SG stocks Friday: Cuscaden Peak, SPH REIT, Mapletree Logistics, Yangzijiang Financial

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Singapore companies in focus on Friday, 29 April 2022:

  • Cuscaden Peak required to make chain offer for SPH REIT
  • Mapletree Logistics Trust reports fiscal 4Q net property income rose 15 percent
  • Yangzijiang Financial wavers on trading debut

Others: Far East Hospitality Trust (FEHT), Singtel and Fraser and Neave (F&N).

Cuscaden Peak required to make chain offer for SPH REIT

Mapletree Logistics Trust reports fiscal 4Q net property income rose 15 percent

  • Mapletree Logistics Trust reported Thursday its fiscal fourth quarter net property income rose 14.9 percent on-year to S$157.1 million, mainly on higher revenue from existing properties, contributions from acquisitions and lower rental rebates to tenants impacted by the pandemic.

Yangzijiang Financial wavers on trading debut

Singtel Optus enters A$1.4B sustainability-linked credit facility

  • Singtel Optus has entered a A$1.4 billion sustainability-linked revolving credit facility, launched under the telco’s sustainability financing program called Olives, Singtel said in a filing to SGX Thursday.

Far East Hospitality Trust reports 1Q22 net property income rose 4.5 percent

  • Far East Hospitality Trust (FEHT) reported Thursday its first quarter net property income increased 4.5 percent on-year to S$19.02 million on lower property tax and lower expenses for the commercial premises segment.

Fraser and Neave prices S$140M notes due 2025

  • Fraser and Neave (F&N) has priced S$140 million notes due 2025 at 3.0 percent, the beverage maker said in a filing to SGX Thursday.

Briefs

Singapore company briefs: Great Eastern, CapitaLand Investment, iWOW Technology and Sim Leisure Group. Read more.