Stocks to watch: Keppel, Keppel DC Reit, Oiltek, mm2 Asia

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Sep 4):

Keppel , Keppel DC Reit : The manager of Keppel DC Reit announced on Wednesday its acquisition of the remaining stake in two data centres from its sponsor Keppel, for a consideration of up to S$8.4 million. This gives the real estate investment trust full ownership of Memphis 1, the entity holding the two artificial intelligence-ready hyperscale data centres in Singapore. Units of Keppel DC Reit closed at S$2.32 on Wednesday, down 1.3 per cent or S$0.03, before the announcement; shares of Keppel closed 0.7 per cent or S$0.06 lower at S$8.64. 

Oiltek : Its ongoing projects in Indonesia are not affected by the current unrest in the country, the group said in a Thursday bourse filing. The projects are not located near the major city centres where the demonstrations are taking place, it added. Shares of Oiltek finished Wednesday 2.1 per cent or S$0.02 higher at S$0.975.