Stocks to watch: Frasers Property, Keppel DC Reit, Mapletree Industrial Trust, SingLand, Olam
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Sep 1):
Frasers Property recently acquired Cuppage Terrace, a cluster of 17 conservation shophouses in Orchard Road, for S$175 million. The property boasts a total gross floor area of 34,678 square feet, with 62 years remaining on its 99-year lease. Following the announcement, Frasers Property shares saw a 1 per cent increase, closing at S$1.02 on Monday.
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- Stocks to watch: Frasers Property, Mapletree Industrial Trust, SingLand, Olam businesstimes.com.sg