Singapore Stocks to Watch: Chip Eng Seng, Lendlease Reit, Cromwell E-Reit, CDW, Wing Tai

Tiger Newspress2022-04-05

THE following companies saw new developments that may affect trading of their securities on Tuesday (Apr 5):

Chip Eng Seng is planning to acquire a minority stake in a property located at 8 Shenton Way for S$2.1 million.

Lendlease Reit this year saw strong demand from investors, being subscribed 5.3 times, with orders exceeding S$780 million.

CROMWELL European Reit issued some 1.3 million new units at an issue price of 2.2409 euros per unit last Thursday (Mar 31), bringing up the number of issued units to 562.4 million.

CDW Holding's wholly owned unit Tomoike Industrial will buy back shares representing 23.1 percent of South Korean life sciences firm A Biotech Co (ABio) from the son of its controlling shareholder for 1.84 billion won (S$2.1 million).

WING Tai Holdings' Malaysian subsidiary has sold its property at 166A Rifle Range Road in Penang for RM17.5 million (S$5.6 million).The aggregate consideration for the disposal of the property, which comprises a leasehold land and a 5-storey factory building, is higher than RM13.7 million net book value as at Monday (Apr 4)

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

GggSlimeR
2022-05-07
GggSlimeR
Thanks & Do not like my comment
phongy 45
2022-04-06
phongy 45
Ok
Targarean
2022-04-05
Targarean
Every new issuance dilutes the holdings of existingshareholders.
koolgal
2022-04-05
koolgal
Lendlease Reit is sizzling hot as investors are flocking to subscribe to their shares!Go Lendlease! 🚀🚀🚀🌙🌙🌙
Jazim
2022-04-05
Jazim
Ok 👌
claratan
2022-04-05
claratan
Wow

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Do not like my comment&nbsp;","listText":"Thanks &amp; Do not like my comment&nbsp;","text":"Thanks & Do not like my comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9066343465","repostId":1182819451,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9016221980,"gmtCreate":1649202419777,"gmtModify":1676534468079,"author":{"id":"4101978790494150","authorId":"4101978790494150","name":"phongy 45","avatar":"https://static.tigerbbs.com/f6f41e543307358288f75d55fe347ad2","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4101978790494150","authorIdStr":"4101978790494150"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9016221980","repostId":1182819451,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9016805175,"gmtCreate":1649162286027,"gmtModify":1676534460938,"author":{"id":"3573540190522229","authorId":"3573540190522229","name":"Targarean","avatar":"https://community-static.tradeup.com/news/59de1c73df3e7e460bd84cc786850fa6","vip":1,"hat":"https://static.tigerbbs.com/ae1f49570794979e009a5efdeb6f4789","crmLevel":7,"crmLevelSwitch":1,"idStr":"3573540190522229","authorIdStr":"3573540190522229"},"htmlText":"Every new issuance dilutes the holdings of existingshareholders.&nbsp;","listText":"Every new issuance dilutes the holdings of existingshareholders.&nbsp;","text":"Every new issuance dilutes the holdings of existingshareholders.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9016805175","repostId":1182819451,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9016176775,"gmtCreate":1649160323701,"gmtModify":1676534460669,"author":{"id":"3559581955535845","authorId":"3559581955535845","name":"koolgal","avatar":"https://static.tigerbbs.com/c05274d88ffc0434623e57350c52c70a","vip":2,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":6,"crmLevelSwitch":1,"idStr":"3559581955535845","authorIdStr":"3559581955535845"},"htmlText":"Lendlease Reit is sizzling hot as investors are flocking to subscribe to their shares!Go Lendlease! 🚀🚀🚀🌙🌙🌙","listText":"Lendlease Reit is sizzling hot as investors are flocking to subscribe to their shares!Go Lendlease! 🚀🚀🚀🌙🌙🌙","text":"Lendlease Reit is sizzling hot as investors are flocking to subscribe to their shares!Go Lendlease! 🚀🚀🚀🌙🌙🌙","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9016176775","repostId":1182819451,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9016171208,"gmtCreate":1649159866371,"gmtModify":1676534460610,"author":{"id":"4091925166419540","authorId":"4091925166419540","name":"Jazim","avatar":"https://static.tigerbbs.com/85de7ecb80758afc3288fc8bb7e5ef27","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"4091925166419540","authorIdStr":"4091925166419540"},"htmlText":"Ok 👌","listText":"Ok 👌","text":"Ok 👌","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9016171208","repostId":1182819451,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9016142547,"gmtCreate":1649158578940,"gmtModify":1676534460454,"author":{"id":"3573731928321338","authorId":"3573731928321338","name":"claratan","avatar":"https://static.tigerbbs.com/9c6bbdac9048ff2e4b740f272576e2be","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3573731928321338","authorIdStr":"3573731928321338"},"htmlText":"Wow&nbsp;","listText":"Wow&nbsp;","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9016142547","repostId":1182819451,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":639,"commentSize":58,"repostSize":0,"favoriteSize":2,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; 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