These are companies which may be in focus in Singapore on Tuesday, 22 October 2019: Temasek, Keppel, SembMarine, ST Engineering, OCBC, Singtel and CapitaLand Mall Trust.
These are Singapore companies which announced share buybacks on Monday, 21 October 2019: Jardine Matheson, Stamford Land, Intraco and Duty Free International.
JUMBO opened a second franchised outlet in South Korea, only three months after the first opening, the iconic Singapore chili crab restaurateur said Monday.
Mapletree Logistics Trust reported Monday its fiscal 2Q net property income rose 21% on-year to S$109.13M, coming in slightly ahead of a Daiwa forecast.
Mapletree Logistics Trust said Monday it plans to acquire seven logistics properties across Malaysia, Vietnam and China for around S$383.9 million.
Mapletree Commercial Trust said Monday it obtained a S$670 million green loan to partially finance its acquisition of Mapletree Business City Phase 2.
CapitaLand Mall Trust reported Monday its 3Q19 net property income rose 17.6 percent on-year to S$144.22 million. The results beat forecasts from Daiwa.
Temasek’s bid to increase its Keppel stake has spurred renewed speculation from analysts that Keppel’s O&M division might be merged with SembMarine.
ST Engineering said Monday its aerospace and electronics sectors secured contracts valued at a combined S$1.8 billion in the third quarter.
SembMarine told SGX Monday it wasn’t aware of any information to explain its share price surge, but pointed at Temasek’s partial bid for Keppel’s shares.
Singapore state-owned investment company Temasek said Monday it is making a bid to increase its stake in Keppel to 51% in a more than S$4 billion deal.
OCBC will join Singtel’s VIA mobile payment alliance, allowing the bank’s customers to make QR code payments while traveling in Thailand and Japan, Singtel said Monday.
KGI upgraded Keppel Corp. to Overweight, saying weak earnings this year have likely been priced in.
These are Singapore companies which may be in focus on Monday, 21 October 2019: AIMS APAC REIT and Ho Bee Land.
MeGroup renewed its agreement with Japan-based Hirotani to continue using their technical expertise in manufacturing, the Malaysian company said Monday.
These are Singapore companies which announced share buybacks on Friday, 18 October 2019: Jardine Matheson, Stamford Land, Duty Free International and CDW.
These are Singapore companies which announced share buybacks on Thursday, 17 October 2019: Jardine Matheson, Duty Free International and Cheung Woh Tech.
These are Singapore companies which may be in focus on Friday, 18 October 2019: SPH, Keppel, SGX CapitaLand, KORE, Olam and Valuetronics.
SPH said Thursday it would cut 5% of its media staff in a restructuring which includes changes to ad sales practices and content sharing across titles and platforms.
SPH reported Thursday its full FY net profit dropped 23.4% on-year to S$213.21 million, mainly on the absence of a year-ago one-off gain from a divestment.
Keppel Corp. reported Thursday its 3Q19 net profit dropped 30 percent on-year to S$159 million, mainly on year-ago gains from property divestments.
Keppel Pacific Oak US REIT said Thursday its private placement of 104.29M new units met with strong demand, pricing at the top of its indicative range.
Olam International said Thursday it secured a multi-tranche revolving credit facility of a total US$1.53 billion to refinance its existing loans.
Valuetronics said Thursday it set up a subsidiary in Vietnam to expand its operations in the country as it shifts some manufacturing out of China.
Soilbuild said Thursday its subsidiary Precast Concrete landed an around S$28.8M contract to supply precast concrete components for an HDB BTO project.
CapitaLand said Thursday it has issued S$500 million in fixed-rate subordinated perpetual notes, which had previously priced at 3.65 percent.
SGX said Thursday it established a S$1.5 billion multicurrency debt issuance program which can issue medium-term notes or perpetual securities.
These are Singapore companies which may be in focus on Thursday, 17 October 2019: Keppel REIT, Soilbuild REIT, AA REIT, Accordia Golf Trust and Sunpower.
Mapletree Commercial Trust said Thursday its private placement 200.89 million new units priced at S$2.28, the top of its S$2.24 to S$2.28 range.
KORE has launched a private placement of 104.29 million new units at US$0.701 to US$0.725 each to raise at least US$73.1 million, the REIT said Thursday.
These are Singapore companies which announced share buybacks Wednesday, 16 Oct 2019: Jardine Matheson, Duty Free, CDW, Global Investments and Cheung Woh.
Ornamental fish breeder Qian Hu reported Wednesday its 3Q19 net profit surged 72 percent on-year to S$301,000, despite a long-running dragon fish price war.
AIMS Financial Group said Wednesday it exercised a call option to acquire around 70.3M units of AIMS APAC REIT and then sold the units in a placement.
Keppel REIT reported Wednesday its 3Q19 net property income rose 17.6 percent on-year to S$33.17 million. The results missed Daiwa’s forecasts by a tad.
Soilbuild REIT reported Wednesday its 3Q19 net property income rose 4.5% on-year to S$16.95M on contributions from two Australia properties acquired last year.
Accordia Golf Trust said Wednesday three of its golf courses were closed in the wake of Typhoon Hagibis, which caused heavy rain and flash flooding.
Sunpower said Wednesday it landed a series of manufacturing and services contracts valued at a total CNY71.7M from strategic partner, Wanhua Chemical.
Genting Singapore could be a beneficiary of the months-long protests in Hong Kong, with Singapore likely to see more mainland tourists, RHB said Friday.
Daiwa started Lendlease Global Commercial REIT at Outperform, pointing to an undemanding valuation and a good pipeline of potential acquisitions.
These are companies which may be in focus in Singapore on Wednesday, 16 October 2019: GIC, SPH, Keppel DC REIT, Singapore Airlines, KORE and SGX.