Del Monte Pacific swings to fiscal 2Q net loss
Del Monte Pacific said Friday it swung to a fiscal second quarter net loss of US$37.35M, from a year-ago net profit of US$8.43M, due to one-off expenses.
Food & Beverage
Singapore stocks to watch Thursday: Mapletree North Asia, Keppel REIT, Sembcorp, F&N, SGX, Eagle H-Trust
These are companies which may be in focus on Thursday, 5 Dec. 2019: Mapletree North Asia Commercial Trust, Keppel REIT, Sembcorp, F&N, SGX and Eagle H-Trust.
Singapore share buybacks Tuesday: ST Engineering, OCBC, Keppel REIT, Kimly, Sembcorp, Silverlake Axis
These are Singapore companies which annoucned share buybacks on Tuesday, 3 December 2019: OCBC, Keppel REIT, Sembcorp Industries, ST Engineering and Kimly.
UDPATE: Singapore stocks to watch Tuesday: Olam, FCOT, FLT, UOB, Ascendas REIT, Mapletree Commercial, Temasek
These are Singapore companies which may be in focus on Tuesday, 3 December 2019: FCOT, FLT, UOB, Ascendas REIT, Mapletree Commercial Trust and Temasek.
UPDATE: Singapore share buybacks Monday: OCBC, Keppel REIT, Sembcorp Industries, Kimly, Silverlake Axis
These are Singapore companies which announced share buybacks on Monday, 2 December 2019: OCBC, Keppel REIT, Sembcorp Industries, Silverlake Axis and Kimly.
Yoma completes first tranche of placement shares to Ayala Corp.
Yoma Strategic said Monday it has completed the placement of 332.5 million new shares to an indirect wholly owned subsidiary of Ayala Corp.
UPDATE: Singapore stocks to watch Monday: FCOT, FLT, ThaiBev, Lendlease Global REIT, Oxley, UEL
These are Singapore companies which may be in focus on Monday, 2 Dec. 2019: ThaiBev, Lendlease Global Commercial REIT, DBS, Temasek, OCBC and No Signboard.
No Signboard Holdings reports fiscal year net loss more than doubled
No Signboard reported Friday its fiscal year net loss widened to S$4.85 million on lower revenue from the seafood restaurants and the beer operations.
Thai Beverage: Talks on listing beer business at ‘exploratory’ stage
Thai Beverage is evaluating strategic proposals, including a potential listing of its beer business, the Chang beer maker said in a filing to SGX.
How Impossible Foods is tackling Asian markets, including China
Impossible Foods has a plan for launching its plant-based alternative to meat in Asia’s markets: It’s taking aim at the region’s traditional dishes.
UPDATE: Singapore stocks to watch Friday: SGX, Lendlease Global REIT, Accordia Golf, Eagle H-Trust, FCOT, FLT
These are Singapore companies which may be in focus on Friday, 29 November 2019: SGX, Lendlease Global REIT, Accordia Golf Trust and Eagle Hospitality Trust.
Fraser and Neave increases investment in Emerald Brewery Myanmar
Fraser and Neave said Wednesday it subscribed for an additional 4.69M new shares in Emerald Brewery Myanmar at US$1 each for a total of US$4.69M.
Kimly reports fiscal 4Q net profit fell 6 percent despite higher revenue
Kimly reported Tuesday its full fiscal year net profit fell 8.4 percent on-year to S$20.1 million despite higher revenue, amid higher expenses.
Restaurateur JUMBO reports fiscal year net profit rose 6 percent
JUMBO reported Tuesday fiscal year net profit rose 5.9% on-year to S$11.67M as Singapore revenue rose on new outlets and as costs were better controlled.
UPDATE: Singapore stocks to watch Tuesday: Olam, SGX, Frasers Hospitality, ThaiBev, SIIC Environment
Singapore stocks which may be in focus on Tuesday, 25 November 2019: SGX, Frasers Hospitality Trust, ThaiBev, SIIC Environment, Pine Capital and MindChamps.
Thai Beverage reports fiscal year net profit climbed 33 percent
Thai Beverage reported Friday its full year net profit climbed 33 percent on-year to 26.08 billion baht on higher contributions from spirits and beer.
UPDATE: Singapore stocks to watch Friday: Mapletree Logistics, OCBC, SGX, Halcyon Agri, ST Engineering, UOB
These are Singapore companies which may be in focus on Friday, 22 November 2019: Mapletree Logistics Trust, OCBC, SGX, Halcyon Agri, ST Engineering and UOB.
Li Ka-shing-tied Horizons Ventures: Trends in our food investments
Solina Chua, a co-founder of Horizons Ventures, said Wednesday climate change is a driver of firm’s interest in food-based investments.
Temasek: These are the big themes in our agriculture and food investments
Temasek started its agriculture and food investments with three key concerns: Food security, energy security and water security, CEO Pillay said Wednesday.
UPDATE: Singapore stocks to watch Tuesday: Mapletree Commercial, Soilbuild, OUE, Far East Orchard, Sheng Siong
These are Singapore companies which may be in focus on Tuesday, 19 November 2019: MCT, Soilbuild Construction, OUE, Far East Orchard and Sheng Siong.
Sushi restaurateur Sakae Holdings reports fiscal 1Q net loss widened
Sakae reported Thursday its fiscal 1Q net loss widened to S$831,000 as the sushi chain worked to streamline its operations.
Fraser and Neave reports fiscal year net profit climbed 24 percent
Fraser and Neave reported Thursday its fiscal full year net profit increased 23.5 percent on-year to S$152.56 million on higher soft drink and dairy sales.
Old Chang Kee reports fiscal 2Q net profit fell 9 percent
Iconic Singapore curry puff maker Old Chang Kee reported Thursday its fiscal 2Q net profit fell 9.4 percent on-year as revenue from retail outlets declined.
Yoma Strategic reports fiscal 2Q swung to net loss as property development revenue dropped
Yoma reported Thursday its fiscal 2Q swung to a net loss of US$43.33M from a year-earlier net profit of US$29.88M as property development revenue dropped.
UPDATE: Ayala Corp to take 20 percent stake in Yoma Strategic and First Myanmar Investment
Ayala Corp. will invest up to US$237.5M to take an up to 20% stake in each of Yoma Strategic and its affiliate, First Myanmar Investment (FMI), Yoma said Thursday.
BreadTalk reports 3Q19 net profit tumbled 81 percent
BreadTalk reported Tuesday its third quarter net profit tumbled 81 percent on-year to S$500,000 as the bakery division posted a loss before tax.
SATS reports fiscal 2Q net profit fell nearly 8 percent
SATS reported Tuesday its fiscal 2Q net profit fell 7.6 percent on-year to S$60.7 million on higher expenses and changes to accounting for leases.
Koufu terminates joint venture to expand Supertea and R&B brands into Indonesia
Koufu and its JV partners mutually terminated their JV to expand the Supertea and R&B Tea brands into Indonesia, the coffee shop operator said Tuesday.
UPDATE: Singapore stocks to watch Monday: DBS, ST Engineering, Keppel, CapitaLand, Far East Orchard, Venture, Yoma
These are Singapore companies which may be in focus on Monday, 11 November 2019: Keppel, CapitaLand, Venture, Far East Orchard, Yoma and Nordic.
Yoma Strategic plans telecom tower divestment and acquisition of additional Wave Money stake
Yoma Strategic said Friday it plans to divest its remaining telecom tower investment and acquire an additional 10 percent stake in Wave Money.
Yoma Strategic warns it expects to report fiscal 2Q loss
Yoma Strategic warned Friday it expects to post an overall loss for the fiscal 2Q ended 30 September due to efforts to sell its investment in a China mall.
UPDATE: Singapore stocks to watch Friday: GENS, SPH REIT, Dairy Farm, ThaiBev, LMIRT, EC World REIT, Maxi-Cash
These are Singapore companies which may be in focus on Friday, 8 November 2019: Genting Singapore, SPH REIT, SIA, Dairy Farm, Thai Beverage and LMIRT.
Dairy Farm: 3Q19 combined sales higher on Robinsons Retail investment
Dairy Farm reported Thursday its 3Q19 combined sales, including associates and JVs, were up on-year, mainly on the investment in Robinsons Retail in late 2018.
Investcorp, China Resources, Fung Investments launch US$500M platform to invest in Asia food brands
Investcorp, China Resources and Fung Strategic launched a private-equity platform with US$500 million in committed capital to invest in Asian food brands.
Koufu reports 3Q19 net profit jumped 52 percent on new outlets and organic revenue growth
Koufu reported Monday its 3Q19 net profit climbed 52.3% on-year to S$7.1 million on stronger contributions from outlet and mall management and F&B retail.
UPDATE: Singapore stocks to watch Monday: Ascendas REIT, palm oil, CityDev, IREIT, OCBC, Lendlease REIT, SingPost
These are Singapore companies which may be in focus Monday, 4 November 2019: Ascendas REIT, CityDev, IREIT, OCBC and Lendlease Global Commercial REIT.
No Signboard opens second Little Sheep outlet in Singapore
No Signboard Holdings said Friday it opened its second Little Sheep Hotpot restaurant in Singapore, at a location in the basement of Orchard Gateway.
Kimly to revamp newly acquired TW143 coffeeshop
Kimly said Friday it has completed the acquisition of the coffeeshop property at 143 Teck Whye Lane #01-243 in Singapore, and plans major enhancement works.
UPDATE: Singapore stocks to watch Friday: UOB, Keppel, Yangzijiang, Ascott REIT, AA REIT, Hi-P, POSH
These are Singapore companies which may be in focus on Friday, 1 November 2019: Keppel, Yangzijiang, Ascott Residence Trust, AA REIT, Hi-P and Sabana REIT.
UPDATE: Singapore stocks to watch Thursday: Singapore Airlines, Hi-P, Keppel REIT, SingPost, Creative, Sheng Siong
These are Singapore companies which may be in focus on Thursday, 31 October 2019: SIA, Hi-P, Keppel REIT, SingPost, Creative Tech, Yanlord and Sheng Siong.