SINGAPORE (THE BUSINESS TIMES) - The following companies saw new developments that may affect trading of their securities on Monday (June 1):. Read more at straitstimes.com.
SINGAPORE - The following companies saw new developments that may affect trading of their securities on Monday :
Keppel Corp: The conglomerate on Monday said associate company Floatel is conducting an independent review of the latter's business plan, which may include a review and update of the assumptions used in the impairment assessment of its vessels. Keppel shares closed at $5.91 on Friday, down $0.06 or 1 per cent.
Ascott Residence Trust : ART will not be redeeming its $250 million, 4.68 per cent perpetual issue on its first call date in June. The move sets a precedent for real estate invest trust perpetuals. ART closed up 6.5 cents or 7.3 per cent to 96 cents on Friday. Ho Bee Land: Ho Bee has bagged a site which will be developed into Biopolis Phase 6 - a multi-tenanted facility for biomedical sciences research and development in Singapore's one-north precinct. When completed by end-2022, Ho Bee intends to hold the development as a long-term investment. Shares of Ho Bee closed up $0.03 or 1.5 per cent to $2.04 on Friday.
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