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.
Oil & Gas
UPDATE: Singapore stocks to watch Thursday: UOB, SembMarine, CapitaLand Commercial Trust, Qian Hu
These are Singapore companies which may be in focus on Thursday, 18 July 2019: UOB, SembMarine, CapitaLand Commercial Trust and Qian Hu.
SembMarine: Not aware of reasons for share price jump
Sembcorp Marine told SGX Thursday it wasn’t aware of any reason not previously announced to explain the jump in its share price Wednesday.
Yangzijiang completes acquisition of Odfjell Terminals China for US$46 million
Yangzijiang has completed the acquisition of Singapore-based Odfjell Terminals China Holding for US$46.23 million, the shipbuilder said Tuesday.
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 Land to acquire 60 percent stake in Ho Chi Minh City project
Keppel Land said Thursday it entered a deal to acquire a 60% interest in three land parcels in HCMC from Vietnamese developer Phu Long for around S$76M.
SembMarine filed suspicious transaction report over former Brazil subsidiary president
SembMarine said Monday it lodged a suspicious transaction report with the Singapore Police Force over the activities of the former president of its Brazilian subsidiary.
Sembcorp Marine: Brazil authorities execute search warrant on subsidiary
SembMarine said Wednesday Brazilian authorities executed a search warrant on a Brazilian subsidiary, Estaleiro Jurong Aracruz as part of a corruption probe.
Ezion revamps senior management team
Ezion Holdings said Friday it has reorganized its senior management team, effective Monday.
Keppel to acquire stakes in Prime US REIT and its manager
Keppel said Friday it agreed to acquire a 30 percent interest in KBS US Prime Property Management, the proposed manager of Prime US REIT, for US$21.6M.
UPDATE: Singapore stocks to watch Monday: Sembcorp Industries, SembMarine, Cromwell E-REIT, SIA
These are Singapore companies which may be in focus on Monday, 24 June 2019: Sembcorp Industries, SembMarine, Cromwell European REIT and SIA.
Sembcorp Industries to provide S$2 billion loan to Sembcorp Marine
Sembcorp Industries said Friday it agreed to provide Semcorp Marine with a loan of S$2 billion to strengthen the rig builder’s financial position.
Singapore share buybacks Friday: Keppel REIT, Olam, Stamford Land, KSH, Boustead
These are Singapore companies which announced share buybacks on Friday, 21 June 2019: Keppel REIT, Olam, Stamford Land, KSH Holdings and Boustead.
Keppel Land obtains first green loan for China commercial development project
Keppel Land China secured its first green loan facility for 850 million yuan to develop Seasons City phase one on the mainland, Keppel said Thursday.
Singapore share buybacks Wednesday: OCBC, Olam, Keppel REIT, Global Palm, Stamford Land
These are Singapore companies which announced share buybacks Wednesday, 19 June 2019: OCBC, Olam, Keppel REIT, Stamford Land and Global Palm Resources.
Singapore share buybacks Tuesday: OCBC, Olam, Boustead Singapore, Stamford Land
These are Singapore companies which announced share buybacks Tuesday, 18 June 2019: OCBC, Olam International, Boustead Singapore and Stamford Land.
Singapore share buybacks Monday: OCBC, Olam, Jardine Strategic, Stamford Land, Boustead Singapore
These are Singapore companies which announced share buybacks on Monday, 17 June 2019: OCBC, Olam, Stamford Land, Jardine Strategic and Boustead Singapore.
Singapore share buybacks Friday: Olam, Stamford Land, Boustead Singapore
These are Singapore companies which announced share buybacks on Friday, 14 June 2019: Olam, Stamford Land and Boustead Singapore.
UPDATE: Singapore share buybacks Thursday: OCBC, Olam, Jardine Strategic, Boustead Singapore
These are Singapore companies which announced share buybacks on Thursday, 13 June 2019: OCBC, Olam, Jardine Strategic and Boustead Singapore.
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.
Keppel enters deal to merge associate Floatel with Oslo-listed Prosafe
Keppel said Tuesday its associate Floatel entered an all-share agreement to merge with Prosafe in a deal that will give it an around 22 percent stake.
Keppel invests 14 million euros in data center operator Etix
Keppel Data Centres invested around 14 million euros (S$21.50 million or US$15.65 million) in data center developer and operator Etix Group’s series C funding, taking…
Swiber creditors approve restructuring proposal, a key step toward Seaspan investment
Creditors of Swiber Holdings approved Wednesday a restructuring proposal, marking a key step toward an equity investment from New York-listed Seaspan Corp.
UPDATE: Singapore stocks to watch Wednesday: Singtel, Frasers Property, Perennial, Accordia Golf Trust
These are Singapore companies which may be in focus on Wednesday, 28 May 2019: Singtel, Frasers Property, Perennial Real Estate and Accordia Golf Trust.
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.