Stocks to watch: Mapletree Industrial Trust, The Hour Glass, UI Boustead Reit, Boustead Singapore, Aspial Lifestyle

Stocks to watch: Mapletree Industrial Trust, The Hour Glass, UI Boustead Reit, Boustead Singapore, Aspial Lifestyle

May 25, 2026 / Liam Redmond /


[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (May 25):

Mapletree Industrial Trust (MIT) : The manager of the trust on Monday announced the sale of Philadelphia Data Centre for US$14.5 million. This price represents a 4.3 per cent premium above the independent valuation of US$13.9 million as at Mar 31, noted a bourse filing. Units of MIT ended Monday 0.5 per cent or S$0.01 higher at S$1.95 before the news.

The Hour Glass : The luxury watch retailer on Friday posted a 39 per cent increase in net profit to S$103.8 million for its second half ended Mar 31, on the back of stronger sales momentum. This was up from S$74.4 million a year earlier. Its revenue for the period rose 16 per cent year on year to S$722.8 million, from S$622.6 million. Shares of The Hour Glass rose 2.1 per cent or S$0.05 to close at S$2.46 on Friday, before the release of results.



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Liam Redmond

As an editor at Forbes Europe, I specialize in exploring business innovations and entrepreneurial success stories. My passion lies in delivering impactful content that resonates with readers and sparks meaningful conversations.

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