Seatrium to be included in the STI; Keppel DC REIT heads for reserve list

The Edge Singapore2023-06-01

Seatrium's market cap is more than $8 bil; Keppel DC REIT's $3.6 billionSeatrium S51, newly-formed from the merger of Sembcorp Marine and Keppel Offshore and Marine, has replaced Keppel DC REIT on the...

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Keppel DC REIT's $3.6 billionSeatrium S51, newly-formed from the merger of Sembcorp Marine and Keppel Offshore and Marine, has replaced Keppel DC REIT on the...</p>\n\n<a href=\"https://www.theedgesingapore.com/news/company-news/seatrium-be-included-sti-keppel-dc-reit-heads-reserve-list?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SG9999014302.SGD","symbol_name":"RHB Singapore Income Fund SGD","start_time":0,"source_url":"https://www.theedgesingapore.com/news/company-news/seatrium-be-included-sti-keppel-dc-reit-heads-reserve-list?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","article_id":"2340978756","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2340978756","pubTimestamp":1685585240,"sourceInfo":{"source_id":"edge_highlight","name":"Edge"},"weMediaInfo":null,"summary":"Seatrium's market cap is more than $8 bil; 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Keppel DC REIT's $3.6 billionSeatrium S51, newly-formed from the merger of Sembcorp Marine and Keppel Offshore and Marine, has replaced Keppel DC REIT on the Straits Times Index, according to the Singapore Exchange and its index partners following a quarterly review for June.\nNews that Seatrium has been included in the STI came just a day after CPIB announced an investigation on the company for alleged corruption in Brazil.\nKeppel DC REIT AJBU has a market value of $3.6 billion while Seatrium has a market cap of $8.26 billion.\nThe STI has 30 component stocks that are deemed the blue-chip counters of the local stock market.\nIn addition, there's a so-called \"STI reserve list\" which comprises the five highest ranking non-constituents of the STI by market capitalisation.\nThey are, in alphabetical order: CapitaLand Ascott Trust HMN, Frasers Centrepoint Trust J69U, Keppel DC REIT, Olam Group and Suntec REIT T82U. \nStocks on the reserve list will replace any constituents that become ineligible as a result of corporate actions before the next review.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; 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