Recent Developments in These Companies Could Impact Market Performance

Updates on Green Financing, Loan Upsizing, and Share Price Movements Dominate Market News

Investors should keep an eye on the following stocks due to recent announcements that could influence trading activity:

Keppel Reit
Keppel Reit has introduced a green financing framework to guide its sustainability-focused transactions. As of March 31, 2024, 63% of the real estate investment trust’s borrowings were aligned with green finance principles. On Wednesday, Keppel Reit’s units remained stable, closing at S$0.84.

Lippo Malls Indonesia Retail Trust (LMIRT)
LMIRT has increased its term loan facility to 4.5 trillion rupiah (approximately S$371.8 million). The additional funding will help the trust finance its outstanding senior notes due in 2026 and other purposes. LMIRT’s units saw a 7.7% drop on Wednesday, ending at S$0.012.

Market participants may observe shifts in these securities as these developments unfold, potentially impacting their valuation and investor sentiment.