Stocks to watch: ST Engineering, Clar, MPACT, Yangzijiang Maritime, Sert, Addvalue Tech, GSH
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Apr 28):
ST Engineering : The technology and defence conglomerate said on Monday that it secured S$4.8 billion in new contracts in the first quarter of 2026. Half of the new orders, or S$2.4 billion, came from its defence and public-security segment. The commercial aerospace division brought in S$1.7 billion and the urban solutions and satellite-communications segment brought in S$700 million. The Q1 haul was up about S$400 million from the year-ago period. ST Engineering shares fell 2.5 per cent or S$0.27 to close at S$10.75 before the announcement.
CapitaLand Ascendas Reit (Clar) : The real estate investment trust’s (Reit) manager on Monday said Clar expanded its global footprint in Q1 with about S$1.6 billion in distribution-accretive acquisitions. It said the Reit had strong operational resilience, maintaining a high overall portfolio occupancy rate of 90.5 per cent and a weighted average lease expiry of 3.8 years, alongside a robust positive rental reversion of 10.6 per cent. Units of Clar fell 0.4 per cent or S$0.01 to close at S$2.54 on Monday.
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