Stocks to watch: Mapletree Logistics Trust, Del Monte, Sasseur Reit, Global Invacom, Mary Chia

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Mapletree Logistics Trust :

The trust is looking to acquire an effective interest of 98.47 per cent in a freehold logistics property in Kobe, Japan, for some 22.2 billion yen , MLT’s manager said on Tuesday morning. MLT units closed at S$1.83 on Friday, up S$0.01 or 0.5 per cent.The mainboard-listed food and beverage company on Friday evening said it has entered into an agreement for the proposed

in its indirect wholly-owned subsidiary Del Monte Philippines Inc for US$130 million. Shares of Del Monte Pacific were down 0.3 Singapore cent or 2.1 per cent at 14.1 cents at Friday’s close.In response to the coronavirus spread in China, Sasseur Reit’s manager hasin the country, it announced on Tuesday. Two of them, in Chongqing and Bishan, have been closed from Jan 26, while the other two malls, in Hefei and Kunming, have been closed from Jan 27. Units of Sasseur Reit ended trading at 87.

Source: News Formal (newsformal.com)

 

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