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THE following companies saw new developments that may affect trading of their securities on Friday (Aug 23):
Marco Polo Marine: The integrated marine logistics company on Thursday posted a 2.6 per cent rise in gross profit to S$14.6 million for the third quarter ended Jun 30, 2024, from S$14.2 million for the same period last year. This was despite a 4.6 per cent decline in revenue to S$34.9 million. Shares of the mainboard-listed company closed 3.9 per cent or S$0.002 higher at S$0.054, before the update.
CapitaLand India Trust (Clint): The trustee-manager said on Thursday it has priced S$150 million notes at 3.7 per cent per annum. The interest on the notes, which are due in 2027, will be payable semi-annually in arrear. They are expected to be rated “BBB-” by Fitch Ratings. Units of Clint closed at S$1.08, down 0.9 per cent or S$0.01, before the announcement.
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