Stocks to watch: Frasers Property, SingPost, HRnetGroup, LHN, Sim Leisure

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Sep 10):

Frasers Property : Its chief executive officer of emerging markets, Asia, Lim Hua Tiong, will assume the additional role of CEO of Frasers Property (Thailand) effective from Oct 1, 2025. This strategic leadership transition in Thailand marks an “important step in strengthening leadership alignment”, in line with the group’s OneFrasers strategy to enhance synergies and long-term value creation across key markets, the group said on Wednesday. The counter ended Tuesday 2.8 per cent or S$0.03 lower at S$1.04.

Singapore Post (SingPost) : Alibaba Investment, a subsidiary of Chinese e-commerce giant Alibaba Group, sold 151.3 million of SingPost shares for S$64.4 million on Tuesday, cutting its stake to 4.61 per cent from 11.33 per cent. The shares were sold at about S$0.426 apiece, 5.3 per cent lower than the S$0.45 closing price on Tuesday. The counter ended Tuesday S$0.005 or 1.1 per cent lower.

HRnetGroup : The mainboard-listed group expanded into Vietnam with the incorporation of a new wholly owned subsidiary AllwaysFirst, which will focus on professional recruitment in the country’s growth sectors, particularly in IT and tech. The group said the move marks its bid to enter one of Asia’s fastest-growing economies and Vietnam’s booming tech sector. Shares of HRnetGroup closed flat at S$0.71 on Tuesday, before the announcement.

LHN : The company’s space optimisation business continued to be a major revenue contributor, LHN said in a third-quarter business update on Wednesday. As at Jun 30, 2025, it managed more than 330,000 square feet (sq ft) under its commercial properties and over 1.8 million sq ft under its industrial properties. Additionally, the Singapore Exchange on Tuesday declared the group’s subsidiary Coliwoo to be conditionally eligible for a mainboard listing, LHN said in a separate announcement, where it provided an update on the proposed spinoff and listing of the unit. The counter ended Tuesday at S$0.86, S$0.025 or 3 per cent higher.

Sim Leisure : The theme park operator has reached a final settlement with Bandar Malaysia over a terminated theme park agreement. It will receive an undisclosed “compensation sum” which will be fully paid on or before Oct 30. The Catalist-listed group said the deal is set to have a “material positive impact” on its earnings for the financial year ending Dec 31, 2025. Shares of Sim Leisure closed flat at S$0.635 on Tuesday, before the announcement.

Trading halt:  Niks Professional on Tuesday night called for its trading halt to be extended until the end of Sep 11, pending the release and finalisation of a material announcement. Its shares closed flat at S$0.192 on Sep 4, before it called for a trading halt the following day.