Singapore Stocks to Watch: ComfortDelGro, Emperador, GYP Properties

Tiger Newspress2022-09-02

THE following companies saw new developments that may affect trading of their securities on Friday (Sep 2):

TRANSPORT company ComfortDelGro has been dropped from the Straits Times Index (STI) in the latest quarterly review, with recently-listed Emperador replacing it on the benchmark index.

The change to the STI, which tracks the performance of the 30 largest and most liquid companies listed on the Singapore Exchange (SGX), takes effect at the start of business on Sep 19, FTSE Russell said in a statement on Thursday (Sep 1).

Emperador, which listed on the Singapore Exchange (SGX) in July, has displaced ComfortDelGro (CDG) as one of the 30 constituents on the benchmark Straits Times Index (STI).

As at its last-closed share price of 49.5 cents, the Mainboard-listed brandy maker has a market capitalisation of $7.8 billion. ComfortDelGro's market capitalisation, as at its last-closed share price of $1.40, stands at $3.04 billion.

THE voluntary cash offer made by Rumah & Co to take real estate developer GYP Properties private was on Thursday (Sept 1) raised to S$0.188 per share, from the earlier S$0.168 per share as announced on Jul 8.

As per the announcement on Aug 24, the closing date for the offer had also been extended to Sept 23, at 5.30 pm.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

54oo_
2022-10-17
54oo_
[呆住]
LEESIMON
2022-09-02
LEESIMON
noted
Simonnov
2022-09-02
Simonnov
Ic
Ahqing
2022-09-02
Ahqing
How? hold?
Hayleyxn
2022-09-02
Hayleyxn
K
- Hayleyxn:
  j

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