S&P: SingPost unlikely to see material cash from selling US e-commerce subsidiaries
Singapore Post is unlikely to obtain material cash from the planned sale of assets by its U.S. e-commerce subsidiaries, S&P Global Ratings said Thursday.
September 2019
Singapore share buybacks Friday: ST Engineering, Stamford Land, SingHaiyi, Healthway Medical
These are Singapore companies which announced share buybacks on Friday, 20 September 2019: ST Engineering, SingHaiyi, Stamford Land and Singapore Shipping.
UPDATE: Singapore stocks to watch Friday: UOB, MUST, palm oil players, Sunpower, TEE Intl, Fortune REIT
These are Singapore companies which may be in focus on Friday, 20 September 2019: UOB, MUST, Sunpower, Fortune REIT, POSH and TEE International.
Manulife US REIT private placement prices at top of range on strong demand
Manulife US REITsaid Friday it priced its private placement of new units at US$0.876 each, the top of its indicative range, as strong demand.
Anwar Ibrahim: Toxic haze from Indonesia’s forest fires is ‘ecological warfare’
Anwar Ibrahim, Malaysia’s heir-apparent to become prime minister, said the companies behind deadly forest fires in Indonesia must be held to account.
UOB becomes first foreign bank to open branch in Zhongshan
UOB became the first foreign bank to open a branch in Zhongshan City in China’s Guangdong Province, the Singapore bank said Thursday.
Sunpower: Indonesia power project achieves grid connection for all units
The Indonesia Jinchuan WP & RKA Lateritic-Nickel-Ore Project power plant achieved grid connection, Sunpower said Thursday.
PACC Offshore Services: JV in default on around US$28 million loan facility
POSH, said Thursday an event of default has occurred on a loan facility to POSH Terasea (PTPL), a 50-50 joint venture with Terasea.
Singapore share buybacks Thursday: Jardine Matheson, BreadTalk, HRnetGroup, Stamford Land
These are Singapore companies which announce share buybacks on Thursday, 19 September 2019: Jardine Matheson, BreadTalk, Stamford Land and HRnetGroup.
Singapore Deputy PM Heng: Asia remains committed to free trade
The U.S. trade war with China may be drawing unstable lines in the sand, but Singapore’s Deputy PM Heng said Thursday Asia remained committed to free trade.
Sime Darby Plantations: The haze isn’t our fault
Simon Lord, chief sustainability officer at Malaysian palm-oil producer Sime Darby Plantation, had a message on Wednesday: It’s not our fault.
UPDATE: Singapore stocks to watch Thursday: MUST, SingPost, Frasers Logistics, Soilbuild REIT, TEE
These are Singapore companies which may be in focus on Thursday, 19 September 2019: FLT, Soilbuild REIT, Ascendas REIT, City Developments and TEE International.
Manulife US REIT launches equity fund-raising to raise US$142 million
Manulife US REIT said Thursday it launched a private placement and preferential offering to raise around US$142.1 million to partially fund an acquisition.
Manulife US REIT to acquire California property for US$199 million
Manulife US REIT said Thursday it entered a deal to acquire an office building in Sacramento, from 400 Capitol Mall Owner for around US$198.8 million.
Singapore Post’s US e-commerce businesses file for chapter 11 bankruptcy
Singapore Post said Thursday its troubled U.S. e-commerce businesses, Jagged Peak and TradeGlobal, filed for Chapter 11 bankruptcy.
OUE enters deal to sell Oakwood Premier OUE serviced residences for S$287 million
OUE entered a deal to sell Oakwood Premier OUE Singapore serviced residences to DHI Holding for S$287.09 million, the property developer said Thursday.
Singapore share buybacks Wednesday: BreadTalk, Stamford Land, Healthway Medical
These are Singapore companies which announced share buybacks on Wednesday, 18 September 2019: BreadTalk, Stamford Land and Healthway Medical.
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UPDATE: Singapore stocks to watch Wednesday: ST Engineering, Mapletree Logistics, CDG, StarHub, TEE
These are Singapore companies and other news which may be in focus on Wednesday, 18 September 2019: ST Engineering, MLT, ComfortDelGro and StarHub.
Mapletree Industrial Trust private placement meets strong demand, prices top of range
Mapletree Industrial Trust said Wednesday its private placement was oversubscribed and priced at the top of its indicative range, raising around S$400M.
ST Engineering acquires satellite anti-jamming services firm Glowlink
ST Engineering said Tuesday its U.S. subsidiary, iDirectGov, acquired Glowlink, which specializes in improving satellite-communications quality, for US$20M.
Mapletree Logistics Trust enters deal to acquire Australia logistics property
Mapletree Logistics Trust said Tuesday it entered a conditional deal to acquire an under-development logistics warehouse in Australia for A$18.4 million.
Accrelist enters deal to acquire The Wellness Clinic for S$17 million
Accrelist said Tuesday it entered a non-binding term sheet to acquire The Wellness Clinic from Verita Healthcare Group for S$16.96 million.
Singapore share buybacks Tuesday: Stamford Land, Singapore Shipping, Global Investments
These are Singapore companies which announced share buybacks on Tuesday, 17 September 2019: Stamford Land, Singapore Shipping and Global Investments.
UPDATE: StarHub to provide around 15 US TV series on same-day basis
StarHub said Tuesday it would be airing the new seasons of around 15 U.S. television series on the same day they air in the U.S.
Fund managers’ recession fears grow, BofA-ML September survey finds
Fund managers’ recession expectations have hit levels last seen during the Global Financial Crisis, according to the BofA-ML September survey Tuesday.
UPDATE: Singapore stocks to watch Tuesday: Mapletree Industrial Trust, SIA, Citic Envirotech, TEE, JUMBO
These are Singapore companies which may be in focus on Tuesday, 17 September 2019: Mapletree Industrial Trust, SIA, Citic Envirotech and JUMBO.
Keppel DC REIT private placement meets strong demand
Keppel DC REIT said its private placement of 135M new units met with strong demand, with the offering fully covered at the top of its pricing range within an hour.
