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.
DBS CEO Piyush Gupta said Monday the major risk for the bank would be a “steep collapse” in interest rates.
These are Singapore companies which may be in focus on Monday, 29 April 2019: DBS, Mapletree Logistics Trust, HPHT, Sheng Siong and Hyflux.
Raffles Education said Monday it agreed last week to sell its 51 percent stake in Hebei Oriental University’s operator for 420 million yuan.
Iconic chili crab restaurateur No Signboard said Monday it was assisting the Singapore police with investigations related to an abortive share buyback.
DBS reported Monday its 1Q19 net profit rose 9 percent on-year to S$1.65 billion as higher interest rates boosted its net interest margin.
UOB, SGX and the China Chamber of International Commerce said Sunday they signed a deal to help Chinese firms use Singapore as a base for expanding into Southeast Asia.
Frasers Logistics & Industrial Trust reported Friday its fiscal 2Q net property income rose 37.1% on-year to A$48.97M on acquisitions in Europe and Australia.
Wealth-management fintech platform iFast reported Saturday its first quarter net profit dropped 41.8 percent on-year to S$1.60 million amid weak financial markets.
HPHT reported Friday its !Q19 profit attributable to unitholders dropped 33.4 percent on-yearamid higher taxes, higher finance costs and a year-ago gain.
Mapletree Logistics Trust reported Friday its fiscal 4Q net property income climbed 15.0% on-year to S$104.99 million. The results missed a Daiwa forecast.
Supermarket chain Sheng Siong reported Friday its 1Q19 net profit rose 6 percent on-year to S$19.4 million, mainly on the addition of 10 new stores.
Maybank KimEng downgraded Venture to Hold from Buy in a note on Friday, pointing to the cautious outlook the company provided with its earnings.
CapitaLand Mall Trust can surprise on the upside, with investors likely to apply higher valuations, DBS said after the REIT reported “marvelous growth.”
OCBC’s 1Q19 net profit may rebound 21 percent on-quarter on NIM expansion and wealth-management fee recovery, UOB KayHian said.
UOB’s NIM in the first quarter may be relatively flat on-quarter, but its net interest income is likely to grow, RHB said in a note this week.