Stocks to watch: Seatrium, YZJ Shipbuilding, Boustead, OUE Reit, ARA H-Trust, Ley Choon
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THE following companies saw new developments that may affect trading of their securities on Tuesday (May 28):
Seatrium : The offshore and marine group has achieved a current net order book of S$25.8 billion, which comprises 31 projects with deliveries until 2030, excluding repair and upgrade projects. For the year-to-date period, Seatrium obtained more than S$11.4 billion in order wins, it said in a business update on Tuesday. Shares of Seatrium jumped 11.7 per cent or S$0.18 to close at S$1.72 on Monday.
Yangzijiang Shipbuilding (YZJ Shipbuilding): The maritime vessel maker’s order book stood at a record value of US$16.1 billion as at May 24, it said on Monday. It has 193 vessels in its backlog to be delivered by 2028, with a total compensated gross tonnage of 7.45 million. Shares of the company climbed 1.6 per cent or S$0.03 to close at S$1.93, before the update.
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