Stocks to watch: Singtel, Wilmar, Yangzijiang Shipbuilding, CapitaLand China Trust, Sasseur Reit, Metro
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Sep 29):
Singtel : Optus suffered another outage that disrupted emergency calls, Bloomberg reported on Monday. The Singtel subsidiary is investigating the cause of a now-restored issue involving a mobile phone tower site in the Dapto area of New South Wales, a spokesperson said. This comes as a delegation from its parent Singtel visits Australia this week to meet Communications Minister Anika Wells over fallout from earlier disruptions. Singtel shares finished on Friday 0.2 per cent or S$0.01 lower at S$4.26.
Wilmar International : The agribusiness maintained its expectations for a profit for the full-year ending Dec 31, 2025. This comes despite a verdict from the Indonesian Supreme Court requiring it to pay trillions collectively, in fines and a compensation, which analysts expect to dent the company’s earnings. On Friday, Wilmar’s chairman and chief executive officer Kuok Khoon Hong scooped up S$2.7 million worth of shares through entities linked to him. Shares of Wilmar fell 1.4 per cent or S$0.04 on Friday to S$2.85, before the announcement.
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