The knee-jerk selloff of around 20 percent in Yangzijiang Shipbuilding’s shares on 8 August appears overdone, DBS said in a note Thursday.Read More
These are Singapore companies which may be in focus on Friday, 16 August 2019: Singapore Airlines, Frasers Property, Jardine Cycle & Carriage and CRCT.
Singapore Airlines Group carried 3.30 million passengers in July, up 6.3 percent on-year, the carrier said Thursday.
Frasers Property (Thailand) has acquired 94.50% of Golden Land Property in its tender offer for the Thailand-listed company, Frasers Property said Thursday.
These are Singapore companies which announced share buybacks on Thursday, 15 August 2019: Yangzijiang, ST Engineering Stamford Land and Keppel Corp.
These are Singapore companies which may be in focus on Thursday, 15 August 2019: Thai Beverage, Yangzijiang, Sembcorp, OUE and Accordia Golf.
Uni-Asia Group reported Wednesday its second quarter net profit jumped 52 percent on-year to US$2.96 million on higher investment returns and hotel income.
Sunpower Group reported Wednesday its 2Q19 net profit, excluding the impact of its convertible bonds, jumped 106.3 percent to 52.48 million yuan.
Spackman Entertainment reported Wednesday a 2Q19 net loss of US$1.53 million, 1 percent narrower on-year, as film production costs rose.
Golden Agri reported Wednesday its 2Q19 net loss widened to US$64.70M, from a net loss of US$39.02M in the year-ago quarter as palm oil prices dropped.
These are Singapore companies which announced share buybacks on Wednesday, 14 August 2019: ST Engineering, Stamford Land and Boustead.
Sembcorp Industries reported Wednesday its second quarter net profit rose 20 percent on-year to S$98 million, supported by the energy business.
Old Chang Kee reported Wednesday its profit after tax dropped 52.6 percent on-year to S$593,000 on changes to accounting for leases and lower revenue.
Thai Beverage reported Wednesday its fiscal 3Q net profit climbed 26 percent on-year on higher contributions from the food, beer and spirits segments.
The INVEST Fair conference will bring world-class investment speakers to Singapore for 13th year of the retail investor focused event.
Isetan Singapore reported Wednesday a second quarter net profit of S$40,000, swinging from a year-ago net loss of S$1.39 million as expenses fell.
Accordia Golf Trust reported Wednesday its fiscal 1Q net profit fell 3.2 percent on-year 2.32 billion yen on higher interest and income tax expense.
No Signboard Holdings said it wouldn’t launch any new dining brands after shuttering its three Hawker QSR outlets after less than a year.
Yangzijiang said Wednesday Executive Chairman Ren Yuanlin has taken a leave of absence while assisting in a confidential investigation by China authorities.
These are Singapore stocks which may be in focus on Wednesday, 14 August 2019: Wilmar, ComfortDelGro, MUST, Yanlord, OUE and Accordia Golf.