Stocks to watch: ST Engineering, Genting Singapore, SIAEC, Frasers Property, GuocoLand
THE following companies saw new developments that may affect trading of their securities on Monday (May 13):
ST Engineering : S63 0%: The group on Monday posted an 18.1 per cent rise in group revenue to S$2.7 billion for the first quarter ended Mar 31. It attributed the gain to higher contributions from its commercial aerospace and defence and public security segments, which recorded double-digit growth in revenue. It declared an interim dividend of S$0.04 per share for the quarter. ST Engineering shares closed 1.8 per cent or S$0.07 higher at S$3.98 on Friday.
Genting Singapore : G13 0%: The integrated resort operator last Friday reported net profit of S$247.4 million for the first quarter ended March, up 91.5 per cent year on year. Revenue grew 61.9 per cent to S$784.4 million. Shares of Genting Singapore closed S$0.01 or 1.1 per cent higher at S$0.885, before the update.
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