UPDATE: Singapore share buybacks Thursday: OCBC, Olam, Keppel REIT, Stamford Land, KSH
These are Singapore companies which announced share buybacks on Thursday, 20 June 2019: OCBC, Keppel REIT, Olam, KSH Holdings and Stamford Land.
REITs
Fortune REIT intends to delist from SGX
Fortune REIT intends to delist its secondary listing on the SGX while remaining listed in Hong Kong, the REIT’s manager said in a filing to SGX Wednesday.
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 stocks to watch Wednesday: Fund manager survey, Sembcorp, SGX, CapitaLand, Hyflux
These are Singapore companies which may be in focus Wednesday, 19 June 2019: BofA-ML fund manager survey, Sembcorp Industries, SGX, CapitaLand and Hyflux.
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.
Keppel Infrastructure Trust plans S$100 million perpetual security issu
Keppel Infrastructure Trust proposed Tuesday issuing a second tranche of S$100 million 4.75 percent subordinated perpetual securities.
ARA US Hospitality Trust started at Buy by UOB KayHian
UOB KayHian started ARA US Hospitality Trust at Buy with a target price of US$1.15, pointing to its higher-margin niche of upscale select-service hotels.
UPDATE: Singapore stocks to watch Tuesday: SIA, Sembcorp, Singtel, ESR-REIT, property, Keppel-KBS US REIT
These are Singapore companies which may be in focus Tuesday, 18 June 2019: Singapore Airlines, Sembcorp Industries, Singtel, ESR-REIT and Singapore property.
ESR-REIT sets price for private placement at bottom of range
ESR-REIT said Tuesday it set the price for its private placement at S$0.515, the bottom of the S$0.515 to S$0.525 range, after a book-building process.
ESR-REIT plans asset enhancement and expansion at two properties
ESR-REIT said Monday it plans S$45.7 million of asset enhancement initiatives (AEIs) for two existing properties, including plans to build a new facility.
ESR-REIT launches equity fundraising to raise up to around S$150 million
ESR-REIT said Monday it launched an equity fundraising, including a private placement and a preferential offering, to raise up to around S$150 million.
ESR-REIT enters joint venture with PTC to acquire Pandan Road property
ESR-REIT said Monday it entered a joint venture with Poh Tiong Choon Logistics (PTC) to acquire a property at 48 Pandan Road for S$225 million.
UPDATE: Singapore stocks to watch Monday: Indofood Agri, SGX, Ascendas India Trust, BreadTalk, Hyflux
These are Singapore companies which may be in focus on Monday, 17 June 2019: Indofood Agri, SGX, Ascendas India Trust and BreadTalk.
Ascendas India Trust to acquire BlueRidge 3 project
Ascendas India Trust said Friday it entered a deal to acquire BlueRidge 3, an IT/ITES special economic zone development located at Hinjewadi, Pune.
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.
Frasers Logistics Trust enters deal to divest 50 percent of Queensland property for A$134 million
Frasers Logistics & Industrial Trust said Thursday it entered a deal to divest 50% of a Queensland property to an entity managed by DWS for A$134.2M.
LMIR Trust prices US$250 million five-year bond offering
LMIR Trust said Thursday it priced a US$250M five-year bond offering at 7.25%, in Asia’s first U.S. dollar high-yield bond issued by a REIT.
CRCT downgraded to Sell by OCBC on ‘short-term pain’ from China mall buys
OCBC downgraded CapitaLand Retail China Trust to Sell, saying the planned acquisition of three malls in China offered “long-term gain, but short-term pain.”
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.
Frasers Centrepoint Trust preferential offering meets solid demand
Frasers Centrepoint Trust said Wednesday its preferential offering of new units received valid acceptances and excess applications for 196.9% of the total.
UPDATE: Singapore stocks to watch Wednesday: Temasek, Sembcorp, Gallant, OCBC, UOB, OUE
These are Singapore companies which may be in focus on Wednesday, 11 June 2019: Temasek, Sembcorp, Gallant, OUE, China Jinjiang Environment, OCBC and UOB.
OUE: Majority of holders S$150 million 3 percent bonds tender for redemption
Around 89.67% of OUE’s S$150M 3.0% exchangeable bonds due 2023, or S$134.5M worth, were tendered for redemption, the property developer said Wednesday.
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.
UPDATE: Singapore stocks to watch Tuesday: SGX, Kingsmen Creatives, Ascendas REIT, Accordia Golf
These are Singapore companies which may be in focus on Tuesday, 11 June 2019: CapitaLand, CRCT, SGX, Kingsmen Creatives, Ascendas REIT and Accordia Golf.
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.
