Stocks to watch: CapitaLand Investment, Mapletree Industrial Trust, Hong Leong Asia, Wing Tai, Metro
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The latest updates on CapitaLand Investment and Mapletree Industrial Trust may influence their stock trading. CapitaLand Investment reported a total revenue of S$487 million for Q1, with fee-related revenue up 10% to S$310 million, while real estate investment revenue fell 14% to S$207 million. Its stock closed at S$2.81, down 0.7%. Mapletree Industrial Trust announced a distribution per unit of S$0.0309, an 8% decrease from last year, and plans to divest S$500 million to S$600 million in North America for sustainable growth. Its units closed at S$2.06, up 0.5%.
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