Frasers Hospitality Trust reported Tuesday its fiscal 2Q net income fell 9.1% on-year to S$25.2M on weaker performances in Australia, Malaysia and Japan.
CapitaLand reported Tuesday 1Q19 net profit fell 7.4% on-year to S$295.57 million on lower trading income from residential projects in Singapore and China.
Ho Bee Land reported Tuesday its first quarter net profit dropped 43.9 percent on-year to S$27.7 million amid lower revenue from property development.
F&N reported Tuesday its fiscal 2Q net profit excluding exceptional items jumped 138.5% on-year to S$35.87 million on higher soft drink and dairy sales.
SIA and SATS said Tuesday they renewed their aviation services contracts for another five years in a move to strengthen the Singapore hub’s competitiveness.
China Everbright Water said Tuesday it obtained the Ji’nan East Station Project, which will require an investment of around S$113.10 million.
DBS has cut its guidance for Singapore mortgage growth as the cooling measures the government enacted in July continue to bite the sector.
These are Singapore companies which may be in focus on Tuesday, 30 April 2019: Keppel, Yangzijiang, Ascendas REIT and Manulife US REIT.
CDL Hospitality Trusts reported Tuesday its first quarter net property income fell 10.7 percent on-year to S$33.77 million, missing a forecast from Daiwa.
Manulife US REIT said Tuesday it priced its private placement at US$0.824 per new unit, around the midpoint of its pricing range, after strong demand.
Indofood Agri Resources reported Tuesday a first quarter net loss of 57.78 billion rupiah (S$5.55 million) as commodity prices fell.
Oxley entered a deal to sell Chevron House to Golden Compass (BVI) for a total value of S$1.025 billion, the property company said Tuesday.
City Developments said Tuesday it acquired a 12.4% stake in IREIT Global for around S$59.4M and a 50% stake in the REIT’s manager for around S$18.4M.
Ascott Residence Trust reported Tuesday 1Q19 gross profit rose 12% on-year to S$54.6M on higher contributions from the U.K., the Philippines and Singapore.
CapitaLand established a S$5 billion euro medium term note program to issue euro medium term notes and perpetual notes, the property developer said Monday.
These are Singapore companies which announced share buybacks on Monday, 29 April 2019: Keppel REIT and Straits Trading.
Yangzijiang reported Monday its 1Q19 net profit increased 38% on-year to 824.05 million yuan amid higher deliveries of vessels in the shipbuilding segment.
Keppel said Monday it priced a total of S$500 million of five- and 10-year notes issued under its US$5 billion multi-currency medium term note program.
Citic Envirotech reported Monday its first quarter net profit dropped 89.5% on-year to S$4.39M on delays in two projects due to “adverse wintry condition.”
Manulife US REIT said Monday it launched a private placement of new units at US$0.811 to US$0.836 each to raise gross proceeds of around US$94M.
Manulife US REIT agreed to acquire office building Centrepointe Fairfax, Virginia, for US$122 million from Carr Properties, the REIT said Monday.
Sunpower obtained a S$48.96 million tender from China Energy Investment for manufacturing and services, the company said in a filing to SGX Monday.
Ascendas REIT reported Monday its fiscal 4Q net property income rose 3.5% on-year. The results beat a forecast from Daiwa.
Global Palm Resources warned Monday that it expected to report a net loss for the first quarter of the year.
Keppel Capital, via its Alpha Asia Macro Trends Fund III, entered a deal to buy three Seoul commercial buildings for around S$510M, the company said Monday.