Singapore executive moves Wednesday: QT Vascular’s independent chairman to retire
These are Singapore companies which announced personnel changes on Wednesday, 13 October 2021: QT Vascular.
Stocks
Duty Free International fiscal 2Q loss narrows despite closure of retail outlets
Duty Free International said Wednesday its fiscal 2Q net loss narrowed to MYR5.65M, mainly on lower expenses as its stores were shuttered.
Dymon Asia Private Equity fund to acquire around 14 percent stake in Challenger Technologies
Challenger entered a deal to allot 56.55 million new shares, or 14.08 percent of the enlarged capital, to Dymon Asia Private Equity.
ASL Marine: Auditor cites material uncertainty over going concern
ASL Marine’s auditor cited a material uncertainty over the group’s ability to continue as a going concern in its report on the fiscal 2021 financial statements.
UPDATE: Singapore share buybacks Wednesday: UOB, OCBC, Sembcorp, Q&M, Goodland, Hongkong Land, Jardine Matheson
Singapore companies announcing share buybacks Wed., 13 Oct. 2021: OCBC, Sembcorp Industries, Q & M Dental, Goodland, Broadway Industrial, G.K. Goh and Global Investments.
AIMS APAC REIT posts fiscal 1H net property income rose 19 percent, partly on acquisition
AIMS APAC REIT said Wednesday its fiscal 1H net property income rose 19.4% on-year to S$47.71M, mainly on the 7 Bulim Street property.
CapitaLand China Trust prices private placement at bottom of range in oversubscribed deal
CapitaLand China Trust has priced its private placement at S$1.165, the bottom of the indicative range, in an oversubscribed deal.
Singapore stocks Wednesday: CapitaLand Investment SGX, AIMS APAC REIT, AEM, ESR Cayman, Sabana REIT, Creative, Dasin Retail REIT, Metech
Companies in focus Wed., 12 Oct. 2021: CLI and Ascott, SGX, AIMS APAC REIT, Dragon Pacific Assets, AEM, EPF, First Resources, ESR Cayman, Sabana REIT, ARA Asset, Dasin Retail Trust, Sino-Ocean Capital, Tuan Sing, Creative and Metech.
UPDATE: Metech enters collaboration deals with Guangzhou Diamond Exchange and NTGS
Metech entered separate strategic collaboration deals with Guangzhou Diamond Exchange and National Testing Centre for Gold and Silver Jewellery (Tianjin).
Tuan Sing prices S$200M notes due 2024 amid solid demand
Tuan Sing priced S$200M in notes due 2024 at 6.9% on solid demand despite uncertain market conditions, the real estate company said Tuesday.
CORRECTION: Sino-Ocean Capital becomes major shareholder of Dasin Retail Trust’s manager
New Harvest Investments, an affiliate of Sino-Ocean Capital, has become a controlling shareholder of Dasin Retail Trust’s manager.
CapitaLand Investment’s Ascott enters deal with Sun Group to manage Vietnam serviced residence development
CapitaLand Investment’s Ascott entered a deal with Sun Group to manage Vietnam’s largest serviced residence development.