SPH REIT fiscal 2Q net property income rises on Rail Mall, Figtree acquisitions
SPH REIT reported on Friday its fiscal second quarter net property income rose 8.5 percent on-year to S$45.8 million, mainly on contributions from the acquisitions…
Property
City Developments obtains S$500 million green loans for new property developments
City Developments said on Friday it obtained S$500 million in green loans, marking the first time green loans in Singapore will be used for new property developments.
UPDATE: Singapore stocks to watch Friday: Hyflux, Frasers Property, CapitaMall Trust
These are Singapore companies which may be in focus on Friday, 5 April 2019: Hyflux, Frasers Property, CapitaLand Mall Trust and Uni-Asia.
Frasers Property proposes S$400 million perpetual security issue
Frasers Property said on Thursday it proposed issuing S$400 million fixed-rate subordinated perpetual securities at 4.98 percent.
Uni-Asia raises more than S$5 million in share placement
Uni-Asia said Thursday it completed a placement of 5.42 million new shares, raising around S$5.42 million after meeting with strong investor demand.
Singapore share buybacks Thursday: OCBC, Kimly, Stamford Land
These are Singapore share buybacks announced on Thursday, 4 April 2019: OCBC OCBC bought back 200,000 shares in the market at S$11.63 each for a…
CapitaLand Mall Trust issues US$300 million of 10-year notes
CapitaLand Mall Trust said Thursday it issued US$300 million of 10-year fixed rate notes at 3.609 percent to institutional and/or sophisticated investor(s).
Frasers Property: In talks over selling stake in Frasers Tower
Frasers Property said Thursday it has been in talks with “certain parties” who expressed interest in a stake in the Frasers Tower property in Singapore.
UPDATE: Singapore stocks to watch Thursday: Genting Singapore, SingPost, SATS, Pine Capital
These are Singapore companies which may be in focus on Thursday, 4 April 2019: Genting Singapore, SingPost, SATS and Pine Capital.
UPDATE: Singapore stocks to watch Wednesday: Keppel REIT, Singtel, DeClout, Addvalue Tech
These are Singapore companies which may be in focus on Wednesday, 3 April 2019: Keppel REIT, Singtel, DeClout and Addvalue Technologies.
Keppel REIT prices S$200 million five-year convertible bond issue at 1.90 percent
Keppel REIT said Tuesday it priced its S$200 million five-year convertible bond offering at 1.90 percent, the top end of the expected interest rate range.
Singapore share buybacks Tuesday: OCBC, Kimly, Straits Trading, Global Palm
These are Singapore companies which announced share buybacks on Tuesday, 2 April 2019: OCBC, Kimly, Global Palm Resources and Straits Trading.
Keppel REIT plans to issue up to S$250 million in convertible bonds
Keppel REIT said on Tuesday it planned to issue S$200 million of five-year convertible bonds, with the possibility of upsizing the offer to as much as S$250 million.
UPDATE: Singapore stocks to watch Tuesday: SIA Engineering, Keppel, Olam, Golden Agri
These are Singapore stocks which may be in focus on Tuesday, 2 April 2019: SIA Engineering, Keppel, Olam and Golden Agri-Resources.
UPDATE: Singapore stocks to watch Monday: Swiber, SIA Engineering, SIA, Hyflux, CapitaLand
These are Singapore companies which may be in focus on Monday, 1 April 2019: Swiber, SIA Engineering, Hyflux, Singapore Airlines and CapitaLand.
Frasers Logistics Trust to divest Australia property for around A$17 million
Frasers Logistics & Industrial Trust said on Friday it would sell a Victoria, Australia, property to Enbourne for A$17.25 million.
CapitaLand and CRCT to divest CapitaMall Wuhu
CapitaLand and CapitaLand Retail China Trust said Friday they entered a deal to divest CapitaMall Wuhu, which has been shuttered since last year.
Boustead Projects plans to acquire 25 percent of DSCO Group
Boustead Projects said Friday it entered a deal to acquire 25 percent of DSCO Group from several shareholders for around S$4.21 million.
Singapore stocks to watch Friday: City Developments, Hotel Properties
These are the Singapore companies which may be in focus on Friday, 29 March 2019: City Developments A joint venture comprising Hong Leong Holdings and…
Singapore stocks to watch Thursday: ST Engineering, SGX, Singapore Airlines
These are the Singapore companies which may be in focus on Thursday, 28 March 2019: Singapore Technologies Engineering Singapore Technologies Engineering said late on Wednesday…
Singapore’s GIC takes 25 percent stake in Dutch boutique hotel chain: Reports
Singapore state-owned investment company GIC has taken a 25 percent stake in Dutch boutique hotel chain CitizenM, according to reports in the WSJ and the FT.
Roxy-Pacific signs management deal with Park Hotel for Melbourne hotel
Roxy-Pacific Holdings and Park Hotel Group said on Wednesday they signed a management deal to open the Park Hotel Melbourne in 2022.
Ascott Residence Trust to acquire Sydney Hotel for nearly A$61 million
Ascott Residence Trust said on Wednesday it was acquiring the Felix Hotel, located near the Sydney Airport in Australia, for A$60.6 million or S$58.8 million.
Asia’s hotels are trying to go green. Here’s how
Hotels can confound environmental efforts: They use too much energy and create too much waste.Some of Asia’s largest hoteliers are hoping to change that.
Uni-Asia proposes share placement to raise funds and improve liquidity
Shipping and property investor Uni-Asia said on Wednesday that it proposed placing up to 5.42 million shares at S$1.08 each to raise funds for property investments and to improve the stock’s liquidity.