 1 per cent.
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