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STOCKS TO WATCH TODAY 29-JAN 2013
FRASER AND NEAVE LTD
Fraser and Neave Ltd's entire board of directors intend to resign after a takeover offer by Thailand's third-richest man closes on Feb. 4, they said before a shareholder meeting on Tuesday.
MAPLETREE COMMERCIAL TRUST
Mapletree Commercial Trust, which owns shopping malls and offices, secured a term loan and revolving credit facilities of S$461.8 million, which would partially finance the acquisition of an office building in Singapore.
ASCENDAS HOSPITALITY TRUST
Ascendas Hospitality Trust said its third-quarter distributable income was S$12.5 million, 3.6 percent higher than its forecast. It now has 10 hotels across Australia, China and Japan, the company added.
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