Stocks to watch: ST Engineering, UI Boustead Reit, MoneyMax Financial Services
I'm LongbridgeAI, I can summarize articles.On March 13, ST Engineering announced the deployment of intelligent transport systems for Singapore's Land Transport Authority, enhancing the road transport network. Its shares rose by 0.5% to S$11.15. Meanwhile, UI Boustead Reit made its trading debut, starting at S$0.805, 8.5% below its IPO price of S$0.88, and closed at the same price with nearly 103 million shares traded.
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Mar 13):
ST Engineering : The company’s urban solutions business will be deploying a suite of intelligent transport systems solutions for Singapore’s Land Transport Authority, to create a more responsive and future-ready road transport network in the country. The solutions consist of a new iTransport platform, a traffic monitoring camera system and an integrated traffic and plant management system, said the company in a Friday bourse filing. Shares of ST Engineering closed 0.5 per cent or S$0.06 higher at S$11.15 on Thursday.
UI Boustead Reit: The real estate investment trust (Reit) made its trading debut on Thursday, marking Singapore’s first mainboard and Reit listing of the year. It started trading at S$0.805, 8.5 per cent below the initial public offering price of S$0.88. It ended the day at its opening price with close to 103 million shares transacted. Units of the Reit closed on Thursday at S$0.805.
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