source: Business Times
The following companies saw new developments that may affect trading of their securities on Thursday (Apr 16):
Singapore Airlines (SIA) : C6L 0%: SIA announced on Wednesday that passenger traffic for the group rose 14.7 per cent year on year in March, helping the group reach a record 42.4 million passengers for FY2025/26 ended Mar 31, 2026. The group carried 3.8 million passengers in March, up 14.9 per cent year on year. Shares of SIA ended at S$6.57, S$0.03 or 0.5 per cent lower.
Yangzijiang Shipbuilding : BS6 0%: Yangzijiang announced on Wednesday that it has spun off a new unit to build and run facilities in Nantong, China, for delivering large vessels and carrying out ship repair and conversion work. The new wholly owned subsidiary, Jiangsu Yangzi Hongda Shipbuilding and Repair, has a registered capital of US$100 million, funded through the group’s “internal resources”. Shares of Yangzijiang Shipbuilding ended at S$4, S$0.02 or 0.5 per cent lower on Wednesday.
Keppel DC Real Estate Investment Trust (Reit) : AJBU 0%: The Reit on Thursday posted a distribution per unit of S$0.02833 for its first quarter, up 13.2 per cent from S$0.02503 in the previous corresponding period. Distributable income for the period was at S$74.6 million, a 20.7 per cent rise year on year from S$61.8 million. This came on the back of strong portfolio performance, said the manager of the Reit, and contributions from its acquisition of Tokyo Data Centre 3 and remaining interests in Keppel DC Singapore 3 and 4. Units of the Reit ended 0.4 per cent or S$0.01 lower at S$2.33 on Wednesday.
Suntec Reit : T82U 0%: Its new sponsor Tang Organization could inject its 9 Penang Road building, on which UBS’ Singapore operations stands, into the Reit’s portfolio. The manager said on Apr 10, in response to a unitholder’s query, ahead of its Thursday annual general meeting, that the eight-storey commercial development could be a potential pipeline for Suntec Reit. Units of Suntec Reit closed up 1.3 per cent or S$0.02 at S$1.52 on Wednesday.
Olam Group : VC2 0%: The group said on Thursday that it has obtained regulatory approvals from all jurisdictions for the proposed sale of its 44.58 per cent stake in Olam Agri to the Saudis. It expects the deal to complete in due course within the stipulated timeline. The counter finished Wednesday 1.1 per cent or S$0.01 higher at S$0.89.