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Stocks to watch: CapitaLand Ascendas Reit, Seatrium, Sembcorp, mm2 Asia, Singapore Paincare
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On May 29, several companies in Singapore reported significant developments affecting their stock trading. CapitaLand Ascendas Reit raised S$500 million through a private placement, with shares priced at S$2.47, a 5.2% discount. Seatrium announced a net orderbook of S$21.3 billion, with S$7.1 billion in renewable projects. Sembcorp secured a solar energy storage project in India. mm2 Asia agreed to sell 21.02% of Vividthree Holdings for S$1.7 million. Singapore Paincare received a S$0.16 per share acquisition bid from Advance Bridge Healthcare, valuing it at US$25.7 million.
Source: Businesstimes The copyright of this article belongs to the original author/organization.
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