Companies & Markets

Stocks to watch: Aims Apac Reit, CapitaLand China Trust, Starhill Global Reit, Creative

Published Wed, Oct 13, 2021 · 08:34 AM

THE following companies saw new developments that may affect trading of their securities on Wednesday (Oct 13):

Aims Apac Reit:O5RUThe real estate investment trust (Reit) posted an 18.8 per cent rise in its distribution per unit (DPU) to S$0.0475 for the first half ended Sep 30, 2021, from S$0.04 a year ago. Its gross revenue was up 13 per cent on year to S$65.2 million from S$57.7 million, the Reit's manager said on Wednesday (Oct 13). Units of Aims Apac Reit closed flat at S$1.46 on Tuesday (Oct 12).

CapitaLand China Trust (CLCT): AU8U It has priced its oversubscribed private placement at S$1.165 per new unit, the bottom end of the price range. CLCT has also exercised the upsize option, bringing the total amount raised to S$150 million. The manager on Wednesday morning lifted its trading halt called on Tuesday. CLCT's units last traded at S$1.25 on Monday.

Starhill Global Reit: P40U The trustee has entered into a facility agreement with RHB Bank for a 3-year unsecured and committed revolving-credit facility of S$50 million. Commencing on Jan 1, 2022, the facility will be available for working capital requirements and/or general corporate funding purposes of the Reit. Shares of Starhill Global Reit closed up S$0.005 or 0.8 per cent at S$0.635 on Tuesday (Oct 12).

Creative Technology: C76 It on Tuesday (Oct 12) gave notice of 3 consecutive years of losses. The technology company's latest 6-month average daily market capitalisation is about S$179.3 million. Shares of Creative Technology closed lower by S$0.02 or 0.9 per cent at S$2.23 on Tuesday (Oct 12).

Trading halt: Challenger Technologies 573 : 573 0% on Wednesday (Oct 13) morning requested for a trading halt, pending the release of an announcement. Shares of Challenger Technologies ended flat at S$0.505 on Tuesday (Oct 12).