Stocks to watch: SIA, CapitaLand Ascendas Reit, Frasers Logistics & Commercial Trust, iFast

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Aug 18): 

Singapore Airlines (SIA) : Passenger traffic for its two carriers rose 6.2 per cent to 13.5 billion in July 2025, from 12.7 billion in the year-ago period, SIA’s latest operating update on Friday indicated. The increase in passenger traffic for SIA and Scoot outpaced the 2.8 per cent expansion in passenger capacity. Shares of SIA declined 0.2 per cent or S$0.01, to close at S$6.59 on Friday.

CapitaLand Ascendas Reit (Clar) : CapitaLand Ascendas Reit (Clar): The manager of the real estate investment trust (Reit) announced on Monday the proposed divestments of five Singapore properties for a total consideration of S$329 million. These divestments are proposed at “healthy premiums” of 6 per cent to the properties’ total valuation and 20 per cent over the original purchase price, said the manager in a bourse filing. The estimated net proceeds after divestment costs are expected to be S$313 million. Completion of the divestments is expected within the fourth quarter of 2025. The counter closed 0.74 per cent or $0.02 down at S$2.69 on Friday.