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
- Cuscaden Peak, the consortium which bought Singapore Press Holdings (SPH), will be required to make a chain offer for all the units of SPH REIT, according to a filing to SGX Thursday.
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
- Yangzijiang Financial Holdings (YZJFH) wavered on its trading debut, ending the day at S$0.62 after opening around S$0.685. The shares touched an intraday low of around S$0.575.
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.
