Stocks to watch: NetLink NBN Trust, Centurion, No Signboard

THE following companies saw new developments that may affect trading of their securities on Friday (May 17):

NetLink NBN Trust : The fibre-network infrastructure provider’s trustee-manager on Thursday announced a distribution per unit (DPU) of S$0.0265 for the second half of its fiscal year ended March, up 1.1 per cent from the S$0.0262 DPU in the year-ago period. This brings its DPU for the full year to S$0.053 for FY2024, up 1.1 per cent on the year. The counter closed flat at S$0.865, before the results were announced.

Centurion : Its joint venture has leased 15 floors of a building in Hong Kong from Golden Well Development, with plans to use the space for student accommodation. On Thursday, the dormitory operator said the property is expected to be operational in September. Centurion shares fell 1.8 per cent or S$0.01 to close at S$0.54 before the announcement.