Stocks to watch: NetLink NBN Trust, Marco Polo Marine, Straco, LHN, Sats, mm2 Asia

THE following companies saw new developments that may affect trading of their securities on Monday (Nov 27):

NetLink NBN Trust : Following the completion of its price review by the Infocomm Media Development Authority, the trustee-manager of NetLink NBN Trust on Monday lowered the price for its residential end-user connection service to S$13.50, from S$13.80 previously. Pricing for non-building address point connection service was lowered to S$70.50 from S$73.80. These revised prices will be effective Apr 1, 2024. Units of the trust ended Friday unchanged at S$0.82.

: The integrated marine logistics company on Monday reported a second-half net profit of S$18.3 million, up 74.1 per cent from H2 FY2022 on higher revenue and improved gross profit margin. Its board proposed a final dividend of S$0.001, as opposed to none in the prior year. Shares of Marco Polo Marine ended Friday S$0.001 or 2 per cent higher at S$0.052.