THE following companies saw new developments that may affect trading of their securities on Friday (Feb 2):

CapitaLand Ascendas Reit : A17U 0% (Clar): Its distribution per unit (DPU) fell 6.1 per cent year on year to 7.441 Singapore cents for the six months ended Dec 31, 2023. The decline came even as the Reit’s H2 gross revenue rose 11 per cent to S$761.7 million, and net property income (NPI) was up 4.6 per cent to S$514.3 million, said the Reit’s manager on Thursday. Clar ended at S$2.84, down S$0.08 or 2.7 per cent, before the announcement.

CapitaLand Ascott Trust : HMN 0% (Clas): The stapled group is divesting Citadines Mount Sophia Singapore for S$148 million, which is 19.4 per cent above the 154-unit serviced residence’s book value as at end-2023. On Friday, its managers said they expect to book net proceeds of about S$138.6 million and a net gain of S$14.6 million from the divestment, which is expected to be completed in Q12024. Stapled securities of Clas ended Thursday flat at S$0.96. DBS : D05 0%: The bank will merge its equity capital markets, brokerage DBS Vickers and DBS Digital Exchange with its treasury markets business from Mar 1, it said on Friday. The organisational changes come in tandem with the retirement of Eng-Kwok Seat Moey, DBS’ group head of capital markets, who is stepping down after 36 years with the bank. Shares of DBS closed 1.2 per cent or S$0.05 lower at S$31.83 on Thursday.