<div id="readability-page-1"><div><p>[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Dec 29):</p><p> Keppel ,  Keppel Data Centre Real Estate Investment Trust (Keppel DC Reit) : The two entities said on Dec 26 that the authorities have conditionally green-lit a 10-year lease extension for Keppel Data Centre Campus, which is owned by a Keppel-led joint venture (JV). This is part of a deal announced in November 2024 for the Reit to acquire two hyperscale data centres from the JV. Under the deal, the Reit will pay the JV S$350 million upon approval of the lease extension. Keppel shares closed Friday 1 per cent or S$0.10 down at S$10.25, after the news; units of Keppel DC Reit finished the day flat at S$2.21.  </p><p>Frasers Property ,  Thai Beverage (ThaiBev) : Frasers Property Holdings (Thailand), a Frasers Property subsidiary, has agreed to lend around 938.6 million baht (S$37.7 million) to Must Be Company, a JV between Frasers Property Technology (Thailand) and two wholly owned units of ThaiBev. The sum comprises a loan facility of up to 349.3 million baht and a separate amount of 589.3 million baht. The capital injections will support the JV’s purpose of advancing the technology and digitalisation of both the Frasers Property and ThaiBev groups. Shares of Frasers Property ended Friday flat at S$1.14, before the news; shares of ThaiBev closed Friday S$0.005 or 1.1 per cent higher at S$0.46.</p></div></div>

AJBU

<p>Keppel and Keppel DC Reit received conditional approval for a 10-year lease extension for Keppel Data Centre Campus, part of a deal for the Reit to acquire two data centres for S$350 million. Keppel shares fell 1% to S$10.25, Keppel DC Reit remained flat at S$2.21. Frasers Property will lend 938.6 million baht to a JV with ThaiBev to advance technology and digitalisation. Frasers Property shares were flat at S$1.14, ThaiBev shares rose 1.1% to S$0.46.</p>

Stocks to watch: Keppel, Keppel DC Reit, Frasers Property, ThaiBev