SG stocks Thursday: Temasek-tied Astrea, SIA, SembMarine, Ascendas India Trust

A Singapore Airlines Boeing 777-312ER at Changi Airport in Singapore. Photo by Wong Jun Lin, published on Unsplash in November 2021A Singapore Airlines Boeing 777-312ER at Changi Airport in Singapore. Photo by Wong Jun Lin, published on Unsplash in November 2021

Singapore companies in focus on Thursday, 19 May 2022:

  • Temasek-linked Astrea 7 pricing bonds: Client note
  • Singapore Airlines reports fiscal 2H net loss narrowed sharply
  • SembMarine: 1H22 will be ‘significantly better’

Others: Wing Tai Holdings, CapitaLand China Trust, Ascendas India Trust and First REIT.

Temasek-linked Astrea 7 pricing bonds: Client note

  • Temasek-linked Astrea 7 is pricing three classes of private-equity bonds, with public and institutional tranches, according to a client note seen by Shenton Wire Wednesday.

Singapore Airlines reports fiscal 2H net loss narrowed sharply

  • Singapore Airlines reported Wednesday its fiscal second half net loss narrowed sharply as air travel demand was bolstered by border re-openings in nearly all key markets and the expansion of vaccinated travel lanes (VTLs).

SembMarine: 1H22 will be ‘significantly better’

  • Sembcorp Marine‘s first half performance will be “significantly better” than the first half of 2021, the rigbuilder said in a filing to SGX Wednesday.

Ascendas India Trust to acquire Chennai industrial property

  • Ascendas India Trust has entered a definitive agreement to acquire Casa Grande – Phase 1, a 420,000 square foot industrial facility at Mahindra World City in Chennai, the REIT said in a filing to SGX Wednesday.

First REIT enters deal to divest Siloam Hospitals Surabaya for around S$41M

  • First REIT has entered a deal to divest PT Tata Prima Inda (PT TPI), which owns all of Siloam Hospitals Surabaya (SHS) for IDR430 billion, or around S$40.9 million, the REIT said in a filing to SGX Wednesday.

CapitaLand China Trust: Retail outlook may improve in 2H22

Wing Tai pricing five-year SGD bonds: Client note

  • Wing Tai Holdings is pricing a five-year Singapore dollar benchmark-sized senior fixed-rate bond, according to a client note seen by Shenton Wire.

Briefs

Singapore company briefs: OxPay Financial, Viking Offshore and Marine, and Watches.com (formerly Ntegrator). Read more.