Stocks to watch: Sembcorp, CapitaLand Ascott Trust, Thomson Medical, Oxley, Civmec
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Vivienne Tay
THE following companies saw new developments that may affect trading of their securities on Tuesday (Aug 29):
Sembcorp Industries : The group has received a letter of intent from the Energy Market Authority to explore the development of offshore wind farms in Vietnam to export electricity to Singapore. The project will span about 200,000 hectares of sea area across two sites off the shores of South Vietnam. The counter closed up 1.7 per cent or S$0.09 at S$5.48 on Monday, before the announcement.
CapitaLand Ascott Trust (Clas) : The stapled group has received valid acceptances of 36.6 per cent for the 100.5 million new stapled securities to be issued under the preferential offering announced on Aug 3. Clas units closed at S$0.985, down S$0.015 or 1.5 per cent on Monday, before the results were released.
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