These are Singapore companies which may be in focus on Monday, 22 July 2019: Prime US REIT, CapitaLand, Yangzijiang, SATS and YuuZoo Networks.Read More
These are Singapore companies which announced share buybacks on Thursday, 18 July 2019: Olam, Duty Free, Straits Trading and Eurosports.
SATS reported Thursday its fiscal first quarter net profit dropped 14.4 percent on-year to S$54.7 million amid amid trade uncertainty.
Keppel reported Thursday its second quarter net profit dropped 39 percent on-year to S$153 million on the absence of year-ago en bloc property sales.
KGI downgraded Keppel DC REIT to Neutral from Outperform, saying near-term catalysts for the REIT look priced in.
UOB KayHian downgraded CapitaLand Commercial Trust to Hold from Buy despite the trust benefiting from the office market upcycle’s rent increases.
These are Singapore companies which may be in focus on Thursday, 18 July 2019: UOB, SembMarine, CapitaLand Commercial Trust and Qian Hu.
Sembcorp Marine told SGX Thursday it wasn’t aware of any reason not previously announced to explain the jump in its share price Wednesday.
CapitaLand Commercial Trust priced its private placement at S$2.095 a unit, near the top of its range after strong demand, the trust said Thursday.
Soilbuild REIT reported Wednesday its 2Q19 net property income increased 12.8% on-year to S$22.36M, on the conversion of Solaris to a multi-tenanted property.
Fish breeder Qian Hu reported Wednesday its 2Q19 net profit surged 61.6% on-year despite lower sales of pet fish, amid a boost from its edible fish segment.
United Overseas Bank said Wednesday its Sydney branch plans to issue A$500 million of floating rate notes due July 2022.
Hyflux said Wednesday it sought clarification from Utico after media reports emerged with conflicting valuations for the UAE-based company’s investment.
CapitaLand Commercial Trust proposed a private placement of new units to raise around S$220 million, the trust said late Wednesday.
These are Singapore companies which announced share buybacks on Wednesday 17 July 2019: Olam, Straits Trading, Duty Free and CDW.
Suntec REIT’s acquisition of an Adelaide, Australia, office building looks “compelling,” even for a secondary city, Daiwa said in a note Tuesday.
CGS-CIMB downgraded Keppel DC REIT to Hold from Add, saying the positive industry fundamentals and potential catalysts are fully priced in.