The following company saw new developments that may affect trading of its securities on Wednesday (Jan 3):
The closing date for Amara Holdings’ voluntary unconditional cash offer has been extended from 5.30 pm on Jan 2 to the same time two weeks later on Jan 16, 2024, based on a Tuesday (Jan 2) bourse filing.
Keppel REIT’s freehold boutique office building in Tokyo, KR Ginza II, has achieved full occupancy with the introduction of two new tenants at the start of 2024. On Jan 2, the manager of the REIT announced the new tenants from the technology, media and telecommunications sector at KR Ginza II, bringing the asset to 100% occupancy from 36.3% occupancy at acquisition.
The manager of Keppel Infrastructure Trust (KIT) has announced that the trust has received a $50 million loan facility on Jan 2. The facility agreement includes the caveat that should KIT’s manager cease to be an entity wholly-owned by Keppel Capital Holdings or Keppel Corporation, KIT will be required to pay all outstanding loans.
Alpina Holdings secured new contracts worth a total of $34.2 million in the second half of its FY2023 ended Dec 31. On Jan 2, it announced an update on its new contracts from the last six months, with a majority coming from the public sector.
Tiong Woon Project and Contracting, a wholly-owned subsidiary of Tiong Woon Corporation, has been awarded a contract by Sinohydro Corporation’s Singapore Branch for the provision of crane services for an upcoming project.
