Stocks to watch: Keppel, Shangri-La Asia, GuocoLand, Aoxin Q&M Dental Group

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Mar 27):

Keppel : The group and Simba Telecom have mutually agreed to extend the long-stop date for the proposed M1 deal to May 21. On Thursday, the company said that the regulatory review of the proposed transaction remains under way, and that M1 and Simba are “in the process of making further submissions to the Infocomm Media Development Authority of Singapore”. Shares of Keppel ended 1.5 per cent or S$0.18 lower at S$12.27, before the news.

Shangri-La Asia : The mainboard-listed company posted on Thursday a net profit of US$112.3 million for the full year ended Dec 31, 2025, down 30.4 per cent from US$161.4 million in the year-ago period. This was mainly due to a one-off impairment loss of US$30.4 million from a hotel in the United Kingdom, and a 76.1 per cent decline in effective share of net-value gains on investment properties. Shares of Shangri-La Asia closed flat at HK$5 on Thursday, before the announcement.

GuocoLand : GuocoLand Malaysia (GLM), the wholly owned subsidiary of GuocoLand, said on Thursday it will convene an extraordinary general meeting (EGM) to table its proposed privatisation of the unit to disinterested shareholders. No date was specified for the EGM. Its RM1.10 per share offer price represents a 17.7 per cent premium to GLM’s last-traded share price of RM0.935 on Jan 30. Shares of GuocoLand ended 3.3 per cent or S$0.08 lower at S$2.37 on Thursday, before the news.

Aoxin Q&M Dental Group : The group announced on Friday that it has signed a non-binding memorandum of understanding to acquire a 100 per cent stake in a dental group located in the central region of China. The proposed acquisition is valued at 150 million yuan (S$27.9 million). Shares of Aoxin Q&M ended at S$0.191 on Thursday, S$0.006 or 3 per cent lower.