Stocks to watch: ST Engineering, Keppel DC Reit, Manulife US Reit, Dasin Retail Trust
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Michelle Zhu
DeeperDive is a beta AI feature. Refer to full articles for the facts.
THE following companies saw new developments that may affect trading of their securities on Friday (Dec 15):
ST Engineering: Its subsidiary ST Engineering Marine was awarded a contract by Singapore’s Ministry of Defence to upgrade the navy’s formidable-class frigates. The first frigate is projected to complete its upgrades by 2028. Shares of ST Engineering shares closed at S$3.81 on Thursday, S$0.04 or 1.1 per cent higher ahead of the announcement.
Keppel DC Real Estate Investment Trust (Keppel DC Reit): The Reit’s Chinese subsidiary has issued a letter of demand to its tenant of three data centres in Guangdong, to recover 48.3 million yuan (S$9.1 million) of late rentals, interests and taxes. On Friday, the manager said it also requested a top-up of security deposits amounting to 32.2 million yuan. Keppel DC Reit closed on Thursday up 4 per cent, or S$0.08, at S$2.08.
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