[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Dec 31):
Sembcorp Industries : The energy player on Wednesday said its acquisition of all of CleanCurrent Renewable Energy’s shares in Puente Al Sol, through its wholly owned subsidiary Sembcorp Energy Philippines, has been “delayed” pending the fulfilment of “certain conditions”. The company added that it will provide further updates “if and when” completion of the acquisition takes place. The acquisition, proposed in January, was for a total consideration of about S$105 million. Shares of Sembcorp rose 0.2 per cent or S$0.01 to close at S$6.01 on Tuesday.
CapitaLand India Trust (Clint): The trust has entered into definitive agreements to divest 20.2 per cent of its stake in three data centre assets under development to the CapitaLand India Data Centre Fund. The divestments have an estimated total purchase consideration of around seven billion rupees (S$99.7 million) and come as part of the trust’s portfolio reconstitution strategy, the trustee-manager said on Wednesday. Units of Clint rose 0.8 per cent or S$0.01 to close at S$1.23 on Tuesday.
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