Singapore stocks to watch Friday: Keppel, SATS, ThaiBev, OCBC, Prime US REIT
These are Singapore companies which may be in focus on Friday, 19 July 2019: Keppel, SATS, Thai Beverage, OCBC, Prime US REIT and AA REIT.
Myanmar
Pernod Ricard completes deal to take stake in Yoma whisky JV
Pernod Ricard completed a deal to take a 34% stake in Seagram MM Holdings, a JV between Yoma, the Win brothers and Delta Capital Myanmar, Yoma said Sunday.
UPDATE: Singapore stocks to watch Monday: ThaiBev, Singtel, CapitaLand, Frasers Hospitality, Sunpower
These are Singapore companies which may be in focus on Monday, 8 July 2019: ThaiBev, Singtel, CapitaLand, Frasers Hospitality Trust and Sunpower.
Singapore stocks to watch Thursday: Olam, F&N, Soilbuild REIT, Chip Eng Seng
These are Singapore companies which may be in focus on Thursday, 3 July 2019: Olam International, F&N, Soilbuild REIT and Chip Eng Seng.
Thai Beverage downgraded by Daiwa amid Thailand economic slowdown
Daiwa downgraded Thai Beverage to Hold from Outperform, pointing to the Bank of Thailand’s forecast last week for the country’s economic growth to slow.
Thai Beverage acquires coffee bean processor Dongguan LiTeng
Thai Beverage’s indirect subsidiary, AIB (GD), has acquired all of LiTeng Foods, a China-based coffee bean processor, the Chang beer maker said Tuesday.
Singapore share buybacks Wednesday: OCBC, Olam, Japfa, Stamford Land, Global Palm
These are Singapore companies which announced share buybacks Wednesday, 26 June 2019: OCBC, Olam, Japfa, Stamford Land and Global Palm Resources.
UPDATE: Singapore stocks to watch Friday: UOB, Cromwell E-REIT, Keppel, Thai Beverage, Wing Tai, Straits Trading
These are Singapore companies which may be in focus Friday, 21 June 2019: UOB, Cromwell European REIT, Keppel, Thai Beverage, Wing Tai and Straits Trading.
RHB: Thai Beverage set to outperform other Singapore consumer plays
RHB tipped Thai Beverage as one of its top picks among Singapore’s listed consumer plays amid an upbeat outlook for Thailand’s beer consumption.
Yoma Strategic reports fiscal 4Q net profit surged by 20 times on fair value gains, KFC expansion
Yoma Strategic reported Wednesday its fiscal 4Q net profit surged by 20 times to US$26.1M, on fair value gains in real-estate services and more KFC outlets.
Perennial enters joint venture to build Myanmar mixed-use project
Perennial Real Estate entered a joint venture to build a mixed-use project in Mandalay, Myanmar, the Singapore company said in a filing to SGX Tuesday.
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.
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.
Singapore share buybacks Thursday: DBS, OCBC, Japfa, China Sunsine
These are Singapore companies which announced share buybacks on Thursday, 23 May 2019: DBS, OCBC, Japfa and China Sunsine Chemical.
Fraser and Neave ties up with Maxim’s to acquire Starbucks Thailand
F&N said Thursday it tied up with Maxim’s Caterers to acquire Starbucks Coffee (Thailand) in a move to enter Thailand’s retail coffee market.
DBS: Thai Beverage’s recovery is on track
DBS said it was sticking with its Buy call on Thai Beverage despite its shares’ strong rally and despite a drop in second quarter net profit.
Thai Beverage downgraded by OCBC on ‘more muted’ spirits outlook
OCBC downgraded Thai Beverage to Hold from Buy after the stock runup and pointed to “tempered” expectations for the spirits business.
Singapore share buybacks Friday: Kimly, Japfa
These are Singapore companies which announced share buybacks on Friday, 10 May 2019: Kimly and Japfa.
Thai Beverage reports fiscal 2Q net profit fell around 9 percent
Thai Beverage reported Friday its fiscal 2Q net profit fell 8.6% to 6.76B Thai baht on lower net profit from the spirits, food and F&N/FPL businesses.
Singapore share buybacks Thursday: Keppel REIT, Kimly, Japfa
These are Singapore companies which announced share buybacks on Thursday, 9 May 2019: Keppel REIT, Japfa and Kimly.
UPDATE: Singapore stocks to watch Thursday: CapitaLand, SIA, SATS, Creative, Ho Bee Land, JUMBO
These are Singapore companies which may be in focus on Thursday, 2 May 2019: CapitaLand, SIA, SATS, Creative Technology and JUMBO.
Tokyo Century to take 20 percent stake in Yoma Fleet
Japanese leasing company Tokyo Century will acquire a 20% stake in Yoma Strategic’s subsidiary Yoma Fleet for US$26.6 million, the companies said Monday.
UPDATE: Singapore stocks to watch Thursday: SGX, BreadTalk, Keppel, Keppel REIT, Suntec REIT, Hyflux
These are Singapore companies which may be in focus on Thursday, 18 April 2019: SGX, BreadTalk, Keppel, Keppel REIT, Suntec REIT and Hyflux.
UPDATE: Singapore stocks to watch Friday: Ezion, Accordia Golf Trust, JUMBO, Aspial, Koufu
These are Singapore companies which may be in focus on Friday, 12 April 2019: Ezion, Accordia Golf Trust, JUMBO Group and ValueMax.
Singapore Myanmar to sell telecom towers and leases to Irrawaddy Green Towers at a loss
Singapore Myanmar Investco said Friday it entered a deal to sell all of its telecom towers and tower leases in Myanmar to Irawaddy Green Towers at a loss.