Corporate digest

SPH Reit

THE management of SPH's real estate investment trust, SPH Reit, on Wednesday said that it has appointed Hoo Sheau Farn as an independent non-executive director to its board. The appointment took effect on Wednesday. Ms Hoo, 52, is a partner at Allen & Gledhill.

Nam Cheong

OFFSHORE support firm Nam Cheong has raised S$22 million from its proposed one-for-one renounceable rights issue, it said on Wednesday, with the total valid acceptances for the rights issue at 75.04 per cent. The firm had expected to rais…