Stocks to watch: CDLHT, Sabana Reit, CapitaLand Ascott Trust, Keppel Corp, Keppel Reit

THE following companies saw new developments that may affect trading of their securities on Monday (Jan 30):

CDL Hospitality Trusts (CDLHT): Its distribution per stapled security (DPS) rose 17.3 per cent to S$0.0359 for the second half of 2022 ended December, compared with S$0.0306 a year ago. The stapled group on Monday said it saw positive momentum in rate growth across all its portfolio markets due to continued global travel recovery during the half-year period. Stapled securities of CDLHT rose 0.8 per cent or S$0.01 to close at S$1.35 on Friday. Sabana Industrial Real Estate Investment Trust (Sabana Reit): It has posted a distribution per unit (DPU) of 1.46 Singapore cents for the half-year ended Dec 31, 2022, down 7 per cent from a year ago despite higher gross revenue and steady net property income. Its manager on Monday attributed the lower DPU to higher interest expenses. Units of the Reit ended Friday unchanged at S$0.45.

CapitaLand Ascott Trust (Clas): Its manager on Monday reported DPS of S$0.03 for the second half-year ended Dec 31, 2022 after adjusting for one-off items. The strong performance was attributed to higher portfolio revenue per available unit growth and accretive acquisitions. Stapled securities of Clas closed at S$1.07, down 0.9 per cent or S$0.010 on Friday.