XTLB

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Nov 2):

Wilmar : The palm and oil company sold fertilisers and diesel products for heavy equipment to six companies in Indonesia that have been issued notices under Singapore’s haze law, the agribusiness disclosed in a bourse filing on Saturday. The revenue for such sales amounted to 371,289.9 million rupiah (US$22.5 million) for the financial year ended Dec 31, 2025, it said, responding to queries from Singapore Exchange Regulation. Wilmar shares ended Friday at S$3.01, down by S$0.10 or 3.2 per cent.

Keppel : The asset manager and operator announced on Monday that its indirect subsidiary RigCo has secured a five-year charter extension worth about US$51 million (S$65 million) for its AD110 offshore drilling rig with Arabian Drilling Company. The extension runs from 2026 to 2030. The rig is among six operational rigs earmarked for divestment to Keppel Offshore Fund under the group’s S$3.7 billion legacy rig monetisation programme. The agreement is not expected to have any material impact on Keppel’s earnings per share or net tangible assets per share for the current financial year. Shares of Keppel closed 1.5 per cent or S$0.15 lower at S$10.09 on Friday.

Nio : The Chinese electric vehicle maker said on Sunday it delivered 34,246 vehicles in October 2026, comprising 18,125 vehicles under its Nio brand, 8,383 under Onvo and 7,738 under Firefly. Deliveries for the first 10 months of the year rose 38.5 per cent year on year to 334,547 vehicles, bringing cumulative deliveries to 1.33 million as at Oct 31. Shares of Nio closed 0.3 per cent or US$0.01 higher at US$3.28 on Friday.

Lendlease Global Real Estate Investment Trust (Reit) : The mainboard-listed Reit on Friday posted a slight dip in its committed portfolio occupancy at 94.4 per cent for the first quarter ended Sep 30, down from 94.6 per cent the previous quarter. This was mainly due to temporary vacancies from ongoing space reconfiguration works at PLQ Mall, said the Reit’s manager in an evening business update released on the local bourse. Lendlease Reit units ended Friday flat at S$0.545 before the announcement.

Alpha Integrated Real Estate Investment Trust (Reit) : The manager of the trust announced on Monday that chief executive Karen Lee Kiah Ling will step down with effect from the same day to pursue other professional interests. Its chief financial officer, Goo Li Ling, has been appointed CEO-designate and will assume the role upon receiving approval from the Monetary Authority of Singapore. Lee will remain with the manager until Mar 31, 2027 to assist with the leadership transition. Units of Alpha Integrated Reit ended flat at S$0.475 on Friday.

Daiwa House Logistics Trust : The manager of the trust announced on Friday plans to divest DPL Sendai Port for 13.5 billion yen (US$85.9 million) and use part of the proceeds to acquire DPL Hiroshima Itsukaichi Port for about 8.2 billion yen. The divestment price represents a 2.7 per cent premium to the average of two independent valuations, while the acquisition price is at a 16.7 per cent discount to an independent valuation, both as at Sep 30. The counter ended Friday at S$0.41, up 1.2 per cent or S$0.005, before the announcement.