Frasers Property reports fiscal 1Q net profit jumped 76 percent on income assets
Frasers Property reported Tuesday fiscal 1Q net profit jumped 76.1% on-year, boosted by a larger recurring income base and sales of residential projects.
Hutchison Port Holdings Trust reports 4Q18 net loss as trade tensions spur impairments
Hutchison Port Holdings Trust reported Tuesday a 4Q18 net loss of HK$12.11B, swinging from a year-ago profit on impairments related to trade tensions.
Stamford Land fiscal 3Q net profit rose 45 percent amid forex gains, higher development revenue
Stamford Land reported on Tuesday its fiscal third quarter net profit increased 44.5 percent on-year to S$14.08 million amid foreign-exchange gains and higher property development revenue.
SBS Transit reports full-year net profit jumped 70 percent on higher rail ridership
SBS Transit reported on Tuesday that its full-year net profit jumped 70.0 percent on-year to S$80.10 million amid higher rail ridership and bus mileage.
Coffee shop operator Kimly’s fiscal 1Q net profit falls as expenses climb
Singapore-style coffee shop operator Kimly reported on Tuesday its fiscal first quarter net profit fell 8.2 percent on-year to S$5.3 million despite increased revenue as costs rose.
UPDATE: Singapore stocks to watch Tuesday: Mapletree Industrial, CapitaLand Mall Trust, M1, Hyflux, Sakae
These are Singapore companies which may be in focus on Tuesday, 12 February 2019: Mapletree Industrial Trust, CapitaLand Mall Trust, M1, Hyflux and Sakae.
Valuetronics reports fiscal 3Q net profit rose despite fall in consumer electronics revenue
Valuetronics reported its fiscal third quarter net profit rose 2.6 percent to HK$59.7 million despite a decline in consumer electronics (CE) revenue.
Mapletree Industrial Trust private placement oversubscribed, raises around S$201 million
Mapletree Industrial Trust’s private placement was oversubscribed, raising around S$201.0 million after pricing above its indicative range, it said Tuesday.
Mapletree Industrial launches private placement to raise up to S$175 million
Mapletree Industrial Trust launched a private placement of 90.44 million new units to raise up to S$175 million, it said in a filing to SGX late on Monday.
Vividthree reports fiscal 3Q net profit dropped 16 percent as Train to Busan VR drives revenue
Vividthree Holdings reported on Monday that its fiscal third quarter net profit dropped 16.1 percent on-year to S$1.2 million amid higher expenses.
Sushi restaurateur Sakae reports fiscal 2Q loss amid moves to ‘streamline’ operations
Sushi restaurateur Sakae Holdings reported on Monday a fiscal second quarter net loss of S$545,000, swinging from a year-ago net profit of S$99,000 amid efforts to “streamline” operations.
Soft drink maker Fraser and Neave reports fiscal 1Q net profit rose nearly 48 percent
Fraser and Neave reported on Monday that its fiscal first quarter net profit rose 47.5 percent on-year to S$37.95 million amid higher contributions from the dairies operations.
Oxley Holdings reports fiscal 2Q net profit dropped 33 percent on lower UK revenue
Oxley Holdings reported on Monday fiscal second quarter net profit attributable to owners of the company dropped 33 percent on-year to S$45.24 million, mainly on lower revenue from a project in the U.K.
CapitaLand Mall Trust issues S$100 million fixed rate notes due 2026
CapitaLand Mall Trust’s wholly owned subsidiary CMT MTN issued S$100 million of fixed rate notes due 11 February 2026 to institutional and/or sophisticated investors, it…
Ascendas India Trust inks deal to acquire two warehouses in Uttar Pradesh
Ascendas India Trust said on Monday that it signed non-binding term sheets for the proposed acquisition of two warehouses in a logistics park at Khurja, Uttar Pradesh.
Maybank KimEng: SIA Engineering earnings not as bad as they look
SIA Engineering had an “ugly” fiscal third quarter, which missed forecasts, but it’s “not as terrible as it looks,” as it was mainly from one-offs at associates, Maybank KimEng said in a note on Monday.
Daiwa: Worst isn’t over for SIA Engineering
The worst isn’t over for SIA Engineering amid deteriorating fundamentals, Daiwa said on Friday after earnings missed forecasts on surprise provisions for joint ventures and associates.
UPDATE: Singapore stocks to watch Monday: Manulife US REIT, SIA Engineering, Ascendas REIT, No Signboard, Creative
These are Singapore companies which may be in focus Monday, 11 February 2019: SIA Engineering, Manulife US REIT, Ascendas REIT, No Signboard and Creative.
APAC Realty to expand ERA brand in Indonesia and Thailand
APAC Realty, which holds exclusive ERA regional master franchise rights in 17 Asia Pacific countries, said on Monday it entered partnerships in Indonesia and Thailand to expand its presence.
Yoma Strategic to acquire 65 percent stake in Myanmar restaurant chain YKKO
Yoma Strategic plans to acquire a 65 percent stake in Yankin Kyay Oh Group (YKKO), one of Myanmar’s largest restaurant chains, for around S$17.08 million, it said Monday.
Manulife US REIT reports 4Q18 net property income rose 38 percent, beating DBS forecast
Manulife US REIT reported on Monday its fourth quarter net property income increased 38.4 percent on-year to US$25.49 million on the four office properties acquired in 2017 and 2018.
Ezion downgraded by DBS after profit warning dampens turnaround story
DBS downgraded Ezion to Hold from Buy and slashed its target price to S$0.06 from S$0.14 after the company issued a profit warning last week.
Courts Asia reports fiscal 3Q net loss of S$171,000 on lower service charge income
Home appliance and furniture retailer Courts Asia reported on Saturday a fiscal third quarter net loss of S$171,000, swinging from a year-earlier net profit of S$3.51 million amid a drop in service charge income.
Creative Technology subsidiary ZiiLabs settles patent lawsuits
Creative Technology said Saturday its wholly owned subsidiary ZiiLabs settled patent infringement lawsuits against patent aggregator RPX.
Ascendas REIT accepts JTC leasehold offer for Grab project
Ascendas REIT said Friday it accepted the letter of offer from JTC for a one-north area land parcel for Grab’s Singapore headquarters.
