Olam to sell some Australia water rights to PSP Investments for A$490 million
Olam said Tuesday it entered a deal to sell 89,095 metaliters of its permanent water rights in Australia to a related entity of PSP Investments for A$490M.
Property
Ascendas REIT rights issue meets strong demand
Ascendas REIT said Monday its rights issue of 679.09M units to raise S$1.31B met with strong demand, with applications for around 136 percent of the total.
Yoma completes first tranche of placement shares to Ayala Corp.
Yoma Strategic said Monday it has completed the placement of 332.5 million new shares to an indirect wholly owned subsidiary of Ayala Corp.
Prime US REIT included in MSCI Singapore Small Cap Index
Prime US REIT has been included in the MSCI Singapore Small Cap Index as of 26 November, the U.S. office REIT said in a filing to SGX Monday.
Morningstar: Hong Kong’s market has become cheap
Hong Kong’s market has become one of Asia’s cheapest markets, largely due to the protests, Morningstar’s Lorraine Tan said Friday.
UPDATE: Singapore stocks to watch Monday: FCOT, FLT, ThaiBev, Lendlease Global REIT, Oxley, UEL
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.
UPDATE: Frasers Logistics Trust and Frasers Commercial Trust enter S$1.54 billion merger deal
Frasers Logistics & Industrial Trust and Frasers Commercial Trust announced Monday they plan to merge, creating a diversified S$5.7 billion portfolio.
Singapore share buybacks Friday: Stamford Land, Anchun, Silverlake Axis, Cheung Woh, AEI
These are Singapore companies which announced share buybacks on Friday, 29 November 2019: Stamford Land, Silverlake Axis, Anchun, AEI and Cheung Woh.
BlackRock tops up Lendlease Global Commercial REIT stake
BlackRock topped up its stake in Lendlease Global Commercial REIT, becoming a substantial unitholder again, the asset manager said Friday.
State Street becomes substantial unitholder of Ascendas REIT
State Street has become a substantial unitholder of Ascendas REIT, with its direct interest rising to 5.01 percent, the asset manager said Friday.
UPDATE: Singapore stocks to watch Friday: SGX, Lendlease Global REIT, Accordia Golf, Eagle H-Trust, FCOT, FLT
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 enters deal to acquire Italy property for around 18 million euros
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.
Singapore share buybacks Thursday: OCBC, Stamford Land, Silverlake Axis, AEM, Global Investments
These are Singapore companies which announced share buybacks on Thursday, 28 Nov. 2019: OCBC, Stamford Land, Silverlake Axis, Global Investments and AEM.
Eagle Hospitality Trust sponsor’s principal buys more units
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.
Accordia Golf Trust gets non-binding bid for its golf courses
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 ceases to be substantial Lendlease Global Commercial REIT unitholder
BlackRock has ceased to be a substantial unitholder of Lendlease Global Commercial REIT, the asset manager said in a filing to SGX Thursday.
UPDATE: Singapore stocks to watch Thursday: SGX, F&N, MoneyMax, Venture, SPH REIT, Hiap Seng
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 divests Netherlands property to associated company for around S$163 million
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 share buybacks Wednesday: OCBC, Stamford Land, Anchun, Silverlake Axis, ST Group Food
Singapore companies which announced share buybacks on Wednesday, 27 Nov. 2019: OCBC, Stamford Land, Silverlake Axis, Anchun and Global Investments.
MoneyMax obtains options to purchase two Lucky Plaza properties
MoneyMax said Wednesday it obtained two options to purchase two properties at Lucky Plaza from an unrelated party for a total S$18 million.