UPDATE: Singapore share buybacks Thursday: OCBC, Olam, Jardine Strategic, Boustead Singapore
These are Singapore companies which announced share buybacks on Thursday, 13 June 2019: OCBC, Olam, Jardine Strategic and Boustead Singapore.
Property
LMIR Trust prices US$250 million five-year bond offering
LMIR Trust said Thursday it priced a US$250M five-year bond offering at 7.25%, in Asia’s first U.S. dollar high-yield bond issued by a REIT.
Oxley Holdings started at Buy by RHB on ‘major property sector bargain’
RHB started Oxley Holdings at Buy with a S$0.41 target price, calling it a “major property sector bargain” and “significantly undervalued.”
CRCT downgraded to Sell by OCBC on ‘short-term pain’ from China mall buys
OCBC downgraded CapitaLand Retail China Trust to Sell, saying the planned acquisition of three malls in China offered “long-term gain, but short-term pain.”
UPDATE: Singapore stocks to watch Thursday: Frasers Centrepoint Trust, CapitaLand, SGX, KIT
These are Singapore companies which may be in focus Thursday, 13 June 2019: Frasers Centrepoint Trust, CapitaLand, SGX, KIT and Bukit Sembawang.
Frasers Centrepoint Trust preferential offering meets solid demand
Frasers Centrepoint Trust said Wednesday its preferential offering of new units received valid acceptances and excess applications for 196.9% of the total.
UPDATE: Singapore stocks to watch Wednesday: Temasek, Sembcorp, Gallant, OCBC, UOB, OUE
These are Singapore companies which may be in focus on Wednesday, 11 June 2019: Temasek, Sembcorp, Gallant, OUE, China Jinjiang Environment, OCBC and UOB.
OUE: Majority of holders S$150 million 3 percent bonds tender for redemption
Around 89.67% of OUE’s S$150M 3.0% exchangeable bonds due 2023, or S$134.5M worth, were tendered for redemption, the property developer said Wednesday.
CRCT expects to tack through trade war impact to its China malls
U.S.-China trade tensions may be knocking market sentiment, but despite the risks, CapitaLand Retail China Trust has added to its China mall portfolio.
Sembcorp sells Gallant Venture stake at below-market price
Sembcorp Industries said Tuesday it disposed of its entire 10.27 percent stake in Gallant Venture, or 548.04 million shares, for S$62 million in cash.
UPDATE: Singapore stocks to watch Tuesday: SGX, Kingsmen Creatives, Ascendas REIT, Accordia Golf
These are Singapore companies which may be in focus on Tuesday, 11 June 2019: CapitaLand, CRCT, SGX, Kingsmen Creatives, Ascendas REIT and Accordia Golf.
CapitaLand to divest three China malls to CRCT for S$589 million
CapitaLand entered a deal to divest three China malls to CapitaLand Retail China Trust for CNY2.86 billion, or around S$589.2 million, the two said Tuesday.
APAC Realty to invest in Dots Connected for big data-based residential price estimates
APAC Realty said Monday it entered a deal to invest S$1 million in convertible notes issued by AI-enabled property research platform UrbanZoom’s parent.
Singapore share buybacks Monday: OCBC, Olam, JUMBO, Straits Trading
These are Singapore companies which announced share buybacks on Monday, 10 June 2019: OCBC, Olam, JUMBO and Straits Trading.
RHB: City Developments’ takeover bid for M&C is long-term positive
City Developments’ bid for Millennium & Copthorne Hotels is a long-term positive and should help reposition the ageing hotel assets, RHB said Monday.
UPDATE: Singapore stocks to watch Monday: City Developments, Singapore Airlines, Oxley, SPH
These are Singapore companies which may be in focus on Monday, 10 June 2019: City Developments, Singapore Airlines, Oxley and SPH.
Cromwell European REIT to get S$1.4M compensation from France for Parc Des Docks delay
Cromwell E-REIT said Monday France will pay compensation of S$1.4M for the loss of potential rents while the country deliberated on expropriating a property.
City Developments launches fresh takeover bid for Millennium & Copthorne Hotels
City Developments launched another takeover bid for Millennium & Copthorne,valuing the hotel operator at around S$3.86B, the Singapore company said Friday.
Singapore stocks to watch Friday: STI, ST Engineering, Sembcorp, Kingsmen Creatives, ESR
These are Singapore companies which may be in focus on Friday, 7 June 2019: Straits Times Index, ST Engineering, Sembcorp Industries and Kingsmen Creatives.
UPDATE: Singapore share buybacks Thursday: OCBC, Olam, JUMBO, Boustead Singapore, Straits Trading
These are Singapore companies which announced share buybacks on Thursday, 6 June 2019: OCBC, Olam, Boustead Singapore, JUMBO Group and Straits Trading.
UPDATE: Singapore stocks to watch Thursday: Cordlife, GIC, Singtel, ComfortDelGro, OUE, KIT
These are Singapore companies which may be in focus on Thursday, 6 June 2019: Cordlife, GIC, Singtel, ComfortDelGro, OUE and Keppel Infrastructure Trust.
OUE proposes redeeming S$150 million exchangeable bonds due 2023
OUE invited holders of its S$150M 3 percent exchangeable bonds due 2023 to tender the securities for early redemption, the property company said Tuesday.
Singapore share buybacks Tuesday: OCBC, Olam, SGX, Straits Trading
These are Singapore companies which announced share buybacks on Tuesday, 4 June 2019: OCBC, Olam, SGX and Straits Trading.
UPDATE: Singapore stocks to watch Tuesday: Keppel, SPH, Wilmar, LMIR Trust, Accordia Golf, Koufu
These are Singapore companies which may be in focus on Tuesday, 4 June 2019: Keppel, SPH, Wilmar, LMIR Trust, Accordia Golf, Koufu and Far East Orchard.
SPH enters 205 million pound term loan with OCBC and Standard Chartered
SPH said Tuesday it entered a four-year term loan facility of 205 million British pounds with OCBC and Standard Chartered Bank (Singapore).
