Penny Stocks to Watch Today 23-Oct

FRASERS CENTREPOINT TRUST

Frasers Centrepoint Trust, which owns shopping malls, said its fourth quarter distribution per unit was 2.71 Singapore cents, 15.3 percent higher than a year ago, helped by higher gross revenue and net property income.

CAPITARETAIL CHINA TRUST

CapitaRetail China Trust, which owns shopping centers in China, recorded a distribution per unit of 2.42 Singapore cents for the third quarter, up 14.2 percent from 2.12 Singapore cents a year earlier, helped by higher shopper traffic and tenant sales.

RAFFLES MEDICAL GROUP LTD

Raffles Medical Group said its net profit in the third quarter rose 7 percent to S$12.7 million from a year ago, boosted by higher revenue from its hospital and healthcare services divisions.

OVERSEAS UNION ENTERPRISE LTD

Property developer Overseas Union Enterprise said it has priced a S$200 million bond due in 2019 at a coupon of 4.25 percent.