You are here
Stocks to watch: Keppel DC Reit, Ezra Holdings, Apsil
KEPPEL DC Reit: The real estate investment trust reported a distribution per unit (DPU) of 1.64 Singapore cents for the fourth quarter ended Dec 31, 2015, marginally beating its own forecast by 1.9 per cent.
The DPU was lifted by net property income (NPI) of S$21.85 million, which also surpassed its forecast by 1.9 per cent.
The stock closed 0.5 per cent lower at S$1.01 on Thursday.
Ezra Holdings: Mainboard-listed Ezra Holdings has reported a net loss attributable to owners of US$55.3 million for the three months ended Nov 30, 2015, dragged by the weak offshore support and production services division.
It is a reversal from the US$54.4 million net profit a year ago.
The counter slid S$0.002 to close at S$0.076 on Thursday.
Asia-Pacific Strategic Investments: Catalist-listed Asia-Pacific Strategic Investments Ltd (Apsil) has announced that it has agreed to place out 2.6 billion new shares at S$0.0054 each to Oei Hong Leong to raise S$14.2 million.
This money will be used to finance the acquisition of a Chinese real estate firm for S$33.3 million, which will then become a reverse takeover.