Stocks to watch: CICT, MPACT, Sembmarine, Keppel DC Reit, CSE Global

THE following companies saw new developments that may affect trading of their securities on Wednesday (Feb 1):

CapitaLand Integrated Commercial Trust (CICT): Its distribution per unit (DPU) for H2 FY2022 rose 2.7 per cent year on year to S$0.0536, announced the manager on Wednesday. The trust’s top-line growth for the half year period was driven mainly by recent acquisitions and higher rental income from most of its Singapore assets. Units of CICT closed 0.5 per cent lower or S$0.01 at S$2.14 on Tuesday.

Mapletree Pan Asia Commercial Trust (MPACT): The trust’s DPU remained the same as last year’s, at S$0.0242 for the third quarter ended Dec 31, 2022. This was due to higher finance costs, its manager said in a bourse filing on Tuesday. Units of MPACT closed at S$1.82, down 0.6 per cent or S$0.01, before the results release.