Hutchison Ports Holdings Trust reported Friday its profit attributable to unitholders, or net profit, fell 2.9% on-year to HK$232.5M (S$40.44M).
GATXH announced Friday it has made a voluntary, unconditional offer to acquire all of Raffles United for S$0.065 a share, with plans to delist the company.
Temasek has redeemed its US$1.5B 4.3 percent guaranteed notes due 2019 at par value and cancelled them, the state-owned investment company said Friday.
Cache Logistics Trust reported Friday its 3Q19 net property income fell 8.3% on-year to S$21.14M, partly on converting the Cache Gul LogisCentre to a multi-tenancy structure.
EMAS Offshore said Friday its application in the High Court of Singapore to be placed under judicial management has been granted.
These are Singapore companies which announced share buybacks on Friday, 25 October 2019: Jardine Matheson, Duty Free Intl, Starburst Holdings and MDR.
Wilmar said Friday it has formed two new subsidiaries, one in China for generating electricity, and the other in Senagal for trading agricultural products.
Stamford Land is in advanced negotiations on an investment opportunity with a “substantial” size, the hotel operator said at the AGM Friday, according to the minutes.
Roxy-Pacific warned Friday it expected its third quarter profit to be lower on-year, based on a preliminary review of its unaudited financial statements.
CGS-CIMB upgraded Singapore Exchange to Add from Hold, saying the exchange is “thriving” amid volatile market conditions, with derivatives volumes climbing.
S&P affirmed AIMS APAC REIT’s issuer credit rating at BBB-minus, pointing to a “good track record” on asset quality and occupancy rates.
CGS-CIMB downgraded Mapletree Industrial Trust after the REIT’s units climbed on news it entered a deal to acquire a U.S. data centre portfolio.
These are Singapore companies which may be in focus on Friday, 25 October 2019: SGX, Hyflux, GuocoLand, Eagle Hospitality Trust, Oxley, Sabana REIT and JUMBO.
Citic Envirotech reported Thursday a 3Q19 net loss of S$4.0M, from a year-earlier net profit of S$23.86M, on higher expenses and lower engineering revenue.
Great Eastern Holdings reported Friday its third quarter net profit fell 4 percent on-year to S$205.1 million as investment income fell.
Yanlord Land said Friday it launched a mandatory conditional offer of S$2.60 a share for UEL after acquiring shares in a subsidiary from Perennial UW and Heng Yue.
iFAST China has entered a joint venture with RFO Holdings to target China’s ultra high net worth market, the fintech platform company said Friday.
ESR-REIT reported Friday its 3Q19 net profit jumped 101.1 percent on-year to S$45.3 million, partly on the acquisition of Viva Trust’s nine properties.
CapitaLand Retail China Trust reported Friday its 3Q19 net property income increased 11.9% on-year to S$41.11 million; the results beat a Daiwa forecast.
These are Singapore companies which announced share buybacks on Thursday, 24 October 2019: BreadTalk, CDW, Duty Free International and Global Investments.
Sabana REIT reported Thursday its 3Q19 net property income increased 10.1% on-year to S$13.91M, mainly on higher contributions from some multi-tenanted properties.
Singapore Exchange reported Thursday its fiscal 1Q net profit climbed 25% on-year to S$114M as revenue increased across all four major business segments.
Lian Beng said Thursday it obtained a S$173 million contract to demolish existing buildings and build a condominium development at River Value Close.
JUMBO Group said Thursday it opened its fourth NG AH SIO bak kut teh outlet in Taiwan’s Taoyuan City, bringing the total number of outlets in Asia to eight.
GuocoLand reported Thursday its fiscal 1Q net profit climbed 61% on-year to S$42.10M, mainly on higher sales recognition from the Martin Modern project.
Sasseur REIT’s manager said Thursday Sasseur Hefei has reached a settlement with ZS2 in a dispute over construction costs.
Ascendas India Trust reported Thursday its fiscal 2Q net property income rose 18 percent on-year to S$39M, partly on the Anchor Building completion in May.
Eagle Hospitality Trust rebutted Thursday claims in an Edge Singapore article that the Queen Mary has fallen into structural disrepair and could be found in default.
POSH said Thursday its joint venture, POSH Terasea (PTPL) would be voluntarily liquidated by creditors after it defaulted on a loan facility.
The Paya Lebar Air Base’s planned relocation in 2030 will open the area for redevelopment, Singapore Minister of Development Lawrence Wong said Thursday.
Utico FZC said Thursday it would lower its bid for Hyflux to S$200 million to the senior unsecured creditors and a S$100 million shareholder loan if a deal isn’t signed by early next week.
These are Singapore companies which may be in focus on Thursday, 24 October 2019: CapitaLand, City Developments, AIMS APAC REIT, ST Engineering and Hyflux.
Singapore Exchange said Thursday it is licensing its iEdge-FactSet Global Internet Index to Nikko Asset Management for an exchange-traded fund (ETF).
These are Singapore companies which announced share buybacks on Wednesday, 23 October 2019: Stamford Land, Duty Free International and CDW Holding.
Wing Tai Holdings reported Wednesday its fiscal 1Q net profit jumped 209 percent on-year to S$6.85M amid higher contributions from development properties.
Kingsmen said Wednesday it would launch “Living Worlds: An Animal Planet Experience” exhibition in Singapore as part of a collaboration with Discovery.
CapitaLand and City Developments said Wednesday the preview of their Sengkang Grand Residences project’s sales gallery will begin Friday.
The Segantii Asia-Pacific Equity Multi-Strategy Fund ceased to be a substantial unitholder of AIMS APAC REIT, Segantii Capital Management said Wednesday
ST Engineering said Wednesday arbitration proceedings between its U.S. marine subsidiary and Hornbeck Offshore resulted in Horbeck being awarded US$18.03M.
Frasers Centrepoint Trust reported Wednesday its fiscal 4Q net property income slipped 0.1 percent on-year to S$32.85M. The results missed a Daiwa forecast.