Shares & Derivatives
Seatrium Has Replaced Keppel DC REIT on the Straits Times Index: 8 Things to Know About the Offshore & Marine Company
By The Smart Investor  •  June 6, 2023
Investors who track the Straits Times Index (SGX: ^STI), or STI, will know that Singapore Exchange Limited (SGX: S68), or SGX, performs a quarterly review of all the index’s constituents. Back in March, there was no change to the constituents for the bellwether, blue-chip index. But for June’s quarterly review, it was announced that Seatrium Limited (SGX: S51) will be replacing Keppel DC REIT (SGX: AJBU) and that this change will take effect from 19 June. Keppel DC REIT has been bumped into the STI’s reserve list. Four other stocks are also in the reserve list – CapitaLand Ascott Trust (SGX: HMN), Frasers Centrepoint Trust (SGX: J69U), Olam Group (SGX: VC2) and Suntec REIT (SGX: T82U). Investors may be wondering about Seatrium and what the company does, hence we highlight eight things you need to know about this offshore and marine group. 1. A name change Seatrium used to be known as Sembcorp Marine Ltd, or SMM....
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.
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