Keppel Land obtains first green loan for China commercial development project
Keppel Land China secured its first green loan facility for 850 million yuan to develop Seasons City phase one on the mainland, Keppel said Thursday.
China
Yanlord’s Shenzhen development presales at 1.34 billion yuan on opening weekend
Yanlord said its Shenzhen development, Yanlord Four Seasons Gardens, sold 283 out of 323 apartment units launched on its opening weekend.
Sembcorp to build solar energy system to power Changi Exhibition Centre
Sembcorp Industries said Tuesday it entered a long-term deal with Experia Events for a 6.3 MW peak rooftop solar system on the Changi Exhibition Centre.
CapitaLand sells 49 percent stake in UAE-based MCRE for S$101 million
CapitaLand transferred its entire 49 percent stake in MCRE to Five Square Properties for around S$100.9 million, the property developer said Tuesday.
UPDATE: Singapore stocks to watch Tuesday: SIA, Sembcorp, Singtel, ESR-REIT, property, Keppel-KBS US REIT
These are Singapore companies which may be in focus Tuesday, 18 June 2019: Singapore Airlines, Sembcorp Industries, Singtel, ESR-REIT and Singapore property.
Sembcorp to inject fresh equity into India renewables business
Sembcorp Industries said Monday it plans to subscribe to additional shares in its India energy arm, SEIL, to support the renewable energy business’ growth.
Cordlife’s bid for Global Cord Blood ‘strongly positive,’ analyst says
Cordlife’s S$1.25B all-share bid for Global Cord Blood Corp. (GCB) is “strongly positive,” marking a “great leap” into the mainland China market, SCCM said.
Hyflux receives new non-binding offer for potential investment
Hyflux said late Friday it has received another non-binding letter of intent for a potential investment, with preliminary due diligence underway.
Yanlord Land sells Suzhou Rendao Enterprise for around 9 million yuan
Yanlord Land sold its 100 percent interest in Suzhou Rendao Enterprise Management for 9.25 million yuan in cash, the China property developer said Friday.
UPDATE: Singapore stocks to watch Friday: Singtel, Frasers Property, FLT, CapitaLand, LMIRT, ESR
These are Singapore companies which may be in focus on Friday, 14 June 2019: Frasers Logistics Trust, CapitaLand, LMIR Trust, ESR and Chip Eng Seng.
Frasers Property Australia and ESR Australia acquire Melbourne site, obtain Nissan as tenant
Frasers Property and ESR Australia said Friday they acquired a 4.67 hectare site in Melbourne, and secured Nissan Motor Co. Australia as the anchor tenant.
Hi-P International upgraded by Maybank KE, but trade war tempers outlook
Maybank KimEng upgraded contract manufacturer Hi-P to Hold from Sell, saying the negatives are priced in after the stock’s 22 percent drop since late April.
CRCT downgraded to Sell by OCBC on ‘short-term pain’ from China mall buys
OCBC downgraded CapitaLand Retail China Trust to Sell, saying the planned acquisition of three malls in China offered “long-term gain, but short-term pain.”
UPDATE: Singapore stocks to watch Thursday: Frasers Centrepoint Trust, CapitaLand, SGX, KIT
These are Singapore companies which may be in focus Thursday, 13 June 2019: Frasers Centrepoint Trust, CapitaLand, SGX, KIT and Bukit Sembawang.
Frasers Centrepoint Trust preferential offering meets solid demand
Frasers Centrepoint Trust said Wednesday its preferential offering of new units received valid acceptances and excess applications for 196.9% of the total.
China Jinjiang confirms Zheneng Group to acquire controlling stake
China Jinjiang Environment confirmed Wednesday Zheneng Group will acquire a controlling stake in the waste-to-energy player for 1.63 billion yuan.
CRCT expects to tack through trade war impact to its China malls
U.S.-China trade tensions may be knocking market sentiment, but despite the risks, CapitaLand Retail China Trust has added to its China mall portfolio.
Sembcorp sells Gallant Venture stake at below-market price
Sembcorp Industries said Tuesday it disposed of its entire 10.27 percent stake in Gallant Venture, or 548.04 million shares, for S$62 million in cash.
China Jinjiang Environment controlling shareholders to sell down stakes to Zhejiang Group
China Jinjiang Environment’s controlling shareholders said they planned to sell an around 29.79% stake to Zhejiang Energy and Zheneng Capital for CNY1.63B.
CapitaLand to divest three China malls to CRCT for S$589 million
CapitaLand entered a deal to divest three China malls to CapitaLand Retail China Trust for CNY2.86 billion, or around S$589.2 million, the two said Tuesday.
Singapore stocks to watch Friday: STI, ST Engineering, Sembcorp, Kingsmen Creatives, ESR
These are Singapore companies which may be in focus on Friday, 7 June 2019: Straits Times Index, ST Engineering, Sembcorp Industries and Kingsmen Creatives.
Sembcorp, BATU ink deal to improve employee training
Sembcorp Industries’ waste-management arm, SembWaste, and BATU entered a deal to improve training for around 700 SembWaste employees.
UPDATE: Singapore stocks to watch Thursday: Cordlife, GIC, Singtel, ComfortDelGro, OUE, KIT
These are Singapore companies which may be in focus on Thursday, 6 June 2019: Cordlife, GIC, Singtel, ComfortDelGro, OUE and Keppel Infrastructure Trust.
China Everbright Water lands two projects in Jiangsu province
China Everbright Water said Thursday it obtained two waste-water treatment projects in Jiangsu province with a total investment of around 503.6M yuan.
Singapore Trade Minister Chan: US-China trade tensions likely to linger
Singapore isn’t expecting the trade tensions between the U.S. and China to be resolved anytime soon.
