Stocks to watch: Hongkong Land, ComfortDelGro, IReit Global, Coliwoo

The following companies saw new developments that may affect trading of their securities on Friday (Nov 21):

Hongkong Land: The property developer on Thursday reported a 13 per cent drop in underlying profit for the third quarter of FY2025 compared to the year-ago period. This was largely due to lower contributions from its Hong Kong office portfolio and pre-opening costs of its prime properties in China, it said. Shares of Hongkong Land fell 0.5 per cent or US$0.03 to close at US$6.30 on Thursday, before the news.

ComfortDelGro: The transport operator on Thursday announced senior leadership changes, which included the creation of a new “point-to-point mobility officer” role. Derek Koh will step down from his role as chief financial officer (CFO) in the new year and will be replaced by current group deputy CFO, Christopher David White. The group chief point-to-point mobility officer will be filled by Liam Griffin, the group’s current head of point-to-point mobility in the UK and the chief executive of ComfortDelGro’s London subsidiary, Addison Lee. Shares of ComfortDelGro rose 1.4 per cent or S$0.02 to close at S$1.47 before the announcement.

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