Stocks to watch: ComfortDelGro, Keppel DC Reit, Food Empire, Straco, Hatten Land

THE following companies saw new developments that may affect trading of their securities on Tuesday (Feb 13):

ComfortDelGro : The group on Tuesday said its wholly owned subsidiary acquired CMAC Group, a UK-based ground transport management and accommodation network specialist, for £80.2 million (S$135.4 million). Shares of ComfortDelGro closed 0.7 per cent or S$0.01 lower at S$1.40 on Feb 9.

Keppel DC Reit : The real estate investment trust’s (Reit) data centre manager will receive S$13.3 million from DXC Technology Services by April 2024. Both parties had reached a “commercial and amicable resolution” to a payment dispute that emerged in March 2022, the Reit’s manager said on Tuesday. Assuming the Reit received the settlement amount in 2023, its distribution per unit for FY2023 would have increased by about 7 per cent. Its counter closed flat at S$1.71 on Feb 9.