Stocks to watch: Keppel, Manulife US Reit

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Dec 30):

Keppel : Its real estate subsidiary Keppel Management, formerly known as Keppel Land, has terminated the US$800 million multicurrency term note programme it established on Jan 7, 2002, with effect from Monday. The unit added that it does not intend to issue further notes under the programme, Keppel said on Monday. The counter closed 0.1 per cent or S$0.01 higher at S$10.26, before the news.

Manulife US Real Estate Investment Trust (Manulife US Reit): Its indirect subsidiary Hancock S-Reit Sacramento, which held the now-divested property in Sacramento known as Capitol, has been voluntarily wound up and dissolved. The manager said on Tuesday that this does not have a material impact on the Reit’s consolidated net tangible assets or earnings per unit for the financial year ending December 2025. Units of Manulife US Reit closed flat on Monday at US$0.07.