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Stocks to watch: Sembcorp, Lendlease Global Reit, Digital Core Reit, Mapletree Industrial Trust

Daphne Yow

Daphne Yow

Published Tue, Jun 6, 2023 · 08:54 AM
    • Sembcorp Gas signs a gas sales agreement to import natural gas piped from the West Natuna gas fields in Indonesia at an estimated value of S$1.9 billion.
    • Sembcorp Gas signs a gas sales agreement to import natural gas piped from the West Natuna gas fields in Indonesia at an estimated value of S$1.9 billion. PHOTO: BT FILE

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    THE following companies saw new developments that may affect trading of their securities on Tuesday (Jun 6).

    Sembcorp Industries : The group on Monday announced that its unit Sembcorp Gas has signed a gas sales agreement to import natural gas piped from the West Natuna gas fields in Indonesia at an estimated value of S$1.9 billion. Sembcorp shares closed up 3.1 per cent or S$0.16 at S$5.35, before the news. 

    Lendlease Global Commercial Real Estate Investment Trust (Lendlease Global Reit): The Reit has taken over a 10 per cent share of Parkway Parade Partnership (PPP) for S$90.5 million. The amount was based on a S$1.38 billion agreed market value of the 291 strata lots PPP owns in Parkway Parade, an integrated office and retail development in Marine Parade. Shares closed flat at S$0.67 on Monday, before the announcement. 

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