Stocks to watch: OCBC, Keppel, China Everbright, Chip Eng Seng, First Reit

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Stocks to watch: OCBCBank, Keppel, China Everbright, Chip Eng Seng, First Reit

First Real Estate Investment Trust :

The Reit's board and management on Friday responded to unitholder concerns that"there are some lines being drawn among the family members", such that First Reit did not know that Lippo Karawaci was planning to negotiate the rents down. First Reit pointed out OUE/OUE Lippo Healthcare and LK have separate board and management teams, and that it continues to receive strong support from the sponsor group. First Reit closed 0.5 Singapore cent or 1.9 per cent lower at 25.

 

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