Del Monte Pacific said Friday it swung to a fiscal second quarter net loss of US$37.35M, from a year-ago net profit of US$8.43M, due to one-off expenses.
After the quarterly review, the STI will remove Golden Agri as a constituent and add Mapletree Logistics Trust, FTSE Russell said Thursday.
Olam said Tuesday it entered a deal to sell 89,095 metaliters of its permanent water rights in Australia to a related entity of PSP Investments for A$490M.
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.
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.
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.
These are Singapore companies which may be in focus on Friday, 22 November 2019: Mapletree Logistics Trust, OCBC, SGX, Halcyon Agri, ST Engineering and UOB.
Solina Chua, a co-founder of Horizons Ventures, said Wednesday climate change is a driver of firm’s interest in food-based investments.
Temasek started its agriculture and food investments with three key concerns: Food security, energy security and water security, CEO Pillay said Wednesday.
Olam International reported Wednesday its third quarter net profit fell 1.5 percent on-year to S$20.37 million, hit by changes to accounting for leases.
Investcorp, China Resources and Fung Strategic launched a private-equity platform with US$500 million in committed capital to invest in Asian food brands.
These are Singapore companies which may be in focus Monday, 4 November 2019: Ascendas REIT, CityDev, IREIT, OCBC and Lendlease Global Commercial REIT.
These are Singapore companies which may be in focus on Friday, 1 November 2019: Keppel, Yangzijiang, Ascott Residence Trust, AA REIT, Hi-P and Sabana REIT.
Global Palm Resources warned Thursday it expected to report a net loss after income tax for the third quarter.
Wilmar said Friday it has formed two new subsidiaries, one in China for generating electricity, and the other in Senagal for trading agricultural products.
Olam said Tuesday it entered a deal to acquire all of California almond processor and ingredient manufacturer Hughson Nut for an enterprise value of US$54M.
Olam International said Thursday it secured a multi-tranche revolving credit facility of a total US$1.53 billion to refinance its existing loans.
Ornamental fish breeder Qian Hu reported Wednesday its 3Q19 net profit surged 72 percent on-year to S$301,000, despite a long-running dragon fish price war.
These are companies which may be in focus in Singapore on Monday, 14 October 2019: UOB, Lendlease Global Commercial REIT, Temasek, Keppel and Synagie.
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 may be in focus on Thursday, 26 September 2019: Lendlease Global Commercial REIT, F&N, Thai Beverage and GuocoLand.
Anwar Ibrahim, Malaysia’s heir-apparent to become prime minister, said the companies behind deadly forest fires in Indonesia must be held to account.
Olam secured a revolving credit facility of US$525 million tied to meeting sustainability goals, the agri-business said in a filing to SGX Tuesday.
Del Monte Pacific reported Friday a fiscal 1Q net loss of US$38.26 million on one-off items related to closing plants in the U.S.
Singapore companies which announced share buybacks on Monday, 2 September 2019: Yangzijiang, SPH, Stamford Land, Japfa and HRnetGroup.
Del Monte Pacific said Tuesday it plans to shutter and divest some production facilities of its U.S. subsidiary, Del Monte Foods.
Maybank KimEng downgraded Wilmar to Hold from Buy, pointing to the disruption from an outbreak of African swine flu in China.
Golden Agri reported Wednesday its 2Q19 net loss widened to US$64.70M, from a net loss of US$39.02M in the year-ago quarter as palm oil prices dropped.
Olam International reported Wednesday its second quarter net profit dropped 34.5 percent on-year to S$61.49 million on changes to accounting for leases.
Wilmar reported Tuesday its 2Q19 net profit dropped 52.3% on-year, partly on lower soybean crush margins and on weaker performance from the sugar division.
Wilmar said Tuesday it planned to list a 10 % stake in its China operations, Yihai Kerry Arawana, on the ChiNext board of the Shenzhen Stock Exchange.
These are Singapore companies which may be in focus on Tuesday, 6 August 2019: Yangzijiang, NetLink NBN, APAC Realty and Cromwell European REIT.
These are Singapore companies which announced share buybacks on Monday, 5 August 2019: Japfa, Stamford Land and Singapore Shipping.
Kencana Agri warned Friday it expects to report a second quarter net loss, mainly on low crude palm oil prices.
These are Singapore stocks which may be in focus on Thursday, 1 August 2019: SIA, SGX, Hyflux, Singtel, Stamford Land, No Signboard and Soilbuild.
These are Singapore companies which announced share buybacks on Wednesday, 31 July 2019: SPH, Keppel REIT, Boustead Singapore and Japfa.
Global Palm Resources warned Wednesday it expects to report a net loss for 2Q19, mainly on a drop in the sales volume and prices of crude palm oil.
These are Singapore companies which announced share buybacks on Friday, 26 July 2019: Keppel REIT, Olam, Straits Trading and CDW.
These are Singapore companies which may be in focus on Friday, 26 July 2019: ST Engineering, Wilmar, Mapletree Commercial Trust and Sunpower.
These are Singapore-listed companies which announced share buybacks on Thursday, 25 July 2019: Keppel REIT, Olam, CDW, Straits Trading and Cheung Woh.