Stocks to watch: Suntec Reit, IHH Healthcare, SIA Engg, Thomson Medical, Creative

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THE following companies saw new developments that may affect trading of their shares on Friday: Read more at The Business Times.

Suntec Real Estate Investment Trust :

Suntec Singapore Convention and Exhibition Centre is undertaking a one-off retrenchment exercise that will cut 85 jobs, as the events business dries up amid the Covid-19 pandemic. Units in Suntec Reit closed at S$1.40 on Thursday, down S$0.01 or 0.7 per cent.In results announced on Thursday, IHH Healthcare sank into the red for its second quarter ended June 30, as it posted a net loss of RM120.6 million , compared to the RM185 million profit a year ago.

 

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