China Everbright Water proposes Hong Kong listing to raise up to HK$452 million
China Everbright Water proposed Wednesday a listing on the Hong Kong Stock Exchange to raise up to HK$452 million, or around S$78.36 million. The water…
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ComfortDelGro to acquire Australia bus operator B&E Blanch
ComfortDelGro said Tuesday it plans to acquire New South Wales bus operator B&E Blanch for A$28.3 million, or around S$27.32 million.
UPDATE: Singapore stocks to watch Tuesday: Mapletree Industrial, ComfortDelGro, Keppel REIT, CapitaLand
These are Singapore companies which may be in focus on Tuesday, 23 April 2019: Mapletree Industrial Trust, ComfortDelGro, ST Engineering and LMIRT.
CapitaLand divests StorHub self-storage properties for around S$185 million
CapitaLand said Tuesday it divested its StorHub self-storage business, which has a portfolio of 12 properties, for S$185M to an unrelated third party.
ComfortDelGro taps Nicholas Yap as CEO of Australia Operations
ComfortDelGro tapped Nicholas Yap to take on the role of country head and CEO for its Australian operations, the transportation company said Monday.
Perennial Real Estate warns of expected first quarter loss
Perennial Real Estate warned Monday it expected to report a 1Q19 net loss due to a weaker operating performance of some assets and higher financing costs.
UPDATE: Singapore stocks to watch Monday: Keppel, CCT, CapitaLand, Accordia Golf, Hyflux
These are Singapore companies which may be in focus on Monday, 22 April 2019: Keppel, CCT, CapitaLand, Accordia Golf Trust and JUMBO.
UPDATE: SPH, Perennial Real Estate to divest Chinatown Point Mall stakes
Perennial Real Estate said Monday it entered a deal to divest its effective 50.64 percent stake in Chinatown Point Mall for S$225 million.
CapitaLand raises US$391 million for first real-estate equity fund
CapitaLand raised US$391M for its first real-estate equity fund, CapitaLand Asia Partners I, to invest in office buildings in Asia, the company said Monday.
UPDATE: Singapore stocks to watch Thursday: SGX, BreadTalk, Keppel, Keppel REIT, Suntec REIT, Hyflux
These are Singapore companies which may be in focus on Thursday, 18 April 2019: SGX, BreadTalk, Keppel, Keppel REIT, Suntec REIT and Hyflux.
UPDATE: Sunpower says America 2030 Capital defamation complaint has no merit
HThis article was originally published on Wednesday, 17 April 2019 at 13:15 SGT; it has since been updated to include comment from America 2030 Capital….
Qian Hu posts 1Q19 net profit rise despite dragon fish price war
Iconic ornamental fish breeder Qian Hu reported Wednesday its 1Q19 net profit rose 5.7% on-year despite a continued price war in the dragon fish segment.
UPDATE: Singapore stocks to watch Wednesday: MLT, SPH, Hi-P, Keppel-KBS US REIT, Cache Logistics
These are Singapore companies likely to be in focus on Wednesday, 16 April 2019: MLT, SPH, Hi-P, Keppel-KBS US REIT and Cache Logistics Trust.
MLT, Cache Logistics, AIMS APAC REIT all say CWT has not defaulted on rental payments
Mapletree Logistics Trust, Cache Logistics Trust and AIMS APAC REIT all issued separate statements Tuesday that tenant CWT Pte. has not defaulted on rent.
Hi-P’s 1Q19 revenue and profit to come in ‘similar’ to 1Q18
Hi-P Tuesday issued profit guidance for the first quarter of 2019 revenue and profit to come in similar to levels in the first quarter of 2018.
UPDATE: Singapore stocks to watch Tuesday: Singapore Airlines, Keppel DC REIT, Keppel Infrastructure Trust
These are Singapore stocks which may be in focus on Tuesday, 16 April 2019: Singapore Airlines, Keppel DC REIT and Keppel infrastructure Trust.
UPDATE: Singapore stocks to watch Monday: UIC, OUE, Yangzijiang, Keppel, Ezion, ST Engineering, Heeton
These are Singapore companies likely to be in focus on Monday, 15 April 2019: UIC, OUE, Yangzijiang, Keppel, Ezion and Yongnam.
Yangzijiang Chairman Ren Yuanlin contributes 150 million shares to management incentive plan
Yangzijiang said Friday Executive Chairman Ren Yuanlin has contributed 150 million of his shares to a new irrevocable trust to reward senior management.
UPDATE: Singapore stocks to watch Friday: Ezion, Accordia Golf Trust, JUMBO, Aspial, Koufu
These are Singapore companies which may be in focus on Friday, 12 April 2019: Ezion, Accordia Golf Trust, JUMBO Group and ValueMax.
UPDATE: Singapore stocks to watch Thursday: Genting Singapore, ThaiBev, Keppel, MLT, Indofood Agri
These are Singapore companies which may be in focus on Thursday, 11 April 2019: Genting Singapore, Thai Beverage, Keppel and Mapletree Logistics Trust.
Mapletree Logistics Trust sells five properties in Japan for around S$213 million
Mapletree Logistics Trust said on Wednesday it sold five properties in Japan to Godo Kaisha T&C for 17.52 billion yen, or around S$213.3 million in cash.
CapitaLand’s Ascott inks contracts to manage properties in eight countries
CapitaLand’s wholly owned lodging unit The Ascott said Tuesday it obtained contracts to manage 14 properties across eight countries.
Maybank KE says Hi-P stock is overvalued
Maybank KimEng said on Monday that shares of Hi-P International were overvalued after gaining 47 percent since posting its earnings in late February.
Spackman: China ban on South Korean imports hurt results at SMGL
Spackman Entertainment said Monday China’s ban on entertainment imports from South Korea hurt the earnings of associated company Spackman Media Group.
UPDATE: Singapore stocks to watch Friday: Hyflux, Frasers Property, CapitaMall Trust
These are Singapore companies which may be in focus on Friday, 5 April 2019: Hyflux, Frasers Property, CapitaLand Mall Trust and Uni-Asia.