Stocks to watch: StarHub, LHN

THE following companies saw new developments that may affect trading of their securities on Thursday (Aug 22):

StarHub : The telco has appointed DBS Singapore group executive and country head Han Kwee Juan as its independent director as of Sep 1. He will also be appointed as a member of the company’s risk and sustainability committee. Shares of StarHub closed 3.2 per cent or S$0.04 lower at S$1.22 on Wednesday, before the announcement.

LHN Group : The real estate management services group has secured 250 more keys across projects in Upper Bukit Timah Road and Middle Road. This takes its total to 2,784 keys under management as at June this year, said the mainboard-listed company on Thursday, in its third-quarter business update. It also secured 28 new facilities management contracts in the recorded period. The counter closed flat at S$0.325 on Wednesday.