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Stocks to watch: Noble, CapitaCommercial Trust, Cambridge Industrial Trust
THE following stocks have made announcements on Wednesday morning before the market opens that might affect trading:
Commodities trader Noble Group has promised more transparency, starting with greater disclosures in its first quarter 2015 results, scheduled for release on May 7. This comes after concerns over transparency were raised following its annual general meeting last Friday.
Office real estate investment trust (Reit) CapitaCommercial Trust reported a distribution per unit (DPU) of 2.12 Singapore cents for its first quarter ended Mar 31, 2015, up 3.9 per cent from 2.04 cents a year ago.
Cambridge Industrial Trust, an industrial Reit, reported DPU of 1.225 Singapore cents for its first quarter ended March 31, 2015, down 2.1 per cent from 1.251 cents a year ago.