<div><div><p>[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (May 6).</p><p>Sinarmas Land: W Capital, the independent financial advisor (IFA) appointed by Sinarmas Land to opine on its privatisation offer by the Widjaja-family linked Lyon Investments, responded to an article by The Business Times<i> </i>and a statement by Sias that were both published on Monday. Both parties had made claims that the IFA’s valuation range of S$0.35 to S$0.361 for shares of Sinarmas Land of was undervalued. W Capital said on Tuesday that it had adopted to most appropriate methodologies in line with conventional industry practice by other IFAs in Singapore. Shares of Sinarmas Land closed at S$0.32 on Monday, up S$0.005 or 1.6 per cent.</p><p>Frasers Hospitality Trust (FHT): The stapled securities group on Tuesday posted a 6 per cent drop in distribution per stapled security to S$0.010257 for its first half year ended Mar 31, from S$0.01091 in the corresponding year-ago period. This decline was attributed to lower net property income and higher finance costs arising from the refinancing of borrowings in a higher interest rate environment. The distribution will be paid on Jun 27, after the record date on May 15. Stapled securities of FHT closed S$0.01 or 1.5 per cent lower at S$0.65 on Monday.</p><div><div><div><div id="dfp-ad-imu1"></div></div></div></div><p>Procurri Corp: The IT solutions provider has appointed Evolve Capital Advisory as the IFA for the acquisition offer from parent company Exeo Global Asset Holdings amid a potential delisting from the Singapore Exchange. The mainboard-listed company said on Monday that the IFA will advise its independent directors, who will make a recommendation to shareholders on the proposed acquisition. Procurri and Exeo Global Asset Holdings announced the proposed acquisition on Apr 28 for the latter to acquire all of Procurri’s shares, except those it already holds and any treasury shares, for S$0.32 in cash per share. The offer price represents a 77.8 per cent premium to Procurri’s traded price on Apr 25, when the company requested a trading halt after the market closed. Its shares closed flat at S$0.30 on Monday.</p></div><div><section><section><p>Copyright SPH Media. All rights reserved.</p><div>Reuse this contentFeedback</div></section></section></div><div><div><div><div id="dfp-ad-imu1"></div></div></div></div></div>

金光置地

Procurri 奇益

<p>在 5 月 6 日，新加坡的幾家公司經歷了顯著的發展。金光置地的獨立財務顧問在被指控低估估值的情況下為其估值辯護，股價收於 0.32 新元。豐樹酒店信託報告稱，由於淨物業收入下降和融資成本上升，分配給每個合併證券的金額下降了 6%，為 0.010257 新元，股價收於 0.65 新元。Procurri Corp 任命 Evolve Capital Advisory 作為其獨立財務顧問，以支持 Exeo Global Asset Holdings 的擬議收購，股價收於 0.30 新元</p>

值得關注的股票：金光置地、Frasers Hospitality Trust、Procurri 奇益