UPDATE: Temasek’s bid to boost Keppel stake spurs SembMarine merger speculation
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.
China
SembMarine points to Temasek’s partial Keppel bid to explain share surge
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.
UPDATE: Singapore stocks to watch Friday: SPH, Keppel, SGX, CapitaLand, KORE, Olam, Valuetronics
These are Singapore companies which may be in focus on Friday, 18 October 2019: SPH, Keppel, SGX CapitaLand, KORE, Olam and Valuetronics.
Valuetronics sets up subsidiary to expand Vietnam operations
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 issues S$500 million fixed-rate perpetual notes
CapitaLand said Thursday it has issued S$500 million in fixed-rate subordinated perpetual notes, which had previously priced at 3.65 percent.
Qian Hu 3Q19 net profit jumps 72 percent despite dragon fish price war weighing revenue
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 lands around 72 million yuan in contracts from Wanhua Chemical
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 grow more depressive on trade war outlook, October BofA-ML survey finds
Fund managers are more dispirited about the potential for a trade war resolution, according to the October BofA-ML fund manager survey, released Wednesday.
Keppel’s Alpha Investment ties up with Allianz to acquire Beijing office project stake for S$1.3B
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.
Singapore share buybacks Tuesday: HRnetGroup, Starburst, Global Investments, Cheung Woh
These are Singapore companies which announced share buybacks on Tuesday, 15 October 2019: HRnetGroup, Starburst, Global Investments and Cheung Woh.
Singapore share buybacks Monday: HRnetGroup, GRP, Cheung Woh Tech
These are Singapore companies which announced share buybacks on Monday, 14 October 2019: HRnetGroup, GRP Ltd., and Cheung Woh Technologies.
No Signboard opens first overseas outlet in Shanghai
Iconic Singapore chili crab restaurateur No Signboard said Monday it opened its first overseas seafood outlet in Shanghai, bringing its total to four.
Singapore stocks to watch Friday: Dyson, CapitaLand, SPH REIT, ESR-REIT, Accordia Golf, Q&M
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.
Singapore share buybacks Thursday: Yangzijiang, Food Empire, GRP, Straco
These are Singapore companies which announced share buybacks on Thursday, 10 October 2019: Yangzijiang Shipbuilding, Food Empire, GRP Ltd. and Straco Corp.
Q&M to sell part of its Aidite (Qinhuangdao) Technology stake for S$49 million
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 prices S$500 million fixed-rate perpetual notes
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.
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 stocks to watch Wednesday: ComfortDelGro, SBS Transit, F&N, Hi-P, Sembcorp
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 enters deal to acquire Singapore manufacturer SEAMCO
Hi-P International said Tuesday it entered a deal to acquire Singapore-based plastics manufacturer SEAMCO for US$31 million.
Singapore stocks to watch Friday: Ascendas REIT, Manulife US REIT, Raffles Infrastructure, Addvalue
These are Singapore companies which may be in focus on Friday, 4 October 2019: Ascendas REIT, Manulife US REIT, Raffles Infrastructure and Addvalue.
Singapore share buybacks Thursday: Jardine Matheson, HRnetGroup, Eurosports, CDW, Singapore Shipping
These are Singapore companies which announced share buybacks on Thursday, 3 October 2019: Jardine Mathesion, Eurosports Global, CDW Holding and HRnetGroup.
DBS: Where to boldly go for income in a zero- and negative-yield world
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.
UPDATE: Singapore stocks to watch Thursday: Lendlease Global REIT, Citic Envirotech, Sunvic, Spackman, Rex
These are Singapore companies which may be in focus on Thursday, 3 October 2019: Lendlease Global Commercial REIT, Sunvic, Citic Envirotech and Spackman.
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.
Sunvic Chemical subsidiary receives demands to repay 166 million yuan in loans
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 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.
Frasers Centrepoint Trust, Frasers Property stakes in Tiong Bahru Plaza owner rise
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 more than double India assets under management to S$7B by 2024
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.
UPDATE: Singapore stocks to watch Tuesday: Keppel REIT, ComfortDelGro, BreadTalk, Hyflux, First REIT, GENS
These are Singapore companies which may be in focus on Tuesday, 1 October 2019: BreadTalk, Genting Singapore, Hyflux, First REIT, Sunpower and Spackman.
ComfortDelGro enters deal to sell one West London property and buy another
ComfortDelGro said Tuesday it entered a deal to sell the Alperton Bus Garage in West London and acquire another property in West London.
Singapore share buybacks Monday: Yangzijiang, Jardine Matheson, Stamford Land, Food Empire
Singapore companies which announced share buybacks on Monday, 30 September 2019: Yangzijiang, Jardine Matheson, Stamford Land, Food Empire and Global Investments.
Sunpower lands 49 million yuan tender from Sinopec
Sunpower said Monday it obtained a tender valued at around 49 million yuan (S$9.48 million) from repeat customer Sinopec Nanjing Engineering & Construction.
UPDATE: Singapore stocks to watch Monday: Keppel, ThaiBev, SATS, CityDev, OUE, Keppel Infrastructure
These are Singapore companies which may be in focus on Monday, 30 September 2019: Keppel, CityDev, Keppel Infrastructure Trust, OUE and Thai Beverage.
Keppel to divest Keppel Logistics (Foshan) and Keppel Logistics (Hong Kong)
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 Land China to acquire Shanghai commercial property for around S$96 million
Keppel said Friday it entered a deal to acquire Zhangjiang Micro-electronic Port Block #3, a commercial property in Shanghai for CNY493M.
Singapore share buybacks Thursday: Jardine Matheson, Stamford Land, Eurosports, GRP
These are Singapore companies which announced share buybacks on Thursday, 26 September 2019: Jardine Matheson, Stamford Land, Eurosports and HRnetGroup.
China Jinjiang Environment taps new executive chairman, chief financial officer
China Jinjiang Environment named on Thursday a new executive chairman, a new chief financial officer and a chief engineer.
Raffles Education to sell Australia property for A$80 million
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 Ascott to acquire Sydney serviced-residence property for S$192 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.