Singapore stock watch: Mapletree NAC Trust, Ascendas India Trust, Aspial, Willas-Array, GS

SINGAPORE - The following companies saw new developments that may affect trading of their shares on Wednesday :

Ascendas India Trust : a-iTrust on Wednesday said it has raised $150 million in gross proceeds from its upsized private placement, which was 4.1 times subscribed. The issue price was fixed at $1.508 per new unit, the top end of the $1.465 to $1.508 range announced on Tuesday. The counter closed at $1.54 on Monday, and the manager has called for the lifting of a trade halt requested on Tuesday morning.

Willas-Array Electronics : Hong Kong-based electronics distributor Willas-Array Electronics saw its second quarter net loss widen to HK$31.25 million from HK$230,000 a year earlier. The counter closed flat at 45.5 cents on Tuesday before the results were announced.

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