SG stocks Wednesday: CapitaLand Investment, Keppel, Don Agro, Swiber, NutryFarm

CLI’s portfolio of assets include new economy assets in its core markets of Singapore, China and India, such as Grade A office developments Capital Tower and 79 Robinson Road (pictured). Credit: CapitaLandCLI’s portfolio of assets include new economy assets in its core markets of Singapore, China and India, such as Grade A office developments Capital Tower and 79 Robinson Road (pictured). Credit: CapitaLand

Singapore companies in focus on Wednesday, 1 June 2022:

  • CapitaLand Investment plans large greenhouse gas cuts by 2030
  • Keppel files for arbitration over Doha sewage project
  • Don Agro: Quadrupled organic wheat acreage

Others: GoTo, Monetary Authority of Singapore (MAS), Swiber Holdings and NutryFarm International.

CapitaLand Investment plans large greenhouse gas cuts by 2030

  • CapitaLand Investment plans to cut its scope one and two greenhouse gas emissions by 46 percent by 2030, above its previous 28 percent target, compared with a pre-Covid 2019 base year, the real estate investment manager (REIM) said Tuesday.

Keppel files for arbitration over Doha sewage project

  • Keppel Corp. has filed a request for arbitration against the Qatar Public Works Authority (PWA) over a 2007 contract for the design, build, operation and maintenance of the Doha North Sewage Treatment Works (DNSTW) project, the company said in a filing to SGX Tuesday.

Superapp GoTo’s Fintech Growth Surges

  • Indonesian superapp GoTo’s fintech saw its growth climb in the first quarter.

Singapore Central Bank Launches Digital Asset Pilot Program

  • The Monetary Authority of Singapore (MAS) has launched a program to pilot use cases for digital assets.

Don Agro: Quadrupled organic wheat acreage

  • Don Agro International said Tuesday it has quadrupled the planted acreage for organic wheat cultivation to 44 hectares, up from 11 hectares in the pilot project in 2020.

Swiber: Completed internal restructuring

  • Swiber Holdings said Tuesday it has completed the internal restructuring of the company as part of the proposed US$200 million investment from Rawabi Holding.

NutryFarm reports fiscal 2Q swung to net loss

  • NutryFarm International reported Tuesday its fiscal second quarter swung to a net loss of HK$3.91 million from a year-ago net profit of HK$457,000 amid higher administrative expenses.

SPONSORED: Watches.com entering online watch business just as consumers re-open wallets

  • As the world begins to roll back pandemic restrictions, wallets are opening up — and watches are on consumers’ shopping lists.

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