Stocks to watch: Singapore Airlines, QAF, UOB, DBS

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

Singapore Airlines (SIA): C6L The flag carrier on Thursday said that it has exhausted the S$8.8 billion in gross proceeds raised from its rights issue in June last year, with the last S$0.6 billion having been used for aircraft and aircraft-related payments between July 1 and Sept 1. Shares of SIA closed on Thursday at S$4.92, up 1.2 per cent or S$0.06, before the announcement.

QAF: Q01 The mainboard-listed company said on Thursday that Australia's competition regulator has raised concerns over Brazilian animal protein giant JBS' proposed acquisition of pork processing plant Rivalea Holdings, a QAF subsidiary. QAF shares will resume trading on Friday, after it called for a trading halt on Thursday morning prior to the announcement. Its shares closed flat at 90.5 Singapore cents on Wednesday.

UOB: U11 The bank on Thursday launched an integrated green financing solution for electric vehicle businesses and end-users, which provides green banking facilities including trade financing, dealer stock financing, as well as UOB's Green Hire Purchase Loan and Go Green Car Loan products. Shares of UOB closed down $0.04 or 0.2 per cent at S$25.56, after the announcement.

DBS: D05 DBS Private Bank on Thursday said its client assets under management for its inhouse-managed investment products more than doubled to S$10 billion over the past year alone, driven by "buoyant client confidence" in the banks' investment views. Shares of DBS closed up S$0.01 or 0.03 per cent at S$30.08, after the announcement.