Morningstar: These US sectors offer value after market run up
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.
Morningstar: Hong Kong’s market has become cheap
Hong Kong’s market has become one of Asia’s cheapest markets, largely due to the protests, Morningstar’s Lorraine Tan said Friday.
UPDATE: Singapore stocks to watch Monday: FCOT, FLT, ThaiBev, Lendlease Global REIT, Oxley, UEL
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.
UPDATE: Frasers Logistics Trust and Frasers Commercial Trust enter S$1.54 billion merger deal
Frasers Logistics & Industrial Trust and Frasers Commercial Trust announced Monday they plan to merge, creating a diversified S$5.7 billion portfolio.
China Everbright lands two waste-water treatment projects
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.
Singapore share buybacks Friday: Stamford Land, Anchun, Silverlake Axis, Cheung Woh, AEI
These are Singapore companies which announced share buybacks on Friday, 29 November 2019: Stamford Land, Silverlake Axis, Anchun, AEI and Cheung Woh.
Debt listings Friday: Korea Railroad
These are companies which announced debt listing confirmations on Friday, 29 November 2019: Korea Railroad.
BlackRock tops up Lendlease Global Commercial REIT stake
BlackRock topped up its stake in Lendlease Global Commercial REIT, becoming a substantial unitholder again, the asset manager said Friday.
No Signboard Holdings reports fiscal year net loss more than doubled
No Signboard reported Friday its fiscal year net loss widened to S$4.85 million on lower revenue from the seafood restaurants and the beer operations.
State Street becomes substantial unitholder of Ascendas REIT
State Street has become a substantial unitholder of Ascendas REIT, with its direct interest rising to 5.01 percent, the asset manager said Friday.
Thai Beverage: Talks on listing beer business at ‘exploratory’ stage
Thai Beverage is evaluating strategic proposals, including a potential listing of its beer business, the Chang beer maker said in a filing to SGX.
How Impossible Foods is tackling Asian markets, including China
Impossible Foods has a plan for launching its plant-based alternative to meat in Asia’s markets: It’s taking aim at the region’s traditional dishes.
UPDATE: Singapore stocks to watch Friday: SGX, Lendlease Global REIT, Accordia Golf, Eagle H-Trust, FCOT, FLT
These are Singapore companies which may be in focus on Friday, 29 November 2019: SGX, Lendlease Global REIT, Accordia Golf Trust and Eagle Hospitality Trust.
Cromwell European REIT enters deal to acquire Italy property for around 18 million euros
Cromwell European REIT said Friday it entered a deal to acquire an office property in Agrate, Italy, from C3 Investment Fund – FIA for EUR17.7M.
Debt listings Thursday: Korea Development Bank, Zhenjiang Transportation
These are companies which announced debt listing confirmations on Thursday, 28 November 2019: Korea Development Bank and Zhenjiang Transportation.
Singapore share buybacks Thursday: OCBC, Stamford Land, Silverlake Axis, AEM, Global Investments
These are Singapore companies which announced share buybacks on Thursday, 28 Nov. 2019: OCBC, Stamford Land, Silverlake Axis, Global Investments and AEM.
SGX RegCo proposes removing minimum trading price rule
SGX RegCo has proposed Thursday removing its minimum trading price (MTP) rule as other steps to prevent market manipulation have cut the number of alerts.
Eagle Hospitality Trust sponsor’s principal buys more units
Howard Wu, a principal of Eagle Hospitality Trust’s sponsor, has purchased more units of the trust via his wholly owned company, Wu said Thursday.
China Everbright Water seeks OK to issue asset-backed securities in Shanghai
China Everbright Water said Thursday it has applied to the Shanghai Stock Exchange for a possible issuance of asset-backed securities.
Accordia Golf Trust gets non-binding bid for its golf courses
Accordia Golf Trust has received a non-binding proposal to divest all of its interests in its golf courses, the trust said in a filing to SGX Thursday.
BlackRock ceases to be substantial Lendlease Global Commercial REIT unitholder
BlackRock has ceased to be a substantial unitholder of Lendlease Global Commercial REIT, the asset manager said in a filing to SGX Thursday.
UPDATE: Singapore stocks to watch Thursday: SGX, F&N, MoneyMax, Venture, SPH REIT, Hiap Seng
These are Singapore companies which may be in focus on Thursday, 28 November 2019: SGX, F&N, MoneyMax, Venture, SPH REIT and Hiap Seng.
First Sponsor divests Netherlands property to associated company for around S$163 million
First Sponsor said Thursday it sold FS NL Zuidoost Property 15 (NLP15) to 33 percent-owned associated company FSMC NL Property Group for EUR108.1 million.
Singapore share buybacks Wednesday: OCBC, Stamford Land, Anchun, Silverlake Axis, ST Group Food
Singapore companies which announced share buybacks on Wednesday, 27 Nov. 2019: OCBC, Stamford Land, Silverlake Axis, Anchun and Global Investments.
Hiap Seng Engineering reports fiscal 2Q net loss narrowed
Hiap Seng Engineering reported Wednesday its fiscal 2Q net loss narrowed to S$8.51M from a loss of S$22.30M in the year-ago period on lower operating costs.
SGX adds variable rates to securities borrowing and lending program
SGX said Wednesday it would replace the fixed rates for the securities borrowing and lending (SBL) program with variable and more competitive rates.
SGX adds ADM Investor Services as trading and clearing member
Singapore Exchange said Wednesday ADM Investor Services Singapore (ADMIS SG) has become a trading and clearing member of the derivatives market.
Fraser and Neave increases investment in Emerald Brewery Myanmar
Fraser and Neave said Wednesday it subscribed for an additional 4.69M new shares in Emerald Brewery Myanmar at US$1 each for a total of US$4.69M.
MoneyMax obtains options to purchase two Lucky Plaza properties
MoneyMax said Wednesday it obtained two options to purchase two properties at Lucky Plaza from an unrelated party for a total S$18 million.
UPDATE: Singapore stocks to watch Wednesday: OCBC, SGX, Hyflux, ST Engineering, Singtel, Kimly, JUMBO
These are Singapore companies which may be in focus on Wednesday, 27 November 2019: OCBC, SGX, Hyflux, ST Engineering, Mapletree Logistics Trust and JUMBO.
Singapore share buybacks Tuesday: OCBC, Keppel REIT, Stamford Land, Silverlake Axis
These are Singapore companies which announced share buybacks on Tuesday, 26 November 2019: OCBC, Keppel REIT, Stamford Land, Silverlake Axis and AEI.
Hyflux agrees to restructuring deal, with Utico to invest up to S$400 million
Hyflux has agreed to a restructuring deal, with Utico FZC to pay S$300 million for new shares representing 95 percent of the troubled water company.
Kimly reports fiscal 4Q net profit fell 6 percent despite higher revenue
Kimly reported Tuesday its full fiscal year net profit fell 8.4 percent on-year to S$20.1 million despite higher revenue, amid higher expenses.
Restaurateur JUMBO reports fiscal year net profit rose 6 percent
JUMBO reported Tuesday fiscal year net profit rose 5.9% on-year to S$11.67M as Singapore revenue rose on new outlets and as costs were better controlled.
SGX RegCo launches list of SGX Fast Track companies
SGX RegCo said Tuesday 95 companies are on its Fast Track list, which provides them with prioritized response on certain corporate action submissions.
ST Engineering divests Takata CPI Singapore
ST Engineering said Tuesday it divested its entire 49 percent stake in Takata CPI Singapore to Joyson Safety Systems International Finance for US$3.9M.
OCBC prices A$500 million green notes due 2022
OCBC priced A$500M of senior floating rate green notes due 2022 at the three-month bank bill swap reference rate plus 0.63%, the bank said Tuesday.
UPDATE: Singapore stocks to watch Tuesday: Olam, SGX, Frasers Hospitality, ThaiBev, SIIC Environment
Singapore stocks which may be in focus on Tuesday, 25 November 2019: SGX, Frasers Hospitality Trust, ThaiBev, SIIC Environment, Pine Capital and MindChamps.
Olam to sell onion and garlic processing facility’s property assets for US$110M
Olam said Monday it entered a deal to sell the real estate assets of its California onion and garlic processing facility to Mesirow Financial for US$110.3M.
Singapore share buybacks Monday: Keppel REIT, OCBC, Stamford Land, AEI, Telechoice, Singapore Shipping
These are Singapore companies which announced share buybacks on Monday, 25 Nov. 2019: Keppel REIT, Stamford Land, OCBC, Singapore Shipping, and Telechoice.