China Everbright Water proposes Hong Kong listing to raise up to HK$452 million
China Everbright Water proposed Wednesday a listing on the Hong Kong Stock Exchange to raise up to HK$452 million, or around S$78.36 million. The water…
infrastructure
UPDATE: Singapore stocks to watch Tuesday: Mapletree Industrial, ComfortDelGro, Keppel REIT, CapitaLand
These are Singapore companies which may be in focus on Tuesday, 23 April 2019: Mapletree Industrial Trust, ComfortDelGro, ST Engineering and LMIRT.
Hyflux: TMM makes claim for payment from Magtaa project
Arab Banking Corp. provided notice that the project company for Hyflux’s Magtaa desalination project made a claim under a contract-performance guarantee, Hyflux said Tuesday.
Hyflux: Creditor Maybank terminates collaboration deal
Hyflux said Friday creditor Maybank terminated its collaboration agreement with the troubled Singapore water infrastructure player with immediate effect.
Keppel reports 1Q19 net profit dropped 40 percent, missing CGS-CIMB forecast
Keppel reported Thursday 1Q19 net profit fell 40% on-year to S$203M on lower gains from en-bloc sales of residential projects, missing a CGS-CIMB forecast.
UPDATE: Singapore stocks to watch Thursday: SGX, BreadTalk, Keppel, Keppel REIT, Suntec REIT, Hyflux
These are Singapore companies which may be in focus on Thursday, 18 April 2019: SGX, BreadTalk, Keppel, Keppel REIT, Suntec REIT and Hyflux.
Keppel obtains around S$160 million in integration and upgrading contracts
Keppel said Wednesday it obtained contracts with a combined value of S$160 million from repeat customers for upgrading and integration works.
UPDATE: Singapore PUB to takeover Hyflux’s Tuaspring plant in 30 days
Singapore’s water regulator PUB said Wednesday it issued a notice to Hyflux’s Tuaspring Desalination Plant that it would take over the plant.
UPDATE: Sunpower says America 2030 Capital defamation complaint has no merit
HThis article was originally published on Wednesday, 17 April 2019 at 13:15 SGT; it has since been updated to include comment from America 2030 Capital….
UPDATE: Singapore stocks to watch Wednesday: MLT, SPH, Hi-P, Keppel-KBS US REIT, Cache Logistics
These are Singapore companies likely to be in focus on Wednesday, 16 April 2019: MLT, SPH, Hi-P, Keppel-KBS US REIT and Cache Logistics Trust.
Keppel gets notice to proceed with US$947 million contract from Gimi MS
Keppel said Wednesday it received final notice to proceed with full conversion works for the Gimi FLNG project from Gimi MS, in a contract worth US$947M.
UPDATE: Singapore stocks to watch Tuesday: Singapore Airlines, Keppel DC REIT, Keppel Infrastructure Trust
These are Singapore stocks which may be in focus on Tuesday, 16 April 2019: Singapore Airlines, Keppel DC REIT and Keppel infrastructure Trust.
Keppel Infrastructure consortium lands Jurong Island pipeline project
A consortium led by Keppel Infrastructure Holdings’ subsidiary Pipenet has obtained a S$52.5 million contract on Jurong Island, Keppel said on Tuesday.
Hyflux files suit against now jilted investor SM Investment
Hyflux said Monday it filed suit in Singapore’s High Court against SM Investments, claiming its now-jilted investor repudiated the restructuring deal.
Keppel Infrastructure Trust swings to 1Q19 loss amid Ixom acquisition costs
Keppel Infrastructure Trust reported Monday it swung to a 1Q19 loss attributable to unitholders of S$16.21M, from a year-earlier profit of S$7.50M.
TEE International plans to spin off infrastructure business in Catalist listing
TEE International said Monday it plans to spin off its infrastructure business into a listing on SGX’s Catalist board for smaller enterprises.
UPDATE: Singapore stocks to watch Monday: UIC, OUE, Yangzijiang, Keppel, Ezion, ST Engineering, Heeton
These are Singapore companies likely to be in focus on Monday, 15 April 2019: UIC, OUE, Yangzijiang, Keppel, Ezion and Yongnam.
Keppel completes first LNG cargo import under Singapore spot import policy
Keppel Gas said Monday it completed its first LNG cargo import under Singapore’s spot import policy, diversifying its suppliers to outside Southeast Asia.
Acquisition of Keppel T&T receives court approval
Singapore’s court approved on Friday Keppel Corp.’s proposed acquisition of the Keppel T&T shares it doesn’t already own, Keppel T&T said Friday.
Keppel says Stolt-Nielsen LNG carrier contracts have lapsed
Keppel said Friday that its wholly owned subsidiary Keppel Singmarine’s contracts with Stolt-Nielsen Gas to build two small-scale LNG carriers have lapsed.
UPDATE: Singapore stocks to watch Thursday: Genting Singapore, ThaiBev, Keppel, MLT, Indofood Agri
These are Singapore companies which may be in focus on Thursday, 11 April 2019: Genting Singapore, Thai Beverage, Keppel and Mapletree Logistics Trust.
TEE International reports fiscal 3Q net profit surged 89 percent
TEE International reported Wednesday its fiscal 3Q net profit surged 89.3 percent on-year to S$708,000 as revenue more than doubled.
Keppel delivers world’s first EU Stage V dredger to meet emission standards
Keppel said Wednesday it delivered the world’s first EU Stage V dredger, which will meet the EU’s stricter emission standards for inland waterway vessels.
S&P: Hyflux bond default may signal trouble ahead for Singapore bond market
Water infrastructure player Hyflux’s default could be the harbinger of more financial distress cases for the Singapore bond market, S&P said Monday.
Keppel Infrastructure Trust raises around S$501 million in equity fundraising
Keppel Infrastructure Trust said on Wednesday it raised S$500.8 million in an equity fundraising that included a placement and a preferential offering.