THE following companies saw new developments that may affect trading of their securities on Monday (Oct 10):
Singtel (Z74): A hack on technology consulting company Dialog, which SingTel bought earlier this year, may have accessed data on fewer than 20 clients and 1,000 current and former staff, according to a Dialog statement issued by SingTel on Monday. Dialog found out on Oct. 7 that a “very small sample” of its data, including personal employee information, had been published on the so-called Dark Web. The attack itself took place almost a month earlier, on Sept. 10.
SPH Reit (SK6U): Singapore sentiment in the retail sector lifted the distribution per unit (DPU) of SPH Reit to 5.52 Singapore cents for the 12 months ended Aug 31 (12M FY2022), up 2.2 per cent from the previous year.
As previously announced, the real estate investment trust (Reit) is changing its financial year end from Aug 31 to Dec 31, resulting in a 16-month FY2022. Distributions for the four months ending December will be declared in February 2023.
Gross revenue for 12M FY2022 came in 1.7 per cent higher at S$281.9 million, while net property income (NPI) grew 3.5 per cent to S$209.7 million. The portfolio occupancy rate stood at 97.5 per cent.
Aspen (1F3): With the pandemic easing and the sale prices of gloves sliding, mainboard-listed Aspen (Group) is now proposing to sell its glove-making subsidiary’s factory building and the leased land on which the facility sits for RM200 million (S$61.1 million).
As the deal entails a sale of over 20 per cent of the group’s total net asset value, it is therefore a major transaction. Aspen would need the approval of its shareholders to go ahead with it.
Aspen noted that the proposed disposal could book a gain of about RM14.9 million; if the sale goes through, it could bring the net tangible asset value per share of the company to 39.22 sen from 37.84 sen, on a pro forma basis.
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