<div id="readability-page-1"><div>[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Aug 13):Wilmar International: The agribusiness group on Tuesday posted a net profit of US$594.9 million for H1, up 2.6 per cent from US$579.6 million in the year-ago period. This was attributed to stronger performances in its plantation and sugar milling, which rose on the back of higher palm oil prices and fresh fruit bunch production. Shares of Wilmar closed flat at S$2.97 on Tuesday, before the announcement. CapitaLand Investment (CLI): It will invest more than 192 billion rupees (S$2.8 billion) in Maharashtra by 2030 to deepen its presence in the key Indian markets of Mumbai and Pune, CLI said on Tuesday at the launch of its first India data centre in Navi Mumbai. The planned investments are an “integral part” of CLI’s wider growth strategy for India, where it aims to expand its funds under management from more than S$8 billion currently to around S$15 billion by 2028. CLI shares closed 0.7 per cent or S$0.02 lower at S$2.75 on Tuesday. City Developments Ltd (CDL): It posted a 3.9 per cent year-on-year rise in its first-half net profit to S$91.2 million on Wednesday, up from S$87.8 million in the previous corresponding period. This translates to a basic earnings per share (EPS) of S$0.097, compared with S$0.092 in the year-ago period. The board proposed a final dividend of S$0.03 per share, a slight increase from S$0.02 a year prior. The property development segment was once again the largest revenue contributor with a 24.3 per cent jump. The counter closed flat at S$6.35 on Tuesday before the announcement.Yangzijiang Financial: The investment management company on Tuesday posted a 28 per cent rise in net profit to S$137.7 million for its H1, from S$107.4 million in the year-ago period. This was largely driven by the reversal of credit loss allowances, higher contributions from maritime joint ventures and net foreign exchange gains. The group said that the subsidiary which it is proposing to spin-off, YZJ Maritime Development, intends to raise up to S$250 million through the placement of new shares to accredited investors and institutional investors. The counter ended S$0.015, or 1.5 per cent, higher at S$0.99 on Tuesday. Haw Par Corporation: The Tiger Balm ointment maker posted an 18.2 per cent rise in net profit to S$144.1 million for its first half ended June, from S$122 million in the previous corresponding period. H1 revenue rose 7 per cent to S$126.3 million, from S$118.1 million a year earlier, as demand for healthcare products remained resilient. Shares of Haw Par closed S$0.19 or 1.3 per cent lower at S$14.13 on Tuesday, before the results were released.Hong Leong Asia: The group posted a 13.1 per cent rise in net profit to S$56 million for the first half ended June, from S$49.5 million in the year-ago period. This was mainly due to the strong performance of its subsidiary Yuchai, as well as higher precast concrete volumes, the company said on Tuesday. Shares of Hong Leong Asia closed 1.1 per cent or S$0.02 higher at S$1.86 on Tuesday, before the release of the results.ValueMax Group: The group on Tuesday posted a net profit of S$48 million for H1, up 35.5 per cent from S$35.4 million in the year-ago period. This was attributed to “robust performance” across all its core business segments – pawnbroking, moneylending, gold and jewellery retail and trading. Revenue rose 16.8 per cent to S$268.3 million, from S$229.8 million previously. Shares of ValueMax closed S$0.05 or 6.6 per cent higher at S$0.805 before the announcement on Tuesday. Prime US Reit: Its H1 2025 distribution per unit declined 33.3 per cent to US$0.0012, from US$0.0018 in the year-ago period. Income available for distribution slid 28.6 per cent to US$16.7 million, from US$23.3 million. The manager attributed the drop to the divestment of One Town Center, an office tower in Florida, in July 2024 as well as higher finance expenses. Units of Prime US Reit closed up 0.6 per cent or US$0.001 at US$0.174 on Tuesday, before the announcement. Trading halt: Ascent Bridge called for a trading halt at 12.05 pm on Tuesday, pending the release of an announcement. Its shares ended the day 1.4 per cent or S$0.01 lower at S$0.68.</div></div>

The following companies have notable updates affecting their stock: Wilmar International reported a 2.6% increase in H1 net profit to US$594.9 million. CapitaLand Investment plans to invest S$2.8 billion in India by 2030. City Developments saw a 3.9% rise in H1 net profit to S$91.2 million. Yangzijiang Financial's net profit rose 28% to S$137.7 million. Haw Par Corporation's net profit increased 18.2% to S$144.1 million. Hong Leong Asia's net profit rose 13.1% to S$56 million. ValueMax Group's net profit surged 35.5% to S$48 million. Prime US Reit reported a 33.3% decline in H1 distribution per unit.

Stocks to watch: Wilmar, CapitaLand Investment, City Developments, Yangzijiang Financial, Haw Par Corp