Stocks to watch: SIA, ComfortDelGro, Lendlease, ST Engineering, Venture Corp, AEM, Metech International
Russell Marino Soh
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 Monday (Nov 7):
Singapore Airlines (SIA): The airline posted record operating profits of S$678 million for its second quarter ending Sep 30, up 21.9 per cent from S$556 million in the previous quarter. SIA also announced the resumption of dividend payments, with an interim dividend of S$0.10 per share to be paid in December. Shares of SIA closed at 1.3 per cent or S$0.07 higher at S$5.34 on Friday, before the news.
ComfortDelGro (CDG): The transport operator has secured three metropolitan bus contracts in Sydney with a total value of A$1.7 billion (S$1.5 billion). In a press statement on Monday, CDG said the contracts make up a significant part of the city’s public transport network, as it covers regions that are home to over 700 buses transporting 18 million passengers each year. Its shares ended Friday unchanged at S$1.32.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025