Stocks to watch: CapitaLand Investment, ESR-Reit, Dasin Retail Trust, Lian Beng
THE following companies saw new developments that may affect trading of their securities on Tuesday (Apr 12):
9CI : 9CI 0%: The real estate investment arm of property developer CapitaLand said that its lodging business The Ascott has set a target to sign 150 properties with over 30,000 units under its lyf co-living brand by 2030. It currently has 17 lyf co-living properties with over 3,200 units in 14 cities and 9 countries, said the company in a bourse filing on Monday. CapitaLand Investment's share price fell 0.3 per cent, or S$0.01 to S$4.04 at the end of Monday's trade.
J91U: The real estate investment trust (Reit) is redeveloping its 21B Senoko Loop general industrial property into a build-to-suit high-specification facility for master tenant NTS Components Singapore - a wholly-owned subsidiary of high-tech manufacturer NTS Group Asia. The redevelopment will cost about S$38.5 million and complete by Q1 2024, said the Reit in a bourse filing on Tuesday before market opened. ESR-Reit units closed 2.4 per cent or S$0.01 lower at S$0.415 on Monday.
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