Stocks to watch: Yanlord Land, Aims Apac Reit, Healthway Medical

THE following companies saw new developments that may affect trading of their securities on Wednesday (Oct 11):

Yanlord Land Group : The Chinese property developer on Tuesday said it recorded 26.1 billion yuan (S$4.8 billion) in total contracted presales from residential units, commercial units and car parks for the first nine months of the year. This was a drop of 83.2 per cent compared to the corresponding period in 2022. Presales include those by the group, its joint ventures and associates. Prior to the news, shares of Yanlord Land ended S$0.015 or 2.4 per cent up at S$0.65.

Aims Apac Reit (AA Reit): Its manager on Tuesday reported a fire incident at one of the real estate investment trust’s properties at Yishun industrial park. The asset accounted for 0.9 per cent of total portfolio value and 1.2 per cent of gross revenue as at end-June 2023. Units of AA Reit closed S$0.02 or 1.6 per cent higher at S$1.30, before the news.