Stocks to watch: Keppel, Wing Tai, Cosco Shipping, Manulife US Reit, Ley Choon, HPL
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On March 18, Keppel reported that an individual is appealing an Indonesian court's dismissal of a claim for land owned by its subsidiary, but it does not expect a material impact on operations. Keppel's shares rose 3.7% to S$12.76. Wing Tai's subsidiary purchased a freehold land parcel in Kuala Lumpur for RM45 million, intended for residential development, with shares closing up 1.2% at S$1.65.
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