KGI downgraded Keppel DC REIT to Neutral from Outperform, saying near-term catalysts for the REIT look priced in.
CGS-CIMB downgraded Keppel DC REIT to Hold from Add, saying the positive industry fundamentals and potential catalysts are fully priced in.
Keppel DC REIT reported second quarter net property income rose 13.6 percent on-year to S$43.26 million, getting a boost from the two acquisitions in 2018.
These are Singapore companies which announced share buybacks on Friday, 12 July 2019: Venture, Olam, Straits Trading and Global Palm Resources.
These are Singapore companies which may be in focus on Monday, 8 July 2019: ThaiBev, Singtel, CapitaLand, Frasers Hospitality Trust and Sunpower.
Huawei may be under fire from U.S. trade restrictions, but so far, Konesh Kochhal, a director at the company, said the carrier business wasn’t affected.
Airtel Africa set the price range Monday for its initial public offering (IPO) at 80 pence to 100 pence a share, the telco said in a filing to the LSE.
Singtel Optus’ wholly owned subsidiary Optus Finance priced 500 million euro 0-year fixed-rate notes at 1.0 percent, Singtel said Friday.
Singapore state-owned investment company GIC said Thursday it tied up with data-center provider Polymer Connected to develop a Jakarta data center campus.
Maybank KimEng upgraded Venture to Buy from Hold, saying the around 18 percent drop in its share price since late April has created an entry point.
Airtel Africa plans to proceed with an IPO on the London Stock Exchange, aiming to raise US$750 million, Bharti Airtel said Tuesday.
Keppel Data Centres invested around 14 million euros (S$21.50 million or US$15.65 million) in data center developer and operator Etix Group’s series C funding, taking…
Singtel completed its subscription to 170.10 million new shares of Bharti Airtel under its rights issue, the Singapore telco said Wednesday.
Airtel Africa plans to seek a potential IPO on the London Stock Exchange, India’s Bharti Airtel said in a letter to the Indian stock exchanges Tuesday.
Daiwa started coverage of Venture at Outperform with a S$17.90 target price, pointing to its transition toward integrating R&D services.
These are Singapore companies which announced share buybacks on Thursday, 16 May 2019: Singtel, OCBC, Kimly, Straits Trading and China Sunsine.
Singtel reported Wednesday its fiscal 4Q net profit rose 0.4 percent on-year to S$773 million the Australian dollar’s decline.
NetLink NBN Trust reported Monday its fiscal 4Q net profit rose 30.9 percent on-year to S$20.02 million, beating projections from its IPO prospectus.
CSE Global reported Monday its 1Q19 net profit rose 0.5% on-year to S$5.73 million amid increased infrastructure project revenue with higher gross margins.
Any benefit to Venture from the U.S. FDA approval of the IQOS heated tobacco device likely won’t show up at the bottom line until 2020, UOB KayHian said.
Maybank KimEng downgraded Venture to Hold from Buy in a note on Friday, pointing to the cautious outlook the company provided with its earnings.
Venture reported Thursday its 1Q19 net profit rose 8.6 percent on-year to S$90.9 million on broad-based growth in its technology portfolio.
These are Singapore companies which may be in focus on Monday, 22 April 2019: Keppel, CCT, CapitaLand, Accordia Golf Trust and JUMBO.
These are Singapore companies likely to be in focus on Wednesday, 16 April 2019: MLT, SPH, Hi-P, Keppel-KBS US REIT and Cache Logistics Trust.
These are Singapore companies likely to be in focus on Monday, 15 April 2019: UIC, OUE, Yangzijiang, Keppel, Ezion and Yongnam.