In the U.S., the energy and healthcare sectors have underperformed and offer more investor value, Daniel Rohr, head of global equity research at Morningstar, said Friday.
Articles by Leslie Shaffer
Hong Kong’s market has become one of Asia’s cheapest markets, largely due to the protests, Morningstar’s Lorraine Tan said Friday.
These are Singapore companies which may be in focus on Monday, 2 Dec. 2019: ThaiBev, Lendlease Global Commercial REIT, DBS, Temasek, OCBC and No Signboard.
Frasers Logistics & Industrial Trust and Frasers Commercial Trust announced Monday they plan to merge, creating a diversified S$5.7 billion portfolio.
China Everbright Water said Monday it obtained two waste-water treatment projects, one in Liaoning Province and the other in Shandong Province, with an around CNY279M.
These are Singapore companies which announced share buybacks on Friday, 29 November 2019: Stamford Land, Silverlake Axis, Anchun, AEI and Cheung Woh.
These are companies which announced debt listing confirmations on Friday, 29 November 2019: Korea Railroad.
BlackRock topped up its stake in Lendlease Global Commercial REIT, becoming a substantial unitholder again, the asset manager said Friday.
No Signboard reported Friday its fiscal year net loss widened to S$4.85 million on lower revenue from the seafood restaurants and the beer operations.
State Street has become a substantial unitholder of Ascendas REIT, with its direct interest rising to 5.01 percent, the asset manager said Friday.
Thai Beverage is evaluating strategic proposals, including a potential listing of its beer business, the Chang beer maker said in a filing to SGX.
Impossible Foods has a plan for launching its plant-based alternative to meat in Asia’s markets: It’s taking aim at the region’s traditional dishes.
These are Singapore companies which may be in focus on Friday, 29 November 2019: SGX, Lendlease Global REIT, Accordia Golf Trust and Eagle Hospitality Trust.
Cromwell European REIT said Friday it entered a deal to acquire an office property in Agrate, Italy, from C3 Investment Fund – FIA for EUR17.7M.
These are companies which announced debt listing confirmations on Thursday, 28 November 2019: Korea Development Bank and Zhenjiang Transportation.
These are Singapore companies which announced share buybacks on Thursday, 28 Nov. 2019: OCBC, Stamford Land, Silverlake Axis, Global Investments and AEM.
SGX RegCo has proposed Thursday removing its minimum trading price (MTP) rule as other steps to prevent market manipulation have cut the number of alerts.
Howard Wu, a principal of Eagle Hospitality Trust’s sponsor, has purchased more units of the trust via his wholly owned company, Wu said Thursday.
China Everbright Water said Thursday it has applied to the Shanghai Stock Exchange for a possible issuance of asset-backed securities.
Accordia Golf Trust has received a non-binding proposal to divest all of its interests in its golf courses, the trust said in a filing to SGX Thursday.
BlackRock has ceased to be a substantial unitholder of Lendlease Global Commercial REIT, the asset manager said in a filing to SGX Thursday.
These are Singapore companies which may be in focus on Thursday, 28 November 2019: SGX, F&N, MoneyMax, Venture, SPH REIT and Hiap Seng.
First Sponsor said Thursday it sold FS NL Zuidoost Property 15 (NLP15) to 33 percent-owned associated company FSMC NL Property Group for EUR108.1 million.
Singapore companies which announced share buybacks on Wednesday, 27 Nov. 2019: OCBC, Stamford Land, Silverlake Axis, Anchun and Global Investments.
Hiap Seng Engineering reported Wednesday its fiscal 2Q net loss narrowed to S$8.51M from a loss of S$22.30M in the year-ago period on lower operating costs.
SGX said Wednesday it would replace the fixed rates for the securities borrowing and lending (SBL) program with variable and more competitive rates.
Singapore Exchange said Wednesday ADM Investor Services Singapore (ADMIS SG) has become a trading and clearing member of the derivatives market.
Fraser and Neave said Wednesday it subscribed for an additional 4.69M new shares in Emerald Brewery Myanmar at US$1 each for a total of US$4.69M.
MoneyMax said Wednesday it obtained two options to purchase two properties at Lucky Plaza from an unrelated party for a total S$18 million.
These are Singapore companies which may be in focus on Wednesday, 27 November 2019: OCBC, SGX, Hyflux, ST Engineering, Mapletree Logistics Trust and JUMBO.
These are Singapore companies which announced share buybacks on Tuesday, 26 November 2019: OCBC, Keppel REIT, Stamford Land, Silverlake Axis and AEI.
Hyflux has agreed to a restructuring deal, with Utico FZC to pay S$300 million for new shares representing 95 percent of the troubled water company.
Kimly reported Tuesday its full fiscal year net profit fell 8.4 percent on-year to S$20.1 million despite higher revenue, amid higher expenses.
JUMBO reported Tuesday fiscal year net profit rose 5.9% on-year to S$11.67M as Singapore revenue rose on new outlets and as costs were better controlled.
SGX RegCo said Tuesday 95 companies are on its Fast Track list, which provides them with prioritized response on certain corporate action submissions.
ST Engineering said Tuesday it divested its entire 49 percent stake in Takata CPI Singapore to Joyson Safety Systems International Finance for US$3.9M.
OCBC priced A$500M of senior floating rate green notes due 2022 at the three-month bank bill swap reference rate plus 0.63%, the bank said Tuesday.
Singapore stocks which may be in focus on Tuesday, 25 November 2019: SGX, Frasers Hospitality Trust, ThaiBev, SIIC Environment, Pine Capital and MindChamps.
Olam said Monday it entered a deal to sell the real estate assets of its California onion and garlic processing facility to Mesirow Financial for US$110.3M.
These are Singapore companies which announced share buybacks on Monday, 25 Nov. 2019: Keppel REIT, Stamford Land, OCBC, Singapore Shipping, and Telechoice.