Stocks to watch: LMIRT, AusGroup, Ellipsiz, ESR-Reit
THE following companies saw new developments that may affect trading of their securities on Thursday:
Lippo Malls Indonesia Retail Trust (LMIRT) D5IU: The manager of LMIRT on Wednesday said it is reopening seven additional malls and two retail spaces in Indonesia, bringing the total number of malls and retail spaces allowed to reopen to 19 and four respectively, although they are subject to precautionary measures. Units of LMIRT closed at 6.3 Singapore cents on Wednesday, up 0.2 cent or 3.3 per cent, before the announcement.
AusGroup 5GJ: The Australian construction engineering company on Wednesday reported net profit of A$1.2 million (S$1.2 million) for the full year ended June 30, reversing losses in the preceding year amounting to A$59.5 million. Shares of AusGroup closed flat at 2.3 Singapore cents on Wednesday, before the results were released.
Ellipsiz BIX: The engineering solutions company on Wednesday posted a net profit of S$3.1 million for the full year ended June 30, reversing a loss of S$689,000 in the preceding year. Revenue edged up 0.5 per cent to S$54.5 million, boosted by its automated precision system solutions segment. Shares of Ellipsiz closed at 36.5 Singapore cents on Wednesday, up one cent or 2.8 per cent, before the results were released.
ESR-Reit J91U: The real estate investment trust (Reit) will list on Thursday 124.1 million new units at 40 Singapore cents per unit, as part of its preferential offering to raise gross proceeds of S$49.6 million. Units of ESR-Reit closed at 47 Singapore cents on Wednesday, down 0.5 cent or 1.1 per cent.
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