Singapore share buybacks Friday: Stamford Land, Silverlake Axis, ST Group Food, AEI, Anchun
These are Singapore companies which announced share buybacks on Friday, 22 November 2019: Stamford Land, Silverlake Axis, AEI, Anchun and Global Investments.
Singapore
Thai Beverage reports fiscal year net profit climbed 33 percent
Thai Beverage reported Friday its full year net profit climbed 33 percent on-year to 26.08 billion baht on higher contributions from spirits and beer.
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.
Singapore share buybacks Thursday: Jardine Matheson, OCBC, Sembcorp Industries, Stamford Land, Silverlake
These are Singapore companies which announced share buybacks on Thursday, 21 November 2019: Jardine Matheson, Stamford Land, OCBC and Sembcorp Industries.
Halcyon Agri sets collaboration in Cameroon to improve rubber sustainability
Halcyon Agri said Thursday it tied up with local and international NGOs to strengthen sustainable rubber production at its Cameroon plantations.
Mapletree Logistics Trust lands S$200 million sustainability-tied loan
Mapletree Logistics Trust obtained a S$200M sustainability-tied loan from OCBC, the trust’s first foray into sustainable financing, the trust said Thursday.
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.
SPH REIT launches private placement to raise at least around S$162 million
SPH REIT launched a private placement of 156.65 million new units at S$1.031 to S$1.075 each to raise at least S$161.5 million, the REIT said Thursday.
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: Ascendas India Trust private placement meets strong demand
Ascendas India Trust’s private placement met with strong demand, pricing at the top of its range to raise around S$150 million, the trust said Wednesday.
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.
ST Engineering divests Australia pilot-training business
ST Engineering said Tuesday it divested its pilot training business in Australia to Regional Express Holdings for S$9.3 million.
Ascendas India Trust launches private placement to raise at least S$100 million
Ascendas India Trust said Tuesday it launched a private placement of at least 66.31M new units at S$1.465 to S$1.508 each to raise at least S$100M.
Soilbuild Construction lands around S$163M contract to build industrial factory project
Soilbuild Construction said Monday it landed a contract from SB (Ipark) Investment to erect an industrial factory development for around S$162.5M.
Singapore share buybacks Monday: OCBC, Keppel REIT, Sembcorp Industries, Silverlake Axis, AEI
These are Singapore companies which announced share buybacks on Monday, 18 November 2019: OCBC, Keppel REIT, Sembcorp Industries and Silverlake Axis.
KGI cuts Eagle Hospitality Trust target price on Queen Mary concerns
KGI slashed its target price on Eagle Hospitality Trust to S$0.61 from S$0.72, citing concerns over the trust’s Queen Mary property.
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.
Tiong Seng lands S$125 million in green loans
Tiong Seng secured a total of S$125M in green loan and environmental performance-linked facilities from OCBC and DBS, the construction company said Monday.
Technology for good: Challenges and progress
Ravi Menon, Singapore’s central bank chief, said fintechs must serve a larger good and create a better, greener world.
Eagle Hospitality Trust lays out its Queen Mary case — Again
Eagle Hospitality Trust laid out its case about its Queen Mary property again Friday, rebutting recent claims and addressing investors’ concerns.
Singapore share buybacks Friday: Sembcorp Industries, Keppel REIT, AEI, Global Investments, Singapore Shipping
These are Singapore companies which announced share buybacks on Friday, 15 November 2019: Sembcorp Industries, Keppel REIT, Global Investments and AEI Corp.
Singapore Airlines October passengers carried rose nearly 9 percent
The Singapore Airlines group carried 3.24M passengers in October, up 8.9 % on-year, while the passenger load factor increased, the carrier said Friday.
Frasers Property reports fiscal year net profit fell 25 percent
Frasers Property said Friday its fiscal year net profit dropped 25.3% on-year to S$560.3M on lower contributions from Singapore and Australia development projects.
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.
OUE reports 3Q19 net profit surged by 59 times on one-off from OUE Commercial Trust merger
OUE reported Thursday its 3Q19 net profit surged to S$124.1 million from S$2.1 million in the year-ago period on a one-off non-cash gain of S$90.9M.
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.
Singapore share buybacks Thursday: OCBC, Keppel REIT, Intraco, Cheung Woh Tech, AEI
These are Singapore companies which announced share buybacks on Thursday, 14 November 2019: OCBC, Keppel REIT, Intraco, AEI and Cheung Woh Technologies.
Ezion to divest its 49 percent stake in PT Pelita Bara Samudera
Ezion said Thursday it entered a deal to divest its 49 percent stake in PT Pelita Bara Samudera to PT Karya Pilar Sukses for US$2.05 million.
Singtel posts fiscal 2Q swung to S$668 million net loss as Airtel hit by India court ruling
Singtel reported Thursday its fiscal 2Q swung to a net loss of S$668.1M from a year-ago net profit of S$667.2M due to an exceptional item related to Airtel.
Sembcorp Industries reports 3Q19 net profit fell 13 percent
Sembcorp Industries reports 3Q19 net profit fell 13% on-year to S$71 million as the energy segment’s contributions fell and the marine unit posted losses.
Fraser and Neave reports fiscal year net profit climbed 24 percent
Fraser and Neave reported Thursday its fiscal full year net profit increased 23.5 percent on-year to S$152.56 million on higher soft drink and dairy sales.
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.
Fintech innovators and central banks: Frenemies on regulation
Where do you draw the line between regulation and innovation? Central banks are grappling with this issue in the face of rapidly changing technology.
UPDATE: Temasek prices 500M euros of 12-year bonds and 500M euros of 30-year bonds amid strong demand
Temasek said Thursday it priced 500M euros of 12-year bonds at 0.50 percent and 500M euros of 30-year bonds at 1.25 percent amid strong demand.
UDPATE: Singapore stocks to watch Thursday: Temasek, YZJ, ComfortDelGro, SPH, Olam, Keppel, Yoma, Eagle Hospitality
These are Singapore companies which may be in focus on Thursday, 14 Nov. 2019: Temasek, Yangzijiang, ComfortDelGro, Olam, Keppel and Eagle Hospitality Trust.