Stocks to watch: MCT, CapitaLand, Keppel Reit, Soilbuild Reit, Qian Hu, AA Reit

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SINGAPORE - The following companies saw new developments that may affect trading of their securities on Thursday (Oct 17):. Read more at straitstimes.com.

SINGAPORE - The following companies saw new developments that may affect trading of their securities on Thursday :

Keppel Reit: Higher rentals from Ocean Financial Centre and 275 George Street, a full quarter of income contribution from T Tower in Seoul, as well as its unit buyback programme, lent a boost to Keppel Reit's third quarter ended Sept 30. Its distribution per unit rose 2.9 per cent to 1.4 cents, up from 1.36 cents a year ago. The counter ended flat at $1.24 on Wednesday.

AIMS Apac Reit : Units of the industrial real estate investment trust dived to an eight-month low at Wednesday's close, after the completion of its sponsor's bookbuilding process and secondary placement which raised $94.9 million. AA Reit ended the day at $1.37, down 11 cents or 7.43 per cent. This is its lowest price since Feb 13.

Sunpower Group: The mainboard-listed company has secured manufacturing and services contracts worth 71.7 million yuan from its strategic partner Wanhua Chemical Group. Delivery of the products is expected to be completed in 2019 and will have a positive impact on the group's financial results. Sunpower shares closed up 0.5 cent or 1 per cent to 48.5 cents on Wednesday before the announcement.

 

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