SG stocks Wednesday: CapitaLand Investment, SIA Engineering, EC World REIT, Yeo’s, Nutryfarm

The Ascott Sunland Shanghai opened in 2021 by CapitaLand Investment's wholly owned lodging subsidiary The Ascott. Credit: The AscottThe Ascott Sunland Shanghai opened in 2021 by CapitaLand Investment's wholly owned lodging subsidiary The Ascott. Credit: The Ascott

Singapore companies in focus on Wednesday, 6 April 2022:

  • CapitaLand Investment prices S$400M notes due 2027
  • SIA Engineering enters deal with Khazanah unit for Malaysia hangar facilities
  • EC World REIT: Auditors cite material uncertainty on refinancing

Others: Fullerton Fund Management, Yeo Hiap Seng, Nutryfarm International and Pharos Asset Management.

CapitaLand Investment

CapitaLand Investment has priced S$400 million fixed-rate notes due 2027 at 3.3 percent, the real estate investment manager (REIM) said in a filing to SGX Tuesday. The filing confirms a Shenton Wire article

Read more: CapitaLand Investment prices S$400M notes due 2027

SIA Engineering and Khazanah Nasional

SIA Engineering has entered a memorandum of understanding (MOU) with Malaysian sovereign wealth fund Khazanah Nasional‘s wholly owned subsidiary Impeccable Vintage Properties (IVP), to lease two hangars, the Singapore-listed company said in a filing to SGX Tuesday. 

Read more: SIA Engineering enters deal with Khazanah unit for Malaysia hangar facilities

Fullerton Fund Management and Temasek Holdings

Fullerton Fund Management has appointed Ken Goh as chief investment officer, effective Friday, the subsidiary of Singapore state-owned investment company Temasek Holdings said Friday. 

Read more: Temasek’s Fullerton Fund Management taps new chief investment officer

EC World REIT

EC World REIT‘s independent auditors, PricewaterhouseCoopers, have cited a material uncertainty over the REIT’s ability to refinance existing borrowings before they become due for repayment, the REIT said in a filing to SGX Tuesday. 

Read more: EC World REIT: Auditors cite material uncertainty on refinancing

Oxley Holdings

Oxley Holdings said Tuesday it has priced S$50 million 6.90 percent notes due 2024, to be consolidated with existing notes. The announcement confirms a Shenton Wire article

Read more: Oxley prices S$50M notes due 2024

Nutryfarm International

Nutryfarm International has entered a non-binding memorandum of understanding (MOU) with Pharos Asset Management to set up a US$25 million durian sub-fund, the company said in a filing to SGX Tuesday. 

Read more: Nutryfarm, Pharos Asset to set up US$25M durian investment fund

Yeo Hiap Seng

Yeo Hiap Seng will retrench 32 staff as part of a business model shift to meet changing consumer patterns and retail conditions as well as cost pressures, the maker of Yeo’s beverages said in a filing to SGX Tuesday. 

Read more: Yeo Hiap Seng to retrench 32 staff

Briefs

Singapore company briefs: United Hampshire US REIT, KSH Holdings and JUMBO Group. Read more

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