Stocks to watch: Ho Bee Land, IReit Global, Centurion, Isetan, Dasin Retail Trust
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THE following companies saw new developments that may affect trading of their securities on Friday (Jul 5):
Ho Bee Land : The real estate group has priced S$160 million in fixed-rate green notes due 2029 at 4.35 per cent. Net proceeds from the issuance will be used to fund or refinance eligible green projects. Shares of Ho Bee Land closed flat at S$1.86 on Thursday.
IReit Global : The real estate investment trust’s manager appointed Peter Viens as its new chief executive officer, following the departure of existing CEO Louis d’Estienne d’Orves. On Thursday, it also named Emilio Velasco, Tikehau Capital’s head of real estate in Spain and Portugal, as its next chief investment officer, who will assist the CEO in overseeing the investment and asset management functions for IReit. Units of IReit closed flat at S$0.285, before the news.
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