Stocks to watch: Prudential, Keppel, Suntec Reit, Aztech Global
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On January 22, Prudential announced it will pay RM1.5 billion to increase its stake in Prudential Assurance Malaysia to 70%. Keppel signed a term sheet with a global telecom to lease a fibre pair on the Bifrost Cable System for 25 years. Prudential shares closed flat at US$13.89, while Keppel shares rose 1.5% to S$10.89 before the announcements.
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