Stocks to watch: ComfortDelGro, Emperador, GYP Properties

THE following companies saw new developments that may affect trading of their securities on Friday (Sep 2): 

ComfortDelGro , Emperador : ComfortDelGro has been dropped from the Straits Times Index and replaced by recently-listed Emperador on the benchmark index. The change will take effect at the start of business on Sep 19, FTSE Russell said in a statement on Thursday. Shares of ComfortDelGro were trading down 0.7 per cent or S$0.01 at S$1.40, while Emperador closed flat at S$0.50.

GYP Properties: On Thursday, the voluntary cash offer made by Rumah & Co to take the real estate developer private was raised to S$0.188 per share, up from S$0.168 per share as announced initially on Jul 8. Shares of GYP Properties ended Thursday S$0.006 or 3.3 per cent higher at S$0.188.