Stocks to watch: ThaiBev, F&N, CapitaLand, CDL, ESR-Reit, SLB Development

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

THE following companies saw new developments that may affect trading of their securities on Thursday:started operations at Emerald Brewery Myanmar

as it seeks to take another crack at the fast-growing market. Emerald Brewery, a joint venture between F&N and local partners, has established a greenfield brewery in Yangon, to brew Chang Beer and distribute it to the rest of the country. F&N's capital investment of US$70 million has been deployed towards building the modern brewery. Shares of ThaiBev closed at S$0.89 on Wednesday, down 1.5 cent or 1.66 per cent, before the announcement. Shares of F&N closed at S$1.

by working more closely with its tenants. Jason Leow, CapitaLand's president of Singapore and international, credits the group’s performance to a few strategies, including a loyalty programme as well as mall revamps. Shares of CapitaLand closed at S$3.48 on Wednesday, down three cents or 0.86 per cent.in Raffles Place, following an extensive S$70 million makeover.

 

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