Stocks to watch: Yanlord, Straits Trading, TTJ, Second Chance, iWOW
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Yong Hui Ting
THE following companies saw new developments that may affect trading of their securities on Thursday (Jun 30):
Yanlord Land Group : The real estate developer announced through a bourse filing on Wednesday that it had pulled in 6.1 billion yuan (S$1.28 billion) in presales from selling all units in the third batch of apartments launched for its Shanghai project, Yanlord Arcadia. Shares of Yanlord closed flat at S$1.08 on Wednesday.
Straits Trading: Straits Real Estate, a wholly-owned subsidiary of Straits Trading, said on Wednesday that it was acquiring a portfolio of office and industrial buildings and several plots of development land in Gloucester Business Park for £130 million (S$219.5 million). Shares of Straits Trading closed at S$2.88 on Wednesday, down 0.4 per cent or S$0.01.
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