Stocks to watch: Singtel, ST Engineering, Clar, F&N, BRC Asia, Fu Yu, MM2 Asia, Japan Foods

THE following companies saw new developments that may affect trading of their securities on Friday (Feb 7).

Singtel : Its regional data centre arm, Nxera DCT, has secured a S$643 million, five-year green loan to finance the development of a 58 megawatt data centre in Singapore. The participating banks are DBS, OCBC, Standard Chartered, HSBC and UOB, said the telecommunications giant on Friday. Shares of Singtel ended Thursday 0.6 per cent or S$0.02 higher at S$3.23.

ST Engineering : The technology and engineering group announced on Thursday that it secured S$4.3 billion in new contracts in the fourth quarter of 2024, reflecting the group’s strong market position and continued demand for aerospace solutions, underpinned by strong aviation demand. Shares of ST Engineering closed 0.2 per cent or S$0.01 higher at S$4.83, before the announcement.