Vacuum cleaner maker Dyson has ditched its plans to enter the highly competitive electric car market, according to media reports Thursday.
CapitaLand priced S$500 million fixed-rate perpetual notes at 3.65 percent, with the issue date set for 17 October, the property developer said Thursday.
ESR-REIT’s preferential offering received lukewarm interest for acceptances, but stronger demand for excess applications, causing it to be over-subscirbed.
SPH REIT reported Thursday its fiscal 4Q net property income rose 11.8 percent on-year to S$45.81M, mainly on contributions from new acquisitions.
Accordia Golf Trust reported Thursday the number of players on its 88 golf courses in September rose 12.2 percent on-year to 521,068.
These are Singapore companies which may be in focus on Thursday, 10 October 2019: Frasers Property, Keppel DC REIT, SGX, SembMarine and POSH.
Duty Free International reported Wednesday its fiscal 2Q net profit fell 60.8% on-year on lease accounting changes, lower profit margin and lower FX gains.
JV partners Frasers Property Australia and Sekisui House Australia sold the final three retail assets in Sydney’s Central Park for A$174.5M, the companies said Thursday.
Keppel DC REIT said late Wednesday its preferential offering of 141.99M new units at S$1.71 each met with solid demand, coming in at 175.4% subscribed.
These are Singapore companies which announced share buybacks on Wednesday, 9 October 2019: Anchun International, GRP, CDW Holding and Global Investments.
These are Singapore companies which announced share buybacks on Tuesday, 8 October 2019: Stamford Land, Eurosports, GRP, CDW Holding and Global Investments.
These are Singapore companies which may be in focus on Wednesday, 9 October 2019: Comfort DelGro, SBS Transit, Hi-P, Fraser & Neave and Sembcorp.
Shenton Wire wishes its Jewish readers a good yom tov for Yom Kippur. We will be publishing on a reduced schedule on Wednesday, 9 October 2019.
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Sembcorp Industries and the Energy Market Authority said Tuesday they have provided a grant to NTU to develop Singapore’s first virtual power plant (VPP).
Hi-P International said Tuesday it entered a deal to acquire Singapore-based plastics manufacturer SEAMCO for US$31 million.
These are Singapore companies which may be in focus on Tuesday, 8 October 2019: SembMarine, Lendlease Global Commercial REIT, Oxley and Chip Eng Seng.
These are Singapore companies which announced share buybacks on Monday, 7 October 2019: Stamford Land, Singapore Medical, Starburst, Anchun and GRP.
Parkson Retail Asia said Monday Parkson Holdings pledged continued financial support amid auditor concerns over whether it can remain a going concern.
Sembcorp Marine said Monday it has reached a settlement with Sete Brasil over contracts for seven drillships with a total contract price of US$5.6 billion.
Oxley said Monday it acquired the 60 percent of Pindan Group it didn’t already own to settle its claim over a failure to meet agreed performance targets.
Chip Eng Seng said Monday it entered a deal to acquire an around 38 percent stake in educational technology company Amdon Consulting for S$5.4 million.
WeWork’s turmoil has highlighted how the coworking segment has driven office demand in Singapore, potentially signalling tougher times ahead, DBS said.
These are Singapore companies which may be in focus on Monday, 7 October 2019: Keppel, Lendlease Global Commercial REIT, OCBC and Kingmen Creatives.
KGI started ARA US Hospitality Trust at Outperform, pointing to select-service hotels’ relatively strong growth rate and higher margins.
Keppel entered a settlement deal with six Sete Brasil subsidiaries over six semisubmersible drilling rigs being built for them, Keppel said Monday.
These are Singapore companies which announced share buybacks on Friday, 4 October 2019: Healthway Medical, CDW, Eurosports, GRP and Singapore Shipping.
MeGroup plans to acquire another 25 percent of Honda dealership operator MJN Motors for up to MYR3.75M, the Malaysian car dealership operator said Friday.
These are Singapore companies which may be in focus on Friday, 4 October 2019: Ascendas REIT, Manulife US REIT, Raffles Infrastructure and Addvalue.
These are Singapore companies which announced share buybacks on Thursday, 3 October 2019: Jardine Mathesion, Eurosports Global, CDW Holding and HRnetGroup.
Ascendas REIT said Thursday it acquired an office building to be built in suburban Melbourne, Australia, for A$110.9 million from ESR FPA (Wellington Road).
DBS Bank Chief Investment Officer Hou Wey Fook said Thursday he’s making a “bold call” on where to look for income: European oil majors.
These are Singapore companies which may be in focus on Thursday, 3 October 2019: Lendlease Global Commercial REIT, Sunvic, Citic Envirotech and Spackman.
These are Singapore companies which announced share buybacks on Wednesday, 2 October 2019: Yangzijiang, Stamford land, HRnetGroup and Singapore Shipping.
Lendlease Global Commercial REIT posted a strong trading debut, ending Wednesday up 4.54 percent at S$0.92, compared with the IPO price of S$0.88.
Talent agency MS Team, Spackman Media’s wholly owned subsidiary, has signed an exclusive contract with Ko Sung-hee, Spackman Entertainment said Wednesday.
Sunvic Chemical said Wednesday its wholly owned subsidiary Jiangsu Jurong Chemical has received letters of demand for outstanding loans totaling CNY166.1M.
These are Singapore companies which may be in focus on Wednesday, 2 October 2019: Lendlease Global Commercial REIT, CapitaLand, Ascendas India Trust and Ezion.
Chip Eng Seng has entered a deal to acquire Sembcorp Design and Construction from Sembcorp Industries for S$49.9 million, the two companies said Wednesday.