These are Singapore companies which announced share buybacks on Friday, 24 May 2019: OCBC, Straits Trading and China Sunsine Chemical.
Pine Capital Group’s subsidiary ACPAM has begun an action in the High Court against some former directors and employees, the company said Wednesday.
These are Singapore companies which may be in focus on Friday, 24 May 2019: Fraser and Neave, Thai Beverage, Keppel Infrastructure Trust and ESR.
CapitaLand said Friday it entered a deal to divest its interest in Innov Center in Shanghai to its discretionary real-estate equity fund CAP I.
These are Singapore companies which announced share buybacks on Thursday, 23 May 2019: DBS, OCBC, Japfa and China Sunsine Chemical.
Keppel Infrastructure Trust said Thursday it established a S$1 billion multicurrency debt issuance program to issue notes and perpetual securities.
Allied Technologies instructed its legal counsel to file a police report over S$33.15M missing from an escrow account held by Singapore law firm JLC.
Sunpower said Thursday it won a 43.56 million yuan contract to provide high-efficiency heat exchangers for repeat customer Zhejiang Petrochemical.
ESR acquired 9.9 percent of Sabana REIT and 51.0 percent of the REIT’s manager from Vibrant, the Asia Pacific logistics real estate company said Thursday.
F&N said Thursday it tied up with Maxim’s Caterers to acquire Starbucks Coffee (Thailand) in a move to enter Thailand’s retail coffee market.
Temasek-tied private equity vehicle Astrea V plans to offer around US$600M of asset-backed bonds, according to a preliminary prospectus filed Wednesday.
These are Singapore companies which may be in focus on Thursday, 23 May 2019: UOL, PSA, Yongnam, Sabana REIT and Stamford Land.
These are Singapore companies which announced share buybacks on Wednesday, 22 May 2019: ST Engineering, OCBC, Raffles Medical and Kimly.
Stamford Land reported Wednesday its fiscal 4Q net profit dropped 80.4 percent on-year to S$5.03 million, hurt by a weaker Australian dollar.
SingHaiyi reported Wednesday its fiscal 4Q net profit jumped 47.6% on-year to S$9.7 million on higher margins from U.S. projects and a fair value gain.
Yongnam has proposed a placement of up to S$15 million of new, non-listed convertible bonds with a two-year maturity and a 7 percent interest rate.
Vibrant Group said Wednesday it entered deals to sell stakes in Sabana Investment Partners and Sabana REIT to E-Shang Infinity Cayman.
CGS-CIMB downgraded DBS to Hold from Add on concerns the U.S. trade war with China could spur capital market choppiness and lower loan growth.
CGS-CIMB downgraded Singapore’s bank sector to Neutral from Overweight, on expectations of “harder days ahead” for UOB, OCBC and DBS.
Daiwa started coverage of Venture at Outperform with a S$17.90 target price, pointing to its transition toward integrating R&D services.
These are Singapore companies which may be in focus on Wednesday, 22 May 2019: Pine Capital Group and AIMS APAC REIT.
Pine Capital’s former interim CEO Tan Choon Wee is seeking to appeal the court decision that allowed his removal as director of subsidiary ACPAM.
These are Singapore companies which announced share buybacks on Tuesday, 21 May 2019: DBS, OCBC, Kimly and Straits Trading.
Singapore’s MTI lowered its economic growth forecast for the city-state to 1.5 percent to 2.5 percent for 2019, from 1.5 percent to 3.5 percent previously.
These are Singapore companies which may be in focus on Tuesday, 21 May 2019: Olam, Singapore Airlines, Singapore Exchange and POSH.