Keppel, CapitaLand Investment, CDL Hospitality Trusts, UOB, Wee Hur

The following companies saw new developments that may affect trading of their securities on Tuesday (Nov 25):

Keppel: It has inked a deal with JTC to embark on a 2026 study that focuses on a microgrid testbed for renewables and trials demand-response solutions. The trials involve incentivising customers to shift electricity demand to non-peak periods to reduce strain on the power grid. JTC and Keppel will also study thermal network systems that minimise energy use for cooling facilities like data centres. Keppel shares closed Monday 2.6 per cent or S$0.26 higher at S$10.13, before the news.

CapitaLand Investment (CLI): The asset manager will partner Malaysian developer Coronade Properties to shape the retail vision for Coronation Square Mall. The mall will be built in Coronation Square, a RM$5 billion (S$1.5 billion) integrated development in the Johor-Singapore Special Economic Zone. Construction is set to start next year and to complete in 2029. This comes as CLI’s lodging unit, The Ascott Limited, was appointed to manage the hotel component of Coronation Square in August. CLI shares rose 1.2 per cent or S$0.03 to S$2.63 on Monday, before the announcement.

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