Singapore banks downgraded in Daiwa’s Singapore strategy
Daiwa downgraded Singapore banks to Neutral and deleted DBS from its portfolio as the investment bank positioned away from rate-sensitive plays.
Financials & Banks
DBS wealth management income likely weighed by market volatility in 4Q18
DBS was expected to report decent fourth quarter earnings growth even as wealth management fees were expected to have been hurt by market volatility.
UPDATE: Singapore stocks to watch Wednesday: HPHT, Frasers Property, SGX, Kimly, Perennial, FEHT
These are Singapore companies which may be in focus on Wednesday, 13 February 2019: HPHT, Frasers Property, SGX, Kimly, FEHT and Perennial.
Yoma Strategic reports fiscal 3Q swings to net loss amid higher finance costs
Yoma Strategic reported Wednesday a fiscal 3Q net loss of S$5.2M, swinging from a year-earlier net profit amid higher expenses for its new businesses.
UPDATE: Singapore stocks to watch Monday: Manulife US REIT, SIA Engineering, Ascendas REIT, No Signboard, Creative
These are Singapore companies which may be in focus Monday, 11 February 2019: SIA Engineering, Manulife US REIT, Ascendas REIT, No Signboard and Creative.
Yoma Strategic to acquire 65 percent stake in Myanmar restaurant chain YKKO
Yoma Strategic plans to acquire a 65 percent stake in Yankin Kyay Oh Group (YKKO), one of Myanmar’s largest restaurant chains, for around S$17.08 million, it said Monday.
UPDATE: Singapore stocks to watch Monday: CapitaLand, No Signboard, DeClout, Hyflux, Noble, Courts Asia
These are Singapore stocks which may be in focus on Monday, 4 February 2019: CapitaLand, No Signboard, ST Engineering, DeClout, Hyflux and Noble.
UPDATE: Singapore stocks to watch Wednesday: Starhill Global REIT, Suntec REIT, OUE Hospitality, SGX
These are Singapore stocks which may be in focus on Wednesday, 30 January 2019: Starhill Global REIT Starhill Global REIT reported net property income for…
Singapore stocks to watch Tuesday: M1, Ascott Residence Trust, CDL Hospitality, Yoma
These are Singapore stocks which may be in focus on Tuesday, 28 January 2019: M1 Singapore telco M1 reported on Monday its fourth quarter net…
Singapore stocks to watch Monday: Keppel, Oxley, Great Eastern, OUE, Frasers Hospitality
These are Singapore stocks which may be in focus on Monday, 28 January 2019: Keppel Corp. Portsville, a wholly owned subsidiary of Keppel Land (KLL),…
Great Eastern to sell 5 percent stake in QBE Indonesia to Suryasono Sentosa
Great Eastern Holdings said on Monday it entered a deal to sell 5 percent of PT QBE General Insurance Indonesia to PT Suryasono Sentosa, or…
Singapore stocks to watch Friday: Keppel, SGX, Keppel-KBS US REIT, Yoma, SATS
These are Singapore stocks which may be in focus on Friday 24 January 2019: Keppel Corp. Keppel Corp. reported on Thursday that its fourth quarter…
Singapore Exchange reports fiscal 2Q net profit up 9 percent on higher derivatives revenue
Singapore Exchange reported on Thursday its fiscal second quarter net profit rose 9 percent on-year to S$96.5 million as an increase in derivatives revenue more…
Yoma Strategic to raise US$70 million in Thai bond issue
Yoma Strategic plans to issue a 2.22 billion Thai baht, or around US$70 million, baht-denominated guaranteed bond in Thailand, marking the first guaranteed bond issuance…
UPDATE: Singapore stocks to watch Tuesday: M1, Mapletree Logistics, ST Engineering, Keppel REIT, China Everbright
These are Singapore stocks which may be in focus on Tuesday, 22 January 2019: M1 The bidder for M1 said on Tuesday that it doesn’t…
Singapore share buybacks Thursday: OCBC, Venture, Sunpower, Bumitama Agri
These are Singapore companies which announced share buybacks on Thursday, 17 January 2019: OCBC OCBC bought back 200,000 shares in the market at S$11.74 each…
Singapore share buybacks Wednesday: OCBC, Bumitama Agri, Sunpower
These are Singapore companies which announced share buybacks on Wednesday, 16 January 2019: OCBC OCBC bought back 200,000 shares in the market at S$11.73 each…
Singapore share buybacks Tuesday: OCBC, Sunpower, SingHaiyi, PEC, POSH
These are Singapore companies which announced share buybacks on Tuesday, 15 January 2019: OCBC OCBC bought back 200,000 shares in the market at S$11.68 each…
Singapore share buybacks Monday: Venture, SingPost, Silverlake Axis, SingHaiyi
These are Singapore companies which announced share buybacks on Monday, 14 January 2019: Venture Corp. Venture Corp. bought back 51,000 shares in the market at…
Singapore share buybacks Friday: Silverlake Axis, Hi-P International, Stamford Land
These are Singapore companies which announced share buybacks on Friday, 11 January 2019: Silverlake Axis Silverlake Axis bought back 650,000 shares in the market at…
OUE Lippo Healthcare acquires stakes in Myanmar healthcare joint ventures for around US$20 million
OUE Lippo Healthcare said on Thursday that it acquired stakes in two joint ventures in Myanmar with three hospitals, one medical center and two clinics…
Singapore share buybacks Thursday: OCBC, Silverlake Axis, SingHaiyi Group
These are Singapore companies which announced share buybacks on Thursday, 10 January 2019: OCBC OCBC bought back 200,000 shares in the market at S$11.58 each…
UPDATE: UOB, Prudential renewed bancassurance deal in Southeast Asia
Singapore bank UOB said on Thursday that it renewed its bancassurance tie-up with Prudential Group for 15 years, with the insurer to pay the Singapore…
Singapore stocks to watch Thursday: Ascott Residence Trust, SGX, Raffles Infrastructure
These are Singapore companies which may be in focus on Thursday, 10 January 2019: Ascott Residence Trust Ascott Residence Trust entered a deal to sell…
Singapore share buybacks Wednesday: OCBC, Silverlake Axis, PEC
These are Singapore companies which announced share buybacks on Wednesday, 9 January 2019: OCBC OCBC bought back 200,000 shares in the market at S$11.54 each…
