Stocks to watch: Suntec Reit, SPH, Ho Bee Land, Oxley, UG Healthcare

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

. However, SPH said that there will be no material impact on the group's operations for FY2020, given that the subsidiaries are non-core investments. Shares in SPH closed at S$1.47 on Tuesday, down S$0.01 or 0.7 per cent, before these announcements.Mainboard-listed developer Ho Bee Land said on Tuesday that the firm is"not as badly affected" by the virus outbreak thanks to its

. Shares of Ho Bee Land closed on Tuesday at S$2.13, up S$0.02 or 1 per cent before this announcement.A buyer has entered into an expression of interest with Oxley Beryl, which owns the former Chevron House, to acquire the retail and banking units in the Raffles Place development for S$315 million. Shares of Oxley Holdings gained 0.5 Singapore cent or 2.3 per cent to finish Tuesday at 22.5 cents, before the announcement.

 

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