Singapore Stocks To Watch: Aims Apac Reit, GSH Corporation

Tiger Newspress2022-09-16

THE following companies saw new developments that may affect trading of their securities on Friday (Sep 16):

Aims Apac Reit: AIMS Apac Real Estate Investment Trust (AA Reit) has partnered SP Group to install rooftop solar photovoltaic (PV) systems across 6 of its industrial, logistics and warehouse properties by December 2023.

A total of 20,157 rooftop solar panels spanning 5.2 hectares will be deployed and maintained by SP Group at the following AA Reit properties: 20 Gul Way, 27 Penjuru Lane, 30 Tuas West Road, 103 Defu Lane, 8 & 10 Pandan Crescent and 8 Tuas Avenue 20.

In a joint statement on Friday (Sep 16), AA Reit and SP Group said the combined solar PV system will have a total installed capacity of 10 megawatt-peak, making it one of the largest rooftop solar installations by any Singapore-listed real estate investment trust.

GSH Corporation: GSH Corporation has closed its first initial issue of digital commercial paper and raised S$19.54 million in gross proceeds, the mainboard-listed player said in a regulatory filing on Thursday (Sep 15).

The issue, launched under a S$200 million multi-tranche unsecured commercial paper facility programme and to be listed on the ADDX Platform, offers an interest rate of 4.10 per cent per annum and matures 3 months from the date of its listing.

Sam Goi Seng Hui, Gilbert Ee Guan Hui and Juliette Lee Hwee Khoon were among the subscribers of the issue with their holdings of S$11.82 million amounting to 60.5 per cent of the issue.

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

mangokun
2022-10-26
mangokun
Ok
Helloyah
2022-09-16
Helloyah
close monitor
Sysy
2022-09-16
Sysy
K
Huatahhuat
2022-09-16
Huatahhuat
Aims reit ...
LEESIMON
2022-09-16
LEESIMON
ok
LEESIMON
2022-09-16
LEESIMON
ok
- Sysy:
  k

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