Stocks to watch: Keppel DC Reit, Keppel Infrastructure Trust, Sabana Reit, Keppel Pacific Oak US Reit, Accrelist

THE following companies saw new developments that may affect trading of their securities on Wednesday (Apr 19):

Keppel DC Real Estate Investment Trust (Keppel DC Reit): Its manager posted a distribution per unit of 2.541 Singapore cents for the first quarter ended Mar 31, 2023, up 3 per cent from 2.466 cents the year before. The Reit’s gross revenue rose 6.5 per cent to S$70.4 million for the quarter, from S$66.1 million a year earlier. Units of Keppel DC Reit closed flat at S$2.08 on Tuesday, before the announcement.

Keppel Infrastructure Trust (KIT): Its placement of new units has closed at the issue price of S$0.477, while its preferential offering closed at the issue price of S$0.467. Both are at the highest end of the price ranges indicated when it proposed its equity fundraising exercise on Tuesday. Units of KIT closed Monday flat at S$0.515 before its manager called for a trading halt the following morning. KIT resumes trading on Wednesday.