Stocks in Singapore closed 0.56% higher on Thursday following positive US jobs data. The Straits Times Index rose 17.63 points to end at 3,147.12. Here are some stocks to watch this Friday morning:
United Engineers said it plans to sell its mixed-use development, UE BizHub East, in Changi Business Park for $518 million. The company had signed a conditional put and call option agreement with Viva Industrial Trust Management for the sale of the property.
Myanmar-focused Yoma Strategic said it has received an approval-in-principle from the Singapore Exchange for the listing of up to 289.3 million rights shares on the bourse.
Singapore-listed Chinese property developer Yanlord said it sold 94.3%, or 336 of the 356 apartment units, at the launch of the third phase of Nanjing Yanlord Yangtze Riverbay Town. The company achieved pre-sales of 1.209 billion yuan ($252 million) over two days.
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