Singapore share buybacks Wednesday: DBS, OCBC, Koufu, China Sunsine, Straits Trading
These are Singapore companies which announced share buybacks on Wednesday, 29 May 2019: Jardine Strategic, DBS, OCBC, Koufu and China Sunsine.
United Kingdom
Airtel Africa announces plan to seek IPO on London Stock Exchange
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.
Frasers Hospitality Trust taps Colin Low as new CEO
The managers of Frasers Hospitality Trust announced Friday that Colin Low will succeed Eu Chin Fen as CEO on 1 July.
UPDATE: Singapore share buybacks Tuesday: OCBC, DBS, Kimly, Straits Trading
These are Singapore companies which announced share buybacks on Tuesday, 21 May 2019: DBS, OCBC, Kimly and Straits Trading.
BofA-ML: Fund managers well-hedged amid trade war fears
More than a third of fund managers have taken out hedges to protect against a sharp market fall over the next three months, the May BofA-ML fund manager survey found.
ComfortDelGro reports 1Q19 net profit rose 6 percent on new acquisitions
ComfortDelGro reported Tuesday its first quarter net profit increased 6.2 percent on-year to S$70.4 million on contributions from new acquisitions.
Jardine Matheson and Jardine Strategic report 1Q19 earnings ‘slightly ahead’ on-year
Jardine Matheson and Jardine Strategic both reported Thursday they “performed steadily” in 1Q19, with overall earnings slightly ahead of 1Q18.
Far East Orchard reports 1Q19 net profit fell 55 percent amid weaker Australian dollar
Far East Orchard reported Tuesday its first quarter net profit fell 55.4 percent on-year to S$3.42 million, hurt by a weaker Australian dollar. Sales for…
DBS downgrades Frasers Hospitality Trust on weaker Australia outlook
DBS downgraded Frasers Hospitality Trust to Hold from Buy after lower-than-expected fiscal second-quarter results and a weaker Australia outlook.
UPDATE: Singapore stocks to watch Friday: UOB, Great Eastern, ARA US Hospitality, OUEHT, SembMarine
These are Singapore companies which may be in focus on Friday, 3 May 2019: UOB, SembMarine, Frasers Property, ARA US Hospitality, OUEHT and Great Eastern.
Frasers Hospitality Trust reports fiscal 2Q net property income fell 9 percent
Frasers Hospitality Trust reported Tuesday its fiscal 2Q net income fell 9.1% on-year to S$25.2M on weaker performances in Australia, Malaysia and Japan.
Ho Bee Land reports 1Q19 net profit dropped 44 percent on lower property development revenue
Ho Bee Land reported Tuesday its first quarter net profit dropped 43.9 percent on-year to S$27.7 million amid lower revenue from property development.