Stocks to watch: Wilmar, Mapletree Logistics, Rex, Lian Beng, Centurion
Add BT as a preferred sourceBernadette Toh
THE following companies saw new developments that may affect trading of their securities on Monday (Jan 16):
Wilmar International : The mainboard-listed agribusiness group has secured a US$200 million sustainability-linked trade finance facility from Standard Chartered. The facility’s margin ratchet will move according to Wilmar’s annual performance against predefined internal key performance indicators and external benchmarking standards. Wilmar closed at S$4.15 on Friday, up 0.2 per cent or S$0.01.
Mapletree Logistics Trust : The real estate investment trust will be divesting two warehouses in Malaysia worth a total of RM50.2 million (S$15.3 million) to Sigma Warehousing, said its manager on Friday (Jan 13). The consideration is 6.1 per cent higher than the latest aggregate valuation for both properties as at Oct 1, 2022. Units of the trust closed 0.6 per cent or S$0.01 lower at S$1.60 on Friday, before the announcement.
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