Stocks to watch: DBS, Wilmar, Sheng Siong, Sabana Reit, Cordlife, Soup Holdings

THE following companies saw new developments that may affect trading of their securities on Monday (Apr 22):

DBS : The bank has put up for sale a portfolio of 46 HDB shop and shophouse units, and private strata retail units with a total guide price of about S$210 million. Last Friday, The Business Times reported that the unit with the highest guide price of slightly above S$19.4 million was a 5,145 square foot space at 6 Raffles Quay. Shares of DBS ended S$0.04 or 0.01 per cent lower at S$36.41 on a cum-bonus basis, before the news.

Wilmar International : The agribusiness group on Sunday confirmed media reports that its 80 per cent-owned subsidiary’s tank terminal facility had been hit by a missile last Friday. In an update on Monday, Wilmar estimated it would take about six months to rebuild the destroyed oil tanks. It does not expect the incident to have a material impact on its financial results for FY2024. Shares of Wilmar ended Friday S$0.02 or 0.6 per cent up at S$3.40.