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Wed, Nov 25, 2020 – 8:51 AM M.
THE following companies saw new developments that may affect their securities trading on Wednesday:
UOB: The bank said Wednesday that it has priced one billion euros (S $ 1.6 billion) of seven-year covered bonds at 0.01 percent. The bonds will be issued above par, at 101.553 percent. UOB’s shares closed at Singapore $ 23.60 on Tuesday, an increase of Singapore $ 0.47 or 2 percent.
Singapore Airlines (SIA): The national carrier has set a price tag of S $ 500 million in 3.5 percent notes due 2030 under its S $ 10 billion multi-currency medium-term ticket program, which has risen from S $ 5 billion. of Singaporean dollars previously. Shares of SIA closed at S $ 4.41 on Tuesday, up S $ 0.34 or 8.4%.
ST Engineering: US-based investment management holding company The Capital Group Companies is now considered a substantial shareholder in ST Engineering, after its purchase of 1.38 million shares through a market transaction on November 20. will increase its stake from 4.96% to 5.01%. Shares of ST Engineering closed at S $ 4.04 on Tuesday, up S $ 0.07 or 1.8 percent.
Cromwell European Real Estate Investment Trust (Cromwell E-Reit): Its manager said Wednesday morning that it had signed an agreement to acquire a logistics park in Italy for 52.6 million euros (84.2 million Singapore dollars). Units of Cromwell E-Reit closed at 47.5 cents on Tuesday, an increase of 0.5 cents or 1.1 percent.
Sim leisure group: The group, through its subsidiary, has obtained a loan of up to RM7 million (S $ 2.3 million) from its controlling shareholder Tan Boon Seng, in part to finance the group’s proposed acquisition of the family attraction operator KidZania in Kuala Lumpur. Sim Leisure has requested to lift the commercial suspension it requested on Monday. The Catalist-listed group’s shares last traded at 22.5 Singapore cents on November 19.
HC Surgery Specialists (HCSS): Serene Tiong, who was sued by HCSS surgeon Julian Ong for defamation, failed her request for permission to appeal to the Court of Appeal against the Superior Court’s decision on October 2. , up to 0.5 percent or 1.3 percent.
Broadway Industrial: Shares in the motherboard-traded group hit a nearly 3.5-year high on Tuesday after the precision maker announced it received a $ 50 million offer for its hard drive business from the world’s largest production equipment. Seksun group of companies. The counter closed 33.1 percent or 4.1 Singapore cents higher at 16.5 cents on Tuesday.
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