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.
infrastructure
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.
UPDATE: Singapore stocks to watch Thursday: SIA, SGX, Singtel, Hyflux, Stamford Land, No Signboard
These are Singapore stocks which may be in focus on Thursday, 1 August 2019: SIA, SGX, Hyflux, Singtel, Stamford Land, No Signboard and Soilbuild.
Singapore share buybacks Wednesday: SPH, Keppel REIT, Boustead, Japfa, Singapore Shipping
These are Singapore companies which announced share buybacks on Wednesday, 31 July 2019: SPH, Keppel REIT, Boustead Singapore and Japfa.
UPDATE: Singapore stocks to watch Wednesday: CRCT, Frasers Hospitality Trust, CapitaLand, Starhill Global REIT
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.
Singapore share buybacks Tuesday: Keppel REIT, Boustead, Straits Trading, Singapore Shipping
These are Singapore companies which announced buybacks on Tuesday, 30 July 2019: Keppel REIT, Boustead Singapore, Straits Trading and Singapore Shipping.
UPDATE: Singapore stocks to watch Monday: DBS, CapitaLand, SIA Engineering, FLT, Stamford Land
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 lands more than 30 million yuan contract from Fujian Gulei Petrochemical
Sunpower said Thursday it obtained a more than 30 million yuan contract from new customer Fujian Gulei Petrochemical for manufacturing and services.
Citic Envirotech reports 2Q19 net profit dropped 66 percent
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 in deal to acquire 90 percent of Changshu Suyuan Thermal Power
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.
Hutchison Port Holdings Trust reports 2Q19 net profit fell 20 percent
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.
UPDATE: Singapore stocks to watch Wednesday: MINT, Frasers Centrepoint, Sembcorp, Venture
These are Singapore companies which may be in focus on Wednesday, 24 July 2019: Mapletree Industrial Trust, Frasers Centrepoint Trust, Sembcorp and Venture.
Analyst briefings: Keppel 2Q19 earnings
Analysts weigh in on Keppel’s second quarter earnings report.
UPDATE: Keppel Corp reports 2Q19 net profit dropped 39 percent on year-ago en bloc sales
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 clarifies size of potential investment from Utico
Hyflux said Wednesday it sought clarification from Utico after media reports emerged with conflicting valuations for the UAE-based company’s investment.
Keppel lands S$130 million in contracts from repeat customers
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 2Q19 swings to net profit from year-ago loss
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.
Koh Brothers Eco JV lands S$668 million contract for Tuas Water Reclamation Plant
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.