THE following companies saw new developments that may affect trading of their securities on Wednesday (Nov 6):
Singtel: A China state-linked hacking group that breached the telco giant in June was part of a global campaign targeting telco companies and critical infrastructure operators, reported Bloomberg News on Tuesday. The breach is thought to have been a test by China for future cyberattacks on US telco firms, the news outlet said. Shares of Singtel closed up 1.3 per cent or S$0.04 at S$3.16 on Tuesday.
Prudential: The insurer’s new business profit was up 11 per cent, on a constant exchange rate basis, at US$2.35 billion for the nine months ended September 2024. On Wednesday, the group said that its multi-channel distribution model has driven broad-based new business profit growth across regions, including Greater China, Asean and Africa. Shares of Prudential ended Tuesday flat at US$8.65 on the Singapore Exchange.
