Stocks to watch: Singtel, SembMarine, OUE, Prime US Reit, CSE Global

THE following companies saw new developments that may affect trading of their securities on Thursday:

Singapore Telecommunications (Singtel): Personally identifiable information of 129,000 Singtel customers, including their NRIC numbers, as well as the data of 23 enterprises has been leaked in a cybersecurity breach. The telco said it is reaching out to all affected customers to support them in managing the risks involved. Singtel shares closed at S$2.40 on Wednesday, down S$0.02 or 0.8 per cent, before the announcement.

Sembcorp Marine (SembMarine): The mainboard-listed firm will make material provisions in light of an "adverse impact" on its performance for its fourth quarter ended December and the full year. SembMarine's results are due on Feb 23. The counter closed at 15.9 Singapore cents on Wednesday, down 0.2 cent or 1.2 per cent, before this announcement.

OUE: The property player expects to post a loss after tax for FY2020 ended December, partly due to a fair-value loss from its sale of the US Bank Tower. This reverses the S$321.8 million profit that it posted in FY2019. OUE will release its FY2020 results on Feb 24. Shares of OUE closed at S$1.13 on Wednesday, down S$0.01 or 0.9 per cent, before this filing.

Prime US Reit: A recently-added property and a pick-up in leasing momentum have buoyed office-focused Prime US Reit results amid the Covid-19 pandemic. The Reit posted a distribution per unit of 3.42 US cents for the half year ended December. This is 8.4 per cent higher than the comparable period in 2019, from its July 19 listing date to the year-end. Units of Prime US Reit closed at US$0.81 on Wednesday, up US$0.01 or 1.3 per cent.

CSE Global: The technology solutions provider has secured S$98.4 million in new orders for the fourth quarter ended December, down from S$230.1 million in the year-ago period. This brings its new orders for FY2020 to S$431.5 million, down from S$578.8 million in FY2019. Shares of CSE closed at S$0.50 on Wednesday, down S$0.01 or 2 per cent.

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First Ship Lease Trust (FSL Trust): Two units of FSL Trust have entered into an agreement to sell two vessels to an unaffiliated third party. FSL Trust has received the initial 15 per cent deposit in escrow, while details of the net proceeds will be announced at a later date. Units of FSL Trust closed at eight Singapore cents on Wednesday, up 0.2 cent or 2.6 per cent, before this filing.

Trading halt: Keppel Reit on Thursday morning requested a trading halt, pending the release of announcements. In a bourse filing before market open, the Reit manager announced a proposed private placement to raise at least S$270 million. The majority of the proceeds will be used to partially fund the proposed acquisition of Keppel Bay Tower. Keppel Reit units closed at S$1.19 on Wednesday, up S$0.01 or 0.9 per cent.