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Stocks to watch: SGX, Mapletree Pan Asia Commercial Trust, Boustead Singapore, Jumbo Group

Stocks to watch: SGX, Mapletree Pan Asia Commercial Trust, Boustead Singapore, Jumbo Group

By Swedan Margen

Fashion

The following companies saw new developments that may affect trading of their securities on Tuesday (Jan 20):

Singapore Exchange (SGX): The SGX will expand its current suite of offerings to introduce futures on longer-dated Japanese government bonds (JGB), it announced on Monday. SGX will make 20-year mini JGB futures available for trading on Jan 26, just a few days after the Bank of Japan sets its monetary policy. Shares of SGX closed S$0.09 or 0.5 per cent lower at S$17.61 on Monday, after the news.

Mapletree Pan Asia Commercial Trust (MPACT): The trust, alongside its parent company Mapletree Investments, said in a joint statement on Tuesday that they have appointed SP Group to design, build and operate a new distributed district cooling system at HarbourFront precinct. It will connect five buildings: Bank of America HarbourFront, the new HarbourFront Centre, the existing HarbourFront Towers 1 and 2, and VivoCity. The project will be one of Singapore’s largest brownfield district cooling deployments. Units of MPACT ended Monday at S$1.47 before the news.

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Originally published by businesstimes.com.sg. Syndicated material does not necessarily reflect the views of Grazia British.

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