Singapore share buybacks Wednesday: OCBC, Olam, Keppel REIT, Global Palm, Stamford Land
These are Singapore companies which announced share buybacks Wednesday, 19 June 2019: OCBC, Olam, Keppel REIT, Stamford Land and Global Palm Resources.
Indonesia
Singapore stocks to watch Wednesday: Fund manager survey, Sembcorp, SGX, CapitaLand, Hyflux
These are Singapore companies which may be in focus Wednesday, 19 June 2019: BofA-ML fund manager survey, Sembcorp Industries, SGX, CapitaLand and Hyflux.
Singtel-tied Airtel Africa sets price range for LSE IPO to raise more than S$1 billion
Airtel Africa set the price range Monday for its initial public offering (IPO) at 80 pence to 100 pence a share, the telco said in a filing to the LSE.
Financial Adviser: Indofood Agri takeover bid ‘not fair but reasonable’
The S$0.3275 a share takeover bid for Indofood Agri is “not fair but reasonable,” the independent financial adviser for recommending directors has said.
Singtel Optus prices 500 million euro 10-year notes
Singtel Optus’ wholly owned subsidiary Optus Finance priced 500 million euro 0-year fixed-rate notes at 1.0 percent, Singtel said Friday.
LMIR Trust prices US$250 million five-year bond offering
LMIR Trust said Thursday it priced a US$250M five-year bond offering at 7.25%, in Asia’s first U.S. dollar high-yield bond issued by a REIT.
GIC and Polymer Connected tie up for Jakarta data center campus
Singapore state-owned investment company GIC said Thursday it tied up with data-center provider Polymer Connected to develop a Jakarta data center campus.
UPDATE: Singapore stocks to watch Wednesday: Temasek, Sembcorp, Gallant, OCBC, UOB, OUE
These are Singapore companies which may be in focus on Wednesday, 11 June 2019: Temasek, Sembcorp, Gallant, OUE, China Jinjiang Environment, OCBC and UOB.
Singapore share buybacks Friday: Olam, Raffles Medical, Global Palm Resources
These are Singapore companies which announced share buybacks on Friday, 7 June 2019: Olam International, Raffles Medical and Global Palm Resources.
Singtel-tied Airtel Africa aims to raise US$750 million in London IPO
Airtel Africa plans to proceed with an IPO on the London Stock Exchange, aiming to raise US$750 million, Bharti Airtel said Tuesday.
UPDATE: LMIR Trust assigned credit ratings by Moody’s and Fitch
Lippo Malls Indonesia Retail Trust said Monday that both Moody’s Investors Service and Fitch Ratings Singapore had assigned credit ratings to the trust.
UPDATE: Singapore stocks to watch Monday: Keppel, CapitaLand, CMT, Genting Singapore, ST Engineering
These are Singapore stocks which may be in focus on Monday, 3 June 2019: Genting Singapore, ST Engineering, OUE, SPH and Perennial.
Singtel: Completed subscription to Bharti Airtel rights shares
Singtel completed its subscription to 170.10 million new shares of Bharti Airtel under its rights issue, the Singapore telco said Wednesday.
Airtel Africa announces plan to seek IPO on London Stock Exchange
Airtel Africa plans to seek a potential IPO on the London Stock Exchange, India’s Bharti Airtel said in a letter to the Indian stock exchanges Tuesday.
Nomura: Starbucks Thailand acquisition a positive for Thai Beverage
Fraser and Neave’s deal to acquire Starbucks Coffee (Thailand) via a joint venture is a positive for Thai Beverage, Nomura said in a note Friday.
Fraser and Neave invests S$115 million into JVs for Starbucks Thailand deal
Fraser and Neave has injected around S$114.84 million into two JVs to facilitate the acquisition of Starbucks Thailand, the beverage maker said Friday.
UPDATE: Singapore stocks to watch Friday: F&N, ThaiBev, CapitaLand, KIT, ESR, Sabana REIT
These are Singapore companies which may be in focus on Friday, 24 May 2019: Fraser and Neave, Thai Beverage, Keppel Infrastructure Trust and ESR.
Singapore share buybacks Thursday: DBS, OCBC, Japfa, China Sunsine
These are Singapore companies which announced share buybacks on Thursday, 23 May 2019: DBS, OCBC, Japfa and China Sunsine Chemical.
Fraser and Neave ties up with Maxim’s to acquire Starbucks Thailand
F&N said Thursday it tied up with Maxim’s Caterers to acquire Starbucks Coffee (Thailand) in a move to enter Thailand’s retail coffee market.
Singapore share buybacks Thursday: Singtel, OCBC, Kimly, Straits Trading, China Sunsine
These are Singapore companies which announced share buybacks on Thursday, 16 May 2019: Singtel, OCBC, Kimly, Straits Trading and China Sunsine.
Banyan Tree reports 1Q19 net profit tumbled 74 percent on BTAC dilution
Banyan Tree Holdings reported Wednesday its 1Q19 net profit tumbled 74 percent on-year to S$5.23 million after its interest in BTAC was diluted.
First Resources reports 1Q19 net profit dropped 56 percent as palm oil prices fell
First Resources reported Wednesday its 1Q19 net profit dropped 55.7 percent on-year to US$12.29 million on weaker crude palm oil prices.
Singtel reports nearly flat fiscal 4Q net profit on weak Australian dollar
Singtel reported Wednesday its fiscal 4Q net profit rose 0.4 percent on-year to S$773 million the Australian dollar’s decline.
Kencana Agri swings to 1Q19 net profit on fair-value gain
Kencana Agri reported Tuesday it swung to a 1Q19 net profit of US$602,000 on fair value gains on biological assets and the stronger Indonesian rupiah.
Bumitama Agri reports 1Q19 net profit dropped 52 percent on palm oil price decline
Bumitama Agri reported Tuesday its first quarter net profit dropped 52.3 percent to 110.61 billion rupiah as crude palm oil (CPO) prices declined.
