These are Singapore companies which may be in focus on Monday, 19 August 2019: Yangzijiang, Thai Beverage, Hyflux and Sasseur REIT.
Singapore-listed Manulife US REIT, or MUST, is pretty small compared with its U.S.-listed peers, but the REIT is actively seeking acquisitions.
Thai Beverage reported its fiscal third quarter net profit climbed 26 percent on-year. These are analysts’ calls on the results.
The knee-jerk selloff of around 20 percent in Yangzijiang Shipbuilding’s shares on 8 August appears overdone, DBS said in a note Thursday.
RHB downgraded Thai Beverage to Take Profit from Buy, saying share price has “performed well” so far this year and is now fairly priced.
Hyflux said Friday it will negotiate exclusively with Utico FZC until the developer’s 26 August deadline to reach a definitive agreement for an investment.
Sasseur REIT has transferred a 116,432 square meter undeveloped land parcel in Kunming to its sponsor, Sasseur Cayman, the REIT’s manager said Friday.
Thai Beverage said Friday its subsidiary International Beverage Holdings incorporated two subsidiaries in Hong Kong: Chang HK and International Breweries.
Singapore companies announcing share buybacks Friday, 16 August 2019; Yangzijiang, Stamford Land, Keppel, Boustead Singapore and Global Investments.
Yangzijiang said mid-day Friday it bought back another 2 million shares in the market. That followed the stock’s recent tumble.
Shenton Wire has been nominated for the SGX Orb Award in the “Hidden Gems” category, for the best feature or analysis of an under-covered SGX-listed stock.
These are Singapore companies which may be in focus on Friday, 16 August 2019: Singapore Airlines, Frasers Property, Jardine Cycle & Carriage and CRCT.
Singapore Airlines Group carried 3.30 million passengers in July, up 6.3 percent on-year, the carrier said Thursday.
Frasers Property (Thailand) has acquired 94.50% of Golden Land Property in its tender offer for the Thailand-listed company, Frasers Property said Thursday.
These are Singapore companies which announced share buybacks on Thursday, 15 August 2019: Yangzijiang, ST Engineering Stamford Land and Keppel Corp.
These are Singapore companies which may be in focus on Thursday, 15 August 2019: Thai Beverage, Yangzijiang, Sembcorp, OUE and Accordia Golf.
Uni-Asia Group reported Wednesday its second quarter net profit jumped 52 percent on-year to US$2.96 million on higher investment returns and hotel income.
Sunpower Group reported Wednesday its 2Q19 net profit, excluding the impact of its convertible bonds, jumped 106.3 percent to 52.48 million yuan.
Spackman Entertainment reported Wednesday a 2Q19 net loss of US$1.53 million, 1 percent narrower on-year, as film production costs rose.
Golden Agri reported Wednesday its 2Q19 net loss widened to US$64.70M, from a net loss of US$39.02M in the year-ago quarter as palm oil prices dropped.
These are Singapore companies which announced share buybacks on Wednesday, 14 August 2019: ST Engineering, Stamford Land and Boustead.
Sembcorp Industries reported Wednesday its second quarter net profit rose 20 percent on-year to S$98 million, supported by the energy business.
Old Chang Kee reported Wednesday its profit after tax dropped 52.6 percent on-year to S$593,000 on changes to accounting for leases and lower revenue.
Thai Beverage reported Wednesday its fiscal 3Q net profit climbed 26 percent on-year on higher contributions from the food, beer and spirits segments.
The INVEST Fair conference will bring world-class investment speakers to Singapore for 13th year of the retail investor focused event.
Isetan Singapore reported Wednesday a second quarter net profit of S$40,000, swinging from a year-ago net loss of S$1.39 million as expenses fell.
Accordia Golf Trust reported Wednesday its fiscal 1Q net profit fell 3.2 percent on-year 2.32 billion yen on higher interest and income tax expense.
No Signboard Holdings said it wouldn’t launch any new dining brands after shuttering its three Hawker QSR outlets after less than a year.