DBS upgraded Keppel DC REIT to Buy from Hold, citing “surprise acquisitions” after the REIT announced it would buy Guangdong Data Centre.
Singapore companies which may be in focus on Tuesday, 27 July 2021: CDL Hospitality Trusts, Keppel DC REIT, KORE, LMIRT and ST Engineering.
Keppel DC REIT entered a deal to acquire Guangdong Data Centre for S$132M from Guangdong Bluesea Data Development (Bluesea).
Singapore’s Temasek reported Tuesday its net portfolio value climbed to a record S$381B for the fiscal year ended 31 March.
Keppel said Thursday the Frankfurt, Germany, data center, Keppel DC Frankfurt 1, would be divested to Iron Mountain for EUR76M.
These are companies which announced share buybacks on Friday, 25 June 2021: Telechoice International, Venture Corp., The Hour Glass, Avarga and Samurai 2K Aerosol.
These are Singapore companies which announced share buybacks on 24 June 2021: Venture Corp. and The Hour Glass.
These are Singapore companies which announced share buybacks on Tuesday, 22 June 2021: Venture Corp.
Singapore companies which announced share buybacks on Monday, 21 June 2021: Venture, Sarine Tech, The Hour Glass and Sanli Environmental.
Singapore companies which may be in focus on Friday, 6 Dec. 2019: Mapletree Logistics, Golden Agri, Singtel, Keppel and Lendlease Global Commercial REIT.
These are companies which may be in focus on Thursday, 5 Dec. 2019: Mapletree North Asia Commercial Trust, Keppel REIT, Sembcorp, F&N, SGX and Eagle H-Trust.
These are Singapore companies which may be in focus on Thursday, 28 November 2019: SGX, F&N, MoneyMax, Venture, SPH REIT and Hiap Seng.
These are Singapore companies which may be in focus on Wednesday, 27 November 2019: OCBC, SGX, Hyflux, ST Engineering, Mapletree Logistics Trust and JUMBO.
AIMS APAC REIT said Monday it entered a new lease agreement with Optus Administration for another 12-year term for the Optus Centre property in Australia.
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.
Upstart fintechs’ entry into financial services hasn’t set up a fixed battle with the established banks in Africa. Quite the contrary, in fact.
Ravi Menon, Singapore’s central bank chief, said fintechs must serve a larger good and create a better, greener world.
For banks to make loans to individuals or businesses without a credit history, they must turn to non-traditional metrics, but the results can be spotty.
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.
Smartphones may be hailed as the game-changer in efforts to bring more people into the formal banking system, but it’s not living up to the hype.