Stocks to watch: SIA, Sats, UOL, SingLand, GuocoLand, Dasin Retail Trust 

THE following companies saw new developments that may affect trading of their securities on Monday (Mar 18):

Singapore Airlines (SIA) : The national carrier moved 28.2 per cent more passengers on a group level in February year on year (yoy), it said in its operating results on Friday. Passenger traffic for SIA was up 20.4 per cent yoy on a capacity increase of 20.7 per cent over the same period. Shares of SIA were down S$0.04 or 0.6 per cent at S$6.38, before the announcement. 

Sats : The company on Saturday said it has sold its ground handler unit Maytag Aircraft for an enterprise value of US$46 million. This followed its announcement on Friday about plans to acquire an air cargo handler and border inspection business in Sweden through its wholly owned subsidiary for 94 million Swedish kronor (S$12.2 million). The counter closed S$0.01 or 0.4 per cent lower at S$2.55, before its Friday announcement.