THE following companies saw new developments that may affect trading of their securities on Friday (Sep 2):

TRANSPORT company ComfortDelGro has been dropped from the Straits Times Index (STI) in the latest quarterly review, with recently-listed Emperador replacing it on the benchmark index.

The change to the STI, which tracks the performance of the 30 largest and most liquid companies listed on the Singapore Exchange (SGX), takes effect at the start of business on Sep 19, FTSE Russell said in a statement on Thursday (Sep 1).

Emperador, which listed on the Singapore Exchange (SGX) in July, has displaced ComfortDelGro (CDG) as one of the 30 constituents on the benchmark Straits Times Index (STI).

As at its last-closed share price of 49.5 cents, the Mainboard-listed brandy maker has a market capitalisation of $7.8 billion. ComfortDelGro's market capitalisation, as at its last-closed share price of $1.40, stands at $3.04 billion.

THE voluntary cash offer made by Rumah & Co to take real estate developer GYP Properties private was on Thursday (Sept 1) raised to S$0.188 per share, from the earlier S$0.168 per share as announced on Jul 8.

As per the announcement on Aug 24, the closing date for the offer had also been extended to Sept 23, at 5.30 pm.