SG Morning Highlights | Singapore Plans to Raise Another $1.3 Billion via Its Green Bond

Singapore shares opened slightly lower on Wednesday. The $FTSE Singapore Straits Time Index(.STI.SG)$ lost 0.08 per cent to 3,157.34 as at 9.04 am.

$Seatrium(S51.SG)$ : Seatrium Group's unit Seatrium New Energy, formerly known as Keppel Fels, on Tuesday (Aug 22) delivered its second jackup rig to Adnoc Drilling. Announcing this in a bourse filing, the Singapore-based shipbuilder, which was renamed from Sembcorp Marine, said this was significant as the rig, called AlSila, was delivered on schedule, showcasing the group’s ability to “deliver world-class assets on time and on budget”.

$ComfortDelGro(C52.SG)$ : ComfortDelGro on Tuesday (Aug 22) said it will pay out its interim dividend of S$0.029 per ordinary share a day earlier than planned, because the original payment date – Sep 1 – has been declared a public holiday for the Presidential Election. The interim dividend, for its financial year ending Dec 31, 2023, was declared on Aug 14. The land transport company said the dividend would be issued on the back of its strong performance for its fiscal half ended Jun 30.

$FRASERS PROPERTY LIMITED(TQ5.SG)$ : FRASERS Property has secured a S$1.08 billion five-year green term loan club facility to refinance its maturing term loan facility, due in September, for Frasers Tower. The green loan received strong support from a consortium of seven banks, announced the group on Tuesday (Aug 22). Participating banks, or mandated lead arrangers, are UOB, DBS, OCBC, ICBC, CIMB, RHB and ING.

$Boustead(F9D.SG)$ : A unit of Boustead Singapore has secured a contract related to once through steam generators (OTSGs) worth around S$31 million, the company said on Tuesday (Aug 22). As part of the contract, wholly-owned subsidiary Boustead International Heaters will design, engineer and supply the generators for a floating production, storage and offloading vessel, to be deployed in Latin America. This is the second contract for OTSGs secured by the unit in the past year, and rides on its efforts to bolster its product offerings and enhance capabilities in OTSGs.

$HPL(H15.SG)$ : Hotel Properties Limited, whose managing director Ong Beng Seng is embroiled in a corruption probe, had given S$24.6 million in advances to two jointly controlled entities in which Ong is deemed to have interest, and the amounts were due. Of the amount, S$18.2 million was made to Great Western Enterprises, in which Ong and board member David Fu each has 15 per cent beneficial interest, while some S$6.4 million was made to HPL Dolomites (UK), in which Ong has 20 per cent beneficial interest.