Cache Logistics Trust reports 3Q19 net property income fell 8 percent
Cache Logistics Trust reported Friday its 3Q19 net property income fell 8.3% on-year to S$21.14M, partly on converting the Cache Gul LogisCentre to a multi-tenancy structure.
Australia
Stamford Land: In advanced talks for ‘substantial’ investment
Stamford Land is in advanced negotiations on an investment opportunity with a “substantial” size, the hotel operator said at the AGM Friday, according to the minutes.
S&P affirms AIMS APAC REIT’s credit rating
S&P affirmed AIMS APAC REIT’s issuer credit rating at BBB-minus, pointing to a “good track record” on asset quality and occupancy rates.
Singapore share buybacks Wednesday: Stamford Land, Duty Free Intl, CDW, Cheung Woh, Global Investments
These are Singapore companies which announced share buybacks on Wednesday, 23 October 2019: Stamford Land, Duty Free International and CDW Holding.
Hedge fund ceases to be substantial unitholder of AIMS APAC REIT
The Segantii Asia-Pacific Equity Multi-Strategy Fund ceased to be a substantial unitholder of AIMS APAC REIT, Segantii Capital Management said Wednesday
UPDATE: Suntec REIT reports 3Q19 net property income increased 3 percent
Suntec REIT reported Wednesday its 3Q19 net property income rose 3.2 percent to S$58.36 million, missing a Daiwa forecast.
UPDATE: Mapletree Logistics Trust private placement meets strong demand, prices at top of range
Mapletree Logistics Trust said Wednesday its private placement of 154.61M new units met with strong demand and priced at the top of its indicative range.
UPDATE: Singapore stocks to watch Wednesday: Keppel, UOB, Mapletree Industrial Trust, Singtel, AA REIT
These are Singapore companies which may be in focus on Wednesday, 22 October 2019: Keppel, Temasek, UOB, Mapletree Industrial Trust, Singtel and AA REIT.
Singapore share buybacks Tuesday: Jardine Matheson, Stamford Land, Duty Free, CDW, Cheung Woh
These are Singapore companies which announced share buybacks on Tuesday, 22 October 2019: Jardine Matheson, Stamford Land, Duty Free Intl and Cheung Woh.
UPDATE: Hedge fund and UBS become AA REIT substantial unitholders
The Segantii Asia-Pacific Equity Multi-Strategy Fund became a substantial unitholder of AIMS APAC REIT, with its interest rising to 5.24%, it said in an SGX filing Tuesday.
UPDATE: Singapore stocks to watch Tuesday: Temasek, Keppel, SembMarine, Mapletree Logistics, OCBC, Singtel
These are companies which may be in focus in Singapore on Tuesday, 22 October 2019: Temasek, Keppel, SembMarine, ST Engineering, OCBC, Singtel and CapitaLand Mall Trust.
Mapletree Logistics Trust launches private placement to raise around S$250 million
Mapletree Logistics Trust launched a private placement of 154.61 million to 158.33 million new units to raise around S$250 million, the REIT said Tuesday.
Singapore share buybacks Monday: Jardine Matheson, Stamford Land, Duty Free Intl, Intraco
These are Singapore companies which announced share buybacks on Monday, 21 October 2019: Jardine Matheson, Stamford Land, Intraco and Duty Free International.
Mapletree Logistics Trust reports fiscal 2Q net property income rose 21 percent
Mapletree Logistics Trust reported Monday its fiscal 2Q net property income rose 21% on-year to S$109.13M, coming in slightly ahead of a Daiwa forecast.
Mapletree Logistics Trust enters deal to acquire 7 properties for around S$384 million
Mapletree Logistics Trust said Monday it plans to acquire seven logistics properties across Malaysia, Vietnam and China for around S$383.9 million.
OCBC joins Singel’s VIA Alliance for mobile payments regionally
OCBC will join Singtel’s VIA mobile payment alliance, allowing the bank’s customers to make QR code payments while traveling in Thailand and Japan, Singtel said Monday.
UPDATE: Singapore stocks to watch Monday: OCBC, GIC, AIMS APAC REIT, Ho Bee Land, Keppel, ART, AHT
These are Singapore companies which may be in focus on Monday, 21 October 2019: AIMS APAC REIT and Ho Bee Land.
Singapore share buybacks Friday: Jardine Matheson, Stamford Land, Duty Free Intl, CDW
These are Singapore companies which announced share buybacks on Friday, 18 October 2019: Jardine Matheson, Stamford Land, Duty Free International and CDW.
AIMS APAC REIT sponsor completes placement of 70 million units
AIMS Financial Group said Wednesday it exercised a call option to acquire around 70.3M units of AIMS APAC REIT and then sold the units in a placement.
Keppel REIT 3Q19 net property income rose nearly 18 percent, but missed Daiwa’s forecast slightly
Keppel REIT reported Wednesday its 3Q19 net property income rose 17.6 percent on-year to S$33.17 million. The results missed Daiwa’s forecasts by a tad.
Soilbuild REIT reports 3Q19 net property income rose nearly 5 percent
Soilbuild REIT reported Wednesday its 3Q19 net property income rose 4.5% on-year to S$16.95M on contributions from two Australia properties acquired last year.
Lendlease Global Commercial REIT started at Outperform by Daiwa
Daiwa started Lendlease Global Commercial REIT at Outperform, pointing to an undemanding valuation and a good pipeline of potential acquisitions.
UPDATE: Singapore stocks to watch Wednesday: Mapletree Commercial, GIC, SPH, SIA, Keppel DC REIT, KORE
These are companies which may be in focus in Singapore on Wednesday, 16 October 2019: GIC, SPH, Keppel DC REIT, Singapore Airlines, KORE and SGX.
Chip Eng Seng rights issue meets thin demand
Chip Eng Seng said Monday its rights issue of 156.50 million shares had a total takeup of 53.15 percent, signaling weak demand.
Keppel Infrastructure Trust swings to 3Q19 net profit
Keppel Infrastructure Trust reported Monday it swung to a 3Q19 net profit after tax of S$3.74M, from a year ago loss, mainly on contributions from Ixom.
Chip Eng Seng enters JV to acquire Maldives lagoon for resort project
Chip Eng Seng has entered a joint venture to acquire a leasehold interest in a lagoon in the Maldives, the Singapore company said in a filing to SGX Monday.
UPDATE: Singapore stocks to watch Monday: UOB, Lendlease Global REIT, Temasek, Keppel, CityDev, ST Eng
These are companies which may be in focus in Singapore on Monday, 14 October 2019: UOB, Lendlease Global Commercial REIT, Temasek, Keppel and Synagie.
UPDATE: Singapore stocks to watch Thursday: Frasers Property, Keppel DC REIT, SGX, SembMarine, POSH
These are Singapore companies which may be in focus on Thursday, 10 October 2019: Frasers Property, Keppel DC REIT, SGX, SembMarine and POSH.
Frasers Property JV sells remaining retail assets in Sydney’s Central Park development
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.
Singapore share buybacks Tuesday: Stamford Land, Eurosports, GRP, CDW, Global Investments
These are Singapore companies which announced share buybacks on Tuesday, 8 October 2019: Stamford Land, Eurosports, GRP, CDW Holding and Global Investments.
Singapore stocks to watch Tuesday: SembMarine, Lendlease Global REIT, Oxley, Chip Eng Seng
These are Singapore companies which may be in focus on Tuesday, 8 October 2019: SembMarine, Lendlease Global Commercial REIT, Oxley and Chip Eng Seng.
Singapore share buybacks Monday: Stamford Land, Anchun, Starburst, GRP, Global Investments
These are Singapore companies which announced share buybacks on Monday, 7 October 2019: Stamford Land, Singapore Medical, Starburst, Anchun and GRP.
Chip Eng Seng enters deal to acquire stake in education tech company Amdon Consulting
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.
UPDATE: Singapore stocks to watch Monday: Keppel, Lendlease Global REIT, OCBC, Kingsmen, MeGroup
These are Singapore companies which may be in focus on Monday, 7 October 2019: Keppel, Lendlease Global Commercial REIT, OCBC and Kingmen Creatives.
Ascendas REIT acquires Australia office building under construction for A$111 million
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).
Singapore share buybacks Wednesday: Yangzijiang, Stamford Land, HRnetGroup, Eurosports
These are Singapore companies which announced share buybacks on Wednesday, 2 October 2019: Yangzijiang, Stamford land, HRnetGroup and Singapore Shipping.
Lendlease Global Commercial REIT units climb in trading debut
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.
Chip Eng Seng to acquire Sembcorp Industries’ Sembcorp Design for S$50 million
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.
Singapore share buybacks Tuesday: Keppel REIT, Stamford Land, Food Empire, Eurosports
These are Singapore companies which announced share buybacks on Tuesday, 1 October 2019: Keppel REIT, Stamford Land, Food Empire and Eurosports.
Lendlease Global Commercial REIT offering meets strong demand, raises more than S$1B
Lendlease Global Commercial REIT said Tuesday its IPO met with strong investor demand, with units set to begin trading on Wednesday at 2:00 P.M. SGT.