Stocks to watch: Seatrium, OCBC, Dyna-Mac

THE following companies saw new developments that may affect trading of their securities on Wednesday (Apr 3):

Seatrium : S51 0%: The offshore and marine engineering group has secured S$350 million worth of contracts to be completed by end-2025. On Wednesday, Seatrium said the contract works include upgrading and converting liquefied natural gas carriers into floating storage regasification units. Its shares ended Tuesday S$0.003 or 3.4 per cent lower at S$0.084.

OCBC : O39 0%: The bank is said to be exploring a redevelopment of its Chulia Street property, which sits on more than 120,000 square feet of land in Singapore’s Central Business District. On Wednesday, The Business Times reported that JLL was appointed to help identify a potential partner to carry out the redevelopment. Shares of OCBC ended Tuesday S$0.08 or 0.6 per cent higher at S$13.64.