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Suntec Reit units close 4.3% higher after news of strategic review; units worth S$577 million traded
New sponsor Tang Organization is launching a review to boost portfolio performance and future distributions
CSE Global shares close 4% up, after hitting 19-year intraday high on ‘strategic review’
Review includes ‘possible transactions involving the company’s shares and/or all or part of the company’s business and assets’
Aspial Lifestyle shares close flat after rising 6% in intraday trade on proposed move to SGX mainboard
The transfer can enhance the company’s ability to access both equity and debt capital markets
Analysts raise ST Engineering target price as it jumps 7.2% on Iran conflict, defence contract wins
The counter has climbed for two consecutive days
Shares of UMS end 2% higher after purchase of stake in Starke Singapore
The counter had increased by as much as 8.6% to S$1.63 in the morning
SIA falls 4.7% after cancelling flights due to US-Israel strikes on Iran; Sats down 5.9%
26 SIA and Scoot flights between Feb 28 and Mar 7 have been called off since the conflict began
Yangzijiang Shipbuilding rises 10.7% on improved earnings; hits record in intraday trade
CGSI lifts its target price to S$4.95, a 14.1 per cent premium above its Friday closing price
Shares of property players rise on higher earnings; UOL up 6.3%, CDL gains 4.4%
UOL’s H2 net profit rises 21% while CDL’s was up over four times at S$538.5 million
AEM shares close over 21% higher following positive H2 results; hit 1-year high of S$2.47
Its net profit is up 32% year on year at S$13.9 million
Yangzijiang Financial drops 14.5% to 2-year low on expected reversal into red
The group expects to post losses for its second half and full year due to the recognition of substantial credit loss allowances
