---
title: "Stocks to watch: Keppel, FCT, Clas, KIT, ESR-Reit, Kore US Reit, Ever Glory, UIB Reit"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293988381.md"
description: "Keppel plans to monetize up to 10 oil rigs via a new private fund, divesting six operational rigs for ~S$1.2 billion, potentially raising S$3.9 billion in funds under management. Meanwhile, Frasers Centrepoint Trust reported 99.6% occupancy in its retail portfolio for Q3, down slightly from previous quarters."
datetime: "2026-07-28T00:41:47.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293988381.md)
  - [en](https://longbridge.com/en/news/293988381.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293988381.md)
generator: "portal-rs"
---

# Stocks to watch: Keppel, FCT, Clas, KIT, ESR-Reit, Kore US Reit, Ever Glory, UIB Reit

\[SINGAPORE\] The following companies saw new developments that may affect trading of their securities on Tuesday (Jul 28):

Keppel : The asset manager on Monday said that it intends to monetise up to 10 oil rigs through a new private fund, starting with the divestment of six operational rigs for around S$1.2 billion. Keppel noted that it expects to receive a cash consideration of about S$611 million from the initial divestment through its indirect subsidiary Rigco. It added that the transaction is expected to raise its funds under management by roughly S$3.9 billion. Shares of Keppel fell 0.9 per cent or S$0.10 to end at S$11.35 on Monday, before the announcement.

Frasers Centrepoint Trust (FCT) : Committed occupancy in the retail portfolio of FCT reached 99.6 per cent in the third quarter ended Jun 30, the manager said on Monday. This was a 0.2 percentage point decrease quarter on quarter, and a 0.3 percentage point decrease year on year. Units of FCT closed 0.4 per cent or S$0.01 lower at S$2.26 on Monday, before the business update.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**