These are Singapore companies which announced share buybacks on Friday, 31 May 2019: OCBC, Olam, JUMBO, China Sunsine Chemical and Straits Trading.
DBS started Frasers Property Thailand at Buy with a 22.30 baht (S$0.97) target price, saying it’s the “best time ever” to acquire the shares.
Frasers Logistics & Industrial Trust said Friday it entered a deal to sell the office and deck car park components of a Victoria property for A$5.4M.
These are Singapore companies which may be in focus on Friday, 31 May 2019: SPH, City Developments, BreadTalk, Creative and Frasers Property.
These are Singapore companies which announced share buybacks on Thursday, 30 May 2019: DBS, OCBC, China Sunsine Chemical and Straits Trading.
Singapore curry puff maker Old Chang Kee reported Thursday its fiscal year profit after tax rose 14.6% on-year to S$4.34M on contributions from new outlets.
Singapore Press Holdings priced an offering of S$150 million of subordinated perpetual securities at 4.50%, the media and property company said Thursday.
Sunpower said Thursday it obtained a 77M yuan contract from a repeat customer to provide heat exchanger equipment for a technology upgrading project.
BreadTalk said Thursday its wholly owned subsidiary, Food Republic Taiwan, entered a franchise deal to bring Song Fa Bak Kut Teh restaurants to Taiwan.
Creative Tech said Thursday it would work with OEM computer maker Clevo to include its Super X-Fi sound technology in the Taiwan company’s gaming laptops.
Daiwa lowered its distribution per unit forecasts for Accordia Golf Trust by 8-9 percent for fiscal 2020-21 after fiscal 4Q results missed forecasts.
RHB downgraded Dairy Farm to Neutral from Buy after the recent share price rally, and amid escalating uncertainty over the ongoing U.S.-China trade war.
These are Singapore companies which may be in focus on Thursday, 30 May 2019: Singtel, Swiber, Sembcorp Industries, Frasers Centrepoint and Allied Tech.
Accrelist proposed Wednesday consolidating its shares, with shareholders to receive one consolidated share for every 20 existing shares held.
Creditors of Swiber Holdings approved Wednesday a restructuring proposal, marking a key step toward an equity investment from New York-listed Seaspan Corp.
Singtel completed its subscription to 170.10 million new shares of Bharti Airtel under its rights issue, the Singapore telco said Wednesday.
Allied Technologies said Wednesday the Commercial Affairs Department seized information and documents related to the company and its missing S$33.15M.
These are Singapore companies which announced share buybacks on Wednesday, 29 May 2019: Jardine Strategic, DBS, OCBC, Koufu and China Sunsine.
These are Singapore companies which may be in focus on Wednesday, 28 May 2019: Singtel, Frasers Property, Perennial Real Estate and Accordia Golf Trust.
Valuetronics reported net profit for its fiscal year fell 2.6% to HK$199.48M as the U.S. trade war caused a slowdown in smart LED lighting orders.
Yoma Strategic reported Wednesday its fiscal 4Q net profit surged by 20 times to US$26.1M, on fair value gains in real-estate services and more KFC outlets.
These are Singapore companies which announced share buybacks on Tuesday, 28 May 2019: OCBC and China Sunsine Chemical.
Accordia Golf Trust reported Tuesday its fiscal fourth quarter net loss widened to 18.5 billion yen on impairment losses at certain golf courses.
Allied Technologies said Tuesday Singapore law firm JLC Advisors denied knowledge of its demands over the S$33.15 million missing from an escrow account.
Perennial Real Estate entered a joint venture to build a mixed-use project in Mandalay, Myanmar, the Singapore company said in a filing to SGX Tuesday.
Airtel Africa plans to seek a potential IPO on the London Stock Exchange, India’s Bharti Airtel said in a letter to the Indian stock exchanges Tuesday.
Frasers Property (Thailand) announced Monday its intention to make an offer for all of Golden Land Property, valuing the company at 19.75B baht (S$855.38M).
India’s newly re-elected Prime Minister Modi has plans to boost private-sector exports, eschewing the country’s traditional focus on domestic consumption.
Hyflux clarified Tuesday that its meeting with last week with potential investor Utico included “no conclusive numbers” or finalised deal.
China Everbright Water landed a drinking-water source project in Zhejiang province, which requires an investment of around 1.253 billion yuan.
These are Singapore companies which may be in focus on Tuesday, 28 May 2019: SGX, Keppel REIT, China Everbright Water and Citic Envirotech.
CapitaLand’s acquisition of Ascendas-Singbridge, due to be completed by end-June, will herald a “new era of growth,” DBS said in a note Monday.
UOB KayHian upgraded CapitaLand Mall Trust to Buy, calling it a beneficiary of the Jurong Lake District’s development and as Funan is set to begin contributing.
These are Singapore companies which announced share buybacks on Monday, 27 May 2019: OCBC, Kimly, China Sunsine Chemical and Straits Trading.
Vividthree reported Monday its fiscal 4Q net profit jumped more than 20-fold to S$1.5M on its Train to Busan virtual reality tour show.
China Everbright Water said Monday it obtained Nanjing Industrial Waste Water Project Phase II, which requires an investment of around 859 million yuan.
Property developer Bukit Sembawang reported Monday it swung to a fiscal 4Q loss after tax of S$11.55 million amid higher expenses and an impairment loss.
Boustead Singapore reported Monday its fiscal 4Q net profit edged up 2% on-year to S$7.8M amid gross margin pressure, a higher impairment loss and expenses.
Singapore Exchange launched Monday the industry’s first options contract on TSR 20 rubber, called the SGX SICOM TSR 20, as a risk-management tool.
Fraser and Neave’s deal to acquire Starbucks Coffee (Thailand) via a joint venture is a positive for Thai Beverage, Nomura said in a note Friday.