Stocks to watch: Cordlife, Seatrium, First Reit, CICT, KIT, Keppel Pacific Oak US Reit

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Oct 28):

Cordlife : The cord-blood bank said on Monday it had submitted its response to the Ministry of Health within the 14-days extension granted to the group to reply to the ministry’s plan to suspend the company’s cord-blood banking services for a year. Cordlife initially said it would have to assess its ability to continue operations. Shares of Cordlife ended Monday unchanged at S$0.148.

Seatrium : The group on Tuesday said it clinched S$170 million worth of new repair and upgrade contracts, comprising major cruise, leisure and naval vessel projects. The works for the projects are set to be completed by the first quarter of 2026. The counter ended Monday at S$2.20, up 0.9 per cent or S$0.02.