OCBC is in talks with Singtel and others about seeking one of Singapore’s planned virtual banking licenses, Bloomberg reported Wednesday, citing sources.
Singtel said Wednesday its wholly owned subsidiary Singtel Group Treasury (SGT) has priced US$750 million of 10-year USD-denominated notes at 2.375 percent.
Moody’s said Tuesday it assigned Singtel Group Treasury’s (SGT) proposed 10-year U.S.dollar benchmark notes an A1 rating with a negative outlook.
These are Singapore companies which may be in focus on Friday, 16 August 2019: Singapore Airlines, Frasers Property, Jardine Cycle & Carriage and CRCT.
Golden Agri reported Wednesday its 2Q19 net loss widened to US$64.70M, from a net loss of US$39.02M in the year-ago quarter as palm oil prices dropped.
Singtel posted Thursday its fiscal 1Q net profit dropped 34.9% on-year to S$541 million on losses from Airtel and higher depreciation and amortization.
Fraser and Neave reported Wednesday its fiscal third quarter net profit increased 9 percent on-year to S$54.83 million on higher soft drink and dairy sales.
Koufu reported Wednesday 2Q19 net profit increased 16.2% on-year on stronger contributions from both the outlet and mall management and F&B retail segments.
These are Singapore companies which announced share buybacks on Monday, 5 August 2019: Japfa, Stamford Land and Singapore Shipping.
First REIT reported Monday its 2Q19 net property income slipped 0.6% on-year, mainly on higher expenses for the South Korea and Indonesia properties.
Jardine Matheson and Jardine Strategic both reported Friday slightly weaker underlying net profit for the first half, citing a weaker Indonesian car market.
Jardine C&C reported Friday its first half net profit jumped 147 percent on-year to US$427 million on net non-trading gains.
Kencana Agri warned Friday it expects to report a second quarter net loss, mainly on low crude palm oil prices.
Lippo Malls Indonesia Retail Trust reported Thursday its 2Q19 net property income rose 1.9% on-year to S$43.97M on cost-management initiatives and positive rental reversions.
These are Singapore companies which announced share buybacks on Wednesday, 31 July 2019: SPH, Keppel REIT, Boustead Singapore and Japfa.
S&P Global Ratings revised Wednesday. the ratings outlook for Singapore Telecommunications and Singtel Optus to negative, citing deteriorating debt metrics.
Global Palm Resources warned Wednesday it expects to report a net loss for 2Q19, mainly on a drop in the sales volume and prices of crude palm oil.
These are Singapore companies which may be in focus on Wednesday, 31 July 2019: CRCT, Frasers Hospitality Trust, CapitaLand, Starhill Global REIT and F&N.
Indofood Agri reported Wednesday its 2Q19 net loss widened to IDR216.54B from IDR68.60B in the year-ago period on lower selling prices for palm products.
DBS Bank Indonesia said Wednesday it signed a sustainability-linked export financing loan with PT Sumatera Timberindo Industry (STI), a wooden-door maker.
Bumitama Agri has issued 700 million ringgit of Islamic medium-term notes (IMTN) in two tranches, the palm oil producer said in a filing to SGX Monday.
These are Singapore companies which announced share buybacks on Friday, 12 July 2019: Venture, Olam, Straits Trading and Global Palm Resources.
Jardine Cycle & Carriage said Wednesday Alex Newbigging will step down as group managing director, to become CEO of Jardine International Motors (JIM).
These are Singapore companies which may be in focus on Monday, 8 July 2019: ThaiBev, Singtel, CapitaLand, Frasers Hospitality Trust and Sunpower.
These are Singapore companies which announced share buybacks on Friday, 5 July 2019: Olam International, Global Palm Resources and KSH Holdings.
Koufu’s subsidiary Super Tea (S) has entered a JV to expand the Supertea and R&B Tea brands into Indonesia, the food court operator said Thursday.
These are Singapore companies which may be in focus on Thursday, 3 July 2019: Olam International, F&N, Soilbuild REIT and Chip Eng Seng.
The Kendari-3 2 X 50 megawatt coal-fired power plant designed by a Sunpower subsidiary was successfully connected to the Indonesia’s grid, Sunpower said Tuesday.