Singapore companies which may be in focus on Friday, 6 Dec. 2019: Mapletree Logistics, Golden Agri, Singtel, Keppel and Lendlease Global Commercial REIT.
After the quarterly review, the STI will remove Golden Agri as a constituent and add Mapletree Logistics Trust, FTSE Russell said Thursday.
These are companies which may be in focus on Thursday, 5 Dec. 2019: Mapletree North Asia Commercial Trust, Keppel REIT, Sembcorp, F&N, SGX and Eagle H-Trust.
Mapletree North Asia Commercial Trust warned Wednesday its DPU for the six-month period ending 31 March was expected to be “significantly lower.”
Mapletree North Asia Commercial Trust said Wednesday it entered a deal to acquire 98.47 percent of two office properties in Greater Tokyo, Japan, for S$482.5M.
S&P Global Ratings has cut its long-term issuer credit rating on Genting Bhd. to BBB-plus from A-minus, the ratings agency said in a statement Wednesday.
Parkway Life REIT said Tuesday it has entered a deal to acquire three nursing rehabilitation facilities in Japan for 3.7B yen, or around S$46.3M.
Thakral said Tuesday its GemLife JV has entered a deal to acquire 46.4 hectares of land in Queensland, Australia, to develop a lifestyle resort.
These are Singapore companies which may be in focus on Monday, 2 Dec. 2019: ThaiBev, Lendlease Global Commercial REIT, DBS, Temasek, OCBC and No Signboard.
Accordia Golf Trust has received a non-binding proposal to divest all of its interests in its golf courses, the trust said in a filing to SGX Thursday.
These are Singapore companies which may be in focus on Wednesday, 27 November 2019: OCBC, SGX, Hyflux, ST Engineering, Mapletree Logistics Trust and JUMBO.
Moody’s Investors Service said Monday it changed its ratings outlook on Frasers Hospitality Trust to negative from stable.
Mapletree Logistics Trust obtained a S$200M sustainability-tied loan from OCBC, the trust’s first foray into sustainable financing, the trust said Thursday.
These are Singapore companies which may be in focus on Wednesday, 20 November 2019: Oxley, UEL, Ascott Residence Trust and Ascendas Hospitality Trust.
These are Singapore companies which may be in focus on Tuesday, 19 November 2019: MCT, Soilbuild Construction, OUE, Far East Orchard and Sheng Siong.
SPH said Thursday it entered a deal to acquire a German student accommodation property from Liberty Living (Galileo Residenz) for 15.56 million euros.
Accordia Golf Trust reported Wednesday its fiscal 2Q net profit surged 250.7% on-year to 1.22 billion yen on improved performance of the golf courses.
All it took was another rate cut: Economic growth expectations surged and risk-taking took off in November, according to the Bofa-ML fund managers survey.
Accordia Golf Trust reported Monday the number of players on its 88 courses in October dropped 9 percent on-year to 485,575.
Far East Orchard said Friday acquired two student accommodation properties in the U.K. for 66.5 million British pounds, or around S$115.7 million.
Genting Singapore reported Thursday its third quarter net profit dropped 24 percent on-year to S$158.87 million on higher depreciation costs.
Far East Orchard reported Tuesday its 3Q19 swung to a net loss of S$406,000 from a year-earlier net profit of S$564,000 as currency exchange losses widened.
Singapore Press Holdings said Tuesday it priced an offering of S$300 million subordinated perpetual securities at 4 percent.
The ECB’s decision to cut rates is a “game changer,” set to force the hand of the Fed, Markus Schomer, chief economist at PineBridge, said Monday.
These are Singapore companies which may be in focus Monday, 4 November 2019: Ascendas REIT, CityDev, IREIT, OCBC and Lendlease Global Commercial REIT.
These are Singapore companies which may be in focus on Friday, 1 November 2019: Keppel, Yangzijiang, Ascott Residence Trust, AA REIT, Hi-P and Sabana REIT.
Parkway Life REIT reported Thursday its 3Q19 net property income rose 3.9% on-year to S$27.55 million, mainly on higher rent from the Singapore properties.
Frasers Hospitality Trust reported Wednesday its fiscal 4Q net property income rose 2.3% on-year to S$30M despite the impact of weaker overseas currencies.
Starhill Global REIT reported Tuesday its fiscal 1Q anet property income dropped 8.7 percent on-year to S$36.9 million. The results missed a Daiwa forecast.
Ascendas Hospitality Trust reported Tuesday its fiscal 2Q net property income rose 3.5% on-year to S$21.2M on the acquisitions of hotels in Japan and Seoul.
Genting Singapore’s stock should trend up as Japan’s bidding process for gaming concessions heads toward a conclusion next year, UOB KayHian said Friday.
Mapletree Logistics Trust said Wednesday its private placement of 154.61M new units met with strong demand and priced at the top of its indicative range.
These are companies which may be in focus in Singapore on Tuesday, 22 October 2019: Temasek, Keppel, SembMarine, ST Engineering, OCBC, Singtel and CapitaLand Mall Trust.
Mapletree Logistics Trust launched a private placement of 154.61 million to 158.33 million new units to raise around S$250 million, the REIT said Tuesday.
Mapletree Logistics Trust reported Monday its fiscal 2Q net property income rose 21% on-year to S$109.13M, coming in slightly ahead of a Daiwa forecast.
Mapletree Logistics Trust said Monday it plans to acquire seven logistics properties across Malaysia, Vietnam and China for around S$383.9 million.
These are Singapore companies which may be in focus on Monday, 21 October 2019: AIMS APAC REIT and Ho Bee Land.
SPH said Thursday it would cut 5% of its media staff in a restructuring which includes changes to ad sales practices and content sharing across titles and platforms.
SPH reported Thursday its full FY net profit dropped 23.4% on-year to S$213.21 million, mainly on the absence of a year-ago one-off gain from a divestment.
Accordia Golf Trust said Wednesday three of its golf courses were closed in the wake of Typhoon Hagibis, which caused heavy rain and flash flooding.