SG stocks Friday: Keppel, JB Foods, ADDX, Yoma, AEM

Singapore companies in focus on Friday, 24 June 2022:

• Keppel and Electricite du Laos enter power-purchase deal
• JB Foods expands cocoa processing to Ivory Coast
• Singapore’s luxury homes fetch megabucks rents
• China Construction Bank ties up with ADDX

Keppel and Electricite du Laos enter power-purchase deal

• Keppel Corp. and Electricite du Laos (EDL) have signed an initial two-year power-purchase deal for importing renewable energy from Laos into Singapore, according to a filing to SGX Thursday.

JB Foods expands cocoa processing to Ivory Coast

• JB Foods has broken ground on a cocoa processing facility in Abidjan, Ivory Coast, marking an expansion aimed at putting processing facilities at the source, the cocoa-ingredient processor said in a filing to SGX Thursday.

Singapore’s luxury homes fetch megabucks rents

• Rents for Singapore’s luxury homes have surged into the millions of dollars a year, EdgeProp reported.

China Construction Bank ties up with ADDX

• China Construction Bank has tied up with digital securities exchange ADDX to work on helping mainland investors make investments overseas.

Singapore company briefs

• SG brief: Yoma Strategic and Telenor
• SG brief: Keppel Corp.
• SG brief: Sinjia Land and BINEX

Stake Changes

• Stake changes: United Hampshire US REIT
• Stake changes: AEM Holdings and Malaysia’s EPF