• 572
  • 100
  • 3

Singapore Stocks to watch: CapitaLand Investment, SPH, SPH Reit, ALog Trust, Keppel Reit

Tiger Newspress2022-04-04

THE following companies saw new developments that may affect trading of their securities on Monday (Apr 4):

CAPITALAND Development (CLD), the development arm of CapitaLand Group, has won the bids for 2 prime residential sites in China for a total price of 3.5 billion yuan (S$748 million).

AS retail sentiments improve, SPH Real Estate Investment Trust (Reit) on Friday (Apr 1) posted a distribution per unit (DPU) of 1.44 Singapore cents for the fiscal second quarter ended Feb 28, 2022, bringing total distributions for the first half of the year to 2.68 cents.

CUSCADEN Peak's bid to acquire Singapore Press Holdings (SPH) via a scheme of arrangement was sanctioned in court on Friday (Apr 1).The last day of trading for SPH will be Apr 7, before the group's shares are suspended from 9 am the following day and subsequently delisted on May 13.

THE trustee and the property manager of Ara Logos Logistics Trust (ALog Trust)ARA LOGOS Log have received a writ of summons for a claim amounting to about S$8 million, plus interest and costs.

SINGAPORE'S Central Business District (CBD) saw Grade A office rents record the fastest quarterly growth since rents turned around in Q2 2021, according to JLL Singapore in a recent report.Listed on SGX are 5 S-Reits with Singapore office properties in their portfolios. They are, Keppel Reit which is a pure-play office S-Reit, and diversified S-Reits CapitaLand Integrated Commercial Trust (CICT),CapLand IntCom,Suntec Reit, Mapletree Commercial Trust (MCT), Mapletree Com and OUE Commercial Reit (OUE C-Reit).OUE Com  Keppel Reit in FY21 had a tenant retention rate of 62 percent and noted that a majority of new and expansion leases were in Singapore.

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.

Report

Comment100

  • Hayz
    ·2022-04-04
    Yea, just watch.....
    Reply
    Report
  • HeRock
    ·2022-04-04
    buy
    Reply
    Report
  • gni
    ·2022-04-04
    Mixed bag of news... 
    Reply
    Report
  • ThinkOrSwim
    ·2022-04-04
    SG Markets was given 10 years To prove its robustness and strengh. Too bad, it demonstrated utter lacklusture. Off to greener pastures. [Spurting] 
    Reply
    Report
  • Huat1333
    ·2022-04-04
    Supports [Like] [Weak] 
    Reply
    Report
  • Jloong
    ·2022-04-04
     F
    Reply
    Report
  • Looyusooi
    ·2022-04-04
    Ok
    Reply
    Report
  • Ah Deck
    ·2022-04-04
    Up up
    Reply
    Report
  • LEESIMON
    ·2022-04-04
    Capitaland investment & Keppel reit is a good investment
    Reply
    Report
  • Jas12345
    ·2022-04-04
    Thanks 
    Reply
    Report
  • Timtan85
    ·2022-04-04
    Ok like
    Reply
    Report
  • SanWangtikup
    ·2022-04-04
    Ok
    Reply
    Report
  • Ccchia
    ·2022-04-04
    K
    Reply
    Report
  • Tmchoo
    ·2022-04-04
    .
    Reply
    Report
  • Rabbit63
    ·2022-04-04
    Pls like
    Reply
    Report
  • Wan1
    ·2022-04-04
    Gogogo...
    Reply
    Report
  • JY1980
    ·2022-04-04
    Hi
    Reply
    Report
  • Gunners80
    ·2022-04-04
    Nice
    Reply
    Report
  • RedPandahj
    ·2022-04-04
    Thanks 👍
    Reply
    Report
  • FookChia
    ·2022-04-04
    Like pls
    Reply
    Report
 
 
 
 

Most Discussed

 
 
 
 
 

7x24

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email:uservice@ttm.financial