Singapore stock watch: SIA, Keppel, SGX, China Aviation, Accordia Golf Trust

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SINGAPORE (THE BUSINESS TIMES) - The following companies saw new developments that may affect trading of their securities on Friday (Aug 21):. Read more at straitstimes.com.

SINGAPORE - The following companies saw new developments that may affect trading of their securities on Friday :

Keppel Corp: The Office of the Comptroller General of Brazil has suspended its administrative enforcement procedure against five subsidiaries of Keppel Corp in relation to"alleged irregularities under the Brazilian Anti-Corruption Statute", the conglomerate announced on Thursday after market close. Its shares finished $0.14 or 3 per cent lower at $4.61.

Wilmar International: Shares of the agri-food giant tumbled on Thursday after one of its largest shareholders, Archer Daniels Midland, announced plans to sell off shares and bonds worth U$800 million. The stock dropped to an intraday low of $4.31, before ending the day at $4.36, down $0.50 or 10.3 per cent.

Accordia Golf Trust : Its first-quarter net profit sank 75.4 per cent to 570 million yen , AGT's manager said on Friday, adding that the performance of its golf courses showed a"significant decline" due to the state of emergency declared in Japan between April and May to combat the spread of Covid-19. AGT units ended Thursday at 74 cents, up 0.5 cent or 0.7 per cent.

 

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