Stocks to watch: Frasers Property, Del Monte, Oxley, Aspen, Lian Beng

THE following companies saw new developments that may affect trading of their securities on Friday (Sep 9):

Frasers Property : The property developer has priced up to S$420 million of its 5-year green notes at 4.49 per cent. The public offer tranche of up to S$300 million, which represents about 71.4 per cent of the initial offer size, opens from 9 am on Friday and will close at noon, Sep 14. It represents Singapore’s first corporate green retail notes issuance, according to Frasers Property. The counter ended Thursday S$0.02 or 1.9 per cent higher at S$1.08, before the news.

Del Monte Pacific : The food and beverage distributor on Thursday (Sep 8) posted a net loss of US$30.5 million for the first quarter ended Jul 31, compared to a net profit of US$18.3 million a year ago, after a one-off US$71.9 million expense for the redemption of notes. Its Q1 revenue dipped 1.2 per cent to US$456.6 million due to lower revenue in the Philippines despite better performance in the US and international markets. The counter closed flat at S$0.34 on Thursday.