Stocks to watch: OUE Reit, TalkMed

THE following companies saw new developments that may affect trading of their securities on Friday (Sep 20):

OUE Real Estate Investment Trust (OUE Reit): The Reit priced S$180 million in fixed-rate green notes due 2031 at 3.9 per cent, said the manager on Thursday. Net proceeds from this issuance will refinance or fund eligible green projects. DBS and OCBC are the joint lead managers and bookrunners. The latter is also the sole global coordinator for the notes and the green finance adviser to the issuer. Units of OUE Reit closed S$0.005 or 1.5 per cent lower at S$0.32, before the announcement.

TalkMed Group: Discussions on a potential acquisition of a stake in TalkMed are still in the preliminary stages and there is no guarantee that a transaction will take place, said the tertiary healthcare services provider on Thursday. The mainboard-listed company said it would update shareholders when it becomes aware of any material developments, and that they should refrain from taking any action regarding its shares. The counter closed S$0.005 or 1.2 per cent lower at S$0.40, before the announcement.