Temasek’s bid to increase its Keppel stake has spurred renewed speculation from analysts that Keppel’s O&M division might be merged with SembMarine.
SembMarine told SGX Monday it wasn’t aware of any information to explain its share price surge, but pointed at Temasek’s partial bid for Keppel’s shares.
These are Singapore companies which may be in focus on Friday, 18 October 2019: SPH, Keppel, SGX CapitaLand, KORE, Olam and Valuetronics.
Valuetronics said Thursday it set up a subsidiary in Vietnam to expand its operations in the country as it shifts some manufacturing out of China.
CapitaLand said Thursday it has issued S$500 million in fixed-rate subordinated perpetual notes, which had previously priced at 3.65 percent.
Ornamental fish breeder Qian Hu reported Wednesday its 3Q19 net profit surged 72 percent on-year to S$301,000, despite a long-running dragon fish price war.
Sunpower said Wednesday it landed a series of manufacturing and services contracts valued at a total CNY71.7M from strategic partner, Wanhua Chemical.
Fund managers are more dispirited about the potential for a trade war resolution, according to the October BofA-ML fund manager survey, released Wednesday.
Alpha Investment, via its funds, tied up with Allianz to buy 85% of Beijing office complex Ronsin Technology Center for about S$1.3B, Keppel said Wednesday.
These are Singapore companies which announced share buybacks on Tuesday, 15 October 2019: HRnetGroup, Starburst, Global Investments and Cheung Woh.
These are Singapore companies which announced share buybacks on Monday, 14 October 2019: HRnetGroup, GRP Ltd., and Cheung Woh Technologies.
Iconic Singapore chili crab restaurateur No Signboard said Monday it opened its first overseas seafood outlet in Shanghai, bringing its total to four.
These are Singapore companies which may be in focus on Friday, 11 October 2019: Dyson, CapitaLand, SPH REIT, ESR-REIT, Accordia Golf Trust and Q&M Dental.
These are Singapore companies which announced share buybacks on Thursday, 10 October 2019: Yangzijiang Shipbuilding, Food Empire, GRP Ltd. and Straco Corp.
Q&M Dental has entered a deal to sell part of its 36 percent stake in Aidite (Qinhuangdao) for S$49 million, the dental chain operator said Thursday.
CapitaLand priced S$500 million fixed-rate perpetual notes at 3.65 percent, with the issue date set for 17 October, the property developer said Thursday.
These are Singapore companies which may be in focus on Thursday, 10 October 2019: Frasers Property, Keppel DC REIT, SGX, SembMarine and POSH.
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.
These are Singapore companies which may be in focus on Wednesday, 9 October 2019: Comfort DelGro, SBS Transit, Hi-P, Fraser & Neave and Sembcorp.
Hi-P International said Tuesday it entered a deal to acquire Singapore-based plastics manufacturer SEAMCO for US$31 million.
These are Singapore companies which may be in focus on Friday, 4 October 2019: Ascendas REIT, Manulife US REIT, Raffles Infrastructure and Addvalue.
These are Singapore companies which announced share buybacks on Thursday, 3 October 2019: Jardine Mathesion, Eurosports Global, CDW Holding and HRnetGroup.
DBS Bank Chief Investment Officer Hou Wey Fook said Thursday he’s making a “bold call” on where to look for income: European oil majors.
These are Singapore companies which may be in focus on Thursday, 3 October 2019: Lendlease Global Commercial REIT, Sunvic, Citic Envirotech and Spackman.
These are Singapore companies which announced share buybacks on Wednesday, 2 October 2019: Yangzijiang, Stamford land, HRnetGroup and Singapore Shipping.
Sunvic Chemical said Wednesday its wholly owned subsidiary Jiangsu Jurong Chemical has received letters of demand for outstanding loans totaling CNY166.1M.
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.
Frasers Centrepoint Trust and Frasers Property said Tuesday their stakes in PGIM Real Estate AsiaRetail Fund have risen to a cumulative around 87.9 percent.
CapitaLand plans to increase its assets under management in India to S$7B by 2024, more than double the current level, the property developer said Tuesday.
These are Singapore companies which may be in focus on Tuesday, 1 October 2019: BreadTalk, Genting Singapore, Hyflux, First REIT, Sunpower and Spackman.
ComfortDelGro said Tuesday it entered a deal to sell the Alperton Bus Garage in West London and acquire another property in West London.
Singapore companies which announced share buybacks on Monday, 30 September 2019: Yangzijiang, Jardine Matheson, Stamford Land, Food Empire and Global Investments.
Sunpower said Monday it obtained a tender valued at around 49 million yuan (S$9.48 million) from repeat customer Sinopec Nanjing Engineering & Construction.
These are Singapore companies which may be in focus on Monday, 30 September 2019: Keppel, CityDev, Keppel Infrastructure Trust, OUE and Thai Beverage.
Keppel said Friday it entered deals to sell its stakes in Keppel Logistics (Foshan) and Keppel Logistics (Hong Kong) to Sinoway Shipping for S$39 million.
Keppel said Friday it entered a deal to acquire Zhangjiang Micro-electronic Port Block #3, a commercial property in Shanghai for CNY493M.
These are Singapore companies which announced share buybacks on Thursday, 26 September 2019: Jardine Matheson, Stamford Land, Eurosports and HRnetGroup.
China Jinjiang Environment named on Thursday a new executive chairman, a new chief financial officer and a chief engineer.
Raffles Education said Thursday it entered a deal to sell a Sydney, Australia, property to Wentruth for A$80 million, or around S$74.74 million.
CapitaLand’s lodging unit The Ascott is acquiring a serviced residence property in North Sydney, Australia, for S$192 million, the company said Thursday.