Stocks to watch: ComfortDelGro, ESR-Reit, Frasers Property, Centurion, Fuyu
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Aug 31):
ComfortDelGro secured a 17 billion Danish kroner ($2.7 billion) contract to operate and maintain Copenhagen metro lines from September 2027, with an option to extend for three more years. The company's shares remained flat at S$1.29. ESR-Reit announced that its CEO and executive director, Adrian Chui, will be stepping down but will continue to oversee his responsibilities until a replacement is found.
The company's shares were flat at S$2.30. Frasers Property invited shareholders to sell existing notes for cash or new notes, related to four debt issues due in February 2027. The company's shares dropped 1%, closing at S$1.01. Centurion Corporation won a $221.7 million bid to develop a worker accommodation facility in Singapore, to be built through a joint venture with the company holding a 90% stake.
The shares fell 1.3%, closing at S$1.56. Fuyu Corporation applied to transfer its listing from the Mainboard to Catalist due to a declining market capitalization, which had fallen from $118.8 million to $74.7 million over the past three years. The shares closed 1.1% lower at S$0.093.
Written by urgent.news from The Business Times - Companies & Markets's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
