Stocks to watch: Singtel, Stoneweg Europe Stapled Trust, CapitaLand Ascendas Reit

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Mar 24):

Singtel : The local telco on Monday afternoon was hit with over 9,700 user reports of a disruption on Downdetector, after three consecutive days of issues last week. These reports began from 3.20 pm. Singtel said in an update at 5.23 pm on Facebook that the disruption was due to an “international traffic optimisation issue” which has been resolved. The counter ended Monday 5.4 per cent or S$0.28 lower at S$4.93.

Stoneweg Europe Stapled Trust (Sert) : The managers announced on Tuesday that Sert is divesting its office asset Riverside Park in Warsaw, Poland, for a consideration of 22.5 million euros (S$33.6 million). It has entered into a binding agreement with a Polish private limited liability company that operates an oncology hospital in Warsaw. The divestment is part of the stapled group’s ongoing portfolio optimisation initiatives. Stapled securities of Sert ended at 1.50 euros on Monday, down 0.03 euro or 2 per cent.