Stocks to watch: CLCT, Suntec Reit, APAC Realty, F&N, Olam Group
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Vivienne Tay
DeeperDive is a beta AI feature. Refer to full articles for the facts.
THE following companies saw new developments that may affect trading of their securities on Tuesday (Apr 26):
CapitaLand China Trust (CLCT): The real estate investment trust (Reit) posted a 30.4 per cent rise on year in its net property income to 344.5 million yuan (S$72.2 million) for its first quarter ended March 2022, due to full contributions from its business parks portfolio as well as new contributions from its logistics parks portfolio, its manager said on Tuesday. Units of CLCT closed down S$0.02 or 1.7 per cent at S$1.18 on Monday.
Suntec Real Estate Investment Trust (Suntec Reit): Suntec Reit's distribution per unit (DPU) rose 16.9 per cent year on year to S$0.02391 for its first quarter ended Mar 31, on new contribution from The Minster Building, and higher contributions from Suntec City Office and Suntec City Mall, its manager said in a bourse filing on Tuesday. Units of Suntec Reit closed flat at S$1.83 on Monday.
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