Sasseur REIT gains inclusion to FTSE EPRA Nareit Global Emerging Index
Sasseur REIT has gained inclusion in the FTSE EPRA Nareit Global Emerging Index, effective 23 December, the Chinese outlet mall REIT said Friday.
Retail
SPH REIT enters A$205 million loan facility with Westpac
SPH REIT has entered a A$205 million, or around S$194.8 million, loan facility with Westpac Banking, the REIT said in a filing to SGX Thursday.
BlackRock’s stake in Lendlease Global Commercial REIT falls
BlackRock said Thursday it ceased to be a substantial unitholder of Lendlease Global Commercial REIT, with its deemed interest falling to 4.97 percent.
Singapore stocks to watch Thursday: Mapletree North Asia, Keppel REIT, Sembcorp, F&N, SGX, Eagle H-Trust
These are companies which may be in focus on Thursday, 5 Dec. 2019: Mapletree North Asia Commercial Trust, Keppel REIT, Sembcorp, F&N, SGX and Eagle H-Trust.
S&P cuts rating on Genting and Resorts World Las Vegas
S&P Global Ratings has cut its long-term issuer credit rating on Genting Bhd. to BBB-plus from A-minus, the ratings agency said in a statement Wednesday.
Singapore stocks to watch Wednesday: Parkway Life REIT, Thakral, China Jinjiang Environment, Halcyon Agri
These are Singapore companies which may be in focus on Wednesday, 4 December 2019: Parkway Life REIT, Thakral, China Jinjiang Environment and Halcyon Agri.
UDPATE: Singapore stocks to watch Tuesday: Olam, FCOT, FLT, UOB, Ascendas REIT, Mapletree Commercial, Temasek
These are Singapore companies which may be in focus on Tuesday, 3 December 2019: FCOT, FLT, UOB, Ascendas REIT, Mapletree Commercial Trust and Temasek.
Yoma completes first tranche of placement shares to Ayala Corp.
Yoma Strategic said Monday it has completed the placement of 332.5 million new shares to an indirect wholly owned subsidiary of Ayala Corp.
UPDATE: Singapore stocks to watch Monday: FCOT, FLT, ThaiBev, Lendlease Global REIT, Oxley, UEL
These are Singapore companies which may be in focus on Monday, 2 Dec. 2019: ThaiBev, Lendlease Global Commercial REIT, DBS, Temasek, OCBC and No Signboard.
BlackRock tops up Lendlease Global Commercial REIT stake
BlackRock topped up its stake in Lendlease Global Commercial REIT, becoming a substantial unitholder again, the asset manager said Friday.
No Signboard Holdings reports fiscal year net loss more than doubled
No Signboard reported Friday its fiscal year net loss widened to S$4.85 million on lower revenue from the seafood restaurants and the beer operations.
UPDATE: Singapore stocks to watch Friday: SGX, Lendlease Global REIT, Accordia Golf, Eagle H-Trust, FCOT, FLT
These are Singapore companies which may be in focus on Friday, 29 November 2019: SGX, Lendlease Global REIT, Accordia Golf Trust and Eagle Hospitality Trust.
BlackRock ceases to be substantial Lendlease Global Commercial REIT unitholder
BlackRock has ceased to be a substantial unitholder of Lendlease Global Commercial REIT, the asset manager said in a filing to SGX Thursday.
UPDATE: Singapore stocks to watch Thursday: SGX, F&N, MoneyMax, Venture, SPH REIT, Hiap Seng
These are Singapore companies which may be in focus on Thursday, 28 November 2019: SGX, F&N, MoneyMax, Venture, SPH REIT and Hiap Seng.
MoneyMax obtains options to purchase two Lucky Plaza properties
MoneyMax said Wednesday it obtained two options to purchase two properties at Lucky Plaza from an unrelated party for a total S$18 million.
Restaurateur JUMBO reports fiscal year net profit rose 6 percent
JUMBO reported Tuesday fiscal year net profit rose 5.9% on-year to S$11.67M as Singapore revenue rose on new outlets and as costs were better controlled.
UOL’s S$79 million bid for KH KEA building accepted
K.H. KEA Properties has accepted UOL Group’s S$79.3 million bid for the property at 333 North Bridge Road in Singapore, UOL said in a filing to SGX Friday.
UPDATE: Singapore stocks to watch Friday: Mapletree Logistics, OCBC, SGX, Halcyon Agri, ST Engineering, UOB
These are Singapore companies which may be in focus on Friday, 22 November 2019: Mapletree Logistics Trust, OCBC, SGX, Halcyon Agri, ST Engineering and UOB.
SPH REIT private placement meets strong demand
SPH REIT said Friday its private placement of 156.65 million new units met with strong demand to raise around S$164.5 million.
UPDATE: Singapore stocks to watch Thursday: CapitaLand, CityDev, Valuetronics, Yanlord, OKP
These are Singapore companies which may be in focus on Thursday, 21 November 2019: CapitaLand, City Developments, Valuetronics, Yanlord Land and OKP.
UPDATE: City Developments and CapitaLand to redevelop Liang Court
CityDev and CapitaLand said Thursday they plan to redevelop the Liang Court site after CDL Hospitality Trust agreed to sell its interest in Novotel Singapore Clarke Quay.
CapitaLand to divest Star Vista property for S$296 million
CapitaLand said Wednesday it entered a deal to sell The Star Vista mall to Rock Productions, owner of The Star Performing Arts Centre in the same development, for S$296M.
UPDATE: Singapore stocks to watch Wednesday: Ascendas India Trust, Oxley, UEL, Ascott REIT, Mapletree Commercial
These are Singapore companies which may be in focus on Wednesday, 20 November 2019: Oxley, UEL, Ascott Residence Trust and Ascendas Hospitality Trust.
UPDATE: Singapore stocks to watch Tuesday: Mapletree Commercial, Soilbuild, OUE, Far East Orchard, Sheng Siong
These are Singapore companies which may be in focus on Tuesday, 19 November 2019: MCT, Soilbuild Construction, OUE, Far East Orchard and Sheng Siong.
UPDATE: Singapore stocks to watch Monday: Singapore Airlines, OCBC, Lendlease Global REIT, Eagle Hospitality Trust
These are Singapore companies which may be in focus on Monday, 18 November 2019: SIA, OCBC, Lendlease Global Commercial REIT and Eagle Hospitality Trust.
OCBC’s and Great Eastern’s interest in Lendlease Global Commercial REIT falls
OCBC said Friday its deemed interest in Lendlease Global Commercial REIT fell to 10.912% from 11.111% after the disposal of 2.32 million shares.
Sushi restaurateur Sakae Holdings reports fiscal 1Q net loss widened
Sakae reported Thursday its fiscal 1Q net loss widened to S$831,000 as the sushi chain worked to streamline its operations.
Sheng Siong enters deal to buy Aljunied Avenue property for around S$30 million
Sheng Siong entered a deal to acquire a property at Block 118 Aljunied Avenue 2 from Jelita Property for S$29.5M, the supermarket operator said Friday.
UDPATE: Singapore stocks to watch Friday: Singtel, Sembcorp, F&N, CapitaLand, Old Chang Kee, Ezion
These are Singapore companies which may be in focus on Friday, 14 November 2019: Singtel, Sembcorp Industries, F&N, Old Chang Kee, CapitaLand and Sunvic.
Old Chang Kee reports fiscal 2Q net profit fell 9 percent
Iconic Singapore curry puff maker Old Chang Kee reported Thursday its fiscal 2Q net profit fell 9.4 percent on-year as revenue from retail outlets declined.
Yoma Strategic reports fiscal 2Q swung to net loss as property development revenue dropped
Yoma reported Thursday its fiscal 2Q swung to a net loss of US$43.33M from a year-earlier net profit of US$29.88M as property development revenue dropped.
UPDATE: Ayala Corp to take 20 percent stake in Yoma Strategic and First Myanmar Investment
Ayala Corp. will invest up to US$237.5M to take an up to 20% stake in each of Yoma Strategic and its affiliate, First Myanmar Investment (FMI), Yoma said Thursday.
UPDATE: Singapore stocks to watch Wednesday: SembMarine, BreadTalk, SATS, CityDev, Yanlord Land, Cromwell European REIT, Swiber, Koufu
These are Singapore companies which may be in focus on Wednesday, 13 Nov. 2019: SATS, CityDev, Yanlord Land, Sembcorp, Cromwell European REIT and BreadTalk.
BreadTalk reports 3Q19 net profit tumbled 81 percent
BreadTalk reported Tuesday its third quarter net profit tumbled 81 percent on-year to S$500,000 as the bakery division posted a loss before tax.
Koufu terminates joint venture to expand Supertea and R&B brands into Indonesia
Koufu and its JV partners mutually terminated their JV to expand the Supertea and R&B Tea brands into Indonesia, the coffee shop operator said Tuesday.
Mapletree Commercial Trust preferential offering meets strong demand
Mapletree Commercial Trust’s preferential offering of 205.59 million new units at S$2.24 each met with strong demand, the trust said Monday.
Xiaomi: When a smartphone maker becomes a bank
Xiaomi has the usual trimmings for a smartphone maker: A retail channel for its products and internet services for its 300M users. It’s also becoming a bank.
UPDATE: Singapore stocks to watch Monday: DBS, ST Engineering, Keppel, CapitaLand, Far East Orchard, Venture, Yoma
These are Singapore companies which may be in focus on Monday, 11 November 2019: Keppel, CapitaLand, Venture, Far East Orchard, Yoma and Nordic.
SK Jewellery reports 3Q19 net profit dropped 58 percent
SK Jewellery reported Friday its 3Q19 net profit dropped 57.9 percent on-year to S$459,000 after the cessation of SK Bullion’s operations in May 2019.
Synagie proposes rights issue to raise as much as S$3.8 million
Synagie proposed Friday a rights issue of up to 39.72 million new shares at S$0.10 each on the basis of three rights shares for every 20 existing shares.