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Stocks to watch: Hyflux, CapitaLand, Singtel

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THE following listed companies made material announcements before the Singapore market opened on Wednesday:

Hyflux: Water treatment specialist Hyflux said on Wednesday that its subsidiary Qurayyat Desalination SAOC has achieved financial close for the non-recourse project financing of Qurayyat Independent Water Project (IWP) in the Sultanate of Oman.

CapitaLand: Real estate group CapitaLand announced on Wednesday the setting up of a venture fund, C31 Ventures, to tap global tech startups as part of its ongoing effort to innovate and build real estate of the future.

Singtel: Home-grown telco Singtel will be extending its reach far beyond Singapore to four continents and 325 cities around the globe, as it teams up with associate Bharti Airtel to merge their Point of Presence (POP) resources into a unified network.