Stocks to watch: Sembmarine, Frasers Hospitality Trust, Halcyon Agri, A-Smart, Colex

THE following companies saw new developments that may affect trading of their securities on Monday (Feb 6):

Sembcorp Marine (Sembmarine): The shipbuilding company on Monday reported that its net debt to equity ratio as at end-2022 has improved further to 0.26 times, from 0.53 times as at end-September 2022. This was mainly due to cash collections in Q4 2022, and will be used for payables and other working capital needs in FY2023. The counter ended Friday down S$0.006 or 4.1 per cent at S$0.139.

Frasers Hospitality Trust (FHT): The group saw an increase in revenue per available room across its portfolio for the first quarter ended Dec 31, 2022. This comes as international tourism continues to bounce back from the pandemic, the manager said in a business update on Friday. Stapled securities of FHT closed at S$0.50, down S$0.005 or 0.1 per cent, before the business update.