SG stocks Tuesday: Frasers Hospitality Trust, Keppel Infrastructure Trust, Pegasus Asia

Sign at Frasers Tower, owned by Frasers PropertySign at Frasers Tower, owned by Frasers Property

Singapore companies in focus on Tuesday, 14 June 2022:

  • Frasers Property proposes taking Frasers Hospitality Trust private
  • Keppel Infrastructure Trust ties up with Jinko Power
  • EC World REIT enters deal to divest two assets
  • Pegasus Asia: Only in preliminary talks on potential deal
  • Reenova Investment: Chairman Chen Tong has died

Frasers Property proposes taking Frasers Hospitality Trust private

Frasers Hospitality Trust offer’s premium only OK: Analyst

Frasers Hospitality Trust holders should accept offer: Maybank

Keppel Infrastructure Trust ties up with Jinko Power

  • Keppel Infrastructure Trust (KIT) has signed an non-binding memorandum of understanding (MOU) with Jinko Power (HK) to study investments in solar farms and energy storage, the trust said in a filing to SGX Monday.

Pegasus Asia: Only in preliminary talks on potential deal

  • Pegasus Asia is only in preliminary talks on a potential business combination, with no binding agreement on substantive terms, the special purpose acquisition company (SPAC) said in a filing to SGX Monday.

EC World REIT enters deal to divest two assets

  • EC World REIT has entered a non-binding memorandum of understanding (MOU) with substantial unitholder Forchn International (FIPL) to divest two assets, the REIT said in a filing to SGX Monday.

Reenova Investment: Chairman Chen Tong has died

  • Reenova Investment‘s Executive Chairman Chen Tong, age 57, died on 11 June, the company said in a filing to SGX Monday.

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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