Stocks to watch: Keppel Infrastructure Trust, Keppel DC Reit, BM Mobility, PCI

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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 Infrastructure Trust:

The trust on Monday reported a flat total distribution per unit of 0.93 Singapore cent for the first quarter of financial year 2019. But it due to transaction costs incurred during the quarter in relation to the acquisition of Australian chemicals group Ixom. The counter closed unchanged at S$1.49 on Monday.for the first quarter ended March 31, up 6.7 per cent from 1.80 Singapore cents a year ago. Distributable income grew 29.9 per cent to S$27.1 million due to the enlarged asset base following the acquisitions of maincubes Data Centre in Offenbach am Main, Germany, and Keppel DC Singapore 5 in 2018.

in the days after he resigned on March 25. However, Mr Lim told The Business Times on Monday evening that he had, in fact, responded to a March 26 request for a quotation for group accounting outsourcing on the same day. Mr Lim also said he did not inform BM Mobility of any unresolved issues for “fear of retaliation from the company”. BM Mobility shares closed at 0.7 Singapore cent on Monday, down 0.1 cent.

 

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