Stocks to watch: SPH Reit, ESR-Reit, Q&M Dental, Cheung Woh Technologies, Capital World

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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.

SPH Reit:2.1 per cent rise in distribution per unit to 1.46 Singapore cents for the fourth quarter

ended Aug 31, up from 1.43 cents a year ago. Gross revenue rose 10.2 per cent year on year to S$58.37 million on the back of contributions from The Rail Mall in Singapore and Figtree Grove Shopping Centre in Australia, which were acquired in June and December last year respectively. Units in SPH Reit closed unchanged at S$1.11 on Thursday.from a more than twice oversubscribed preferential offering, with no additional units alloted beyond the original amount it had set out to raise.

 

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Cheung Woh Technologies names new CEO as Q2 earnings slump 87%LAW Kung Ying, the chief executive of Mainboard-listed Cheung Woh Technologies, will retire from the top job on Feb 28, 2020 due to health reasons. He will be replaced by his brother Law Kung Ming. Read more at The Business Times.
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