THE following companies saw new developments that may affect trading of their securities on Tuesday (Apr 5):
Chip Eng Seng is planning to acquire a minority stake in a property located at 8 Shenton Way for S$2.1 million.
Lendlease Reit this year saw strong demand from investors, being subscribed 5.3 times, with orders exceeding S$780 million.
CROMWELL European Reit issued some 1.3 million new units at an issue price of 2.2409 euros per unit last Thursday (Mar 31), bringing up the number of issued units to 562.4 million.
CDW Holding's wholly owned unit Tomoike Industrial will buy back shares representing 23.1 percent of South Korean life sciences firm A Biotech Co (ABio) from the son of its controlling shareholder for 1.84 billion won (S$2.1 million).
WING Tai Holdings' Malaysian subsidiary has sold its property at 166A Rifle Range Road in Penang for RM17.5 million (S$5.6 million).The aggregate consideration for the disposal of the property, which comprises a leasehold land and a 5-storey factory building, is higher than RM13.7 million net book value as at Monday (Apr 4)