Stocks to watch: Seatrium, GuocoLand, Thomson Medical, GSH

THE following companies saw new developments that may affect trading of their securities on Thursday (Jul 13).

Seatrium : The offshore and marine engineering player has obtained a green trade finance facility with a banker’s guarantee from OCBC worth 720 million euros (S$1.1 billion) to fund its sustainability efforts. The counter closed up 6.8 per cent or S$0.009 at S$0.141 on Wednesday, before the announcement.

GuocoLand : The property giant on Thursday announced it obtained S$498.6 million in green financing, which will go towards the development of a residential site at Lentor Gardens which it won jointly with Hong Leong in April. Its shares ended Wednesday S$0.02 or 1.3 per cent higher at S$1.54.