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.
Stocks
China Jinjiang confirms Zheneng Group to acquire controlling stake
China Jinjiang Environment confirmed Wednesday Zheneng Group will acquire a controlling stake in the waste-to-energy player for 1.63 billion yuan.
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.
OCBC’s Bank of Singapore to acquire Pacific Mutual Fund for around 36 million ringgit
Bank of Singapore entered a deal to acquire Pacific Mutual Fund from Lion Global Investors and Koperasi Angkatan Tentera Malaysia, OCBC said Tuesday.
Singapore share buybacks Tuesday: OCBC, Olam, Jardine Strategic, JUMBO
These are Singapore companies which announced share buybacks on Tuesday, 11 June 2019: OCBC, Olam, Jardine Strategic and JUMBO.
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.
UOB Venture Management to launch second Asia fund for impact investing
UOB Venture Management said Monday it will launch a second impact investment private equity fund for Asia, targeting education, healthcare and agriculture.
China Jinjiang Environment controlling shareholders to sell down stakes to Zhejiang Group
China Jinjiang Environment’s controlling shareholders said they planned to sell an around 29.79% stake to Zhejiang Energy and Zheneng Capital for CNY1.63B.
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 Exchange: US-China trade war spurred surge in May derivatives trading
The U.S.-China trade war spurred a surge in derivatives trading in May, with total derivatives traded volume jumping 46 percent on-year, SGX said Monday.
Toy giant Hasbro, Kingsmen to expand plans for family entertainment centers in Asia
Global toy giant Hasbro is expanding its deal with Kingsmen Creatives to build and operate family entertainment attractions across Asia Pacific.
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 share buybacks Friday: Olam, Raffles Medical, Global Palm Resources
These are Singapore companies which announced share buybacks on Friday, 7 June 2019: Olam International, Raffles Medical and Global Palm Resources.
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.
Sembcorp, BATU ink deal to improve employee training
Sembcorp Industries’ waste-management arm, SembWaste, and BATU entered a deal to improve training for around 700 SembWaste employees.
Kingsmen Creatives to expand Hasbro deal for NERF attractions to US market
Kingsmen Creatives said Thursday it expanded its licensing agreement with toy giant Hasbro to open NERF attractions to include the U.S. market.
ST Engineering sets maintenance joint venture with Vietnam Airlines
ST Engineering said Thursday its aerospace arm has entered a joint venture with Vietnam Airlines’ subsidiary VAECO to provide component MRO services.
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.
