Ezion revamps senior management team
Ezion Holdings said Friday it has reorganized its senior management team, effective Monday.
June 2019
EC World REIT enters into more than 1 billion yuan in loan facilities
EC World REIT has entered into a China on-shore facility agreement with various banks for up to 1.095 billion yuan, the REIT said in a filing to SGX Friday.
Keppel to acquire stakes in Prime US REIT and its manager
Keppel said Friday it agreed to acquire a 30 percent interest in KBS US Prime Property Management, the proposed manager of Prime US REIT, for US$21.6M.
China Everbright Water obtains Haimen waste water project
China Everbright Water said Friday it obtained the Haimen Waste Water Treatment Project and upgrading in Jiangsu province.
CapitaLand completes acquisition of Ascendas-Singbridge
CapitaLand has completed the acquisition of Ascendas-Singbridge from Singapore state-owned investment company Temasek, the property company said Sunday.
UOB enters China joint venture for consumer finance
UOB entered an agreement with Shenergy (Group) to set up a joint venture consumer finance company in Shanghai, China, the Singapore bank said Friday.
Temasek agrees to invest US$300 million in Li & Fung logistics subsidiary
Temasek has agreed to take a 21.7 percent stake in Li & Fung’s wholly owned logistics subsidiary, LF Logistics, the Hong Kong-listed company said Friday.
Singapore central bank to issue up to five new digital bank licences
The Monetary Authority of Singapore said Friday it would issue up to five new digital bank licences, opening the banking sector to non-bank players.
CapitaLand’s Funan mall opens after redevelopment
The Funan mall opened Friday, with pictures suggesting large crowds, after a three-year redevelopment period, CapitaLand and CapitaLand Mall Trust said.
Singapore share buybacks Friday: Olam, KSH, Jardine Strategic
These are Singapore companies which announced share buybacks on Friday, 28 June 2019: Olam International, KSH Holdings and Jardine Strategic.
UPDATE: Singapore stocks to watch Friday: TEE International, TEE Land, Challenger, Roxy-Pacific
These are Singapore companies which may be in focus on Friday, 28 June 2019: TEE International, TEE Land, Challenger Technologies, and Roxy-Pacific.
Challenger exit offer and delisting proposal lapse after failing to get shareholder OK
Digileap Capital said Thursday its offer to acquire Challenger’s shares and delist the company has lapsed after failing to obtain shareholder approval.
TEE International ends talks with Top Capital on TEE Land stake
TEE International said Thursday discussions with Top Capital Securities over extending the completion date for selling a TEE Land stake have ceased.
UDPATE: Singapore share buybacks Thursday: OCBC, Olam, Stamford Land, KSH, Global Palm, Jardine Strategic
These are Singapore companies which announced share buybacks on Thursday, 27 June 2019: OCBC, Olam, Stamford Land, KSH and Global Palm Resources.
Roxy-Pacific joint venture enters deal to acquire Tokyo retail building for S$76 million
Roxy-Pacific entered into a joint venture to acquire a retail building in Tokyo, Japan, for 6 billion yen, the Singapore-listed property company Thursday.
Frasers Commercial Trust upgraded to Add by CGC-CIMB
CGS-CIMB upgraded Frasers Commercial Trust to Add from Hold after the trust announced it entered a lease agreement with Google Asia Pacific.
UPDATE: Singapore stocks to watch Thursday: Frasers Property, SGX, Hyflux, OUE, Sunpower
These are Singapore companies which may be in focus on Thursday, 27 June 2019: Frasers Property, SGX, Hyflux, OUE and Sunpower.
SGX restructures into four business groups
Singapore Exchange announced Thursday it changed its organizational structure into four business units reporting to the CEO.
Singapore share buybacks Wednesday: OCBC, Olam, Japfa, Stamford Land, Global Palm
These are Singapore companies which announced share buybacks Wednesday, 26 June 2019: OCBC, Olam, Japfa, Stamford Land and Global Palm Resources.
Hyflux renegotiates 617 million yuan loan facility with Bank of China
Hyflux said Wednesday it renegotiated a CNY617M loan facility agreement between its wholly owned subsidiary, Tianjin Dagang Newspring, and Bank of China.
Frasers Property to sell 50 percent of Frasers Tower to unnamed investor
Frasers Property said Wednesday it agreed to sell 50 percent of 38-storey Frasers Tower to a long-term strategic investor it didn’t name.
Sunpower lands 34 million yuan contract from Jilin Electric Power
Sunpower Group obtained a 33.9 million yuan contract from a new customer, Jilin Electric Power, the Singapore-listed company said Wednesday.
SGX launches first derivative-portfolio compression service in Asia
Singapore Exchange said Wednesday it extended its portfolio compression service to include listed derivatives as well as OTC products.
UPDATE: Singapore stocks to watch Wednesday: Indofood Agri, CapitaLand, Frasers Commercial
These are Singapore companies which may be in focus on Wednesday, 26 June 2019: Indofood Agri, CapitaLand and Frasers Commercial Trust.
Citi: For the trade war and equities, it’s not the economy. It’s the earnings
Investors should be watching the earnings impact of the trade war, Steven Wieting, chief investment strategist at Citi Private Bank, said Tuesday.
Vividthree invests in OTT streaming platform provider XMI
Vividthree subscribed for up to S$1.5 million convertible notes from OTT streaming platform company XMI, the Singapore-listed company said Tuesday.
Takeover bid for Indofood Agri lapses
Indofood Sukses Makmur’s takeover bid for Indofood Agri lapsed Tuesday after failing to get enough shareholder acceptances, the Indonesia-listed company said.
CapitaLand’s Funan mall reaches 95 percent occupancy before opening
Funan mall reached 95 percent committed occupancy ahead of its opening Friday, CapitaLand and CapitaLand Mall Trust said Tuesday.
UPDATE: Singapore share buybacks Tuesday: OCBC, Olam, Stamford Land, Jardine Strategic
These are Singapore companies which announced share buybacks on Tuesday, 25 June 2019: OCBC, Olam International and Stamford Land.
Google leases space at Frasers Commercial Trust property
Frasers Commercial Trust has entered a lease agreement with Google for space at Alexandra Technopark, the trust said in a filing to SGX Tuesday.
Oxley acquires 40 percent of Malaysia-based Aspen Vision Homes
Oxley said Tuesday it has acquired a 40 percent stake in Malaysia-based Aspen Vision Homes for 20 million ringgit (S$6.54 million or US$4.83 million).
CGS-CIMB: Genting Singapore’s shares are ‘cheap as chips’
Genting Singapore’s shares are “cheap as chips,” despite potential positives from the RWS revamp and potential Japan integrated resort bid, CGS-CIMB said Friday.
Singapore stocks to watch Tuesday: City Developments, Wilmar, CRCT, Sim Leisure
These are Singapore companies which may be in focus on Tuesday, 25 June 2019: City Developments, Wilmar, CRCT and Sim Leisure.
Singapore share buybacks Monday: OCBC, Olam, Stamford Land, Koufu, Global Palm
These are Singapore companies which announced share buybacks on Monday, 24 June 2019: OCBC, Olam, Stamford Land, Koufu and Global Palm Resources.
SGX did not approve International Cement’s acquisition of SCHWENK Namibia
International Cement said Monday its proposed acquisition of SCHWENK Namibia failed to receive approval from SGX as a very substantial acquisition (VSA).
City Developments increases stake in IREIT Global
City Developments said Monday it increased its stake in IREIT Global to 12.486 percent after acquiring another 640,045 units.
Mapletree Commercial Trust started at Buy by UOB KayHian
UOB KayHian started Mapletree Commercial Trust at Buy with S$2.22 target price, saying its mall, VivoCity, is set to benefit from Sentosa’s revamp.
Sheng Siong upgraded to Outperform by Daiwa
Daiwa upgraded Sheng Siong to Outperform from Hold, saying the risk-reward balance has turned more favorable, with opportunity to increase its store count.
UOB inks deal with CapBridge for private investment platform
UOB and CapBridge signed an agreement to offer private-capital services to private, high-growth companies in Singapore, the two said in a statement Monday.
UPDATE: Singapore stocks to watch Monday: Sembcorp Industries, SembMarine, Cromwell E-REIT, SIA
These are Singapore companies which may be in focus on Monday, 24 June 2019: Sembcorp Industries, SembMarine, Cromwell European REIT and SIA.