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.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
US-China rivalry and the Kindleberger Trap: Why inaction – not escalation – is the biggest risk
PayPal plans job cuts as its new CEO pursues turnaround strategy