[ad_1]
Friday, October 02, 2020 – 8:59 am
THE following companies saw new developments that may affect their securities trading on Friday:
CapitaLand Mall Trust (CMT), CapitaLand Commercial Trust (CCT): Moody’s Investors Service has lowered the issuer and senior unsecured ratings from CMT to A3, while upgrading the issuer rating from CCT to Baa1. CMT units closed at S $ 1.95 on Thursday, an increase of S $ 0.02 or 1 percent, while CCT units closed at S $ 1.67, an increase of S $ 0.03 or 1.8%.
AGV Group: The Singaporean chief operating officer of the Catalist-listed hot-dip galvanizing company, Albert Ang, has agreed to resign. The Department of Business Affairs recently said there were reasonable grounds to believe that Ang had committed a crime. Shares of AGV rose 0.2 Singapore cents or 9.1 percent to 2.4 cents at the close of Thursday, before the announcement.
Lendlease Global Commercial Reit: The Real Estate Investment Trust (Reit) has acquired a stake in the Jem Mall, through a 5 percent stake in Lendlease Asian Retail Investment Fund 3 with a purchase consideration of around S $ 45 million, it said your manager in a bag presentation. Units of Lendlease Global Reit closed Thursday at S $ 0.67, down S $ 0.01 or 1.5%, ahead of the announcement.
OUE Limited: The main board-listed property developer’s chief financial officer, Ivan Lim, will step down as of November 4 to pursue other professional interests. Shares of OUE closed unchanged at S $ 1.18 on Thursday.
New Silkroutes group: The main board-listed healthcare provider has appointed Darrell Lim as its lead independent director, the group announced in a stock presentation Thursday. Shares of New Silkroutes closed 6.1 percent or 0.7 Singapore cents down to 10.7 cents on Thursday, ahead of the announcement.
[ad_2]
