Stocks to watch: Frasers Property, Keppel DC Reit, Duty Free, POSH, SembMarine

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

Keppel DC Reit : Mainboard-listed Keppel DC Reit has raised $242.8 million in gross proceeds from its oversubscribed preferential offering, the company announced in a bourse filing on Wednesday. The cash call is part of Keppel DC Reit's move to raise $478 million via the offering, and a separate private placement to fund its acquisition of two data centres in Singapore later this year. Some 142 million new units will be issued under the offering at an issue price of $1.71 per unit.

PACC Offshore Services Holdings , Sembcorp Marine : Mainboard-listed POSH has agreed to acquire the 50 per cent stake held by SembMarine in harbour services provider Pacific Workboats for over US$679,400 in cash. PWPL is currently a 50:50 joint venture between POSH and Dolphin Shipping Co, a unit of SembMarine. Post-acquisition, POSH will continue to offer harbour services in Singapore independently, while redeploying select assets from PWPL for longer-term charters overseas.

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