Singapore companies which may be in focus Friday, 30 July 2021: SIA, Sheng Siong, Starhill Global REIT, Dairy Farm, Mandarin Oriental and Raffles Education.
Hospitality & Tourism
DBS started Far East Orchard at Buy, with a S$1.70 target price, citing “deep value and compelling reasons to trade higher.”
Daiwa downgraded Ascott Residence Trust to Outperform from Buy after first half results missed forecasts on a slower-than-expected recovery.
Singapore companies which may be in focus on Tuesday, 27 July 2021: CDL Hospitality Trusts, Keppel DC REIT, KORE, LMIRT and ST Engineering.
Ascott Residence Trust said Tuesday DPS rose 95% on-year on divestments and termination-fee income. The results missed Daiwa’s forecast.
CDL Hospitality Trusts will expand its strategy to include alternative accommodation, such as rental housing, co-living, student accommodation and senior housing.
These are stock news briefs for Wednesday, 21 July 2020: CapitaLand, Prime US REIT, IREIT Global and ARA LOGOS Trust.
Duty Free International reported Wednesday its fiscal 1Q loss narrowed to 219,000 ringgit amid lower rental and employee benefits costs.
A bid to take Fragrance private, announced Friday, became unconditional, with acceptances topping 90% of shares, the offerer said Monday.
Fragrance’s CEO has bid to take the company private, offering S$0.138 a share, an around 16.9 percent premium over the closing price Thursday.
Singapore companies which may be in focus on Friday, 6 Dec. 2019: Mapletree Logistics, Golden Agri, Singtel, Keppel and Lendlease Global Commercial REIT.
Compass Cove ceased to be a substantial unitholder of Eagle Hospitality Trust, with its direct interest falling to 4.96 percent, Norbert Yuan said Thursday.
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.
Eagle Hospitality Trust said Wednesday the City of Long Beach’s auditor would begin an audit of the Queen Mary lease agreement, marking the sixth audit.
S&P Global Ratings has cut its long-term issuer credit rating on Genting Bhd. to BBB-plus from A-minus, the ratings agency said in a statement Wednesday.
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.
Howard Wu, a principal of Eagle Hospitality Trust’s sponsor, has purchased more units of the trust via his wholly owned company, Wu said Thursday.
These are Singapore companies which may be in focus on Wednesday, 27 November 2019: OCBC, SGX, Hyflux, ST Engineering, Mapletree Logistics Trust and JUMBO.
Moody’s Investors Service said Monday it changed its ratings outlook on Frasers Hospitality Trust to negative from stable.
These are Singapore companies which may be in focus on Monday, 25 November 2019: Thai Beverage, UOL, Keppel, Yanlord, Ezion and Sabana REIT.