News Formal

Stocks to watch: Mapletree Logistics Trust, Genting Singapore, Indofood Agri, First Reit, ThaiBev, TEE International

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

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

Mapletree Logistics Trust to Godo Kaisha for a total of 17.52 billion yen in cash. In a regulatory filing on Wednesday, MLT's manager Mapletree Logistics Trust Management said that after evaluating all viable options and taking into consideration the older warehouse building specifications, limited future income growth and lack of redevelopment potential for the properties concerned, divestment at the offered price would be desirable in the interests of the unitholders.

This will slash Genting Singapore and its subsidiaries' borrowings drastically from S$933 million to S$253 million. The repayment will be made using internal cash resources of the group. Genting Singapore shares closed down 0.52 per cent or S$0.005 at S$0.965 on Wednesday.by offeror PT Indofood Sukses Makmur, which holds a 74.52 per cent stake in the company.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 15. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks to watch: OUE, OUE C-Reit, OUE H-Trust, ASTI Holdings, Mindchamps, RHT Health TrustStocks to watch: OUE, OUE C-Reit, OUE H-Trust, ASTI Holdings, Mindchamps, RHT Health Trust
Source: BusinessTimes - 🏆 15. / 51 Read more »

Stocks to watch: OUE, OUE C-Reit, UOB, Tuan Sing HoldingsTHE following companies saw new developments that may affect trading of their shares on Tuesday: Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Stocks to watch: Kingboard Copper Foil, SLB Development, SMJ International, Nam Cheong, OceanusProperty field_blurb Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

OUE Commercial Reit, OUE Hospitality Trust in proposed merger by trust schemeProperty field_blurb Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Stocks to watch: Keppel Corp, SPH, BreadTalk, Keppel Infra Trust, Silkroad NickelTHE following companies saw new developments that may affect trading of their shares on Wednesday: Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »