UPDATE: SG stocks Tuesday: Keppel DC REIT, SembMarine, Figtree, Allied Technologies

Johan Castberg FPSO departing Sembcorp Marine Tuas Boulevard Yard following completion of the FPSO hull and living quarters in early 2022. Credit: Sembcorp Marine (SembMarine)Johan Castberg FPSO departing Sembcorp Marine Tuas Boulevard Yard following completion of the FPSO hull and living quarters in early 2022. Credit: Sembcorp Marine (SembMarine)

Singapore companies in focus on Tuesday, 21 June 2022:

  • Keppel DC REIT to acquire two China data centers
  • Dasin Retail Trust gets loan extensions
  • SembMarine reiterates Keppel O&M merger reasoning
  • Figtree lands S$20M contract to build facility for solar company
  • Allied Technologies gets takeover offer

This item was originally published on Monday, 20 June 2022 at 22:08 SGT; it has since been updated to include Dasin Retail Trust.

Keppel DC REIT to acquire two China data centers

  • Keppel DC REIT has entered a deal to acquire two data centers in Jiangmen, Guangdong Province, in China from Guangdong Bluesea Mobile Development for CNY1.38 billion, or around S$297.1 million, the REIT said in a filing to SGX Monday.

SembMarine reiterates Keppel O&M merger reasoning

  • In response to additional shareholder questions, Sembcorp Marine reiterated the reasoning for its planned combination with a restructured Keppel Offshore & Marine in a filing to SGX Monday.

Dasin Retail Trust gets loan extensions

  • Dasin Retail Trust reported Monday that outstanding loans of S$499.52 million have been granted an extension of around six months to 31 December 2022.

Figtree lands S$20M contract to build facility for solar company

  • Figtree Holdings has landed a CNY95 million (S$20 million) contract to build an industrial facility in China for photovoltaic company Leapton New Energy (Changshu), the company said in a filing to SGX Monday.

Allied Technologies gets takeover offer

Executive moves

Singapore company briefs