These are Singapore companies which may be in focus on Wednesday, 11 September 2019: Olam, Starhill Global REIT, Isetan Singapore, Keppel and Accordia Golf.
Suntec REIT reported Friday its 2Q19 net property income dropped 7.2 percent on-year to S$56.36 million. The results missed a forecast from Daiwa.
Suntec REIT’s acquisition of an Adelaide, Australia, office building looks “compelling,” even for a secondary city, Daiwa said in a note Tuesday.
Suntec REIT entered a deal to acquire a 12-storey office building in Adelaide, South Australia, for A$148.3 million, the REIT’s manager said Monday.
Suntec REIT has entered a deal to acquire a Grade A office building under development in Sydney for A$297 million, the REIT’s manager said Monday.
These are Singapore companies which may be in focus on Monday, 6 May 2019: StarHub, Hyflux, First Resources and Uni-Asia Group.
Suntec REIT priced its placement of new units at S$1.80 each, raising around S$200 million after the upsize option was exercised, the REIT Thursday.
Suntec REIT has proposed Wednesday issuing 84.7 million new units in a private placement to raise gross proceeds of as much as S$150 million.
Suntec REIT reported Wednesday its first quarter net property income fell 7.6 percent on-year to S$58.20 million. The results missed a forecast from Daiwa.
UBS has fully pre-leased the office component of the 9 Penang Road project, Suntec REIT and its JV partners, Haiyi Holdings and SingHaiyi, said Wednesday.