For bondholders, the yield-to-call works out to 4 per cent a year.
$YZJ Shipbldg SGD (BS6.SG)$: Yangzijiang Shipbuilding has won its first order for two 175,000 cubic metre (cu m) liquefied natural gas (LNG) carriers from an unnamed European customer.
The vessels will be equipped with GTt (Gaztransport & Technigaz) Mark III Flex membrane tanks and are scheduled to be delivered between 2025 and 2026.
In a press statement on Wednesday (Oct 26), the group said this marks its first GTt Mark III LNG carrier order after it obtained its GTt licence in early September this year.
$Keppel Reit (K71U.SG)$: The distributable income of Keppel real estate investment trust (Reit) grew 3.4 per cent year on year to S$16540万 over the first three quarters of 2022, ending on Sep 30.
The increase was mainly driven by the acquisition of Keppel Bay Tower in May 2021 and adjustments of income tax expense for previous years. This was partially offset by the divestment of 275 George Street in Brisbane in July 2021 and lower contribution from 8 Chifley Square, saidKeppel Reitin a bourse filing on Tuesday (Oct 25).