Mapletree North Asia Commercial Trust said Wednesday it entered a deal to acquire 98.47 percent of two office properties in Greater Tokyo, Japan, for S$482.5M.
Sembcorp Industries said Wednesday it entered a deal to acquire the remaining 5.95 percent of SEIL it doesn’t already own from its local Indian partner.
Keppel REIT has obtained an unsecured S$150 million green loan facility from OCBC, the REIT’s second green loan facility, the REIT said Wednesday.
S&P Global Ratings has cut its long-term issuer credit rating on Genting Bhd. to BBB-plus from A-minus, the ratings agency said in a statement Wednesday.
These are Singapore companies which may be in focus on Wednesday, 4 December 2019: Parkway Life REIT, Thakral, China Jinjiang Environment and Halcyon Agri.
These are Singapore companies which annoucned share buybacks on Tuesday, 3 December 2019: OCBC, Keppel REIT, Sembcorp Industries, ST Engineering and Kimly.
Parkway Life REIT said Tuesday it has entered a deal to acquire three nursing rehabilitation facilities in Japan for 3.7B yen, or around S$46.3M.
Thakral said Tuesday its GemLife JV has entered a deal to acquire 46.4 hectares of land in Queensland, Australia, to develop a lifestyle resort.
These are Singapore companies which may be in focus on Tuesday, 3 December 2019: FCOT, FLT, UOB, Ascendas REIT, Mapletree Commercial Trust and Temasek.
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.
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 Strategic said Monday it has completed the placement of 332.5 million new shares to an indirect wholly owned subsidiary of Ayala Corp.
UOB Asset Management has entered a deal to acquire around 24.53 percent of VAM Vietnam Fund Management from Nguyen Xuan Minh, UOB said Monday.
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.
In the U.S., the energy and healthcare sectors have underperformed and offer more investor value, Daniel Rohr, head of global equity research at Morningstar, said Friday.
Hong Kong’s market has become one of Asia’s cheapest markets, largely due to the protests, Morningstar’s Lorraine Tan said Friday.
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.
Frasers Logistics & Industrial Trust and Frasers Commercial Trust announced Monday they plan to merge, creating a diversified S$5.7 billion portfolio.
China Everbright Water said Monday it obtained two waste-water treatment projects, one in Liaoning Province and the other in Shandong Province, with an around CNY279M.
These are Singapore companies which announced share buybacks on Friday, 29 November 2019: Stamford Land, Silverlake Axis, Anchun, AEI and Cheung Woh.