Mapletree Logistics Trust reports fiscal 1Q net property income rose 18 percent
Mapletree Logistics Trust reported Monday its fiscal1Q net property income increased 18.2%on-year on the redevelopment of Mapletree Ouluo Logistics Park.
China
UPDATE: Singapore stocks to watch Monday: Prime US REIT, CapitaLand, YZJ, SATS, YuuZoo Networks
These are Singapore companies which may be in focus on Monday, 22 July 2019: Prime US REIT, CapitaLand, Yangzijiang, SATS and YuuZoo Networks.
CapitaLand sells 160 units at One Pearl Bank launch
CapitaLand sold 160 units, or 80 percent of the 200 units available, at the launch of the One Pearl Bank development, the developer said Sunday.
Qian Hu’s 2Q19 net profit surged 62 percent despite dragon fish price war
Fish breeder Qian Hu reported Wednesday its 2Q19 net profit surged 61.6% on-year despite lower sales of pet fish, amid a boost from its edible fish segment.
Frasers Property obtains A$750 million including green loan tranche
Frasers Property said Wednesday it secured a A$750 million five-year term loan, including a A$500 million five-year green loan tranche with reduced pricing.
UPDATE: CapitaLand Commercial Trust enters deal to buy most of Frankfurt’s Main Airport Center
CapitaLand Commercial Trust entered a deal to acquire 94.9% of Main Airport Center (MAC) in Frankfurtfor 251.5 million euros, the trust said Wednesday.
Yangzijiang completes acquisition of Odfjell Terminals China for US$46 million
Yangzijiang has completed the acquisition of Singapore-based Odfjell Terminals China Holding for US$46.23 million, the shipbuilder said Tuesday.
Kingsmen Creatives enters deal to open NERF attractions in China
Kingsmen Creatives said Monday it entered a deal with Vision High (HK) to open NERF family entertainment center attractions in China.
CapitaLand’s One Pearl Bank preview draws crowds
The public preview of CapitaLand’s One Pearl Bank project drew more than 4,000 people to the sales gallery over the weekend, the property developer said Monday.
CapitaLand’s Ascott signs 26 properties under management, franchise deals
CapitaLand’s lodging unit The Ascott said Monday it signed 26 properties, with 23 under management contracts and three on franchise agreements.
Wilmar: China’s securities regulators accept subsidiary YKA’s application for IPO
China securities regulators accepted an application from Wilmar’s 99.99%-owned subsidiary YKA for a proposed Shenzhen IPO, the commodity trader said Friday.
UPDATE: Singapore stocks to watch Friday: Hyflux, Keppel, CapitaLand, Hi-P, SPH REIT
These are Singapore companies which may be in focus Friday, 12 July 2019: Hyflux, Keppel, CapitaLand, Hi-P International and SPH REIT.
Hi-P raises profit guidance for second quarter
Contract manufacturer Hi-P guided Thursday for lower revenue, but higher profit for the second quarter, compared with the second quarter of 2018.
UPDATE: Singapore stocks to watch Thursday: UOB, SGX, Sembcorp, Accordia Golf, Maxi-Cash
These are Singapore companies which may be in focus on Thursday, 11 July 2019: Sembcorp, UOB, SGX, Ascendas India Trust, Accordia Golf and Cordlife.
Sembcorp Industries increases stake in India energy arm
Sembcorp Industries increased its effective stake in its India energy arm, SEIL, to 94.05 percent from 93.73 percent, the company said Wednesday.
Mapletree Logistics Trust downgraded to Sell by Daiwa
Daiwa downgraded Mapletree Logistics Trust to Sell, saying valuations are “increasingly unattractive” and underlying DPU growth has been “negligible.”
CapitaLand ties up with Sembcorp to install rooftop solar farms at six properties
CapitaLand tied up with Sembcorp Industries to install rooftop solar farms on six of the developer’s properties by end-2019, the two companies said Tuesday.
Frasers Property to create industrial, logistics operating platform
Frasers Property said Monday it plans to create a business unit to combine its Australian and European industrial and logistics operations and assets related to FLT.
UPDATE: Singapore stocks to watch Monday: ThaiBev, Singtel, CapitaLand, Frasers Hospitality, Sunpower
These are Singapore companies which may be in focus on Monday, 8 July 2019: ThaiBev, Singtel, CapitaLand, Frasers Hospitality Trust and Sunpower.
Why Trump’s threats on Vietnam trade won’t stop manufacturers setting up shop
Trump may see Vietnam as another trade war target, but Taimur Baig, chief economist at DBS, said it likely won’t keep firms from setting up shop there.
China Everbright Water lands three environmental protection projects
China Everbright Water obtained three environmental protection projects requiring a total investment of around CNY340M, the water infrastructure player said Thursday.
UPDATE: Ascott Residence Trust and Ascendas Hospitality enter S$1.24 billion deal to merge
Ascott Residence Trust and Ascendas Hospitality Trust said Wednesday they entered a deal to combine into what would be the largest hospitality trust in Asia Pacific.
Why the US trade war has become a never-ending game of whack-a-mole
Global markets may have heaved a sigh of relief after this weekend’s G-20 meeting in Japan, but the trade-war hostilities likely won’t end anytime soon.
Frasers Logistics Trust to acquire 12 properties from Frasers Property for A$645 million
Frasers Logistics & Industrial Trust said Wednesday it planned to buy nine logistics properties in Germany and three in Australia from Frasers Property for A$644.7M.
Thai Beverage acquires coffee bean processor Dongguan LiTeng
Thai Beverage’s indirect subsidiary, AIB (GD), has acquired all of LiTeng Foods, a China-based coffee bean processor, the Chang beer maker said Tuesday.
Sold out! Yanlord sells all available Yanlord Gardens project units on launch day
Yanlord Land said Tuesday it sold all 357 units available at its Yanlord Gardens project on the launch day, with total presales of around 1.43 billion yuan.
Sunpower connects Indonesia coal-fired plant to grid
The Kendari-3 2 X 50 megawatt coal-fired power plant designed by a Sunpower subsidiary was successfully connected to the Indonesia’s grid, Sunpower said Tuesday.
UPDATE: Singapore stocks to watch Tuesday: CapitaLand, Thakral, Raffles United, OUE Lippo Healthcare
These are Singapore companies which may be in focus on Tuesday, 2 July 2019: CapitaLand, Thakral, Raffles United and OUE Lippo Healthcare.
