Maxi-Cash to upsize its bond issue under exchange offer: Client note
Maxi-Cash plans to upsize the three-year 6.05% fixed-rate bond offering, which was part of its tender offer to exchange its previous notes, a client note said.
Singapore
SG stocks Monday: UOB, Frasers Hospitality, Manhattan Resources, ECON Healthcare, CLI
SG stocks Monday, 17 Jan 2022: UOB, Frasers Hospitality, Manhattan Resources, ECON Healthcare, CapitaLand Investment, ESR-REIT, GEAR and SLB.
Manhattan Resources: In talks with European investment fund to finance renewable projects
Manhattan Resources said Friday it was in talks with an unnamed European investment fund to finance renewable energy projects in Vietnam.
Stake changes: UOL, Wee Investments, APTT, Pan-United
Singapore substantial shareholder changes: UOL Group and Wee Investments, Asian Pay Television Trust (APTT) and Pan-United Corp.
SLB Development reports fiscal 1H net profit more than doubled
SLB Development reported Friday its fiscal first half net profit jumped around 117 percent on-year to S$12M as more property units were sold.
SG buybacks Friday: HK Land, Nanofilm, OUE, Raffles Medical, Hour Glass
SG buybacks Friday, 14 January 2022: Hongkong Land, Jardine Matheson, Nanofilm, OUE, Raffles Medical, Global Investments, Hour Glass and SHS.
Digital Core REIT started at Buy by DBS
DBS started Digital Core REIT at Buy with US$1.40 target, as the pure-play on data centers is backed by the largest global data center owner.
ECON Healthcare: Chairman Ong also held shares in Crosstec
ECON Healthcare (Asia), which posted a material loss on trades in Crosstec, said Chairman and CEO Ong Chu Poh also acquired Crosstec shares.
Frasers Hospitality Trust: Acquisitions will face high bar
Frasers Hospitality Trust plans to focus on targeted AEIs for growth, with any acquisitions facing a high bar, the REIT said Friday.
UOB’s proposed Citi Asean-4 deal is a positive: OCBC
UOB’s proposed acquisition of Citigroup‘s consumer business in Indonesia, Malaysia, Thailand and Vietnam is a positive, OCBC said Friday.
UOB to acquire Citi consumer business in four countries in nearly S$5B deal
UOB plans to acquire Citigroup’s consumer banking business in Indonesia, Malaysia, Thailand and Vietnam in an around S$4.9B deal.
Stake Changes: APTT, SHS, Addvalue Technologies
Singapore substantial shareholder changes: Asian Pay Television Trust, SHS Holdings and Addvalue Technologies.