ST Engineering divests Australia pilot-training business
ST Engineering said Tuesday it divested its pilot training business in Australia to Regional Express Holdings for S$9.3 million.
Australia
Singapore share buybacks Monday: OCBC, Keppel REIT, Sembcorp Industries, Silverlake Axis, AEI
These are Singapore companies which announced share buybacks on Monday, 18 November 2019: OCBC, Keppel REIT, Sembcorp Industries and Silverlake Axis.
Singapore share buybacks Friday: Sembcorp Industries, Keppel REIT, AEI, Global Investments, Singapore Shipping
These are Singapore companies which announced share buybacks on Friday, 15 November 2019: Sembcorp Industries, Keppel REIT, Global Investments and AEI Corp.
Frasers Property reports fiscal year net profit fell 25 percent
Frasers Property said Friday its fiscal year net profit dropped 25.3% on-year to S$560.3M on lower contributions from Singapore and Australia development projects.
OCBC’s and Great Eastern’s interest in Lendlease Global Commercial REIT falls
OCBC said Friday its deemed interest in Lendlease Global Commercial REIT fell to 10.912% from 11.111% after the disposal of 2.32 million shares.
UDPATE: Singapore stocks to watch Friday: Singtel, Sembcorp, F&N, CapitaLand, Old Chang Kee, Ezion
These are Singapore companies which may be in focus on Friday, 14 November 2019: Singtel, Sembcorp Industries, F&N, Old Chang Kee, CapitaLand and Sunvic.
Singapore share buybacks Thursday: OCBC, Keppel REIT, Intraco, Cheung Woh Tech, AEI
These are Singapore companies which announced share buybacks on Thursday, 14 November 2019: OCBC, Keppel REIT, Intraco, AEI and Cheung Woh Technologies.
Singtel posts fiscal 2Q swung to S$668 million net loss as Airtel hit by India court ruling
Singtel reported Thursday its fiscal 2Q swung to a net loss of S$668.1M from a year-ago net profit of S$667.2M due to an exceptional item related to Airtel.
Fintech innovators and central banks: Frenemies on regulation
Where do you draw the line between regulation and innovation? Central banks are grappling with this issue in the face of rapidly changing technology.
Singapore share buybacks Wednesday: Jardine Matheson, Keppel REIT, Stamford Land, AEI, Intraco
These are Singapore companies which have announced share buybacks on Wednesday, 13 November 2019: Jardine Matheson, Keppel REIT, Stamford Land and AEI.
ComfortDelGro reports 3Q19 net profit fell 11 percent on lower taxi revenue
ComfortDelGro reported Wednesday its 3Q19 net profit fell 10.8 percent on-year to S$70 million on lower taxi revenue and unfavorable currency translations.
Singapore share buybacks Tuesday: Keppel REIT, Jardine Matheson, AEI, Stamford Land
These are Singapore companies which announced share buybacks on Tuesday, 12 November 2019: Jardine Matheson, Keppel REIT, AEI Corp., and Stamford Land.
Singapore share buybacks Monday: Keppel REIT, Stamford Land, AEI, Cheung Woh Tech
These are Singapore companies which announced share buybacks on Monday, 11 November 2019: Keppel REIT, Stamford Land, AEI Corp. and Cheung Woh Technologies.
Far East Orchard acquires two UK student housing properties for around S$116 million
Far East Orchard said Friday acquired two student accommodation properties in the U.K. for 66.5 million British pounds, or around S$115.7 million.
Singapore share buybacks Friday: Keppel REIT, Stamford Land, Shopper360, Intraco
These are Singapore companies which announce share buybacks on Friday, 8 November 2019: Keppel REIT, Stamford Land, Shopper360 and Intraco Ltd.
Stamford Land reports fiscal 2Q net profit declined 16 percent
Stamford Land reported Thursday its fiscal 2Q net profit fell 15.9 percent on-year to S$9.72 million, hurt by the decline in the Australian dollar.
MindChamps PreSchool reports 3Q19 net profit tumbled 71 percent
MindChamps PreSchool reported Thursday its third quarter net profit dropped 71 percent on-year to S$339,000 on higher expenses.
SPH REIT enters deal to acquire 50 percent stake in Adelaide shopping center for S$637M
SPH REIT said Thursday it entered a deal to acquire 50% of Westfield Marion Shopping Centre, in Adelaide, Australia, for A$670 million.
Singapore stocks to watch Thursday: Citic Envirotech, CSE Global, Hyflux, First REIT, Lendlease Global REIT
These are Singapore companies which may be in focus on Thursday, 7 November 2019: Citic Envirotech, CSE Global, Hyflux, First REIT and Lendlease Global REIT.
Frasers Logistics Trust reports nearly flat fiscal 4Q net property income
Frasers Logistics & Industrial Trust reported Wednesday fiscal 4Q net property income rose 0.6% on-year to A$50.49M on contributions from acquisitions.
Singapore share buybacks Tuesday: Keppel REIT
These are Singapore companies which announced share buybacks on Tuesday, 5 November 2019: Keppel REIT.
Far East Orchard reports 3Q19 swung to net loss on wider currency exchange losses
Far East Orchard reported Tuesday its 3Q19 swung to a net loss of S$406,000 from a year-earlier net profit of S$564,000 as currency exchange losses widened.
AIMS APAC REIT to issue S$100 million fixed-rate notes
AIMS APAC REIT said Tuesday it will issue S$100 million 3.60 percent fixed rate notes as part of its S$750 million multicurrency debt issuance program.
AIMS APAC REIT’s fiscal 2Q net property income climbed 17 percent
AIMS APAC REIT reported Tuesday its fiscal 2Q net property income increased 16.6% on-year to S$22.49 million on higher gross revenue after an acquisition.
Singapore share buybacks Monday: Keppel REIT, Jardine Matheson
These are Singapore companies which announced share buybacks on Monday, 4 November 2019: Keppel REIT and Jardine Matheson.
UPDATE: Singapore stocks to watch Monday: Ascendas REIT, palm oil, CityDev, IREIT, OCBC, Lendlease REIT, SingPost
These are Singapore companies which may be in focus Monday, 4 November 2019: Ascendas REIT, CityDev, IREIT, OCBC and Lendlease Global Commercial REIT.
MindChamps to acquire 50 percent of MindChamps PreSchool @ Concorde Hotel (Orchard)
MindChamps PreSchool Singapore said Friday it entered a deal to acquire 50 percent of MindChamps PreSchool @ Concorde Hotel (Orchard) from Kabir Raiyan.
Ascendas REIT launches rights issue to raise S$1.31 billion
Ascendas REIT said Friday it launched a rights issue of 498.04M new units to raise around S$1.31B to finance the acquisition of 30 business park properties.
UPDATE: Ascendas REIT to acquire 30 business park properties in US, Singapore from CapitaLand for S$1.66 billion
Ascendas REIT said Friday it entered a deal to acquire 28 U.S. business park properties in the U.S. and two in Singapore for S$1.66 billion from CapitaLand.
UPDATE: Ascendas REIT reports fiscal 2Q net property income increased 12 percent on UK acquisitions
Ascendas REIT reported Friday its fiscal 2Q net property income climbed 12% on-year to S$177.9M on the acquisitions of 38 logistics properties in the U.K.
UPDATE: Singapore stocks to watch Friday: UOB, Keppel, Yangzijiang, Ascott REIT, AA REIT, Hi-P, POSH
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.
Singapore share buybacks Thursday: Keppel REIT, Jardine Matheson, Shopper360, Intraco
These are Singapore companies which announced share buybacks on Thursday, 31 October 2019: Jardine Matheson, Keppel REIT, Shopper360 and Intraco Ltd.
UPDATE: Singapore stocks to watch Thursday: Singapore Airlines, Hi-P, Keppel REIT, SingPost, Creative, Sheng Siong
These are Singapore companies which may be in focus on Thursday, 31 October 2019: SIA, Hi-P, Keppel REIT, SingPost, Creative Tech, Yanlord and Sheng Siong.
Singapore share buybacks Wednesday: Keppel REIT, Jardine Matheson, Intraco
These are Singapore companies which announced share buybacks on Wednesday, 30 October 2019: Jardine Matheson, Keppel REIT and Intraco.
UDPATE: Frasers Hospitality Trust reports fiscal 4Q net property income rose 2 percent
Frasers Hospitality Trust reported Wednesday its fiscal 4Q net property income rose 2.3% on-year to S$30M despite the impact of weaker overseas currencies.
Chip Eng Seng reports 3Q19 net profit tumbled 74 percent
Chip Eng Seng reported Tuesday its 3Q19 net profit tumbled 74.3 percent on-year to S$4.68 million on a lower contribution from property development.
Starhill Global REIT reports fiscal 1Q net property income fell 9 percent, missing Daiwa forecast
Starhill Global REIT reported Tuesday its fiscal 1Q anet property income dropped 8.7 percent on-year to S$36.9 million. The results missed a Daiwa forecast.
Ascendas Hospitality Trust reports fiscal 2Q net property income rose nearly 4 percent
Ascendas Hospitality Trust reported Tuesday its fiscal 2Q net property income rose 3.5% on-year to S$21.2M on the acquisitions of hotels in Japan and Seoul.
UPDATE: Singapore stocks to watch Tuesday: Temasek, Stamford Land, Cache Logistics, Creative, HPHT, Wilmar
These are Singapore companies which may be in focus on Tuesday, 29 October 2019: Temasek, Stamford Land, Cache Logistics Trust, Wilmar, Creative and HPHT.
Basslink: No choice but to comply with Hydro Tasmania’s pricing instruction
Basslink said Monday it has no choice but to comply with Hydro Tasmania’s instruction that some of its interconnector’s electricity-transmission capacity only be used if pricing hits maximum levels.