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SG Morning Call｜Singapore Stocks Opened Lower on Wednesday; KIT Fell 4.3% on Private Placement
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STI fell 0.2%, SIA rose 0.2%, UOB fell 0.2%, OCBC fell 0.3%, DBS fell 0.2%, KIT fell 4.3%, Wing Tai fell 0.8%.Stocks to WatchKeppel Infrastru","content":"<html><head></head><body><h2 id=\"id_2780928662\">Market Snapshot</h2><p>Singapore stocks opened lower on Wednesday. STI fell 0.2%, SingPost rose 1%, ThaiBev rose 2%, KIT fell 4.3%, Lum Chang rose 1.7%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/287df41b5e628663917756f460f90dae\" title=\"\" tg-width=\"303\" tg-height=\"795\"/></p><h2 id=\"id_3813175564\">Stocks to Watch</h2><p><strong>Keppel Infrastructure Trust:</strong> It has issued 456.6 million new units at an issue price of S$0.438 apiece on Wednesday, representing the highest end of the price range indicated when it proposed its equity fundraising the day before. The trustee-manager said the placement was about 2.5 times subscribed and will raise about S$200 million. The counter ended flat at S$0.465 on Monday before a trading halt. It will resume trading on Wednesday.</p><p><strong>Wing Tai:</strong> The property developer widened its net loss for the second half ended Jun 30 to S$99.2 million, from S$50 million in the year-ago period. The decline came as Wing Tai’s associated and joint venture companies netted a loss of S$90.9 million for H2, more than double the loss of S$43.8 million previously. Shares of Wing Tai closed 0.8 per cent or S$0.01 lower at S$1.26 on Tuesday, before the announcement.</p><p><strong>Lum Chang:</strong> The construction player swung back into the black with a S$3.7 million net profit for the second half ended Jun 30, compared with a net loss of S$29.3 million in the year-ago period. The bottom line improvement was due to cost savings from the finalisation of accounts with subcontractors and customers for completed construction projects. The counter closed 1.7 per cent or S$0.005 lower at S$0.29 on Tuesday, before the news.</p><h2 id=\"id_3059161784\">SG Local News</h2><p><strong>OCBC moves to recover over S$6 million owed on mortgages for assets linked to money laundering case</strong></p><p>OCBC has filed several claims in the High Court seeking over S$6 million from three foreign nationals who are possibly linked to the S$3 billion money laundering case.</p><p>In court documents seen by The Business Times, claims were initiated against Xu Haika and Wu Yamei, who had purchased two three-bedroom units on the 43rd floor of South Beach Residences.</p><p><strong>New listings, liquidity, regulatory framework, governance among priorities for MAS review of equities market</strong></p><p>The Monetary Authority of Singapore’s (MAS) new review group has identified priority areas for two workstreams amid its ongoing review of local equity markets.</p><p>Called the Equities Market Review Group, the panel was set up earlier this month to recommend measures to aid in the development of equities in Singapore.</p><p>It is chaired by Second Minister for Finance and MAS board member Chee Hong Tat, and includes private-sector stakeholders and public-sector representatives.</p><p></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SG Morning Call｜Singapore Stocks Opened Lower on Wednesday; KIT Fell 4.3% on Private Placement</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSG Morning Call｜Singapore Stocks Opened Lower on Wednesday; KIT Fell 4.3% on Private Placement\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1050470178\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/f17a9a7b68c877792d5e556261e9e709);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">TigerNews SG </p>\n<p class=\"h-time\">2024-08-28 09:09</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><h2 id=\"id_2780928662\">Market Snapshot</h2><p>Singapore stocks opened lower on Wednesday. STI fell 0.2%, SingPost rose 1%, ThaiBev rose 2%, KIT fell 4.3%, Lum Chang rose 1.7%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/287df41b5e628663917756f460f90dae\" title=\"\" tg-width=\"303\" tg-height=\"795\"/></p><h2 id=\"id_3813175564\">Stocks to Watch</h2><p><strong>Keppel Infrastructure Trust:</strong> It has issued 456.6 million new units at an issue price of S$0.438 apiece on Wednesday, representing the highest end of the price range indicated when it proposed its equity fundraising the day before. The trustee-manager said the placement was about 2.5 times subscribed and will raise about S$200 million. The counter ended flat at S$0.465 on Monday before a trading halt. It will resume trading on Wednesday.</p><p><strong>Wing Tai:</strong> The property developer widened its net loss for the second half ended Jun 30 to S$99.2 million, from S$50 million in the year-ago period. The decline came as Wing Tai’s associated and joint venture companies netted a loss of S$90.9 million for H2, more than double the loss of S$43.8 million previously. Shares of Wing Tai closed 0.8 per cent or S$0.01 lower at S$1.26 on Tuesday, before the announcement.</p><p><strong>Lum Chang:</strong> The construction player swung back into the black with a S$3.7 million net profit for the second half ended Jun 30, compared with a net loss of S$29.3 million in the year-ago period. The bottom line improvement was due to cost savings from the finalisation of accounts with subcontractors and customers for completed construction projects. The counter closed 1.7 per cent or S$0.005 lower at S$0.29 on Tuesday, before the news.</p><h2 id=\"id_3059161784\">SG Local News</h2><p><strong>OCBC moves to recover over S$6 million owed on mortgages for assets linked to money laundering case</strong></p><p>OCBC has filed several claims in the High Court seeking over S$6 million from three foreign nationals who are possibly linked to the S$3 billion money laundering case.</p><p>In court documents seen by The Business Times, claims were initiated against Xu Haika and Wu Yamei, who had purchased two three-bedroom units on the 43rd floor of South Beach Residences.</p><p><strong>New listings, liquidity, regulatory framework, governance among priorities for MAS review of equities market</strong></p><p>The Monetary Authority of Singapore’s (MAS) new review group has identified priority areas for two workstreams amid its ongoing review of local equity markets.</p><p>Called the Equities Market Review Group, the panel was set up earlier this month to recommend measures to aid in the development of equities in Singapore.</p><p>It is chaired by Second Minister for Finance and MAS board member Chee Hong Tat, and includes private-sector stakeholders and public-sector representatives.</p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数","W05.SI":"永泰控股","L19.SI":"林増控股","A7RU.SI":"吉宝基础设施信托"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131569367","content_text":"Market SnapshotSingapore stocks opened lower on Wednesday. STI fell 0.2%, SingPost rose 1%, ThaiBev rose 2%, KIT fell 4.3%, Lum Chang rose 1.7%.Stocks to WatchKeppel Infrastructure Trust: It has issued 456.6 million new units at an issue price of S$0.438 apiece on Wednesday, representing the highest end of the price range indicated when it proposed its equity fundraising the day before. The trustee-manager said the placement was about 2.5 times subscribed and will raise about S$200 million. The counter ended flat at S$0.465 on Monday before a trading halt. It will resume trading on Wednesday.Wing Tai: The property developer widened its net loss for the second half ended Jun 30 to S$99.2 million, from S$50 million in the year-ago period. The decline came as Wing Tai’s associated and joint venture companies netted a loss of S$90.9 million for H2, more than double the loss of S$43.8 million previously. Shares of Wing Tai closed 0.8 per cent or S$0.01 lower at S$1.26 on Tuesday, before the announcement.Lum Chang: The construction player swung back into the black with a S$3.7 million net profit for the second half ended Jun 30, compared with a net loss of S$29.3 million in the year-ago period. The bottom line improvement was due to cost savings from the finalisation of accounts with subcontractors and customers for completed construction projects. The counter closed 1.7 per cent or S$0.005 lower at S$0.29 on Tuesday, before the news.SG Local NewsOCBC moves to recover over S$6 million owed on mortgages for assets linked to money laundering caseOCBC has filed several claims in the High Court seeking over S$6 million from three foreign nationals who are possibly linked to the S$3 billion money laundering case.In court documents seen by The Business Times, claims were initiated against Xu Haika and Wu Yamei, who had purchased two three-bedroom units on the 43rd floor of South Beach Residences.New listings, liquidity, regulatory framework, governance among priorities for MAS review of equities marketThe Monetary Authority of Singapore’s (MAS) new review group has identified priority areas for two workstreams amid its ongoing review of local equity markets.Called the Equities Market Review Group, the panel was set up earlier this month to recommend measures to aid in the development of equities in Singapore.It is chaired by Second Minister for Finance and MAS board member Chee Hong Tat, and includes private-sector stakeholders and public-sector representatives.","news_type":1},"isVote":1,"tweetType":1,"viewCount":51,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":343116877082752,"gmtCreate":1724808985556,"gmtModify":1724809630020,"author":{"id":"4114483410548892","authorId":"4114483410548892","name":"ngck8","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4114483410548892","authorIdStr":"4114483410548892"},"themes":[],"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/343116877082752","repostId":"1131569367","repostType":2,"repost":{"id":"1131569367","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings","home_visible":1,"media_name":"TigerNews SG","id":"1050470178","head_image":"https://community-static.tradeup.com/news/f17a9a7b68c877792d5e556261e9e709"},"pubTimestamp":1724807387,"share":"https://ttm.financial/m/news/1131569367?lang=&edition=fundamental","pubTime":"2024-08-28 09:09","market":"sg","language":"en","title":"SG Morning Call｜Singapore Stocks Opened Lower on Wednesday; KIT Fell 4.3% on Private Placement","url":"https://stock-news.laohu8.com/highlight/detail?id=1131569367","media":"TigerNews SG","summary":"Market SnapshotSingapore stocks opened lower on Wednesday. STI fell 0.2%, SIA rose 0.2%, UOB fell 0.2%, OCBC fell 0.3%, DBS fell 0.2%, KIT fell 4.3%, Wing Tai fell 0.8%.Stocks to WatchKeppel Infrastru","content":"<html><head></head><body><h2 id=\"id_2780928662\">Market Snapshot</h2><p>Singapore stocks opened lower on Wednesday. STI fell 0.2%, SingPost rose 1%, ThaiBev rose 2%, KIT fell 4.3%, Lum Chang rose 1.7%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/287df41b5e628663917756f460f90dae\" title=\"\" tg-width=\"303\" tg-height=\"795\"/></p><h2 id=\"id_3813175564\">Stocks to Watch</h2><p><strong>Keppel Infrastructure Trust:</strong> It has issued 456.6 million new units at an issue price of S$0.438 apiece on Wednesday, representing the highest end of the price range indicated when it proposed its equity fundraising the day before. The trustee-manager said the placement was about 2.5 times subscribed and will raise about S$200 million. The counter ended flat at S$0.465 on Monday before a trading halt. It will resume trading on Wednesday.</p><p><strong>Wing Tai:</strong> The property developer widened its net loss for the second half ended Jun 30 to S$99.2 million, from S$50 million in the year-ago period. The decline came as Wing Tai’s associated and joint venture companies netted a loss of S$90.9 million for H2, more than double the loss of S$43.8 million previously. Shares of Wing Tai closed 0.8 per cent or S$0.01 lower at S$1.26 on Tuesday, before the announcement.</p><p><strong>Lum Chang:</strong> The construction player swung back into the black with a S$3.7 million net profit for the second half ended Jun 30, compared with a net loss of S$29.3 million in the year-ago period. The bottom line improvement was due to cost savings from the finalisation of accounts with subcontractors and customers for completed construction projects. The counter closed 1.7 per cent or S$0.005 lower at S$0.29 on Tuesday, before the news.</p><h2 id=\"id_3059161784\">SG Local News</h2><p><strong>OCBC moves to recover over S$6 million owed on mortgages for assets linked to money laundering case</strong></p><p>OCBC has filed several claims in the High Court seeking over S$6 million from three foreign nationals who are possibly linked to the S$3 billion money laundering case.</p><p>In court documents seen by The Business Times, claims were initiated against Xu Haika and Wu Yamei, who had purchased two three-bedroom units on the 43rd floor of South Beach Residences.</p><p><strong>New listings, liquidity, regulatory framework, governance among priorities for MAS review of equities market</strong></p><p>The Monetary Authority of Singapore’s (MAS) new review group has identified priority areas for two workstreams amid its ongoing review of local equity markets.</p><p>Called the Equities Market Review Group, the panel was set up earlier this month to recommend measures to aid in the development of equities in Singapore.</p><p>It is chaired by Second Minister for Finance and MAS board member Chee Hong Tat, and includes private-sector stakeholders and public-sector representatives.</p><p></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SG Morning Call｜Singapore Stocks Opened Lower on Wednesday; KIT Fell 4.3% on Private Placement</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSG Morning Call｜Singapore Stocks Opened Lower on Wednesday; KIT Fell 4.3% on Private Placement\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1050470178\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/f17a9a7b68c877792d5e556261e9e709);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">TigerNews SG </p>\n<p class=\"h-time\">2024-08-28 09:09</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><h2 id=\"id_2780928662\">Market Snapshot</h2><p>Singapore stocks opened lower on Wednesday. STI fell 0.2%, SingPost rose 1%, ThaiBev rose 2%, KIT fell 4.3%, Lum Chang rose 1.7%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/287df41b5e628663917756f460f90dae\" title=\"\" tg-width=\"303\" tg-height=\"795\"/></p><h2 id=\"id_3813175564\">Stocks to Watch</h2><p><strong>Keppel Infrastructure Trust:</strong> It has issued 456.6 million new units at an issue price of S$0.438 apiece on Wednesday, representing the highest end of the price range indicated when it proposed its equity fundraising the day before. The trustee-manager said the placement was about 2.5 times subscribed and will raise about S$200 million. The counter ended flat at S$0.465 on Monday before a trading halt. It will resume trading on Wednesday.</p><p><strong>Wing Tai:</strong> The property developer widened its net loss for the second half ended Jun 30 to S$99.2 million, from S$50 million in the year-ago period. The decline came as Wing Tai’s associated and joint venture companies netted a loss of S$90.9 million for H2, more than double the loss of S$43.8 million previously. Shares of Wing Tai closed 0.8 per cent or S$0.01 lower at S$1.26 on Tuesday, before the announcement.</p><p><strong>Lum Chang:</strong> The construction player swung back into the black with a S$3.7 million net profit for the second half ended Jun 30, compared with a net loss of S$29.3 million in the year-ago period. The bottom line improvement was due to cost savings from the finalisation of accounts with subcontractors and customers for completed construction projects. The counter closed 1.7 per cent or S$0.005 lower at S$0.29 on Tuesday, before the news.</p><h2 id=\"id_3059161784\">SG Local News</h2><p><strong>OCBC moves to recover over S$6 million owed on mortgages for assets linked to money laundering case</strong></p><p>OCBC has filed several claims in the High Court seeking over S$6 million from three foreign nationals who are possibly linked to the S$3 billion money laundering case.</p><p>In court documents seen by The Business Times, claims were initiated against Xu Haika and Wu Yamei, who had purchased two three-bedroom units on the 43rd floor of South Beach Residences.</p><p><strong>New listings, liquidity, regulatory framework, governance among priorities for MAS review of equities market</strong></p><p>The Monetary Authority of Singapore’s (MAS) new review group has identified priority areas for two workstreams amid its ongoing review of local equity markets.</p><p>Called the Equities Market Review Group, the panel was set up earlier this month to recommend measures to aid in the development of equities in Singapore.</p><p>It is chaired by Second Minister for Finance and MAS board member Chee Hong Tat, and includes private-sector stakeholders and public-sector representatives.</p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数","W05.SI":"永泰控股","L19.SI":"林増控股","A7RU.SI":"吉宝基础设施信托"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131569367","content_text":"Market SnapshotSingapore stocks opened lower on Wednesday. STI fell 0.2%, SingPost rose 1%, ThaiBev rose 2%, KIT fell 4.3%, Lum Chang rose 1.7%.Stocks to WatchKeppel Infrastructure Trust: It has issued 456.6 million new units at an issue price of S$0.438 apiece on Wednesday, representing the highest end of the price range indicated when it proposed its equity fundraising the day before. The trustee-manager said the placement was about 2.5 times subscribed and will raise about S$200 million. The counter ended flat at S$0.465 on Monday before a trading halt. It will resume trading on Wednesday.Wing Tai: The property developer widened its net loss for the second half ended Jun 30 to S$99.2 million, from S$50 million in the year-ago period. The decline came as Wing Tai’s associated and joint venture companies netted a loss of S$90.9 million for H2, more than double the loss of S$43.8 million previously. Shares of Wing Tai closed 0.8 per cent or S$0.01 lower at S$1.26 on Tuesday, before the announcement.Lum Chang: The construction player swung back into the black with a S$3.7 million net profit for the second half ended Jun 30, compared with a net loss of S$29.3 million in the year-ago period. The bottom line improvement was due to cost savings from the finalisation of accounts with subcontractors and customers for completed construction projects. The counter closed 1.7 per cent or S$0.005 lower at S$0.29 on Tuesday, before the news.SG Local NewsOCBC moves to recover over S$6 million owed on mortgages for assets linked to money laundering caseOCBC has filed several claims in the High Court seeking over S$6 million from three foreign nationals who are possibly linked to the S$3 billion money laundering case.In court documents seen by The Business Times, claims were initiated against Xu Haika and Wu Yamei, who had purchased two three-bedroom units on the 43rd floor of South Beach Residences.New listings, liquidity, regulatory framework, governance among priorities for MAS review of equities marketThe Monetary Authority of Singapore’s (MAS) new review group has identified priority areas for two workstreams amid its ongoing review of local equity markets.Called the Equities Market Review Group, the panel was set up earlier this month to recommend measures to aid in the development of equities in Singapore.It is chaired by Second Minister for Finance and MAS board member Chee Hong Tat, and includes private-sector stakeholders and public-sector representatives.","news_type":1},"isVote":1,"tweetType":1,"viewCount":51,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
