Stocks to watch: Keppel Infrastructure Trust, Sunpower, Boustead Projects, CSC, Jason Marine

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

Keppel Infrastructure Trust :on May 23. Under the programme, Keppel Infrastructure Fund Management may, from time to time, issue notes and perpetual securities in Singapore dollars, US dollars or other currencies agreed between the trustee-manager and the relevant dealer, it said in an exchange filing late Thursday night. KIT units closed up 0.5 Singapore cent at 47 cents on Thursday.

for the fourth quarter ended March 31, amid weaker gross margins in its core design-and-build segment, coupled with depreciation costs. The mainboard-listed firm however saw revenue rise 50 per cent year on year to S$69.3 million, supported by a change in accounting policy, and a 60 per cent surge in design-and-build revenue to S$62 million, due to order book backlog carried forward at the end of FY2018. Boustead Projects has proposed a final ordinary dividend of 1.

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