THE following companies saw new developments that may affect trading of their securities on Tuesday (Dec 13):
CapitaLand India Trust (CY6U): CapitaLand India Trust (CLINT), through its subsidiary Minerva Veritas Data Centre Private Limited, is acquiring a 4.01-acre freehold site in Ambattur, Chennai, to develop its third data centre in India.
The REIT’s trustee-manager will invest an estimated total of INR19.4 billion ($328.8 million) to acquire the site and develop a greenfield data centre project in phases over the next four to five years.
The land is expected to be acquired by December for a consideration of INR832.8 million.
Singapore Airlines (C6L): Singapore Airlines (SIA) will adjust the conversion price of its 1.625 per cent convertible bonds due 2025, from S$5.743 to S$5.6309, the company announced in a Monday (Dec 12) bourse filing.
The national carrier will also adjust the conversion price of its zero-coupon mandatory convertible bonds (MCBs) due 2030, from S$4.84 to S$4.7453.
Both adjustments account for the interim dividend of S$0.10 per share that the company announced last month for the half year ended Sep 30. The adjusted conversion prices will take effect from Dec 13.
Soilbuild (S7P): Soilbuild Construction Group : S7P 0%has clinched S$140.4 million in new contracts, bringing its total order book to S$492.7 million as at end-October, the company announced in a Monday (Dec 12) bourse filing.
The company’s S$492.7 million order book comprises S$384.6 million in construction projects and S$108.1 million in precast supply and delivery projects.
SB Procurement, a wholly-owned unit of Soilbuild, has been awarded a contract by the Housing and Development Board for building works at Toa Payoh Neighbourhood 1. The project involves two residential blocks, a multi-storey carpark and a community club. It is scheduled to start in Q4 this year and is set to be completed by Q2 of 2027.