Stocks to watch: Singtel, CapitaLand Investment, GHY Culture, Dasin Retail Trust

The following companies saw new developments that may affect trading of their securities on Tuesday (Jul 22):

Singtel: Its wholly owned subsidiary Singtel Optus on Monday priced S$160 million in fixed-rate notes due Jul 25, 2035, at 2.726 per cent. The notes, guaranteed by Optus and certain subsidiaries, will be issued on Jul 25 under Optus Finance’s three billion euro (S$4.5 billion) medium-term note programme. Singtel shares closed 0.5 per cent or S$0.02 lower at S$4.15, before the announcement.

CapitaLand Investment (CLI): Its subsidiary, Bursa Malaysia-listed CapitaLand Malaysia Trust, posted a distribution per unit of 1.18 sen for the second quarter ended Jun 30, 2025, up 0.9 per cent from the year-ago period. This came as it saw positive rental reversions and income contribution from a logistics property, its manager said in a Monday evening bourse filing. CLI shares ended Monday 0.7 per cent or S$0.02 higher at S$2.77.

GHY Culture & Media: The company on Monday announced its tie-up with leading Chinese online entertainment service provider iQiyi to produce two short-form dramas. The collaboration aligns with GHY’s business strategies and growth plans to create more monetisation opportunities, said the company, adding that it will further diversify its portfolio of entertainment products and distribution channels. The counter closed flat at S$0.161, before the announcement.

Dasin Retail Trust: Trading in its units has been suspended on the Singapore Exchange as the business trust is unable to comply with listing rules requiring the timely release of its financial results and the holding of annual general meetings, said the trustee-manager on Monday. This comes as the management team of Dasin Retail Trust’s China units has stopped providing key financial documents required for the preparation of the group’s annual financial statements since the third quarter of 2023. Units of Dasin Retail Trust closed flat at S$0.02, after the announcement.

Trading halt:Aoxin Q&M Dental called for a trading halt on Tuesday morning pending the release of an announcement. The counter closed on Monday 8 per cent or S$0.004 lower at S$0.046.

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