Stocks to watch: CICT, Frasers Property, CLI, YZJ Maritime, Singapore Land, Ambiq Micro, Digital Core Reit, MetaOptics

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Aug 12):

CapitaLand Integrated Commercial Trust (CICT) : The trust on Wednesday posted a distribution per unit (DPU) of S$0.0602 for its first half ended Jun 30, up 7.1 per cent year-on-year. The DPU growth was supported by stronger operating performance and lower interest expenses, and achieved despite an enlarged unit base following a private placement in April. Distributable income for H1 grew 13.3 per cent to S$466.7 million, while net property income rose 8.7 per cent to S$630.5 million. Units of CICT rose 2 per cent to close S$0.05 higher at S$2.51 on Tuesday.

Frasers Property : The company will ask shareholders to approve a proposed optimisation of Frasers Hospitality Trust’s portfolio at an extraordinary general meeting on Aug 28. It is part of the group’s plan to unlock capital from stabilised assets while fine-tuning its hospitality strategy. Frasers Property’s business update also noted that its unrecognised residential revenue across Singapore, Australia, Thailand and China stood at about S$1 billion as at end-June, down from S$1.4 billion a year prior. Shares of Frasers Property ended flat at S$1.05 before the news.

CapitaLand Investment (CLI) : Banking veteran Hsieh Fu Hua has been appointed deputy chairman and non-executive independent director of the company, effective Wednesday. The 75-year-old will also serve as a member of CLI’s executive and sustainability, executive resource and compensation, and nominating committees. The board will have 12 directors after Hsieh’s appointment, nine of whom are independent. CLI shares closed up 1.1 per cent or S$0.03 at S$2.72 before the news.

Yangzijiang Maritime : The group on Tuesday reported a 29 per cent dip in net profit to US$44.9 million for the first half ended Jun 30, 2026, from US$63.5 million in the year-ago period. Earnings were dragged by higher operating expenses associated with expanding its maritime fund assets, as well as foreign exchange losses. The counter ended at S$0.645, up 4 per cent or S$0.025, before the release of the results.

Singapore Land Group : The property developer on Tuesday posted a net profit of S$211.7 million for the first half ended Jun 30, a jump of 90 per cent from S$111.4 million in the same year-ago period. This was due to higher fair value gains on investment properties and stronger contributions from associates. Revenue for H1 was up 2 per cent at S$376.8 million, compared with S$368.3 million a year before. The group’s shares ended 0.6 per cent or S$0.02 down at S$3.45 on Tuesday prior to the release of the results.

Ambiq Micro : The newly-secondary listed American semiconductor company narrowed its second-quarter net loss by 16.3 per cent to US$7.1 million, fuelled by a nearly 90 per cent surge in revenue as customers adopted its newer, higher-priced edge AI chips. Despite the quarterly improvement, the company’s first-half net loss widened slightly to US$17.3 million due to heavy research investments, even as six-month sales jumped 75.5 per cent. Shares of Ambiq Micro closed flat on Tuesday at S$80.68.

Digital Core Reit : The pure-play data centre real estate investment trust (Reit) on Wednesday announced plans to divest partial interests in three North American assets for US$315.9 million. The Reit will make its Singapore entry by acquiring a 2.5 per cent interest in Digital Loyang 2 for S$87.4 million. It will also expand in Osaka by acquiring an additional 25 per cent interest in the freehold Osaka Data Centre (Digital Osaka 3) for 17.6 billion yen (about US$108.5 million). Units of Digital Core Reit closed flat at US$0.475 on Tuesday, before it called for a trading halt.

MetaOptics : The Catalist-listed group’s revenue for the six months ended Jun 30 stood at S$600,000 – up close to six times from the year prior, and equivalent to about 79 per cent of its entire revenue for the previous full year. The company generated S$800,000 in the whole of FY2025. The company said its planned deliveries for H2 this year are on track, offering revenue visibility into the financial year ending Dec 31, 2027. Shares of MetaOptics were 10.4 per cent or S$0.055 down at S$0.48 on Tuesday, before the news.