Stocks to watch: CDL, Singapore Airlines, SATS, JMH, Sembcorp, CapitaLand

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Stocks to watch: CDL, SingaporeAir, SATS, JMH, Sembcorp, CapitaLand

THE following companies saw new developments that may affect trading of their securities on Wednesday:Another board member, Koh Thiam Hock, has resigned from the property giant over concerns with its investment in Sincere Property Group in China, said CDL late Tuesday night. Meanwhile, Carol Fong has been appointed as an independent non-executive director. CDL shares lost S$0.01 or 0.1 per cent to close at S$8.03.through the Covid-19 crisis.

This will include waiving some fees paid by Singapore-based airlines and a 50 per cent rebate for licence fees for ground handling and catering services. At Tuesday's close, before the announcement, SIA shares fell S$0.02 or 0.5 per cent to S$4.24, while SATS rose S$0.05 or 1.3 per cent to S$4.03.The four stocks were the Straits Times Index's strongest performers in the quarter to date, andin a market update. All four were in the green at Tuesday's close: JMH gained US$0.35 or 0.

 

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