SINGAPORE - The following companies saw new developments that may affect trading of their shares on Tuesday :
CapitaLand: Grade A office building 79 Robinson Road has received its temporary occupation permit on April 28, property giant CapitaLand said on Tuesday in a regulatory update. The 29-storey office development has a net lettable area of 518,000 square feet and is jointly-owned by CapitaLand, Japanese trading house Mitsui & Co and developer Tokyo Tatemono. CapitaLand shares ended at $2.90 on Monday, down $0.11 or 3.7 per cent.
Jumbo Group: The food and beverage group is expected to report a significantly lower profit after tax year on year for H1 FY2020, owing to the impact of Covid-19 across its markets, it warned on Monday. Jumbo shares closed down one cent or 3.9 per cent to 24.5 cents on Monday, before the announcement was made.
Singtel, NetLink NBN Trust: Singtel and M1 have been helping NetLink Trust to deliver fibre installations for their respective customers, the telcos independently confirmed to The Business Times, after the broadband supplier warned last month of longer waits for service fulfilment. Singtel shares closed down $0.11 or 3.9 per cent to $2.72, while NetLink Trust fell 1.5 cents or 1.5 per cent to 98.5 cents on Monday.
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