Phillip Capital forecasts UOB to face softer NIM on funding pressure
UOB’s NIM may face pressure ahead as more expensive fixed deposits make up a greater portion of the bank’s funding mix, Phillip Capital said.
Financials & Banks
Tokyo Century to take 20 percent stake in Yoma Fleet
Japanese leasing company Tokyo Century will acquire a 20% stake in Yoma Strategic’s subsidiary Yoma Fleet for US$26.6 million, the companies said Monday.
Hyflux: Creditor Maybank terminates collaboration deal
Hyflux said Friday creditor Maybank terminated its collaboration agreement with the troubled Singapore water infrastructure player with immediate effect.
UPDATE: Singapore stocks to watch Thursday: SGX, BreadTalk, Keppel, Keppel REIT, Suntec REIT, Hyflux
These are Singapore companies which may be in focus on Thursday, 18 April 2019: SGX, BreadTalk, Keppel, Keppel REIT, Suntec REIT and Hyflux.
Singapore share buybacks Wednesday: OCBC, Stamford Land, Straits Trading, Global Palm
These are Singapore companies which announced share buybacks on Wednesday, 17 August 2019: OCBC, Straits Trading, Stamford Land and Global Palm Resources.
Singapore share buybacks Tuesday: OCBC, Straits Trading, Global Palm Resources
These are Singapore companies which announced share buybacks on Tuesday, 16 April 2019: OCBC, Straits Trading and Global Palm Resources.
Singapore share buybacks Monday: OCBC, Global Palm, Stamford Land, Straits Trading
These are Singapore companies which announced share buybacks on Monday, 15 April 2019: OCBC, Global Palm Resources, Stamford Land and Straits Trading.
Maybank KE: UOB earnings growth driven by overseas loan book
UOB’s lagging net interest margins (NIMs) are set for an inflection point in the first quarter amid loan growth overseas and re-priced mortgages within Singapore,…
UPDATE: Singapore stocks to watch Friday: Ezion, Accordia Golf Trust, JUMBO, Aspial, Koufu
These are Singapore companies which may be in focus on Friday, 12 April 2019: Ezion, Accordia Golf Trust, JUMBO Group and ValueMax.
Singapore share buybacks Thursday: OCBC, Global Palm, Straits Trading, Stamford Land
These are Singapore companies which announced share buybacks on Thursday, 11 April 2019: OCBC, Global Palm Resources, Straits Trading and Stamford Land.
UPDATE: Singapore stocks to watch Thursday: Genting Singapore, ThaiBev, Keppel, MLT, Indofood Agri
These are Singapore companies which may be in focus on Thursday, 11 April 2019: Genting Singapore, Thai Beverage, Keppel and Mapletree Logistics Trust.
Singapore share buybacks Wednesday: OCBC, Global Palm Resources
These are Singapore companies which announced share buybacks on Wednesday, 10 April 2019: OCBC and Global Palm Resources.
Singapore Exchange posts record derivatives volume for first quarter
SGX reported Wednesday 1Q19 derivatives volume rose to a record, with an average daily volume of more than a million contracts for the first time.
UPDATE: Singapore stocks to watch Wednesday: SPH, Keppel, CapitaLand, BreadTalk, SATS, KIT
These are Singapore companies which may be in focus on Wednesday, 10 April 2019: SPH, Keppel, CapitaLand, SATS and BreadTalk.
Singapore share buybacks Tuesday: OCBC, Global Palm, Stamford Land
These are Singapore companies which announced share buybacks on Tuesday, 9 April 2019: OCBC, Global Palm Resources and Stamford Land.
UOB prices US$600 million subordinated notes due 2029
UOB priced US$600 million of 3.75 percent subordinated notes due 2029 and callable in 2024, the bank said in an SGX filing Tuesday.
Singapore share buybacks Monday: OCBC, Kimly, Stamford Land
These are Singapore companies which have announced share buybacks on Monday, 8 April 2019: OCBC, Kimly and Stamford Land.
iFAST increases stake in iFAST India Holdings after rights issue
Online brokerage iFAST said Monday it increased its stake in associate iFAST India Holdings to 30.96 percent after the Indian entity’s rights issue.
SGX launches interest-rate derivatives on Japan repo
SGX said on Monday it is launching the first total return futures (TRF) in Asia, based on the Nikkei 225 Index, with the introduction set for 13 May.
UPDATE: Singapore stocks to watch Monday: OUE C-REIT, OUE H-Trust, SIA, CityDev, SPH REIT
These are Singapore companies likely to be in focus on Monday, 8 April 2019: Singapore Airlines, City Developments, SPH REIT, SGX and Yongnam.
Singapore share buybacks Thursday: OCBC, Kimly, Stamford Land
These are Singapore share buybacks announced on Thursday, 4 April 2019: OCBC OCBC bought back 200,000 shares in the market at S$11.63 each for a…
UPDATE: Singapore stocks to watch Thursday: Genting Singapore, SingPost, SATS, Pine Capital
These are Singapore companies which may be in focus on Thursday, 4 April 2019: Genting Singapore, SingPost, SATS and Pine Capital.
iFast Capital Malaysia to sell bonds to retail investors with 1,000 ringgit minimum
Online brokerage iFast’s Malaysia subsidiary is offering investment grade bonds to retail investors, with minimum investments as low as 1,000 ringgit.
Pine Capital says it bought ACPAM shares in ‘urgent capital call’
Pine Capital said Wednesday it subscribed for new shares in 51 percent-owned subsidiary ACPAM in an “urgent capital call” to meet regulatory requirements.
Singapore share buybacks Wednesday: OCBC, Kimly, Global Palm
These are Singapore companies which announced share buybacks on Wednesday, 3 April 2019: OCBC, Kimly and Global Palm Resources.