Stocks to watch: Keppel DC Reit, Frasers Property, Centurion, Nio, EGP Energy
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Sep 2):
The Business Times reports on several companies and their recent developments that may affect their stock prices. Keppel DC Reit, a real estate investment trust, saw its private placement for acquiring two Japan data centres increase from S$600 million to S$625 million due to strong investor demand. Frasers Property announced the closure of its Yishun 10 cinema multiplex, which will be redeveloped into a mixed-use development containing approximately 110 residential units.
Centurion issued S$200 million worth of five-year fixed rate sustainability notes to fund green and social projects. Nio, a Chinese electric vehicle maker, reported a narrower net loss for Q2 2026, driven by top-line growth, but shares fell 5.1% following the news. EGP Energy, a Singapore-listed energy company, secured a S$6.2 million project for its subsidiary EGP Smart Energy, bringing its order book to S$305.1 million, with the company's shares up 2.2%.
Brief written by urgent.news from The Business Times - Companies & Markets's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
