Stocks to watch: SIA, Ascendas India Trust, GL, KIT

THE following companies saw new developments that may affect trading of their securities on Friday:

Singapore Airlines (SIA): The frequent flyer programme information of some 580,000 KrisFlyer and SIA Priority Passenger Service members was compromised by a cyber attack on servers at air transport information technology firm SITA. SIA was affected by the breach through its membership in the Star Alliance. SIA shares closed 1.2 per cent or S$0.06 lower at S$5.15 on Thursday, before the announcement.

Ascendas India Trust (a-iTrust): The trust on Friday proposed the acquisition of an industrial facility in Chennai for about 2.11 billion rupees (S$38.3 million) via a forward purchase agreement. The potential acquisition is expected to add 0.04 Singapore cent to a-iTrust's FY2020 distribution per unit. a-iTrust units ended Thursday 0.6 per cent or S$0.01 higher at S$1.58.

GL: The Guoco Group unit looking to take mainboard-listed GL private has extended the closing date for its voluntary conditional cash offer by two weeks to 5.30pm on March 18. The offer had been set to close at 5.30pm on March 4. As at 6pm on March 3, GuocoLeisure Holdings held about 83.18 per cent of the total number of shares in GL. GL shares closed at 72.5 Singapore cents on Thursday, down 0.5 cent or 0.7 per cent.

Keppel Infrastructure Trust (KIT): Its trustee-manager has appointed Susan Chong to its board as an independent, non-executive director. Her appointment to the board of Keppel Infrastructure Fund Management takes effect from March 5. KIT units closed 0.9 per cent or 0.5 Singapore cent lower at 54.5 cents on Thursday, before the announcement.

Penguin International: The mandatory offer for the mainboard-listed firm has turned unconditional, as valid acceptances and the total shares owned, controlled or agreed to be acquired by the offeror and its concert parties amounted to 50.29 per cent of total shares as at 6pm on Thursday. Penguin shares closed flat at S$0.65 on Thursday.

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Trading halt: Catalist-listed digital payments services firm MC Payment has called for a trading halt pending the release of an announcement. The counter closed 2.2 per cent or one Singapore cent lower at 45.5 cents on Thursday.