Stocks to watch: Yangzijiang Maritime, SIA, AEM Holdings, Stamford Land, Keppel Reit

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Jan 19):

Yangzijiang Maritime : The maritime financial solution provider on Monday announced its proposed share buyback, as part of its broader capital management plans. It is seeking to purchase not more than 10 per cent of its total issued shares, at a price of not more than 5 per cent above average closing market prices. The group will announce the date of the extraordinary general meeting that will be convened to seek shareholders’ approval for the share buyback in due course. The counter ended Friday unchanged at S$0.615, before the news.

AEM Holdings : The semiconductor manufacturer announced on Monday that it has issued and allotted 824,000 new shares at S$1.142. These shares are expected to be listed on the Singapore Exchange on Wednesday, with trading commencing at 9 am the same day. The total number of issued and paid-up ordinary shares of the company will be about 314.6 million after this move. Shares of AEM Holdings ended Friday flat at S$1.89.

Raffles Education : The company on Monday announced that its directors are convening an extraordinary general meeting on Feb 3, 2026, at 11 am, to seek shareholder approval on the disposal of the entire equity interest in Hefei Yuren Education Management for around 426.4 million Chinese yuan (S$75.9 million). Two of the group’s wholly owned subsidiaries in China, Raffles Lasalle Education Consultancy (Shanghai) and Shanghai Shangxin Commercial Consulting, are the sellers in this venture. A non-binding memorandum of understanding was made Hefei Heyi Education Consulting Management, the purchaser in the deal, on Nov 19, 2026. The counter ended Friday flat at S$0.15.

Singapore Airlines (SIA) : The national carrier and Air India have inked a commercial cooperation framework agreement, based on a joint statement made on Friday. It will build on the two carriers’ existing partnerships, and comes on the back of an earlier code-share partnership signed in 2024. The agreement will require the necessary regulatory approvals. The counter closed 0.2 per cent or S$0.01 lower at S$6.35 prior to the announcement.

Keppel Real Estate Investment Trust (Reit) : Some 923.2 million new units of Keppel Reit will commence trading on the mainboard of the Singapore Exchange on Monday at 9 am. This comes after the Reit’s preferential offering, announced on Dec 11, 2025, closed with valid acceptances for 709.4 million units out of all units on offer. The new units have an issue price of S$0.96 per unit. Units of Keppel Reit finished Friday flat at S$1.00, before the debut of new units.

Stamford Land : The company on Friday announced that its wholly owned subsidiary HSH Hotels (Australia) is facing legal action by the owners corporations of Macquarie Park Village over alleged construction defects. These claims involve alleged deficiencies in the design and construction of the project, including accursed defects relating to concrete works, the facade, drainage, tiling and fire utilities, according to a bourse filing. The owners corporations have not quantified the damages sought yet, since the proceedings are in the early stages. Shares of Stamford Land ended Friday flat at S$0.50.

Stamford Tyres : The automotive accessory and tyre group opened its first retail location in Johor Bahru on Saturday. The Plentong Johor Flagship Outlet is located at 2 Jalan Mutiara 1 in Plentong Industrial Park. It has two floors with a combined total area of around 7,500 square feet and 11 workshop bays. The company declined to comment on the cost of its development, due to commercial and competitive sensitivities. The counter ended 1 per cent or S$0.002 at S$0.194 before the news.

Trading halt: Jewellery retailer Aspial Corporation, prior to market open, requested a trading halt on Monday. The counter closed flat at S$0.114 on Friday.