Xiaomi has the usual trimmings for a smartphone maker: A retail channel for its products and internet services for its 300M users. It’s also becoming a bank.
These are Singapore companies which may be in focus on Monday, 11 November 2019: Keppel, CapitaLand, Venture, Far East Orchard, Yoma and Nordic.
Yoma Strategic warned Friday it expects to post an overall loss for the fiscal 2Q ended 30 September due to efforts to sell its investment in a China mall.
These are Singapore companies which may be in focus on Friday, 8 November 2019: Genting Singapore, SPH REIT, SIA, Dairy Farm, Thai Beverage and LMIRT.
EC World REIT reported Thursday its 3Q19 net property income increased 3.2% on-year to S$22.92M on strong occupancy and the Fuzhou E-Commerce acquisition.
CKM (Cayman) said Wednesday it has made a pre-conditional exit offer of S$0.55 a share for all of Citic Envirotech in connection with a proposed delisting.
These are Singapore companies which may be in focus on Wednesday, 6 November 2019: Singapore Airlines, StarHub, Perennial, AIMS APAC REIT and HPHT.
Perennial reported Tuesday it swung to a net loss of S$9.93 million for the third quarter, due to a year-ago fair value gain and higher finance costs.
HPHT’s subsidiary HPHT Finance has issued US$500 million 2.875 percent guaranteed notes due 2024, the trust said in a filing to SGX Tuesday.
CapitaLand reported Tuesday its 3Q19 net profit fell 7.8% on-year to S$333.93M, mainly on lower portfolio gains, partly offset by higher operating profit.
China Everbright Water said Monday it landed two waste-water treatment projects in Shangdong Province with a total investment of around CNY396M.
These are Singapore companies which may be in focus Monday, 4 November 2019: Ascendas REIT, CityDev, IREIT, OCBC and Lendlease Global Commercial REIT.
Sengkang Grand Residences, a joint project between CapitaLand and CityDev, met with strong demand on its launch weekend, the developers said Sunday.
Maybank Kim Eng downgraded Hi-P International to Sell from Hold, advising investors to wait for a better entry point.
UOB KayHian started coverage of Sasseur REIT at Buy with a S$0.97 target price, pointing to an attractive 2019 distribution yield of 8.2 percent.
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.
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.
China Sunsine Chemical warned Thursday it expected to report a “material decrease” in its third quarter net profit, compared with the year-ago period.
Yangzijiang said Thursday it entered new order contracts from Navigation Maritime Bulgare to build six 31,800DWT Great Lakes bulk carriers.
Hi-P completed the acquisition of plastic component maker SEAMCO, the contract manufacturer said in a filing to SGX Thursday.
Fintech player iFAST reported Thursday its 3Q19 net profit fell 5.5% on-year to S$2.46M amid continued investments in improving its platform capabilities.
Hi-P International reported Wednesday its third quarter net profit fell 2.7 percent on-year to S$32.87 million as the gross profit margin declined.
Yanlord Land’s Hangzhou project has fully sold its initial batch of 120 apartment units, launched 26 October, the Chinese property developer said Wednesday.
SATS has entered a deal with Sembcorp to reduce its environmental footprint, in part via installiing rooftop solar panels, the two companies said Tuesday.
Hutchison Ports Holdings Trust reported Friday its profit attributable to unitholders, or net profit, fell 2.9% on-year to HK$232.5M (S$40.44M).
Wilmar said Friday it has formed two new subsidiaries, one in China for generating electricity, and the other in Senagal for trading agricultural products.
These are Singapore companies which may be in focus on Friday, 25 October 2019: SGX, Hyflux, GuocoLand, Eagle Hospitality Trust, Oxley, Sabana REIT and JUMBO.
Citic Envirotech reported Thursday a 3Q19 net loss of S$4.0M, from a year-earlier net profit of S$23.86M, on higher expenses and lower engineering revenue.
Yanlord Land said Friday it launched a mandatory conditional offer of S$2.60 a share for UEL after acquiring shares in a subsidiary from Perennial UW and Heng Yue.
iFAST China has entered a joint venture with RFO Holdings to target China’s ultra high net worth market, the fintech platform company said Friday.
CapitaLand Retail China Trust reported Friday its 3Q19 net property income increased 11.9% on-year to S$41.11 million; the results beat a Daiwa forecast.
Sasseur REIT’s manager said Thursday Sasseur Hefei has reached a settlement with ZS2 in a dispute over construction costs.
CapitaLand and City Developments said Wednesday the preview of their Sengkang Grand Residences project’s sales gallery will begin Friday.
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.
These are Singapore companies which may be in focus on Wednesday, 22 October 2019: Keppel, Temasek, UOB, Mapletree Industrial Trust, Singtel and AA REIT.
Temasek’s bid to increase its stake in Keppel Corp. will push the market to focus on multiple restructuring scenarios, UBS said in a note Monday.
Keppel’s shares surged Tuesday after Temasek launched a S$7.35 a share bid to increase its stake in the property and rig building conglomerate.
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.
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 said Monday it plans to acquire seven logistics properties across Malaysia, Vietnam and China for around S$383.9 million.