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Stocks to watch: Sembcorp, Boustead Singapore, Manulife US Reit, GK Goh

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Jessie Lim

Jessie Lim

Published Tue, Mar 28, 2023 · 08:25 AM
    • The parent company of Boustead Projects has garnered 95.5 per cent in shareholding interest of the unit.
    • The parent company of Boustead Projects has garnered 95.5 per cent in shareholding interest of the unit. PHOTO: BT FILE

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    THE following companies saw new developments that may affect trading of their securities on Tuesday (Mar 28):

    Sembcorp Industries : The energy company and its partners have terminated a joint-development agreement to build a solar and energy storage project in Indonesia. Shares of Sembcorp Industries closed at S$4.30 on Monday, up 1.4 per cent or S$0.06, before the announcement. 

    Boustead Singapore : The parent company of Boustead Projects has garnered 95.5 per cent in shareholding interest of the unit, as part of a takeover offer. Shares of Boustead Singapore closed at S$0.835, down 0.6 per cent or S$0.005 before the news.

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