Stocks to watch: Hatten Land, Oceanus, UOB, Keppel Reit, FSL Trust

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

Hatten Land: PH0 The property developer on Wednesday said it has signed an agreement with Frontier Digital Asset Management to share proceeds from jointly operating at least 1,000 cryptocurrency mining rigs within the group's properties in Malaysia. The rigs, to be installed from the fourth quarter this year, will leverage existing Hatten Land's retail mall space in Melaka. Shares of Hatten Land closed up 0.6 cent or 10.9 per cent at 6.1 cents on Tuesday.

Oceanus Group: 579 The abalone producer on Wednesday said it has exited the Singapore Exchange's watch list. The group had provided audited financial statements of its subsidiary Season Global Trading as well as its own consolidated profit and loss statement as at end-June as part of its exit application. Oceanus was first placed on the list on Dec 14, 2015. Its counter closed flat at 3.4 Singapore cents on Tuesday.

UOB: U11 The bank on Wednesday said it will invest S$500 million to boost digital capabilities across Asean, as it aims to "more than double" digital retail customers by 2026 - to over seven million across the region. Shares of UOB closed down S$0.15 or 0.6 per cent at S$25.63 on Tuesday.

Keppel Reit: K71U Industry veteran Koh Wee Lih, the outgoing executive director and chief executive officer (CEO) of the manager of Aims Apac Real Estate Investment Trust (Reit), will be joining the manager of Keppel Reit as its CEO from Dec 1. Units of Keppel Reit closed flat at S$1.05 on Tuesday, before the announcement. Units of AA Reit closed down S$0.01 or 0.7 per cent at S$1.42.

First Ship Lease Trust (FSL Trust): D8DU A wholly-owned subsidiary of the trust has entered into a memorandum of agreement to sell a chemical tanker, FSL London, to an unaffiliated third party, and has received the initial 10 per cent deposit in escrow, its trustee-manager said on Tuesday. Units of FSL Trust closed 1.3 per cent or 0.1 Singapore cent higher at 8.1 cents on Tuesday, before the announcement.

Ezion Holdings: 5ME The struggling offshore and marine company on Tuesday said it reversed out of the red with net profit of US$6.4 million for the half-year ended June 30, compared to a net loss of US$238.1 million. Revenue, however, fell 54 per cent to US$6.8 million in H1, from US$14.6 million a year ago, mainly due to the divestment of two liftboats during the period. Shares of Ezion closed flat at 4.3 Singapore cents on Tuesday, before the announcement.

Trading halt: Metech International V3M on Wednesday morning requested a trading halt, pending the release of an announcement. Shares of Metech International closed at 23 Singapore cents on Tuesday, up 0.5 cent or 2.2 per cent.