Keppel DC REIT plans to raise around S$474 million in equity fundraising
Keppel DC REIT said Monday plans to raise around S$473.8 million via an equity fundraising to finance the proposed acquisitions of two data centers.
infrastructure
UPDATE: Keppel DC REIT to acquire two Singapore data centers for around S$585 million
Keppel DC REIT entered deals to acquire two data centers in Singapore for a total of around S$585.1 million, the companies said in filings to SGX Monday.
TEE International: CEO received offer to buy his shares; brokerages force-sell some shares
TEE International said Friday its CEO and managing director, Phua Chian Kin, has informed the company he received offers to buy the shares he holds.
TEE International appoints investigator to probe unauthorized remittances
TEE International said Friday it appointed PricewaterhouseCoopers Risk Services as its external investigator to probe unauthorized remittances.
UPDATE: Singapore stocks to watch Friday: CityDev, GuocoLand, Cromwell European REIT, CapitaLand, Sakae, SGX
Singapore companies which may be in focus on Friday, 12 September 2019: GuocoLand, Cromwell European REIT, CapitaLand, TEE International, SGX and Sakae.
Sembcorp enters long-term solar deal for UBS’s Singapore offices
Sembcorp entered a deal to provide locally-sourced renewable power for UBS’s Singapore offices over the next 10 years, the two companies said Thursday.
Sunpower lands nearly 56 million yuan in contracts from Sinopec
Sunpower said Wednesday it landed 55.7 million yuan of manufacturing and services contracts from repeat customer Sinopec Group.
Singapore stocks to watch Wednesday: Olam, Keppel, Starhill Global REIT, Isetan, Accordia Golf
These are Singapore companies which may be in focus on Wednesday, 11 September 2019: Olam, Starhill Global REIT, Isetan Singapore, Keppel and Accordia Golf.
UPDATE: Singapore stocks to watch Tuesday: SGX, SPH, CapitaLand, Keppel, Frasers Logistics, Wing Tai
These are Singapore companies which may be in focus Tuesday, 10 September 2019: SGX, SPH, CapitaLand, Keppel, Frasers Logistics Trust and Wing Tai.
UPDATE: Singapore stocks to watch Monday: Keppel Pacific Oak, Frasers Centrepoint, Sembcorp, TEE
These are Singapore companies which may be in focus on Monday, 9 Sept 2019: Keppel Pacific Oak US REIT, Frasers Centrepoint Trust, Sembcorp and Singtel.
UPDATE: TEE International to appoint external investigator to probe undisclosed payments
TEE International said Saturday it will appoint an external third-party investigator to examine undislosed payments of around S$13.1 million.
Mapletree Commercial Trust added to Straits Times Index
Mapletree Commercial Trust will be added to the STI, while Hutchison Port Holdings Trust will be removed, FTSE Russell, SGX and SPH said Thursday.
ESR-REIT leases space at 8 Tuas Lane, lowering dependence on Hyflux tenancy
ESR-REIT said Thursday it has leased around 168,846 square feet of space at 8 Tuas South Lane in a deal lessening the REIT’s dependence on troubled Hyflux.
TEE International: Discovered undisclosed payments to related parties
TEE International said Wednesday it has identified payments of around S$13.1 million made to related parties and company subsidiaries which weren’t disclosed to the board and/or executive committee.
UPDATE: Singapore stocks to watch Wednesday: OUE C-REIT, Cache Logistics, FLT, BreadTalk, Sasseur REIT
These are Singapore companies which may be in focus on Wednesday, 4 September 2019: Cache Logistics Trust, FLT, BreadTalk and TEE International.
Sunpower enters China joint venture with Xuzhou Shengtonghe Heat
Sunpower entered a joint venture with Xuzhou Shengtonghe Heat for supplying heat and electricity to businesses, the Singapore-listed company said Monday.
Keppel Land China to acquire Beijing commercial property for 179 million yuan
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.
UPDATE: Singapore stocks to watch Thursday: OUE, Citic Envirotech, CRCT, Silverlake Axis, Hyflux
Singapore companies which may be in focus on Thursday, 29 August 2019: OUE, Citic Envirotech, CRCT, Silverlake Axis and Starhill Global REIT.
Hyflux says still finalizing agreement for Utico investment
Hyflux indicated late Wednesday it hasn’t signed a definitive agreement with Utico for an investment, pending resolution on some outstanding issues.
Citic Envirotech lands two projects in Sichuan Province
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 lands projects in Jiangsu and Shandong
China Everbright Water said Tuesday it signed two waste-water treatment projects, one in Shandong Province and the other in Jiangsu Province.
Utico says it signed deal to invest in Hyflux
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’s interconnector to be offline until mid-October
Basslink, which is part of Keppel Infrastructure Trust’s portfolio, said Monday its interconnector would likely be offline until mid-October.
Sunpower lands 66 million yuan in contracts with PSS Netherlands
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.
UPDATE: Singapore stocks to watch Monday: Yangzijiang, SPH REIT, Silverlake, UOL, Far East Orchard
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 lands S$100 million oil and gas contract in Europe
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 Land China enters JV for development in Nanjing
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.
Singapore share buybacks Monday: Keppel, Stamford Land, Hong Fok, Cheung Woh Tech
These are Singapore companies which announced share buybacks on Monday, 19 August 2019: Keppel, Stamford Land, Hong Fok and Cheung Woh Tech.
Hyflux: To negotiate exclusively with potential investor Utico FZC
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 share buybacks Friday: Yangzijiang, Keppel, Boustead, Stamford Land
Singapore companies announcing share buybacks Friday, 16 August 2019; Yangzijiang, Stamford Land, Keppel, Boustead Singapore and Global Investments.
Singapore share buybacks Thursday: Yangzijiang, ST Engineering, Stamford Land, Keppel
These are Singapore companies which announced share buybacks on Thursday, 15 August 2019: Yangzijiang, ST Engineering Stamford Land and Keppel Corp.
Sunpower’s 2Q19 net profit jumped 85 percent
Sunpower Group reported Wednesday its 2Q19 net profit, excluding the impact of its convertible bonds, jumped 106.3 percent to 52.48 million yuan.
Singapore share buybacks Wednesday: ST Engineering, Stamford Land, Boustead
These are Singapore companies which announced share buybacks on Wednesday, 14 August 2019: ST Engineering, Stamford Land and Boustead.
Sembcorp Industries reports 2Q19 net profit rose 20 percent
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 reports 1H19 net profit rose 13 percent
China Everbright Water reported Tuesday its 1H19 net profit rose 13% on-year to HK$420.49M on more higher margin projects.
UPDATE: Singapore stocks to watch Tuesday: Yangzijiang, StarHub, Venture, SGX, Ezion, Noble, SBS Transit
These are Singapore companies which may be in focus on Tuesday, 13 August 2019: Yangzijiang, StarHub, Venture, Noble and No Signboard.
SBS Transit posts 2Q19 net profit increased 25 percent
SBS Transit reported Thursday its 2Q19 net profit rose 24.5% on-year to S$24.19M on higher revenue and lower premises costs.
Keppel to develop data center in Sydney, Australia
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, Cache Logistics complete rooftop solar project installation
Sembcorp’s installation of a rooftop solar farm on three of Cache Logistics Trust’s properties has been completed, the two companies said Friday.
UPDATE: Daiwa: Temasek could push SembMarine and Keppel O&M to merge
Daiwa said a “persistent lack of new orders” could spur a consolidation between SembMarine and peer, Keppel O&M, driven by common shareholder, Temasek.