SINGAPORE - The following companies saw new developments that may affect trading of their securities on Thursday :
Singtel: Fitch Ratings on Wednesday night said Singtel's weaker-than-expected growth prospects and potential for higher capital expenditure for the 5G standalone network in Singapore are likely to reduce visibility on the group's free cash flow. The counter closed at $2.47 on Wednesday, down $0.02 or 0.8 per cent.
Singapore Technologies Engineering : Its subsidiaries have established a $5 billion multicurrency medium-term note programme. Net proceeds will be used to fund new capital expenditures, acquisitions, general corporate purposes and/or refinancing of existing borrowings. ST Engineering shares fell $0.03 or 0.9 per cent to close at $3.30 on Wednesday, before the announcement.