Home Capital Stocks To Watch

Stocks to watch: CapitaLand, Straits Trading, Nordic, Clearbridge Health, Sarine Tech, Perennial Real Estate, Sunpower

PC Lee
PC Lee1/5/2018 08:55 AM GMT+08  • 3 min read
Stocks to watch: CapitaLand, Straits Trading, Nordic, Clearbridge Health, Sarine Tech, Perennial Real Estate, Sunpower
SINGAPORE (Jan 5): Here are some stocks that could move the market this Thursday morning:
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

SINGAPORE (Jan 5): Here are some stocks that could move the market this Thursday morning:

CapitaLand has agreed to divest its share of interest in a group of companies that hold an agreed value of RMB8.37 billion ($1.7 billion) through 20 retail assets in China, each with an average gross floor area (GFA) of about 40,000 sqm excluding car parks. The transaction is expected to be completed in 2Q18 and generate for the group net proceeds and a net gain of about $660 million and $75 million respectively. Shares in CapitaLand closed 5 cents higher at $3.66 on Thursday.


See: CapitaLand divests stakes in companies holding 20 retail assets for $75m gain

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now