Stocks to watch: Sembcorp, CapitaLand Ascott Trust, Paragon Reit, Lendlease Global Reit, CSE Global, Cordlife
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THE following companies saw new developments that may affect trading of their securities on Tuesday (Aug 6):
Sembcorp Industries : The energy company on Tuesday posted an 11 per cent fall in net profit to S$540 million for the first half ended June, from S$608 million in the previous corresponding period. Its board has approved an interim cash dividend of S$0.06 per share for H1. Shares of Sembcorp closed 2.4 per cent or S$0.11 lower at S$4.51 on Monday.
CapitaLand Ascott Trust (Clas): The stapled group has secured a S$165 million sustainability-linked multi-currency revolving credit facility from OCBC, its managers announced on Tuesday. Proceeds will be used for general corporate purposes. Stapled securities of Clas ended Monday S$0.02 or 2.3 per cent down at S$0.87.
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