Stocks to watch: Keppel, AEM, UG Healthcare, Pan-United, Japfa

THE following companies saw new developments that may affect trading of their securities Monday (Oct 17):

Keppel Corporation : Its subsidiary Keppel Offshore & Marine has completed modification works on four rigs, which will be deployed on charters in Saudi Arabia in October, it announced Friday. The rigs will yield total charter revenue of about S$250 million over three to five years. The counter closed 1.2 per cent or S$0.08 lower at S$6.68, before the news.

AEM Holdings : The semiconductor equipment maker announced on Friday that it has raised its revenue guidance for the full year ending Dec 31 to between S$820 million and S$850 million. This is up from its previous FY2022 revenue guidance of between S$750 million and S$800 million. AEM shares closed 2.2 per cent or S$0.07 lower at S$3.18, prior to the announcement.