Singapore budget 2019: These are the big losers from foreign worker changes
Singapore’s 2019 budget will have some clear losers: Labor-intensive service industries, such as retail, hospitality and food and beverage.
Retail
UPDATE: Singapore stocks to watch Tuesday: Sasseur REIT, Citic Envirotech, Frasers Property, Spackman
These are Singapore companies which may be in focus on Tuesday, 18 February 2019: Sasseur REIT, Citic Envirotech, Frasers Property and Spackman.
Sasseur REIT’s 4Q18 distribution per unit beat IPO forecasts
Sasseur REIT reported on Monday its 4Q18 DPU was 1.999 Singapore cents, 28.1 percent above the forecast from its IPO prospectus for 1.561 Singapore cents.
UPDATE: Singapore stocks to watch Monday: DBS, Frasers Property, M1, Hyflux, DeClout, Procurri
These are Singapore companies which may be in focus on Monday, 18 February 2019: DBS, M1, Hyflux, DeClout, Procurri, JUMBO and Spackman.
JUMBO enters joint venture to open JUMBO Seafood outlets in South Korea
Iconic Singapore chili crab restaurateur JUMBO Group entered a joint venture to introduce JUMBO Seafood outlets in South Korea, it said Friday.
UPDATE: Singapore stocks to watch Friday: Singapore Airlines, ThaiBev, StarHub, Creative, Old Chang Kee
This article was originally published on Thursday, 14 February 2019, at 23:09 SGT; it has since been updated to add Cromwell European REIT. These are…
Old Chang Kee reports fiscal 3Q profit rose 25 percent amid higher retail revenue
Iconic Singapore curry puff maker Old Chang Kee reported Thursday fiscal 3Q profit after tax increased 24.6% on-year on higher revenue from retail outlets.
UPDATE: Singapore stocks to watch Thursday: Singtel, ComfortDelGro, SATS, JUMBO, Accordia Golf
These are Singapore companies which may be in focus on Thursday, 13 February 2019: Singtel, ComfortDelGro, SATS, JUMBO and Accordia Golf Trust.
Chili crab restaurateur JUMBO reports fiscal 1Q net profit rose 16 percent
Iconic Singapore chili crab restaurateur JUMBO Group reported on Wednesday its fiscal first quarter net profit rose 15.7 percent on-year to S$2.43 million.
UPDATE: Singapore stocks to watch Wednesday: HPHT, Frasers Property, SGX, Kimly, Perennial, FEHT
These are Singapore companies which may be in focus on Wednesday, 13 February 2019: HPHT, Frasers Property, SGX, Kimly, FEHT and Perennial.
Yoma Strategic reports fiscal 3Q swings to net loss amid higher finance costs
Yoma Strategic reported Wednesday a fiscal 3Q net loss of S$5.2M, swinging from a year-earlier net profit amid higher expenses for its new businesses.
UPDATE: Singapore stocks to watch Tuesday: Mapletree Industrial, CapitaLand Mall Trust, M1, Hyflux, Sakae
These are Singapore companies which may be in focus on Tuesday, 12 February 2019: Mapletree Industrial Trust, CapitaLand Mall Trust, M1, Hyflux and Sakae.
Sushi restaurateur Sakae reports fiscal 2Q loss amid moves to ‘streamline’ operations
Sushi restaurateur Sakae Holdings reported on Monday a fiscal second quarter net loss of S$545,000, swinging from a year-ago net profit of S$99,000 amid efforts to “streamline” operations.
CapitaLand Mall Trust issues S$100 million fixed rate notes due 2026
CapitaLand Mall Trust’s wholly owned subsidiary CMT MTN issued S$100 million of fixed rate notes due 11 February 2026 to institutional and/or sophisticated investors, it…
UPDATE: Singapore stocks to watch Monday: Manulife US REIT, SIA Engineering, Ascendas REIT, No Signboard, Creative
These are Singapore companies which may be in focus Monday, 11 February 2019: SIA Engineering, Manulife US REIT, Ascendas REIT, No Signboard and Creative.
Yoma Strategic to acquire 65 percent stake in Myanmar restaurant chain YKKO
Yoma Strategic plans to acquire a 65 percent stake in Yankin Kyay Oh Group (YKKO), one of Myanmar’s largest restaurant chains, for around S$17.08 million, it said Monday.
Courts Asia reports fiscal 3Q net loss of S$171,000 on lower service charge income
Home appliance and furniture retailer Courts Asia reported on Saturday a fiscal third quarter net loss of S$171,000, swinging from a year-earlier net profit of S$3.51 million amid a drop in service charge income.
No Signboard won’t have to bear cost of erroneous share buyback
Iconic Singapore chili crab restaurateur No Signboard Holdings said on Friday that the company won’t bear the costs of its mishandled share buyback in late January.
UPDATE: Singapore stocks to watch Friday: Keppel, Global Palm, Cromwell European REIT, CRCT
These are Singapore stocks which may be in focus on Friday, 8 February 2019: Keppel Corp., Singapore Post, Global Palm, Cromwell European REIT and CRCT.
UPDATE: Singapore share buybacks Thursday: Singapore Post, Japan Foods, SingHaiyi
These are Singapore companies which announced share buybacks on Thursday, 7 February 2019: Singapore Post, SingHaiyi Group and Japan Foods.
UPDATE: Singapore stocks to watch Monday: CapitaLand, No Signboard, DeClout, Hyflux, Noble, Courts Asia
These are Singapore stocks which may be in focus on Monday, 4 February 2019: CapitaLand, No Signboard, ST Engineering, DeClout, Hyflux and Noble.
No Signboard attributes share price surge to mishandled share buyback
Iconic Singapore chili crab restaurateur No Signboard Holdings attributed the surge in its share price last week to a mishandled share buyback by the company,…
Y Ventures: Board believes no fraud involved in erroneous accounting
Y Ventures said on Friday its board believed there was no fraud involved in the erroneous accounting that led to it restating its first-half results…
No Signboard fiscal 1Q loss widens on temporary outlet closure, lower customer spending
Iconic Singapore chili crab restaurateur No Signboard Holdings reported Friday its fiscal 1Q net loss widened as one seafood outlet was closed for a month.
UPDATE: CapitaLand Retail China Trust to acquire new Inner Mongolia mall and divest CapitaMall Saihan
CRCT will acquire a property under development in Yuquan District, Inner Mongolia, and it will divest CapitalMall Saihan in a bundle deal.
