Stocks to watch: Seatrium, Keppel DC Reit, Soilbuild Construction, CNMC Goldmine

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Oct 22):

Seatrium : The marine engineering company on Wednesday said it has rejected the notice of termination of a US$475 million contract for a wind vessel with a Maersk affiliate. It said the Maersk affiliate was “in repudiatory breach of the contract”. It also sent a notice to the buyer on Monday that the vessel will be delivered on Jan 30, 2026, and received a notice of arbitration on Tuesday. Shares of Seatrium closed 1.5 per cent or S$0.03 higher at S$2.09 on Tuesday.

Keppel DC Reit : The manager of the real estate investment trust (Reit) said it has issued about 180.6 million new units at S$2.24 per new unit. The new units will commence trading on Wednesday. It previously announced the launch of the preferential offering to raise gross proceeds of about S$404.5 million to help fund the 82.1 billion yen (S$707 million) purchase of Tokyo Data Centre 3. Units of Keppel DC Reit closed 1.3 per cent or S$0.03 higher at S$2.38 on Tuesday.