[Miser] [What] [Cool] [Cry]-To The Moon - Tiger Brokers Online Investing Community - To The Moon

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2022-04-13

[Miser] [What] [Cool] [Cry]

Singapore Stocks to Watch: Singtel, Keppel, TeleChoice, ESR-Reit, ALog Trust, Hatten Land

THE following companies saw new developments that may affect trading of their securities on Wednesda

Singapore Stocks to Watch: Singtel, Keppel, TeleChoice, ESR-Reit, ALog Trust, Hatten Land

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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Stocks to Watch: Singtel, Keppel, TeleChoice, ESR-Reit, ALog Trust, Hatten Land\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-04-13 08:50</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>THE following companies saw new developments that may affect trading of their securities on Wednesday (Apr 13):</p><p>Mainboard-listed <b>Singtel</b> and a unit of the subsidiary of <b>Keppel Corporation</b> will each divest their respective 50 per cent stakes in Radiance Communications to a subsidiary of <b>Telechoice International</b>, another mainboard-listed player.</p><p>Each seller will pocket S$625,000 from the sale.</p><p>Before the divestment, Radiance Communications will distribute dividends and return capital of about S$2 million each to Singtel and Keppel Communications, the KepCorp unit involved in the sale.</p><p>The total proceeds will hence be about S$2.6 million for each seller. However, the divestment that will end Radiance Communications&#39; status as an associate is not expected to have a material impact on the net tangible assets or earnings per share of KepCorp, it stated in its regulatory filing on Tuesday (Apr 12).</p><p>THE transfer books and the registers of <b>ESR-Reit</b> unitholders and <b>Ara Logos Logistics Trust</b> unitholders will be closed at 5pm on Apr 21 to determine the entitlements of these unitholders to their respective clean-up distributions for the period from Jan 1 up to a day before the effective date of their merger.</p><p>ESR Funds Management, in its regulatory filing as ESR-Reit&#39;s manager on Tuesday (Apr 12), provided an indicative timeline on events taking place till the merger becomes effective.</p><p>ESR said that the court-sanctioned scheme for the merger of the 2 real estate investment trusts (Reits) is expected to be effective on Apr 22, with the court hearing scheduled to take place on Apr 18.</p><p><b>Hatten Land</b> said on Wednesday (Apr 13) that it will be rebranding Elements Mall in Melaka, Malaysia into an e-sports hub.</p><p>To fund this new business strategy, the property developer said in a bourse filing that it will be raising S$5 million by issuing close to 122 million new shares, at S$0.041 per share.</p><p>This issue price is an 8.89 per cent discount to Hatten Land&#39;s last closing price of S$0.045 on Apr 8, which was the last day its shares were being traded before a trading halt was requested on Apr 11.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BN4.SI":"吉宝有限公司","Z74.SI":"新电信","J91U.SI":"ESR-REIT","STI.SI":"富时新加坡海峡指数","T41.SI":"超讯电信","PH0.SI":"VGO企业"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105513778","content_text":"THE following companies saw new developments that may affect trading of their securities on Wednesday (Apr 13):Mainboard-listed Singtel and a unit of the subsidiary of Keppel Corporation will each divest their respective 50 per cent stakes in Radiance Communications to a subsidiary of Telechoice International, another mainboard-listed player.Each seller will pocket S$625,000 from the sale.Before the divestment, Radiance Communications will distribute dividends and return capital of about S$2 million each to Singtel and Keppel Communications, the KepCorp unit involved in the sale.The total proceeds will hence be about S$2.6 million for each seller. 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