Tuesday, April 22, 2014

Apr 22: MapletreeLog, Ascendas REIT, Boustead Singapore

Singapore share prices ended mixed on Monday on the back of weak trading activity following the Easter holiday. The blue-chip Straits Times Index (STI) rose 0.06% or 2.03 points to end at 3,255.83. Here are some stocks that could move the market this morning:

Mapletree Logistics Trust posted a distribution per unit (DPU) of 1.89 cents for its fourth quarter ended March 31, 2014, up from 1.73 cents a year earlier.

Ascendas REIT posted a distribution per unit (DPU) of 3.55 cents for its fourth quarter ended March 31, 2014, a 16% increase from 3.06 cents a year ago.

Boustead Singapore, the infrastructure-related engineering service provider, said on Monday that it has started "certain discussions" to enhance shareholders' value after being queried by SGX for unusual movements in its stock price.

Heliconia Capital Management, which manages the Singapore government's co-investment programme for small- and medium-sized enterprises, has invested an undisclosed sum of money in FNA Group International, the owner of The Cocoa Trees chain of chocolate stores.

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