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Stocks to watch: Keppel, ComfortDelGro, SingPost, Manulife US Reit

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Mia Pei

Published Thu, Dec 7, 2023 · 08:26 AM

Keppel's infrastructure division will tie up with the Abu Dhabi Future Energy Company to develop decarbonisation and sustainability solutions in Asean and the Middle East PHOTO: KEPPEL CORPORATION

DeeperDive is a beta AI feature. Refer to full articles for the facts.

THE following companies saw new developments that may affect trading of their securities on Thursday (Dec 7):

Keppel : The conglomerate’s infrastructure division will tie up with the Abu Dhabi Future Energy Company to develop decarbonisation and sustainability solutions in Asean and the Middle East. Its counter ended 0.9 per cent or S$0.06 higher at S$6.81 on Wednesday.

ComfortDelGro : The transport behemoth will increase flag-down fares by S$0.50, as well as distance and waiting time fares for regular taxis by S$0.01 from Dec 13. With the hike, flag-down fares will rise to between S$4.40 and S$4.80, from between S$3.90 and S$4.30, for Hyundai i40, Hyundai Ioniq, Hyundai Kona, BYD e6, Toyota Prius, and Toyota Sienta taxis. The flag-down fares for limousine taxis will remain at S$4.80, following a recent revision on Nov 30, but the distance and waiting time fares will inch up to S$0.36 from S$0.35. ComfortDelGro shares closed 3.1 per cent or S$0.04 higher at S$1.34 on Wednesday, before the announcement.

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