KGI started ARA US Hospitality Trust at Outperform, pointing to select-service hotels’ relatively strong growth rate and higher margins.
Keppel entered a settlement deal with six Sete Brasil subsidiaries over six semisubmersible drilling rigs being built for them, Keppel said Monday.
These are Singapore companies which announced share buybacks on Friday, 4 October 2019: Healthway Medical, CDW, Eurosports, GRP and Singapore Shipping.
MeGroup plans to acquire another 25 percent of Honda dealership operator MJN Motors for up to MYR3.75M, the Malaysian car dealership operator said Friday.
These are Singapore companies which may be in focus on Friday, 4 October 2019: Ascendas REIT, Manulife US REIT, Raffles Infrastructure and Addvalue.
These are Singapore companies which announced share buybacks on Thursday, 3 October 2019: Jardine Mathesion, Eurosports Global, CDW Holding and HRnetGroup.
Ascendas REIT said Thursday it acquired an office building to be built in suburban Melbourne, Australia, for A$110.9 million from ESR FPA (Wellington Road).
DBS Bank Chief Investment Officer Hou Wey Fook said Thursday he’s making a “bold call” on where to look for income: European oil majors.
These are Singapore companies which may be in focus on Thursday, 3 October 2019: Lendlease Global Commercial REIT, Sunvic, Citic Envirotech and Spackman.
These are Singapore companies which announced share buybacks on Wednesday, 2 October 2019: Yangzijiang, Stamford land, HRnetGroup and Singapore Shipping.
Lendlease Global Commercial REIT posted a strong trading debut, ending Wednesday up 4.54 percent at S$0.92, compared with the IPO price of S$0.88.
Talent agency MS Team, Spackman Media’s wholly owned subsidiary, has signed an exclusive contract with Ko Sung-hee, Spackman Entertainment said Wednesday.
Sunvic Chemical said Wednesday its wholly owned subsidiary Jiangsu Jurong Chemical has received letters of demand for outstanding loans totaling CNY166.1M.
These are Singapore companies which may be in focus on Wednesday, 2 October 2019: Lendlease Global Commercial REIT, CapitaLand, Ascendas India Trust and Ezion.
Chip Eng Seng has entered a deal to acquire Sembcorp Design and Construction from Sembcorp Industries for S$49.9 million, the two companies said Wednesday.
These are Singapore companies which announced share buybacks on Tuesday, 1 October 2019: Keppel REIT, Stamford Land, Food Empire and Eurosports.
Lendlease Global Commercial REIT said Tuesday its IPO met with strong investor demand, with units set to begin trading on Wednesday at 2:00 P.M. SGT.
Ezion said Tuesday Yinson’s offer to subscribe to its shares and convert its debt into equity has lapsed, with conditions unmet after six months.
Frasers Centrepoint Trust and Frasers Property said Tuesday their stakes in PGIM Real Estate AsiaRetail Fund have risen to a cumulative around 87.9 percent.
CapitaLand plans to increase its assets under management in India to S$7B by 2024, more than double the current level, the property developer said Tuesday.
Thakral’s joint venture, GemLife, has acquired 4.4 hectares of land in Australia, to develop an over-50s lifestyle resort, the property company said Monday.
Southeast Asian streaming service iflix said Tuesday it switched to Google’s Open Bidding service for advertising in Malaysia, Indonesia and the Philippines.
These are Singapore companies which may be in focus on Tuesday, 1 October 2019: BreadTalk, Genting Singapore, Hyflux, First REIT, Sunpower and Spackman.
Boustead Projects’ 51%-owned joint venture, BP-TPM, entered a deal to acquire a Singapore industrial property for S$77.4 million, the company said Tuesday.
CapitaLand Mall Trust obtained a S$200 million five-year green loan from OCBC Bank, marking its first foray into green financing, the REIT said Tuesday.
ComfortDelGro said Tuesday it entered a deal to sell the Alperton Bus Garage in West London and acquire another property in West London.
Keppel REIT plans to divest Bugis Junction Towers to Village Prop for S$547.5 million, 243 percent above its 2006 purchase price, the REIT said Tuesday.
Singapore companies which announced share buybacks on Monday, 30 September 2019: Yangzijiang, Jardine Matheson, Stamford Land, Food Empire and Global Investments.
No Signboard tapped Lok Pei San as its new CFO, effective Monday, after Voon Sze Yin resigned, the iconic chili crab restaurateur said Monday.