Stocks to watch: SingPost, CapitaLand Integrated Commercial Trust, Wilmar, Sheng Siong

The following companies saw new developments that may affect trading of their securities on Friday (Sep 26):

Singapore Post (SingPost): The postal service provider on Thursday said it has named Mark Chong as its group chief executive officer, with his appointment effective Nov 1. He is currently Singtel’s group chief corporate officer – a role he was designated in January this year. He is also a board member of the Civil Aviation Authority of Singapore and chairman of the regulator’s Cyber and Data Governance Committee. Shares of SingPost closed flat at S$0.425, before the announcement.

CapitaLand Integrated Commercial Trust (CICT): The manager announced on Thursday that CICT’s wholly owned subsidiary CMT MTN has issued S$300 million worth of fixed rate notes to institutional and accredited investors. The notes were issued under the US$7 billion euro medium-term note programme established in March 2010. They will mature on Sep 27, 2032, and will bear interest at 2.25 per cent per annum, payable semi-annually. Units of CICT ended 1.3 per cent or S$0.03 lower at S$2.26, before the announcement.