Stocks to watch: ESR-Reit, First Reit, Keppel Infra Trust, Sunningdale, ARA Logos, Oxley

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

Fu Yu founders retire, sell 29.8% stake in company for S$58.3m

THE co-founders of Fu Yu Corp have sold a 29.8 per cent stake, amounting to 224.4 million shares in the company, for S$58.3 million to local fund management firm Pilgrim Partners Asia.

OUE C-Reit divests 50% of OUE Bayfront to Allianz entity

THE manager of OUE Commercial Real Estate Investment Trust (OUE C-Reit) said it is divesting a 50 per cent stake in the Reit's OUE Bayfront property based on an agreed value of S$1.27 billion, or S$3,170 per square foot, to a special purpose vehicle (SPV) managed by Allianz Real Estate.

Fu Yu founders retire, sell 29.8% stake in company for S$58.3m

THE co-founders of Fu Yu Corp have sold a 29.8 per cent stake, amounting to 224.4 million shares in the company, for S$58.3 million to local fund management firm Pilgrim Partners Asia.

OUE C-Reit seals S$1.27b deal with Allianz entity to divest 50% of OUE Bayfront

THE manager of OUE Commercial Real Estate Investment Trust (OUE C-Reit) has agreed to divest a 50 per cent stake in the Reit's OUE Bayfront property based on an agreed value of S$1.27 billion, or S$3,170 per square foot, to a special purpose vehicle (SPV) managed by Allianz Real Estate.

Mount Emily residential block relaunched for sale with lower S$18m guide price

A FREEHOLD residential block located at 2, 4 and 6 Mount Emily Road has been relaunched for collective sale by tender by Edmund Tie & Company with a guide price of S$18 million.

Singapore office rents may dip by 5% this year as WFH continues: Knight Frank

PROPERTY consultancy Knight Frank is expecting office rents in Singapore to fall by around 5 per cent in 2021 before bottoming out and recovering in the following year, barring new strains of the Covid-19 virus and consequent lockdowns.

Singapore office rents may dip by 5% this year as WFH trends continue: Knight Frank

PROPERTY consultancy Knight Frank is expecting office rents in Singapore to fall by around 5 per cent in 2021 before bottoming out and recovering in the following year, barring new strains of the Covid-19 virus and consequent lockdowns.

Mount Emily residential block relaunched for sale with lower S$18m guide price

A FREEHOLD residential block located at 2, 4 and 6 Mount Emily Road has been relaunched for collective sale by tender by Edmund Tie & Company with a guide price of S$18 million, down 25 per cent from the S$24 million guide price during its initial launch in June 2020.

Stocks to watch: Boustead, Sembcorp, OUE Lippo Healthcare, ART, Q&M

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

First Reit FY2020 DPU falls 51.7% to 4.15 Singapore cents

FIRST Reit on Thursday night reported a distribution per unit (DPU) of 4.15 Singapore cents for FY2020, down 51.7 per cent from its FY2019 DPU of 8.6 cents.

HOT STOCK

iFast cites contract bids, news and industry reports in response to SGX queries on share price surge

THE share price of wealth management platform iFast Corp burst out of the blocks on Friday, which drew another query from the Singapore Exchange (SGX) over the "unusual price movements".

iFast responds to SGX query, cites contract bids, news and industry reports

IFAST has responded to the Singapore Exchange's (SGX) earlier query on its share price movements, saying it has participated in the bidding of projects, including "certain ones in Hong Kong" which may have a material positive impact on its business should they prove successful.

Hot stock: iFast surges more than 5.5%, prompting SGX query

SHARES of wealth management platform iFast Corp surged S$0.24 or 5.5 per cent to S$4.59 as at 9.45am on Friday, which resulted in the Singapore Exchange (SGX) issuing a query on the "unusual price movements".

Singapore stocks open lower on Friday; STI down 0.2%

SINGAPORE shares dipped at the opening bell on Friday, pulling back slightly from Thursday's close at 3,000 points, a record high since March last year.

First Reit FY2020 DPU down 51.7% to 4.15 S cents

FIRST Reit on Thursday night reported a distribution per unit (DPU) of 4.15 Singapore cents for FY2020, down 51.7 per cent from its FY2019 DPU of 8.6 cents.

Courts Singapore taking up Robinsons' former Heeren space

COURTS Singapore on Thursday revealed plans to open a new flagship store spanning six storeys of The Heeren's retail podium.

Courts Singapore to open new flagship store at The Heeren in place of Robinsons

COURTS Singapore on Thursday revealed plans to open a new flagship store spanning six storeys of The Heeren's retail podium formerly occupied by Robinsons.

LTA awards S$34.3m civil contract for Hume station on Downtown Line

SINGAPORE'S Land Transport Authority (LTA) has awarded a S$34.3 million civil contract to private construction firm JSM Construction Group for the upcoming Hume station on the Downtown Line.

Stocks to watch: SPH Reit, HC Surgical, Aspen, GL, GKE Corp, Keppel DC Reit

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

Aspen says glovemaking unit secured US$100m in sales for 2021

ASPEN Holdings on Wednesday said its newly-established glovemaking venture has agreed to produce US$100 million worth of medical grade examination gloves for an unnamed third-party distributor.

HDB rolls out one-stop portal that lists new flats up for sale

THE Housing and Development Board (HDB) has launched a new portal to make it easier to buy and sell HDB flats.

Aspen's glovemaking unit secures US$100m in sales for 2021

ASPEN Holdings on Wednesday said its newly-established glovemaking venture has agreed to produce US$100 million worth of medical grade examination gloves for an unnamed third-party distributor.

HDB rolls out one-stop portal that lists new flats up for sale

THE Housing and Development Board (HDB) has launched a new portal to make it easier to buy and sell HDB flats.

Stocks to watch: Sunpower, Grand Venture, Tee International, Spackman, Memories

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