Soilbuild Construction said Friday CEO Ding Yen Shee Daniel has resigned, effective Friday, to pursue personal interests after only five months in the role.
Frasers Property said Friday it sold Frasers Hospitality Investment Holding (Philippines) to Bond Capital Partners for around S$45.3 million.
Bukit Sembawang announced Friday its CEO, Ng Chee Seng, would retire, effective Saturday, and it tapped the current CFO Ooi Chee Eng as acting CEO.
Singapore companies which announced share buybacks on Friday, 30 August 2019: Yangzijiang, Stamford Land, CDW Holding, Singapore Shipping and Cheung Woh.
Gold, already enjoying a rally on increased geopolitical tension, is getting a demand fillip from new Shariah-compliant investors seeking a safe-haven play.
Singapore companies likely to be in focus on Friday, 30 August 2019: CapitaLand, Starhill Global REIT, Fraser and Neave and ARA Asset Management.
UOB prices US$500 million in 1.625 percent covered bonds due 2022 at 99.694 percent of the principal amount, the bank said in a filing to SGX Friday.
S&P downgraded Starhill Global REIT to BBB from BBB-plus Thursday as the REIT faces pressure from rent reversions in its key Singapore assets.
Sakae posted Thursday a fiscal year net loss of S$13.40 million after taking impairment losses on its Cocosa Export acquisition.
Fraser and Neave said Thursday its wholly owned subsidiary F&N Investments (F&NI) subscribed for 5.2M new shares of Emerald Brewery Myanmar at US$1 each.
Silverlake Axis said Thursday it obtained a contract to replace the legacy systems of an established Malaysian consumer credit card provider.
ARA Asset Management has proposed Thursday issuing S$350 million of 5.60 percent subordinated perpetual securities.
Singapore companies which announced share buybacks on Thursday, 29 August 2019: Yangzijiang, ST Engineering, Stamford Land, HRnetGroup and SIIC Environment.
Singapore companies which may be in focus on Thursday, 29 August 2019: OUE, Citic Envirotech, CRCT, Silverlake Axis and Starhill Global REIT.
Hyflux indicated late Wednesday it hasn’t signed a definitive agreement with Utico for an investment, pending resolution on some outstanding issues.
F J Benjamin reported Wednesday a fiscal year net profit of S$177,000, swinging from a year-earlier net loss of S$1.24M, after restructuring.
OUE acquired 959.86 million shares, or an around 6 percent stake, in Gemdale Properties for around HK$815.9M, the Singapore-listed developer said Wednesday.
Singapore companies which announced buybacks on Wednesday, 28 August 2019: Yangzijiang, ST Engineering, SIIC Environment, Stamford Land and HRnetGroup.
Citic Envirotech said Wednesday it secured two build-own-transfer projects in Sichuan Province, with a total investment value of 1.69 billion yuan.
CRCT said Wednesday its preferential offering of 86.87M new units received valid acceptances and excess applications for around 139% of the total on offer.
Silverlake Axis said Wednesday it will hold around 43.59% of Finzsoft after exiting the joint venture, Silverlake HGH (SHGH), which had owned the stake.
Singapore companies which may be in focus on Wednesday, 28 August 2019: Oxley, Tiong Seng, Yanlord, FLT, China Everbright Water and Parkson Retail Asia.
Wing Tai reported Tuesday its fiscal 4Q net profit dropped 86 percent on-year to S$19.35 million on year-earlier gains from disposing of subsidiaries.
Parkson Retail Asia reported Tuesday its fiscal 4Q net loss narrowed to S$17.82M, from S$18.86M in the year-ago period, on improved performance in Malaysia.
Tiong Seng landed a construction contract worth S$130.5 million to develop a 20-storey hotel at Club Street, the Singapore-listed developer said Tuesday.
Oxley reported Tuesday its fiscal 4Q net profit dropped 81% on-year to S$25.59 million, partly due to a lower revenue contribution from the U.K. project.
China Everbright Water said Tuesday it signed two waste-water treatment projects, one in Shandong Province and the other in Jiangsu Province.
These are Singapore companies which announced share buybacks on Tuesday, 27 August 2019: Yangzijiang, ST Engineering, Raffles Medical and Stamford Land.
These are Singapore companies which may be in focus on Tuesday, 27 August 2019: ST Engineering, Ascott Residence Trust, KIT and Sunpower.
U.A.E.-based infrastructure player Utico FZC said early Tuesday it signed a restructuring agreement to take an 88 percent stake in troubled Hyflux.
StarHub said Monday it signed a deal with China Mobile, China Unicom and China Telecom to boost data connectivity between Singapore and Chongqing.
Ascott Residence Trust priced an issue of S$150 million in fixed-rate perpetual securities at 3.88 percent, the trust’s manager said Monday.
Basslink, which is part of Keppel Infrastructure Trust’s portfolio, said Monday its interconnector would likely be offline until mid-October.
These are Singapore companies which announced share buybacks on Monday, 26 August 2019: DBS, Yangzijiang, SPH, Stamford Land and Maxi-Cash.
Sunpower obtained CNY65.5M of manufacturing and services contracts with PSS Netherlands B.V., the Singapore-listed company said in a filing to SGX Monday.
ST Engineering’s subsidiary ST Engineering North America set up a US$1.5 billion U.S. commercial note program, the company said in a filing to SGX Monday.
These are Singapore companies which may be in focus on Monday, 26 August 2019: Yangzijiang, SPH REIT, Silverlake Axis, UOL, Far East Orchard and SATS.
Silverlake Axis reported Friday its fiscal 4Q net profit jumped 86% on-year to 67.45M ringgit as the project-related segment contributed significantly.
Silverlake Axis said Friday it secured eight core banking upgrade and enhancement projects from existing customers in the fiscal fourth quarter.
These are Singapore companies which announced share buybacks on Friday, 23 August 2019: ST Engineering, Yangzijiang, Maxi-Cash and Stamford Land.