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.
Accordia Golf Trust reported Wednesday its fiscal 2Q net profit surged 250.7% on-year to 1.22 billion yen on improved performance of the golf courses.
Accordia Golf Trust reported Monday the number of players on its 88 courses in October dropped 9 percent on-year to 485,575.
Accordia Golf Trust said Wednesday three of its golf courses were closed in the wake of Typhoon Hagibis, which caused heavy rain and flash flooding.
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.
Accordia Golf Trust reported Tuesday the number of players on its courses in August rose 5.8 percent on-year to 511,886.
Accordia Golf Trust reported Wednesday its fiscal 1Q net profit fell 3.2 percent on-year 2.32 billion yen on higher interest and income tax expense.
Accordia Golf Trust reported Tuesday the number of players on its 88 courses rose 7.2 percent on-year in July to 497,808.
These are Singapore companies which may be in focus on Thursday, 11 July 2019: Sembcorp, UOB, SGX, Ascendas India Trust, Accordia Golf and Cordlife.
These are Singapore companies which may be in focus on Tuesday, 11 June 2019: CapitaLand, CRCT, SGX, Kingsmen Creatives, Ascendas REIT and Accordia Golf.
These are Singapore companies which may be in focus on Tuesday, 4 June 2019: Keppel, SPH, Wilmar, LMIR Trust, Accordia Golf, Koufu and Far East Orchard.
Daiwa lowered its distribution per unit forecasts for Accordia Golf Trust by 8-9 percent for fiscal 2020-21 after fiscal 4Q results missed forecasts.