These are Singapore companies which may be in focus on Tuesday, 21 May 2019: Olam, Singapore Airlines, Singapore Exchange and POSH.
Olam said Tuesday its wholly owned subsidiary Olam Americas priced a US$120 million offering of five-year fixed-rate notes in a private placement.
China Everbright Water’s double-digit pace of earnings growth and attractive valuations signal it is underappreciated by the market, DBS said.
Singapore’s national water agency PUB said it will take over Hyflux’s Tuaspring Desalination Plant, after it terminated the water purchase agreement.
These are Singapore companies which announced share buybacks on Friday, 17 May 2019: OCBC, ST Engineering, Keppel REIT, China Sunsine Chemical and Kimly.
These are Singapore companies which may be in focus on Friday, 16 May 2019: SATS, Singapore Airlines, Frasers Centrepoint Trust, Yongnam and TEE International.
TEE International’s subsidiary TEE Infrastructure has won four waste management contracts from Changi Airport Group (Singapore), the company said Thursday.
Civil engineering firm Yongnam has obtained five contracts worth S$120.8 million across Singapore, Hong Kong and India, the company said Thursday.
These are Singapore companies which may be in focus on Thursday, 16 May 2019: UOB, Singapore Airlines, OCBC, Hyflux, UOL and Ezion.
China Everbright Water reported Wednesday its first quarter net profit increased 16 percent on-year to HK$206.35 million as construction revenue increased.
Uni-Asia reported Wednesday its first quarter net profit rose 10 percent on-year to US$3.66 million on better investment returns and higher hotel income.
Ezion Holdings reported Wednesday its 1Q19 loss after tax narrowed to US$12.85 million from US$40.37 million in the year-ago period, amid lower expenses.
Hyflux said Wednesday it received interest from an investor interested in acquiring certain assets in Algeria and Oman and in the Middle East and North Africa.
These are Singapore companies which may be in focus on Wednesday, 15 May 2019: Singtel, City Developments, ST Engineering, SGX, CDG, Hyflux, Yanlord, Spackman and JUMBO.
First Resources reported Wednesday its 1Q19 net profit dropped 55.7 percent on-year to US$12.29 million on weaker crude palm oil prices.
More than a third of fund managers have taken out hedges to protect against a sharp market fall over the next three months, the May BofA-ML fund manager survey found.
Kencana Agri reported Tuesday it swung to a 1Q19 net profit of US$602,000 on fair value gains on biological assets and the stronger Indonesian rupiah.
Hyflux has received a binding offer from UAE-based Utico, but has not accepted or entered into a binding deal, the Singapore water player said Tuesday.
Agri-business Olam reported Tuesday its 1Q19 net profit increased 6.9% on-year to S$168.88 million on higher contributions from edible nuts and cocoa.
Bumitama Agri reported Tuesday its first quarter net profit dropped 52.3 percent to 110.61 billion rupiah as crude palm oil (CPO) prices declined.
Golden Agri reported Tuesday its 1Q19 net profit rose 55 percent on-year to US$18 million, mainly on the gain from disposing of an Indonesian subsidiary.
Utico provided Hyflux a binding offer for a S$400M investment, Richard Menezes, the CEO of the UAE-based company, said Sunday, Reuters reported.
These are Singapore companies which may be in focus on Monday, 10 May 2019: Thai Beverage, Hyflux, SGX, Singapore Airlnes and Accordia Golf Trust.
Keppel FELS obtained a more than S$150M contract from Danish renewable energy company Orsted for two offshore wind-farm substations, Keppel said Sunday.
These are Singapore companies which announced share buybacks on Friday, 10 May 2019: Kimly and Japfa.