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2021-12-28
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Singapore stocks to watch: Sembcorp Marine, Asian Pay Television Trust
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This is to give Borr Drilling more time to leverage on the improving industry outlook to generate more operating cash flow to meet its debt service obligations and further strengthen its balance sheet, the mainboard-listed company said. Shares of Sembcorp Marine closed flat at S$0.082 on Monday (Dec 27).\nASIAN PAY TELEVISION TRUST (S7OU.SI): The mainboard-listed pay TV firm announced that it had signed an amendment agreement on Monday extending the maturity date of its New Taiwan dollar denominated 7-year facilities by 3 years on the same major terms, from November 2025 to November 2028. As part of its financial close on Dec 31, APTT will pare down NT$800 million, or approximately S$40 million, using cash on its balance sheet. Its shares closed flat at S$0.133 on Monday.\nTrading halt: MAPLETREE NORTH ASIA COMM TR (RW0U.SI) has called for a trading halt on Tuesday morning, pending the release of an announcement. 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