Straits Trading enters South Korea logistics facility JV and plans Australia expansion
Straits Trading said Thursday it entered a tie-up with IGIS to create a portfolio of modern logistics facilities around the Greater Seoul area.
Malaysia
CapitaLand sells 49 percent stake in UAE-based MCRE for S$101 million
CapitaLand transferred its entire 49 percent stake in MCRE to Five Square Properties for around S$100.9 million, the property developer said Tuesday.
UPDATE: Singapore stocks to watch Friday: Singtel, Frasers Property, FLT, CapitaLand, LMIRT, ESR
These are Singapore companies which may be in focus on Friday, 14 June 2019: Frasers Logistics Trust, CapitaLand, LMIR Trust, ESR and Chip Eng Seng.
Maybank IB: Malaysia banks’ 1Q19 results ‘somber’ as net interest margins drop
Malaysia’s banks posted lackluster 1Q19 earnings with more misses than hits, as net interest margins fell and capital markets slowed, Maybank IB said.
UPDATE: Singapore stocks to watch Thursday: Frasers Centrepoint Trust, CapitaLand, SGX, KIT
These are Singapore companies which may be in focus Thursday, 13 June 2019: Frasers Centrepoint Trust, CapitaLand, SGX, KIT and Bukit Sembawang.
CRCT expects to tack through trade war impact to its China malls
U.S.-China trade tensions may be knocking market sentiment, but despite the risks, CapitaLand Retail China Trust has added to its China mall portfolio.
CapitaLand to divest three China malls to CRCT for S$589 million
CapitaLand entered a deal to divest three China malls to CapitaLand Retail China Trust for CNY2.86 billion, or around S$589.2 million, the two said Tuesday.
Singapore share buybacks Monday: OCBC, Olam, JUMBO, Straits Trading
These are Singapore companies which announced share buybacks on Monday, 10 June 2019: OCBC, Olam, JUMBO and Straits Trading.
UPDATE: Singapore stocks to watch Monday: City Developments, Singapore Airlines, Oxley, SPH
These are Singapore companies which may be in focus on Monday, 10 June 2019: City Developments, Singapore Airlines, Oxley and SPH.
UPDATE: Singapore share buybacks Thursday: OCBC, Olam, JUMBO, Boustead Singapore, Straits Trading
These are Singapore companies which announced share buybacks on Thursday, 6 June 2019: OCBC, Olam, Boustead Singapore, JUMBO Group and Straits Trading.
UPDATE: Singapore stocks to watch Thursday: Cordlife, GIC, Singtel, ComfortDelGro, OUE, KIT
These are Singapore companies which may be in focus on Thursday, 6 June 2019: Cordlife, GIC, Singtel, ComfortDelGro, OUE and Keppel Infrastructure Trust.
Singapore share buybacks Tuesday: OCBC, Olam, SGX, Straits Trading
These are Singapore companies which announced share buybacks on Tuesday, 4 June 2019: OCBC, Olam, SGX and Straits Trading.
Singapore share buybacks Monday: DBS, OCBC, Olam, JUMBO, Keppel REIT
These are Singapore companies which announced share buybacks on Monday, 3 June 2019: DBS, OCBC, Olam, JUMBO, Keppel REIT and Straits Trading.
Maybank downgraded by RHB after 1Q19 results missed expectations
RHB downgraded Maybank to Neutral from Buy after its first quarter results missed expectations on higher provisions and subdued operations.
CapitaLand’s Funan Mall to re-open at end-June
The retail component of the Funan, owned by CapitaLand and CapitaLand Mall Trust, is set to re-open on 28 June, two months ahead of schedule.
Singapore share buybacks Friday: OCBC, Olam, JUMBO, China Sunsine, Straits Trading
These are Singapore companies which announced share buybacks on Friday, 31 May 2019: OCBC, Olam, JUMBO, China Sunsine Chemical and Straits Trading.
Singapore share buybacks Thursday: DBS, OCBC, China Sunsine Chemical, Straits Trading
These are Singapore companies which announced share buybacks on Thursday, 30 May 2019: DBS, OCBC, China Sunsine Chemical and Straits Trading.
Singapore share buybacks Wednesday: DBS, OCBC, Koufu, China Sunsine, Straits Trading
These are Singapore companies which announced share buybacks on Wednesday, 29 May 2019: Jardine Strategic, DBS, OCBC, Koufu and China Sunsine.
DBS: CapitaLand’s acquisition of Ascendas-Singbridge offers ‘myriad of positives’
CapitaLand’s acquisition of Ascendas-Singbridge, due to be completed by end-June, will herald a “new era of growth,” DBS said in a note Monday.
Singapore share buybacks Monday: OCBC, Kimly, China Sunsine, Straits Trading
These are Singapore companies which announced share buybacks on Monday, 27 May 2019: OCBC, Kimly, China Sunsine Chemical and Straits Trading.
Boustead Singapore reports fiscal 4Q net profit edged up 2 percent
Boustead Singapore reported Monday its fiscal 4Q net profit edged up 2% on-year to S$7.8M amid gross margin pressure, a higher impairment loss and expenses.
Nomura: Starbucks Thailand acquisition a positive for Thai Beverage
Fraser and Neave’s deal to acquire Starbucks Coffee (Thailand) via a joint venture is a positive for Thai Beverage, Nomura said in a note Friday.
CapitaLand to complete Ascendas-Singbridge acquisition by end-June
CapitaLand said Monday it’s set to complete its Ascendas-Singbridge acquisition by end-June, and will set up a business structure.
Fraser and Neave invests S$115 million into JVs for Starbucks Thailand deal
Fraser and Neave has injected around S$114.84 million into two JVs to facilitate the acquisition of Starbucks Thailand, the beverage maker said Friday.
Frasers Hospitality Trust taps Colin Low as new CEO
The managers of Frasers Hospitality Trust announced Friday that Colin Low will succeed Eu Chin Fen as CEO on 1 July.
