Stocks to watch: CDL, LHN, Dasin Retail Trust, Clearbridge Health, Biolidics, NauticAWT
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Michelle Zhu
THE following companies saw new developments that may affect trading of their securities on Friday (Nov 24):
City Developments Limited (CDL): The property group and its joint-venture associates posted higher third-quarter sales of S$325 million, from S$281 million in the year-ago period. This came on the back of sales from its 408-unit residential development The Myst, for which the group sold 169 units since the project’s launch in July. Shares of CDL closed down 1.1 per cent or S$0.07 at S$6.21 on Thursday, before the update was released.
LHN Group : The Catalist-listed company on Thursday announced its transfer to the Singapore Exchange’s mainboard on Dec 13, with trading in its shares to commence at 9 am that day. LHN deems the move as beneficial to the company’s image, both locally and abroad. The counter closed unchanged at S$0.34 before the news.
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