SINGAPORE - The following companies saw new developments that may affect trading of their securities on Wednesday :
Keppel Corp: To facilitate a consensual restructuring of KrisEnergy, Keppel has entered into an agreement with DBS Bank to extend the term of their bilateral contract till Dec 31, 2020 for KrisEnergy's revolving credit facility. Keppel shares ended Tuesday at $5.96, up $0.01 or 0.2 per cent, before the announcement.
Perennial Real Estate Holdings, Singapore Press Holdings : A consortium led by the mainboard-listed real estate developer has completed the sale of a half-stake in AXA Tower to Alibaba Group's Singapore subsidiary. SPH, HPRY Holdings and Piermont Holdings are among the investors in the consortium. On Tuesday, Perennial's share closed flat at $0.94, while SPH shares fell $0.02 or 1.6 per cent to $1.27, before the announcement.
Kimly Limited: The Catalist-listed company, through wholly-owned subsidiary Jin Wei Food, has acquired a long-term leasehold coffee shop in Ang Mo Kio for $12.9 million in cash. Kimly shares closed flat at 22.5 cents on Tuesday, before the announcement.
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