ComfortDelGro said Tuesday it plans to acquire New South Wales bus operator B&E Blanch for A$28.3 million, or around S$27.32 million.
These are Singapore companies which may be in focus on Tuesday, 23 April 2019: Mapletree Industrial Trust, ComfortDelGro, ST Engineering and LMIRT.
Frasers Commercial Trust reported Tuesday fiscal 2Q net property income dropped 10.5% on-year to S$20.09M on lower occupancy and a weaker Australian dollar.
Keppel REIT entered a deal to acquire an around 99.38 percent stake in a Seoul office building for around S$301.4 million, the REIT said Tuesday.
Arab Banking Corp. provided notice that the project company for Hyflux’s Magtaa desalination project made a claim under a contract-performance guarantee, Hyflux said Tuesday.
CapitaLand said Tuesday it divested its StorHub self-storage business, which has a portfolio of 12 properties, for S$185M to an unrelated third party.
LMIR Trust reported Monday its 1Q19 net property income dropped 7.8 percent on-year to S$40.51 million amid lower rental income and the weaker rupiah.
Mapletree Industrial Trust reported Monday its fiscal 4Q net property income rose 11.7% on-year to S$75.85 million on new contributions from acquisitions.
ComfortDelGro tapped Nicholas Yap to take on the role of country head and CEO for its Australian operations, the transportation company said Monday.
ST Engineering’s aerospace and electronics sectors obtained new contracts valued at around S$2.1B in 1Q19, the technology and defense company said Monday.
UOB’s NIM may face pressure ahead as more expensive fixed deposits make up a greater portion of the bank’s funding mix, Phillip Capital said.
Perennial Real Estate warned Monday it expected to report a 1Q19 net loss due to a weaker operating performance of some assets and higher financing costs.
These are Singapore companies which may be in focus on Monday, 22 April 2019: Keppel, CCT, CapitaLand, Accordia Golf Trust and JUMBO.
Japanese leasing company Tokyo Century will acquire a 20% stake in Yoma Strategic’s subsidiary Yoma Fleet for US$26.6 million, the companies said Monday.
Perennial Real Estate said Monday it entered a deal to divest its effective 50.64 percent stake in Chinatown Point Mall for S$225 million.
Sabana REIT reported Saturday its first-quarter net property income fell 13.3 percent on-year to S$12.65 million on lower occupancy and a divestment.
CapitaLand raised US$391M for its first real-estate equity fund, CapitaLand Asia Partners I, to invest in office buildings in Asia, the company said Monday.
Hyflux said Friday creditor Maybank terminated its collaboration agreement with the troubled Singapore water infrastructure player with immediate effect.
These are Singapore companies which announced share buybacks on Thursday 18 April 2019: Stamford Land and Straits Trading.
CapitaLand Commercial Trust reported Thursday its 1Q19 net property income rose 3.4% on-year to S$79.80M, coming in slightly under a forecast from Daiwa.
Iconic Singapore chili crab restaurateur JUMBO said Thursday it entered a franchise deal for its JV to establish and operate a restaurant in South Korea.
Keppel reported Thursday 1Q19 net profit fell 40% on-year to S$203M on lower gains from en-bloc sales of residential projects, missing a CGS-CIMB forecast.
These are Singapore companies which may be in focus on Thursday, 18 April 2019: SGX, BreadTalk, Keppel, Keppel REIT, Suntec REIT and Hyflux.
Soilbuild REIT reported Wednesday 1Q19 net property income rose, mainly on the conversion of Solaris and contributions from two Australia properties.
These are Singapore companies which announced share buybacks on Wednesday, 17 August 2019: OCBC, Straits Trading, Stamford Land and Global Palm Resources.