Stocks to watch: Singtel, Centurion Corp

THE following companies saw new developments that may affect trading of their securities on Tuesday (Apr 4):

Singtel : A subsidiary of the telecommunications provider has priced a A$100 million (S$90 million) five-year fixed rate sustainability-linked bond at 4.577 per cent per annum. The notes will mature on Apr 12, 2028. Shares of Singtel ended S$0.03 or 1.2 per cent higher at S$2.49 on Monday, before the news.

Centurion Corporation : The mainboard-listed dormitory operator has been given the go-ahead to increase the bed capacity at its quick-build dormitory sites. According to the company’s head of communications, the market rate of a purpose-built dormitory bed is now between S$380 and S$520, The Business Times reported on Tuesday. Centurion shares closed Monday flat at S$0.35.