THE following companies saw new developments that may affect trading of their securities on Tuesday (May 10):
ASCENDAS Reit has proposed to acquire 7 logistics properties located across 6 infill industrial submarkets in Chicago, Illinois, United States for S$133.2 million.The proposed deal is expected to increase and diversify the industrial real estate investment trust’s (Reit) exposure to logistics properties in the US and across its portfolio, its manager said on Tuesday (May 10).
THE wholly-owned subsidiaries of Keppel Offshore & Marine (Keppel O&M) have inked agreements for the utilisation of 2 jackup rigs to be deployed in Saudi Arabia.
These bareboat contracts are expected to generate about S$135 million in revenue for Keppel O&M, including modification works to prepare them for deployment, said Keppel Corp in a press statement on Monday (May 9) evening.
ADES Saudi Limited Company will charter the 2 rigs for 5 years, starting in Q4 2022.
A WHOLLY-OWNED subsidiary of Keppel DC Reit trustee Perpetual (Asia), Keppel DC Reit MTN, has priced 75 million euros of fixed rate notes due 2028 at 2.61 per cent per annum.
In a bourse filing on Tuesday (May 10), Keppel DC Reit’s manager said the Series 003 Notes will be issued under the S$2 billion multicurrency debt issuance programme established by Keppel DC Reit MTN.
CSE Global secured S$232.3 million worth of new orders in the fourth quarter ended Dec 31 2022, up 118.8 per cent from a year ago.
This takes its order book to S$344 million as at Q1 2022.