Stocks to watch: CapitaLand Investment, Nio, Japfa, Stoneweg E-Reit, Grand Venture, Frencken

Businesstimes
2025.06.04 00:35
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On June 4, several companies announced significant developments affecting their stocks. CapitaLand Investment proposed a placement of up to 435.4 million new units to raise RM 250 million. Nio reported a net loss of US$949.6 million for Q1 2025, despite a 40.1% increase in vehicle deliveries. Japfa will be delisted from SGX on June 6, 2025, after a successful privatization scheme. Stoneweg E-Reit will convert into a stapled group, trading as Stoneweg Europe Stapled Trust from June 16, 2025. Grand Venture reported a 27.7% increase in Q1 net profit, while Frencken plans to invest S$63 million in a new manufacturing facility.