Monday, September 8, 2025
  • Login
Forbes 40under40
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle
No Result
View All Result
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle
No Result
View All Result
Forbes 40under40
No Result
View All Result
Home Leadership

Stocks to watch: SIA, Boustead

by Yurie Miyazawa
in Leadership
Stocks to watch: SIA, Boustead
Share on FacebookShare on Twitter


[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Jun 13).

Singapore Airlines (SIA): An Air India plane bound for London crashed moments after taking off from the city of Ahmedabad on Thursday and more than 240 casualties have been reported, authorities said. The Boeing 787-8 Dreamliner, with 242 people on board, which was headed for Gatwick Airport, south of the British capital, had only one survivor after it crashed onto a medical college hostel during lunch hour. SIA has a 25.1 per cent stake in the Indian airline after a merger happened in November 2024. Shares of SIA closed 0.4 per cent or S$0.03 lower at S$7.03 on Thursday.

Boustead: The company announced that it is conducting strategic reviews for the sale of its stake in some of its logistics and industrial real estate assets to a real estate investment trust, to be listed on the Mainboard of the Singapore Exchange. The engineering and technology group said on Thursday that the review is part of its “ordinary course of business to periodically consider options and opportunities” in relation to its investments to unlock shareholder value. The counter closed at 0.8 per cent or S$0.01 higher at S$1.25 on Thursday, before the announcement.

Trading halt

Stoneweg European Real Estate Investment Trust (Stoneweg E-Reit): Units of Stoneweg E-Reit will cease to trade on the Singapore Exchange (SGX) on Jun 13 from 5 pm, the company announced on Thursday. Prior to the trading halt announcement, the manager of the Reit announced that it will be converted into a stapled group. Each unit of Stoneweg E-Reit will be stapled to a unit in Stoneweg European Business Trust. It will then form a stapled security in an entity known as Stoneweg Europe Stapled Trust. The stapled securities will be traded on the SGX with effect from Jun 16, 2025, 9 am. The counter ended 0.6 per cent or 0.01 euros higher at 1.59 euros on Thursday.

Copyright SPH Media. All rights reserved.

Tags: BousteadSIAStocksWatch
Yurie Miyazawa

Yurie Miyazawa

Next Post
The Valley’s Zack Wickham Admits He Got Botox in His Scrotum

The Valley's Zack Wickham Admits He Got Botox in His Scrotum

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Forbes 40under40 stands as a distinguished platform revered for its commitment to honoring and applauding the remarkable achievements of exceptional individuals who have yet to reach the age of 40. This esteemed initiative serves as a beacon of inspiration, spotlighting trailblazers across various industries and domains, showcasing their innovation, leadership, and impact on a global scale.

 
 
 
 

NEWS

  • Forbes Magazine
  • Technology
  • Innovation
  • Money
  • Leadership
  • Real Estate
  • Lifestyle
Instagram Facebook Youtube

© 2025 Forbes 40under40. All Rights Reserved.

  • About Us
  • Advertise
  • Contact Us
No Result
View All Result
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle

© 2024 Forbes 40under40. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In