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Stocks to watch: Singtel, OUE C-Reit, OUE H-Trust, Del Monte, Soilbuild Reit

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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.

in a bid to move to an asset-light strategy, it said in a bourse filing on Tuesday night. Owned by its US subsidiary Del Monte Foods, the two facilities to be closed are located at Sleepy Eye, Minnesota and Mendota, Illinois while the third one in Cambria, Wisconsin will be sold as an operating facility. The company will also be selling manufacturing assets at its Crystal City, Texas facility and will transfer production at this site to outside locations later this year.

4 million to the real estate investment trust, has been, said the Reit's manager in a filing on Tuesday. The property in question is located at 2, Pioneer Sector 1. As at Aug 20, NK Ingredients owes about S$3.39 million to Soilbuild Reit, including August 2019 rental charges, property tax and land rent. This has exceeded the security deposit by about S$835,000. Units in Soilbuild Reit closed at 57.5 Singapore cents on Tuesday, down 0.9 per cent or 0.5 cent.

 

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