You are here

Stocks to watch: UOL, UOB, CapitaLand Retail China Trust, Ascendas India Trust, CDLHT

THE following companies saw new developments that may affect trading of their shares on Wednesday:

UOL Group, United Overseas Bank (UOB): UOL has obtained its first green loan - a S$120 million three-year term facility from UOB. Proceeds will be used to partially finance the redevelopment of Pan Pacific Orchard. On Tuesday, UOL shares closed down S$0.02 or 0.3 per cent to S$6.62, while UOB shares closed down S$0.11 or 0.5 per cent to S$20.11.


CapitaLand Retail China Trust (CRCT): CRCT on Wednesday posted a distribution per unit (DPU) of 3.02 Singapore cents for the half year ended June 30, down 41.4 per cent from the year-ago DPU of 5.13 cents, after capital distribution. Units in CRCT closed at S$1.23 on Tuesday, down S$0.03 or 2.4 per cent.


Ascendas India Trust (a-iTrust): a-iTrust on Tuesday reported a higher DPU of 4.64 Singapore cents for its first half ended June 30, compared to 3.75 cents paid out a year ago. Units in a-iTrust closed at S$1.33 on Tuesday, up S$0.04 or 3.1 per cent, before its results release.


CDL Hospitality Trusts (CDLHT): CDLHT distribution per stapled security (DPS) sank 63.7 per cent to 1.51 Singapore cents for the six months ended June 30, from 4.16 Singapore cents a year ago. Stapled securities of CDLHT ended Tuesday at 98.5 Singapore cents, down 0.5 cent or 0.5 per cent.

Your feedback is important to us

Tell us what you think. Email us at btuserfeedback@sph.com.sg


Starhill Global Real Estate Investment Trust (Starhill Global Reit): Starhill Global Reit on Tuesday posted a DPU of 0.7 Singapore cent for its second half ended June 30, down from the 2.2 cents paid out a year ago. The counter closed at 47.5 Singapore cents on Tuesday, up 0.5 cent or 1.1 per cent, before its results announcement.


StarHub, Singapore Telecommunications (Singtel): One opportunity for local telcos is coming from the growing prevalence of embedded SIM cards, The Business Times wrote on Wednesday. StarHub shares ended at S$1.25, down S$0.04 or 3.1 per cent on Tuesday, while Singtel shares closed at S$2.51, up S$0.01 or 0.4 per cent.


HC Surgical Specialists: HC Surgical posted a 73.6 per cent decline in net profit to S$1.3 million for the six months ended May 31, from S$5 million a year ago. Shares of HC Surgical tumbled 3.5 Singapore cents or 10.5 per cent to close at 30 cents on Tuesday, before the results were released.


Sunmoon Food Company: Sunmoon on Tuesday posted a net loss of S$4.3 million for its fiscal year ended March 31, similar to net losses a year ago. Shares of Sunmoon closed at 5.2 Singapore cents on Tuesday, down 0.1 cent or 1.9 per cent, before its results announcement.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes