Stocks to watch: CICT, Keppel, FLCT, Sabana Reit
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THE following companies saw new developments that may affect trading of their securities on Wednesday (Feb 5).
CapitaLand Integrated Commercial Trust : Its manager on Wednesday posted a distribution per unit of S$0.0545 for the second half ended December, unchanged from the previous corresponding period. This came amid an enlarged unit base due to the distribution reinvestment plan in March last year and an equity fundraising in September. Units of CICT closed flat on Tuesday at S$1.93.
Keppel : It recorded a profit of S$528 million from its continuing operations for the second half ended Dec 31, up 19.9 per cent from S$440 million from the year-earlier period. Its revenue was up 3.9 per cent at S$3.4 billion from S$3.3 billion. For the full-year its profit from its continuing operations stood at S$832 million, down 6 per cent from S$885 million in the previous corresponding period. Shares of Keppel closed down 1.6 per cent or S$0.11 at S$6.63 on Tuesday.
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