UPDATE: Singapore stocks to watch Thursday: ThaiBev, YZJ, Sembcorp, OUE, Accordia Golf, No Signboard
These are Singapore companies which may be in focus on Thursday, 15 August 2019: Thai Beverage, Yangzijiang, Sembcorp, OUE and Accordia Golf.
Hospitality & Tourism
UPDATE: Singapore stocks to watch Wednesday: Wilmar, ComfortDelGro, MUST, Yanlord, OUE, Accordia Golf
These are Singapore stocks which may be in focus on Wednesday, 14 August 2019: Wilmar, ComfortDelGro, MUST, Yanlord, OUE and Accordia Golf.
UPDATE: Singapore stocks to watch Tuesday: Yangzijiang, StarHub, Venture, SGX, Ezion, Noble, SBS Transit
These are Singapore companies which may be in focus on Tuesday, 13 August 2019: Yangzijiang, StarHub, Venture, Noble and No Signboard.
UOL Group reports 2Q19 net profit climbed 48 percent on higher fair value gains
UOL Group posted second quarter net profit increased 48 percent on-year to S$195.38 million on higher fair value gains on investment properties.
UPDATE: City Developments 2Q19 net profit falls 26 percent on property development
City Developments posted Thursday its 2Q19 net profit fell 26.4% on-year to S$162.40M, mainly on the timing of profit recognition for property development.
OUE Hospitality Trust reports 2Q19 net property income fell 5 percent
OUE Hospitality Trust reported Tuesday its 2Q19 net profit income declined 4.5% on-year amid lower contributions from the hospitality and retail segments.
Far East Orchard reports 2Q19 net profit rose 54 percent
Far East Orchard reported Tuesday its 2Q19 net profit rose 53.7 percent on-year to S$2.39 million, partly on better performance of the hotels in Germany.
UPDATE: Singapore stocks to watch Monday: Genting Singapore, Sembcorp, Cache, Jardine C&C, Keppel
These are Singapore companies which may be in focus on Monday, 5 August 2019: Genting Singapore, Sembcorp, Cache Logistics Trsut and Jardine C&C.
UPDATE: Genting Singapore reports 2Q19 net profit dropped 5 percent
Genting Singapore reported Friday its 2Q19 net profit dropped 5 percent on-year to S$168.41 million amid a “significant decline” in the mass-gaming segment.
Chip Eng Seng reports 2Q19 net profit dropped 67 percent
Chip Eng Seng reported Thursday 2Q19 net profit dropped 67.4% on-year to S$3.99M on lower revenue from the property development and construction divisions.
Mandarin Oriental swings to 1H19 net loss on Excelsior closure, Bangkok renovation
Mandarin Oriental reported Thursday a first half net loss of US$12.1 million, hit by the closure of The Excelsior in Hong Kong and a renovation in Bangkok.
Ascendas Hospitality Trust reports fiscal 1Q net property income rose 14 percent on acquisitions
Ascendas Hospitality Trust reported Thursday its fiscal 1Q net property income rose 13.6% on-year to S$21.3M, mainly on the acquisition of five hotels.
KSH, Heeton and Lian Beng JV acquires 67 percent of Australia property development
A JV between Heeton, KSH and Lian Beng has acquired 67% of a Brisbane, Australia, property for A$5.5 million, the companies said Wednesday.
Frasers Hospitality Trust reports fiscal 3Q net property income fell 11 percent
Frasers Hospitality Trust reported Tuesday its fiscal 3Q net property income fell 11% on-year on a weaker performance from the Australia portfolio.
ARA US Hospitality Trust net property income beat IPO forecast for maiden report
ARA US Hospitality Trust reported Tuesday its net property income for the 9 May to 30 June period was US$9.86M, 0.4% above the IPO prospectus forecast.
Ascott Residence Trust reports 2Q19 gross profit rose 7 percent
Ascott Residence Trust reported Tuesday its 2Q19 gross profit rose 7% on-year to S$67.66 million on higher revenue and changes to accounting for leases.
Oxley Holdings in contract to sell part of Dublin Landings in Ireland
Oxley said Wednesday its wholly owned subsidiary Oxley Docklands Quay Three and National Asset North Quays entered a contract to sell part of Dublin Landings.
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.
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.
UOL and UIC awarded Clementi residential site tender by URA for S$491 million
Singapore’s URA awarded the tender for a residential site at Clementi Avenue 1 to UOL and UIC for S$491.3 million, the two companies said Tuesday.
Frasers Hospitality Trust in talks over potential sale of Sofitel Sydney Wentworth
Frasers Hospitality Trust said Monday it is in talks with unnamed parties over a potential sale of the Sofitel Sydney Wentworth.
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.
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.
UPDATE: Singapore stocks to watch Monday: Banks, CapitaLand, Temasek, Keppel, SIA, Suntec REIT
These are Singapore companies that may be in focus on Monday, 1 July 2019: Banks, Temasek, Singapore Airlines and Hyflux.
Oxley acquires 40 percent of Malaysia-based Aspen Vision Homes
Oxley said Tuesday it has acquired a 40 percent stake in Malaysia-based Aspen Vision Homes for 20 million ringgit (S$6.54 million or US$4.83 million).
CGS-CIMB: Genting Singapore’s shares are ‘cheap as chips’
Genting Singapore’s shares are “cheap as chips,” despite potential positives from the RWS revamp and potential Japan integrated resort bid, CGS-CIMB said Friday.
Singapore stocks to watch Tuesday: City Developments, Wilmar, CRCT, Sim Leisure
These are Singapore companies which may be in focus on Tuesday, 25 June 2019: City Developments, Wilmar, CRCT and Sim Leisure.
City Developments increases stake in IREIT Global
City Developments said Monday it increased its stake in IREIT Global to 12.486 percent after acquiring another 640,045 units.
