Stocks to watch: Sembcorp, CapitaLand India Trust, ValueMax, Keppel Pacific Oak US Reit, SUTL
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Sembcorp Industries announced a delay in its acquisition of CleanCurrent Renewable Energy’s shares in Puente Al Sol, pending certain conditions. The acquisition, valued at approximately S$105 million, was proposed in January. Meanwhile, CapitaLand India Trust has agreed to divest 20.2% of its stake in three data center assets to the CapitaLand India Data Centre Fund for around seven billion rupees (S$99.7 million) as part of its portfolio strategy. Sembcorp's shares rose 0.2% to S$6.01, while CapitaLand India Trust's units increased by 0.8% to S$1.23.
Source: Businesstimes The copyright of this article belongs to the original author/organization.
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