Stocks to watch: SIA, ComfortDelGro, Lendlease, ST Engineering, Venture Corp, AEM, Metech International
THE following companies saw new developments that may affect trading of their securities on Monday (Nov 7):
Singapore Airlines : C6L 0% (SIA): The airline posted record operating profits of S$678 million for its second quarter ending Sep 30, up 21.9 per cent from S$556 million in the previous quarter. SIA also announced the resumption of dividend payments, with an interim dividend of S$0.10 per share to be paid in December. Shares of SIA closed at 1.3 per cent or S$0.07 higher at S$5.34 on Friday, before the news.
ComfortDelGro : C52 0% (CDG): The transport operator has secured three metropolitan bus contracts in Sydney with a total value of A$1.7 billion (S$1.5 billion). In a press statement on Monday, CDG said the contracts make up a significant part of the city’s public transport network, as it covers regions that are home to over 700 buses transporting 18 million passengers each year. Its shares ended Friday unchanged at S$1.32.
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