Stocks to watch: Frasers Property, Keppel DC Reit, Duty Free, POSH, SembMarine

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

Frasers Property:. The three freehold retail assets – Central Park Mall, DUO Retail and Park Lane Retail – have a combined gross leasable area of 14,600 square metres, and are being sold to a consortium comprising Fortius Funds Management, and SC Capital Partners Group, on behalf of its Recap V Fund. Frasers Property shares closed up two Singapore cents, or 1.1 per cent to S$1.76 on Wednesday.raised S$242.

, the company announced in a bourse filing on Wednesday. The cash call is part of Keppel DC Reit's move to raise S$478 million via the offering, and a separate private placement to fund its acquisition of two data centres in Singapore later this year. Some 142 million new units will be issued under the offering at an issue price of S$1.71 per unit. The new units are expected to be listed on the SGX on Oct 15. Units of Keppel DC Reit last traded at S$1.98 on Wednesday, up five cents.

 

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