SINGAPORE - The following companies saw new developments that may affect trading of their shares on Tuesday n:
CapitaLand Mall Trust : CMT has secured a $200 million, five-year green loan from OCBC Bank, its manager announced on Tuesday. This mark's CMT's first foray into green financing where all proceeds will be used to finance or refinance properties within its portfolio that have achieved the BCA Green Mark certification. In support of the BCA's Green Building Masterplan, CMT is committed to achieving BCA Green Mark certification for all its operational properties by 2020.
Prudential: Prudential's Asian asset management business Eastspring Investments has signed an agreement to acquire 50.1 per cent of Thanachart Fund Management Co for 4,208 million baht , Prudential announced on Monday night. Eastspring is acquiring a 25.1 per cent stake in TFUND from Thanachart Bank Public Company , and acquiring Government Savings Bank's entire 25 per cent stake. Following the acquisition, TBANK's customers will have access to Eastspring's investment solutions.
Sunpower Group: Sunpower has won a manufacturing and services tender worth about 49 million yuan from repeat customer Sinopec, the mainboard-listed environmental solutions firm announced on Monday after market close. Under the tender, Sunpower will provide flare packages to Sinopec subsidiary Sinopec Nanjing Engineering & Construction Incorporation, for the Gulei Refinery and Chemical Integration Project. Sunpower shares closed up 1.5 cents or 3.
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