Singapore stocks to watch Monday: Sembcorp, Keppel, Boustead Projects, Qian Hu
These are Singapore companies which may be in focus for Monday, 25 March 2019: Sembcorp Industries, Keppel, Boustead Projects and Qian Hu.
March 2019
Singapore share buybacks Friday: Bumitama Agri, SingHaiyi Group
These are Singapore companies which announced share buybacks on Friday, 22 March 2019: Bumitama Agri and SingHaiyi Group.
Ornamental fish breeder Qian Hu to acquire aquarium accessories maker
Ornamental fish breeder Qian Hu said Friday it entered a deal to acquire Guangzhou Qian Hu Aquarium and Pets Accessories Manufacturing for S$13,500.
Boustead Projects sets joint venture with Malaysia Airports to develop aerospace park
Boustead Projects said Friday it entered a joint venture with Malaysia Airports (Subang) to develop an aerospace and technology park in Subang, Malaysia.
Sembcorp and YCH complete rooftop solar farm on warehouse
Energy player Sembcorp and logistics provider YCH Group said on Friday that the installation of a 2.8 megawatt-peak rooftop solar farm has been completed.
Singapore stocks to watch Friday: Oxley, Hyflux, SoilBuild REIT, Pine Capital
These are Singapore companies which may be in focus on Friday, 22 March 2019: Oxley, Hyflux, Soilbuild REIT and Pine Capital.
Hyflux: If Tuaspring fails to fix defaults, PUB may buy the desalination plant
Hyflux said Thursday PUB has informed the company that if it fails to resolve Tuaspring’s defaults by 5 April, the agency may acquire the desalination plant.
Oxley appoints exclusive agents to find buyer for Mercure and Novotel hotels after previous bid failed
Oxley Gem appointed exclusive agents to find and screen a buyer for the Novotel Singapore and Mercure Singapore hotels, it said in an SGX filing Thursday.
SoilBuild REIT enters deal to divest Loyang Way property for around S$34 million
Soilbuild Business Space REIT has entered a deal to divest a property at 72 Loyang Way for S$34.08 million, the REIT manager said Thursday.
Pine Capital suspends trading in shares due to ‘numerous allegations’
Pine Capital said Thursday it was suspending trade in its shares after receiving “numerous allegations,” including over possible lapses in internal control.
Singapore share buybacks: Bumitama Agri, SingHaiyi Group
These are Singapore companies which have announced share buybacks on Thursday, 21 March 2019: Bumitama Agri and SingHaiyi Group.
Indonesia stocks to watch Thursday: Mandom Indonesia, Vale Indonesia, Pemeringkat Efek Indonesia
Indonesia stocks to watch Thursday: Mandom Indonesia, Vale Indonesia, Pemeringkat Efek Indonesia
UPDATE: Singapore stocks to watch Thursday: Frasers Property, Frasers Centrepoint, Ascendas REIT, ThaiBev
These are Singapore companies which may be in focus on Thursday, 21 March 2019: Frasers Property, Ascendas REIT, Thai Beverage and Yongnam.
Frasers Centrepoint, Frasers Property to increase stakes in Tiong Bahru Plaza owner
Frasers Centrepoint Trust and Frasers Property announced separately Thursday they entered deals to increase their PGIM Real Estate AsiaRetail Fund stakes.
Singapore share buybacks Wednesday: Singapore Exchange
These are Singapore companies which announced share buybacks on Wednesday, 20 March 2019: Singapore Exchange.
Ascendas REIT issues HK$1.45 billion 3.57 percent notes due 2029
Ascendas REIT has issued HK$1.45B 3.57 percent notes due 2029 under its S$5 billion multicurrency medium term note program, the REIT manager said Wednesday.
Challenger Technologies receives exit offer and proposal to delist
Digileap Capital has proposed to delist Challenger Technologies from SGX and make an exit offer of S$0.56 a share, it said in an SGX filing Wednesday.
Frasers Property obtains S$785 million green club loan for Northpoint City South Wing
Frasers Property said Wednesday it secured a S$785M five-year green club loan to refinance loans for the Northpoint City South Wing mall.
Frasers Property to sell 50 percent stake in Melbourne office tower for around A$326 million
Frasers Property said Wednesday it has entered a deal to sell its entire 50 percent stake in a Melbourne office tower for A$326.2 million.
Maybank KimEng starts Sheng Siong at Sell on consumer spending slowdown
Maybank KimEng started coverage of Sheng Siong at Sell with a S$0.95 target price, saying the supermarket operator isn’t immune to market headwinds.
Indonesia stocks to watch Wednesday: Yudha Bhakti Bank, Buana Finance, Mitrabara Adiperdana
The Jakarta Composite Index closed the trade on Tuesday, 19 March 2019 with a decline of 0.45 percent to 6,480.28.
UPDATE: Singapore stocks to watch Wednesday: Singapore Airlines, Oxley, ThaiBev, Starhill Global
These are Singapore companies which may be in focus on Wednesday, 20 March 2019: Singapore Airlines, Oxley, Thai Beverage and Starhill Global REIT.
PSA, PFR and IFM to jointly buy Poland’s largest container terminal
PSA International, the Polish Development Fund and IFM Global Infrastructure Fund have tied up to acquire Poland’s largest container terminal.
Oxley terminates deal to sell Mercure and Novotel Hotels for S$950 million
Oxley said Tuesday it was terminating a deal to sell Mercure and Novotel Hotels for S$950M as the potential buyer didn’t make a deposit payment.
S&P downgrades Starhill Global REIT outlook to negative on leverage concerns
S&P revised Starhill Global REIT’s ratings outlook to negative Tuesday on the expectation its leverage will be stretched over the next 18 to 24 months.