Stocks to watch: Singtel, SIA, MPACT, StarHub, Ho Bee Land, PropNex

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Jun 24):

Singtel : The telco on Tuesday said its wholly owned Australian subsidiary Optus has priced S$200 million 10-year fixed-rate notes at 2.84 per cent. The notes will be issued on Jun 30, 2026, and mature on Jun 30, 2036. The net proceeds will be swopped into Australian dollars and used by Optus to fund its ordinary course of business, it added. Singtel shares closed at S$4.35 on Tuesday, down 0.2 per cent or S$0.01, before the news. 

Singapore Airlines (SIA) : The flag carrier on Tuesday said it is issuing 1.5 billion yuan (S$286.4 million) worth of 2.38 per cent five-year fixed-rate dim sum bonds – an offshore yuan bond issued outside mainland China – at par under its S$10 billion multicurrency medium-term note programme. The notes are expected to be issued on Jun 30, 2026, and mature on Jun 30, 2031. SIA shares closed at S$7.37 on Tuesday, up 0.6 per cent or S$0.04, prior to the announcement.