SINGAPORE - The following companies saw new developments that may affect trading of their securities on Monday :
OCBC Bank: The lender has filed applications with the High Court of Singapore to place KS Energy and its principal subsidiary, KS Drilling, under judicial management , although the troubled offshore and marine group is suggesting an alternative solution. OCBC shares finished Friday at $8.71, down $0.10 or 1.2 per cent.
CapitaLand Mall Trust , CapitaLand Commercial Trust : The Singapore Exchange on Friday granted in-principle approval to CMT for the listing of up to 2.78 billion new units as part consideration for its merger by way of a trust scheme with CCT, CMT's manager said in a bourse filing on Monday. SGX on Friday also advised that it has no objection to the proposed delisting of CCT, subject to the trust scheme becoming effective, CCT's manager said on Monday. Units of CMT ended Friday at $1.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stocks to watch: Keppel, Sabana Reit, ESR-Reit, OCBC, DBS, Wing Tai, CDLHTTHE following companies saw new developments that may affect trading of their securities on Monday: Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Should Sabana Reit minorities ask board, senior personnel to resign if merger does not succeed?VARIOUS parties involved in the proposed merger of ESR-Reit and Sabana Shari'ah Compliant Industrial Real Estate Investment Trust (Sabana Reit) issued statements over the past week that clearly marked out their positions. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Stocks to watch: Keppel, Sabana Reit, ESR-Reit, OCBC, DBS, Wing Tai, CDLHTTHE following companies saw new developments that may affect trading of their securities on Monday: Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Should Sabana Reit minorities ask board, senior personnel to resign if merger does not succeed?VARIOUS parties involved in the proposed merger of ESR-Reit and Sabana Shari'ah Compliant Industrial Real Estate Investment Trust (Sabana Reit) issued statements over the past week that clearly marked out their positions. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Sabana-ESR merger: MAS says safeguards in place against conflicts of interestTHE Monetary Authority of Singapore (MAS) on Friday clarified that its regulatory framework does not prohibit a shareholder group from owning substantial stakes in two real estate investment trust (Reit) managers managing Reits invested in the same property class. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »