Stocks to watch: Keppel, Ascendas Reit, Mapletree North Asia Commercial Trust, Ascott Reit, CDLHT

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

Keppel Corporation:S$150 million 3 per cent notes due 2024 and S$350 million 3.66 per cent notes due 2029

, it said on Monday night after the market closed. They are expected to be issued on or about May 7, 2019, and are expected to be listed on the Singapore Exchange on or about the following business day after the issue. They will be issued under Keppel Corp’s US$5 billion multi-currency medium-term note programme. The company had on Monday morning increased the limit of the programme from US$3 billion to US$5 billion. Keppel Corp shares closed down 16 Singapore cents or 2.3 per cent to S$6.

for the fourth quarter ended March 31. Contribution from the trust's new Japan properties, and higher rental income from Hong Kong and China drove growth in revenue and net property income for the quarter, and the full year. Gross revenue picked up 16.2 per cent to S$104.04 million, and NPI improved 15.3 per cent to S$84 million. Q4 distributable income also grew 15.3 per cent to S$62.07 million. For the full year, DPU was up 2.8 per cent to 7.69 Singapore cents from 7.

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