Suntec REIT reported Wednesday its 3Q19 net property income rose 3.2 percent to S$58.36 million, missing a Daiwa forecast.
CapitaLand Commercial Trust reported Wednesday its 3Q19 net property income increased 0.9% on-year to S$81.14M. The results beat a forecast from Daiwa.
Mapletree Logistics Trust said Wednesday its private placement of 154.61M new units met with strong demand and priced at the top of its indicative range.
These are Singapore companies which may be in focus on Wednesday, 22 October 2019: Keppel, Temasek, UOB, Mapletree Industrial Trust, Singtel and AA REIT.
These are Singapore companies which announced share buybacks on Tuesday, 22 October 2019: Jardine Matheson, Stamford Land, Duty Free Intl and Cheung Woh.
Mapletree Industrial Trust reported Tuesday its fiscal 2Q net property income rose 13.3 percent on-year to S$79.99M on contributions from new projects.
Kimly entered a deal to acquire 10 coffeeshop and industrial canteen units for S$59 million, the Singapore-style coffeeshop operator said Tuesday.
The Segantii Asia-Pacific Equity Multi-Strategy Fund became a substantial unitholder of AIMS APAC REIT, with its interest rising to 5.24%, it said in an SGX filing Tuesday.
Temasek’s bid to increase its stake in Keppel Corp. will push the market to focus on multiple restructuring scenarios, UBS said in a note Monday.
Keppel’s shares could be stuck in a S$6.61 to S$7 range while waiting for the pre-conditions for Temasek’s partial offer to be met, CGS-CIMB said Tuesday.
UOB launched Tuesday its U-Solar platform to connect businesses and consumers with financing to encourage renewable energy adoption in Southeast Asia.
Keppel’s shares surged Tuesday after Temasek launched a S$7.35 a share bid to increase its stake in the property and rig building conglomerate.
These are companies which may be in focus in Singapore on Tuesday, 22 October 2019: Temasek, Keppel, SembMarine, ST Engineering, OCBC, Singtel and CapitaLand Mall Trust.
Frasers Commercial Trust reported Tuesday its fiscal 4Q net property income edged up 0.5 percent on-year to S$21.73 million, missing a Daiwa forecast.
Olam said Tuesday it entered a deal to acquire all of California almond processor and ingredient manufacturer Hughson Nut for an enterprise value of US$54M.
Mapletree Logistics Trust launched a private placement of 154.61 million to 158.33 million new units to raise around S$250 million, the REIT said Tuesday.
These are Singapore companies which announced share buybacks on Monday, 21 October 2019: Jardine Matheson, Stamford Land, Intraco and Duty Free International.
JUMBO opened a second franchised outlet in South Korea, only three months after the first opening, the iconic Singapore chili crab restaurateur said Monday.
Mapletree Logistics Trust reported Monday its fiscal 2Q net property income rose 21% on-year to S$109.13M, coming in slightly ahead of a Daiwa forecast.
Mapletree Logistics Trust said Monday it plans to acquire seven logistics properties across Malaysia, Vietnam and China for around S$383.9 million.
Mapletree Commercial Trust said Monday it obtained a S$670 million green loan to partially finance its acquisition of Mapletree Business City Phase 2.
CapitaLand Mall Trust reported Monday its 3Q19 net property income rose 17.6 percent on-year to S$144.22 million. The results beat forecasts from Daiwa.
Temasek’s bid to increase its Keppel stake has spurred renewed speculation from analysts that Keppel’s O&M division might be merged with SembMarine.
ST Engineering said Monday its aerospace and electronics sectors secured contracts valued at a combined S$1.8 billion in the third quarter.
SembMarine told SGX Monday it wasn’t aware of any information to explain its share price surge, but pointed at Temasek’s partial bid for Keppel’s shares.
Singapore state-owned investment company Temasek said Monday it is making a bid to increase its stake in Keppel to 51% in a more than S$4 billion deal.
OCBC will join Singtel’s VIA mobile payment alliance, allowing the bank’s customers to make QR code payments while traveling in Thailand and Japan, Singtel said Monday.
KGI upgraded Keppel Corp. to Overweight, saying weak earnings this year have likely been priced in.
These are Singapore companies which may be in focus on Monday, 21 October 2019: AIMS APAC REIT and Ho Bee Land.
Mirach Energy isn’t aware of a reason for its share price’s surge on Friday, the company told SGX Monday in response to a query from the exchange.
MeGroup renewed its agreement with Japan-based Hirotani to continue using their technical expertise in manufacturing, the Malaysian company said Monday.
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These are Singapore companies which announced share buybacks on Friday, 18 October 2019: Jardine Matheson, Stamford Land, Duty Free International and CDW.
These are Singapore companies which announced share buybacks on Thursday, 17 October 2019: Jardine Matheson, Duty Free International and Cheung Woh Tech.
These are Singapore companies which may be in focus on Friday, 18 October 2019: SPH, Keppel, SGX CapitaLand, KORE, Olam and Valuetronics.
SPH said Thursday it would cut 5% of its media staff in a restructuring which includes changes to ad sales practices and content sharing across titles and platforms.
SPH reported Thursday its full FY net profit dropped 23.4% on-year to S$213.21 million, mainly on the absence of a year-ago one-off gain from a divestment.
Keppel Corp. reported Thursday its 3Q19 net profit dropped 30 percent on-year to S$159 million, mainly on year-ago gains from property divestments.
Keppel Pacific Oak US REIT said Thursday its private placement of 104.29M new units met with strong demand, pricing at the top of its indicative range.