<div id="readability-page-1"><div><p>[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Mar 6):</p><p> Hongkong Land : The property developer’s underlying profit for FY2025 fell 8 per cent on the year to US$458 million from US$499 million in the previous financial year. Revenue declined to US$1.4 billion from US$2 billion previously. Its net profit stood at US$1.3 billion, reversing from a net loss of US$1.4 billion in FY2024. Hongkong Land shares closed on Thursday 2.5 per cent or US$0.20 higher at US$8.15 before the news. </p><p>SIA Engineering ,  CapitaLand Ascott Trust (Clas) : SIA Engineering will replace Clas on the reserve list of the Straits Times Index (STI) on Mar 23, said index administrator FTSE Russell on Thursday. The STI reserve list includes the five highest-ranking non-constituents of the STI by market capitalisation. The index’s 30 constituents will stay unchanged after the latest quarterly review. Stapled securities of Clas closed unchanged at S$0.93 before the news. Shares of SIA Engineering ended 0.9 per cent or S$0.03 lower at S$3.22.</p></div></div>

<p>On March 6, Hongkong Land reported an 8% decline in underlying profit for FY2025 to US$458 million, with revenue dropping to US$1.4 billion. Its net profit rebounded to US$1.3 billion from a loss of US$1.4 billion in FY2024. SIA Engineering will replace CapitaLand Ascott Trust on the STI reserve list on March 23. SIA Engineering shares fell 0.9% to S$3.22, while Clas shares remained unchanged at S$0.93.</p>

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Stocks to watch: Hongkong Land, SIA Engineering, CapitaLand Ascott Trust, CSE Global