Stocks to watch: SGX, CSE Global, Manulife US Reit, Keppel Reit, Wilmar, CDL
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[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Nov 20):
Singapore Exchange (SGX): The Monetary Authority of Singapore on Wednesday announced plans to allow companies to list on both SGX and Nasdaq using a single set of listing documents under a new “dual-listing bridge”. Companies with a market capitalisation of S$2 billion and above will only need to submit one prospectus to both bourses. Shares of SGX fell 0.1 per cent or S$0.02 to close at S$16.80 on Wednesday.
CSE Global : The systems integrator on Wednesday reported a 20.5 per cent jump in revenue to S$257.7 million for its third quarter ended Sep 30, from S$213.9 million in Q3 2024. This came even as its order book shrank 26.2 per cent for the nine-month period as it lacked major electrification projects. Shares of CSE Global rose 2.1 per cent or S$0.02 to close at S$0.97, before the announcement.
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