Stocks to watch: Capitaland Ascendas Reit, Sats, Frasers Centrepoint Trust, First Sponsor, Stoneweg Reit, UOI, LMIRT
[SINGAPORE] The following companies saw new developments that may affect trading of its securities on Tuesday (Apr 29):
CapitaLand Ascendas Reit (Clar): It reported a growth in portfolio rental reversions of 11 per cent in the first quarter of 2025, despite occupancy dipping, in a bourse filing on Monday (Apr 28). Across Clar’s portfolio, all geographies saw a fall in occupancy, with a 1.3 per cent quarter-on-quarter (qoq) decline in total portfolio occupancy. Australia saw the biggest decrease, falling 3.3 per cent qoq to 89.2 per cent. Units of Clar closed up 0.8 per cent or S$0.02 at S$2.68 on Monday.
Amara: Hwa Hong, Wing Tai, Teo family consortium on Monday launched a bid to take Amara private at S$0.895 a share. The offer is final…
