Corporate digest

SPDR Gold Shares

INVESTORS in Singapore can access SPDR Gold Shares in local currency when the exchange-traded fund (ETF) starts trading in a secondary currency on June 30 under the stock code GSD.

ETF, which is backed by physical gold and tracks the price of the yellow metal, first listed in Singapore in 2006 in US dollars under the stock code O87. It was the most traded ETF on the Singapore Exchange in 2020, with a trading volume of S$1.63 billion.

Ley Choon Group Holdings

ACCOUNTING and Corporate Regulatory Authority (Acra) has approved Ley Choon Group Holdings' application for an extension of time to hold its FY2021 annual general meeting by Sept 29 and to lodge its annual return for FY2021 with Acra by Oct 30, Ley Choon said in a filing to the Singapore Exchange on Wednesday.

Mapletree Logistics Trust

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A SALE and purchase agreement relating to the proposed acquisition of a property in Malaysia has lapsed, said Mapletree Logistics Trust (MLT) on Wednesday, adding that the Reit's manager remains keen on the acquisition and will continue to work to get the necessary approvals.

"Given the impact of the Covid-19 situation in Malaysia, it has taken more time than expected for the written approvals to be obtained," said MLT. "The manager will continue to work closely with the vendor as well as the Johor Port Authority and Pelabuhan Tanjung Pelepas to obtain the necessary approvals."