Frasers Logistics & Commercial Trust to acquire Australia commercial property for A$60.3M
Frasers Logistics & Commercial Trust has entered a deal to buy a commercial property in Australia for A$60.25M, the REIT said Thursday.
Executive moves: Yeo Hiap Seng, Amos Group
Singapore companies announcing executive changes: Yeo Hiap Seng and Amos Group.
SG briefs: Cuscaden Peak, SPH REIT, Sakae, VCPlus, PEC
Singapore company briefs: VCPlus, Cuscaden Peak, SPH REIT and Hotel Properties, PEC Ltd. and Sakae Holdings.
Jardine Matheson posts 1Q22 recovery
Jardine Matheson reported Thursday a recovery in 1Q22, citing profit increases at Astra, Hongkong Land, Jardine C&C and the Motors business.
Mandarin Oriental: 1Q22 underlying losses narrow
Hospitality player Mandarin Oriental said its 1Q22 underlying losses were “much improved” on-year as trading conditions mostly recovered.
Hongkong Land: 1Q22 underlying profit rose, but HK property stumbled
Hongkong Land said Thursday its 1Q22 underlying profit rose on-year, mainly on a higher number of development property completions in China.
DFI Retail: 1Q22 grocery sales bolstered by panic buying
DFI Retail said Thursday its grocery and health and beauty businesses got a boost from panic buying in North Asia as Covid cases rose.
SG briefs: NIO, Darco Water, Soilbuild Construction, China Yuanbang Property
Singapore company briefs: NIO, China Yuanbang Property Holdings, Darco Water Technologies and Soilbuild Construction Group.
Temasek-linked Azalea sets pricing for Astrea 7 bonds
Azalea IM has set the pricing of three classes of private equity-backed bonds offered by Astrea 7, the entities said Thursday.
SG debt listings Thursday: Zhongliang Holdings
These are entities which announced debt listing confirmations in Singapore on Thursday, 19 May 2022: Zhongliang Holdings.
Singapore Financial Sector Set for Hiring Spree: Central Bank
Singapore’s financial sector is on track for a hiring spree this year, the central bank chief said Thursday.
Shopee parent Sea gets digital finance boost
Sea Ltd., the parent of e-commerce player Shopee and FreeFire’s platform Garena, found a 1Q22 bright spot in its digital finance revenue.