Stocks to watch: F&N, Yangzijiang Maritime, Lendlease Global Commercial Reit
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Apr 15):
Frasers and Neave (F&N) : The beverage giant will invest up to NZ$20.1 million (S$15 million) in New Zealand-based honey producer Comvita. The group on Wednesday said this comes as the company shapes its portfolio with a focus on categories where there is resilient demand and long-term growth. The counter closed at S$1.45, down 0.7 per cent or S$0.01, before the news.
Yangzijiang Maritime : The group has secured leasing agreements valued at US$89.8 million covering 13 vessels, it said on Tuesday. Their lease periods range from one to eight years. The agreements cover 12 oil, chemical and product tankers, and one anchor handling tug supply vessel. Shares of Yangzijiang Maritime closed at S$0.66, up 5.6 per cent or S$0.035, before the announcement.
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