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Stocks to watch: ST Engg, SPH, CapitaLand, Raffles Medical, Wing Tai, Hong Leong Asia

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ST Engineering:to S$169.5 million. This came as revenue for the quarter climbed 29 per cent to S$2.29 billion, thanks to increased contributions from its marine sector and aerospace arm. ST Engineering shares closed at S$4.24 on Friday, down S$0.03 or 0.7 per cent.acquire five aged care assets in Japan

for a total of 5.26 billion yen . The deal is part of SPH’s strategy of investing in aged care and healthcare assets, and expanding its business footprint in markets with fast-ageing populations. SPH shares closed flat at S$2.01 on Friday.To ease cash flows for all its mall tenants amid the virus outbreak, the real estate giant on Monday said it willto offset their rental payments for the month of March 2020. This is on top of other potential rental relief measures it had announced last week.

 

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