Stocks to watch: Singtel, LHN, Coliwoo
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Nov 19):
Singtel : The telco was hit by an outage on Tuesday, with more than 1,600 users affected at its peak at 4.55 pm. Reports of outages spiked on Downdetector at that time, falling briefly before a second peak at 5.40 pm, with over 1,300 users affected. More than seven in 10 users reported an outage in mobile phone services, and 23 per cent reported mobile Internet issues. Shares of Singtel fell 0.2 per cent or S$0.01 to close at S$4.87 on Tuesday.
Coliwoo and LHN : The co-living operator said in a Tuesday profit guidance that it expects to post a better core profit before tax and fair value changes for the 2025 financial year compared with the year-ago period, despite a decrease in net profit before tax. Coliwoo is the co-living business of property management services group LHN, which issued the same profit guidance on the local bourse on Tuesday. Shares of Coliwoo closed flat on Tuesday at S$0.56, while shares of LHN fell 1.4 per cent or S$0.01 to close at S$0.685.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.