Stocks to watch: Singtel, OCBC, Uni-Asia, Koh Brothers Eco Engineering

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

Singtel : The telecommunications provider has secured its first green loan, amounting to S$535 million over a five-year tenure, from Singapore’s trio of local banks and Standard Chartered. Loan proceeds will be used to refinance borrowings and support the operations of two Singtel data centres, said the group on Monday. Shares of Singtel ended Friday down S$0.01 or 0.4 per cent at S$2.30.

OCBC : The lender is claiming at least S$19.7 million from money-laundering accused Su Baolin, as well as possession of his mortgaged Sentosa Cove villa, reported The Business Times on Friday. Su, who did not have representation listed for the Dec 1 hearing, remains in remand. Shares of OCBC ended S$0.10 or 0.8 per cent higher at S$12.64, after the news.