Stocks to watch: Cromwell E-Reit, Aztech Global, Hong Leong Asia
Daphne Yow
THE following companies saw new developments that may affect trading of their securities on Monday (Jul 24).
Cromwell European Real Estate Investment Trust (Cromwell E-Reit): The Reit’s portfolio valuation for the half year ended June 2023 fell a further 1.6 per cent to about 2.3 billion euros (S$3.4 billion). On Monday, its manager said it was “pleasing to note” that the decline was “modest” compared with December 2022 levels. Units of Cromwell E-Reit ended Friday down one euro cent, or 0.6 per cent at 1.57 euros.
Aztech Global : The technology company posted a 0.2 per cent increase in net profit to S$42.9 million for the first half ended Jun 30, 2023, from S$42.8 million for the same period the year before. Shares of Aztech Global closed up 0.7 per cent or S$0.005 at S$0.70 on Friday, before the announcement.
Hong Leong Asia : The industrial conglomerate on Friday opened a 3.8-hectare precast facility in Punggol that will boost local production of its building materials, in a joint venture with Sunway Construction Group. The counter closed down 1.6 per cent or S$0.01 at S$0.605, before the news.
Trading halt: CapAllianz called for a trading halt on Monday morning, pending the release of an announcement. Its shares closed down 50 per cent or S$0.001 at S$0.001 on Friday.
