Keppel Land China entered a deal to acquire Beijing Shunxiangren Enterprise Management for 178.6 million yuan, or around S$35.1 million, Keppel said Monday.
Singapore companies which may be in focus on Thursday, 29 August 2019: OUE, Citic Envirotech, CRCT, Silverlake Axis and Starhill Global REIT.
Hyflux indicated late Wednesday it hasn’t signed a definitive agreement with Utico for an investment, pending resolution on some outstanding issues.
Citic Envirotech said Wednesday it secured two build-own-transfer projects in Sichuan Province, with a total investment value of 1.69 billion yuan.
China Everbright Water said Tuesday it signed two waste-water treatment projects, one in Shandong Province and the other in Jiangsu Province.
U.A.E.-based infrastructure player Utico FZC said early Tuesday it signed a restructuring agreement to take an 88 percent stake in troubled Hyflux.
Basslink, which is part of Keppel Infrastructure Trust’s portfolio, said Monday its interconnector would likely be offline until mid-October.
Sunpower obtained CNY65.5M of manufacturing and services contracts with PSS Netherlands B.V., the Singapore-listed company said in a filing to SGX Monday.
These are Singapore companies which may be in focus on Monday, 26 August 2019: Yangzijiang, SPH REIT, Silverlake Axis, UOL, Far East Orchard and SATS.
Boustead Singapore has landed a contract valued from the oil and gas sector for around S$100 million, the Singapore-listed company said Thursday.
Keppel said Wednesday it’s entering a JV with Yincheng and Jiangsu Aidi to acquire a residential and commercial mixed-use development site in Nanjing.
These are Singapore companies which announced share buybacks on Monday, 19 August 2019: Keppel, Stamford Land, Hong Fok and Cheung Woh Tech.
Hyflux said Friday it will negotiate exclusively with Utico FZC until the developer’s 26 August deadline to reach a definitive agreement for an investment.
Singapore companies announcing share buybacks Friday, 16 August 2019; Yangzijiang, Stamford Land, Keppel, Boustead Singapore and Global Investments.
These are Singapore companies which announced share buybacks on Thursday, 15 August 2019: Yangzijiang, ST Engineering Stamford Land and Keppel Corp.
Sunpower Group reported Wednesday its 2Q19 net profit, excluding the impact of its convertible bonds, jumped 106.3 percent to 52.48 million yuan.
These are Singapore companies which announced share buybacks on Wednesday, 14 August 2019: ST Engineering, Stamford Land and Boustead.
Sembcorp Industries reported Wednesday its second quarter net profit rose 20 percent on-year to S$98 million, supported by the energy business.
China Everbright Water reported Tuesday its 1H19 net profit rose 13% on-year to HK$420.49M on more higher margin projects.
These are Singapore companies which may be in focus on Tuesday, 13 August 2019: Yangzijiang, StarHub, Venture, Noble and No Signboard.
SBS Transit reported Thursday its 2Q19 net profit rose 24.5% on-year to S$24.19M on higher revenue and lower premises costs.
The Alpha Data Centre Fund, managed by Alpha Investment Partners, acquired a plot of land in Sydney to develop a data center, Keppel said Monday.
Sembcorp’s installation of a rooftop solar farm on three of Cache Logistics Trust’s properties has been completed, the two companies said Friday.
Daiwa said a “persistent lack of new orders” could spur a consolidation between SembMarine and peer, Keppel O&M, driven by common shareholder, Temasek.
These are Singapore stocks which may be in focus on Thursday, 1 August 2019: SIA, SGX, Hyflux, Singtel, Stamford Land, No Signboard and Soilbuild.
These are Singapore companies which announced share buybacks on Wednesday, 31 July 2019: SPH, Keppel REIT, Boustead Singapore and Japfa.
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.
These are Singapore companies which announced buybacks on Tuesday, 30 July 2019: Keppel REIT, Boustead Singapore, Straits Trading and Singapore Shipping.
These are Singapore companies which may be in focus on Monday, 29 July 2019: SIA Engineering, FLT, Stamford Land, UOL, Keppel and Fortune REIT.
Sunpower said Thursday it obtained a more than 30 million yuan contract from new customer Fujian Gulei Petrochemical for manufacturing and services.
Citic Envirotech reported Wednesday its 2Q19 net profit dropped 65.6% on-year to S$14.99 million as engineering revenue and membrane system sales fell.
Sunpower said Wednesday it entered a deal to acquire 90 percent of steam and electricity supplier Changshu Suyuan Thermal Power for around 320 million yuan.
HPHT reported Wednesday its second quarter net profit fell 19.7 percent on-year to HK$136.5 million amid a hit from the ongoing U.S.-China trade war.
These are Singapore companies which may be in focus on Wednesday, 24 July 2019: Mapletree Industrial Trust, Frasers Centrepoint Trust, Sembcorp and Venture.
Analysts weigh in on Keppel’s second quarter earnings report.
Keppel reported Thursday its second quarter net profit dropped 39 percent on-year to S$153 million on the absence of year-ago en bloc property sales.
Hyflux said Wednesday it sought clarification from Utico after media reports emerged with conflicting valuations for the UAE-based company’s investment.
Keppel said Tuesday it obtained contracts worth around S$130 million from repeat customers for a newbuild dredger and to modify an FPSO vessel.
Keppel Infrastructure Trust reported Monday it swung to a 2Q19 net profit of S$8.30M from a year-ago loss as its Ixom acquisition began to contribute.
A JV between Koh Brothers Eco and China Harbour (Singapore) Engineering has obtained a S$668.2M contract from PUB, the Singapore company said Monday.