PRE-MARKET SINGAPORE STOCK NEWS: Earnings from City Developments, Olam and ST Engineering

CapitaLand India Trust (CLINT SP) – Co. completed divestment of 20.2% stake in three data centre assets. (Newswires)

City Developments (CIT SP) – Co. FY (SGD) net rose 213% Y/Y to 629.7mln, rev. rose 9.8% Y/Y to 3.59bln, final dividend 0.25/shr. (Dow Jones Newsplus)

Frasers Property (FPL SP) – Co. awarded SGD 391.9mln tender for leasehold rear plot of Singapore mall. (Dow Jones Newsplus)

Olam Group (OLAM SP) – Co. FY (SGD) net rose 414% Y/Y to 444.09mln, rev. rose 28.8% Y/Y to 29.60bln. (Dow Jones Newsplus)

ST Engineering (STE SP) – Co. FY (SGD) net fell 34.1% Y/Y to 462.8mln, rev. rose 9.5% Y/Y to 12.35bln. (Dow Jones Newsplus)

Singapore Post (SPOST SP) – Co. is maintaining a 10% tariff on goods sent to the US while awaiting an official executive order for President Trump’s announced 15% rate. (Straits Times)