Stocks to watch: Frasers Property, StarHub, NTT DC Reit
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Oct 9):
The Business Times reports on three companies that may see trading impacts on Friday, October 9: Frasers Property, StarHub, and NTT DC Reit. Frasers Property CEO Eu Chin Fen will step down in January 2027, as the company undergoes a privatisation and portfolio optimisation. Its leadership structure will be segmented, aligning with group resources, and reporting to senior group leadership.
StarHub announced its intention to acquire MyRepublic's mobile business by April 30, 2027, with the transaction value dependent on various subscriber metrics. Shares of StarHub closed at S$1.10, down 1.8 per cent from the previous day. Lastly, NTT DC Reit's management is considering changes to its management fee structure, aiming to better align with unitholders' interests by linking the performance fee to year-on-year growth in distribution per unit. The unit price of NTT DC Reit closed at US$0.935, down 0.5 per cent from the previous day.
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.
