These are Singapore companies which may be in focus on Friday, 18 October 2019: SPH, Keppel, SGX CapitaLand, KORE, Olam and Valuetronics.
Keppel Pacific Oak US REIT said Thursday its private placement of 104.29M new units met with strong demand, pricing at the top of its indicative range.
KORE has launched a private placement of 104.29 million new units at US$0.701 to US$0.725 each to raise at least US$73.1 million, the REIT said Thursday.
Fund managers are more dispirited about the potential for a trade war resolution, according to the October BofA-ML fund manager survey, released Wednesday.
KORE reported Tuesday its 3Q19 net property income rose 36.2 percent on-year to US$18.5 million, beating its IPO forecast by 31.6 percent.
MUST said Tuesday its preferential offering was oversubscribed, attracting acceptances and excess applications for 147% of the 72.86M new units offered.
KGI started ARA US Hospitality Trust at Outperform, pointing to select-service hotels’ relatively strong growth rate and higher margins.
These are Singapore companies which may be in focus on Friday, 4 October 2019: Ascendas REIT, Manulife US REIT, Raffles Infrastructure and Addvalue.
These are Singapore companies which may be in focus on Wednesday, 2 October 2019: Lendlease Global Commercial REIT, CapitaLand, Ascendas India Trust and Ezion.
These are Singapore companies which may be in focus on Tuesday, 1 October 2019: BreadTalk, Genting Singapore, Hyflux, First REIT, Sunpower and Spackman.
These are Singapore companies which may be in focus on Monday, 23 September 2019: SGX, SingPost, POSH, Keppel DC REIT and UOL.
Singapore Post is unlikely to obtain material cash from the planned sale of assets by its U.S. e-commerce subsidiaries, S&P Global Ratings said Thursday.
Manulife US REITsaid Friday it priced its private placement of new units at US$0.876 each, the top of its indicative range, as strong demand.
Manulife US REIT said Thursday it launched a private placement and preferential offering to raise around US$142.1 million to partially fund an acquisition.
Manulife US REIT said Thursday it entered a deal to acquire an office building in Sacramento, from 400 Capitol Mall Owner for around US$198.8 million.
Fund managers’ recession expectations have hit levels last seen during the Global Financial Crisis, according to the BofA-ML September survey Tuesday.
Mapletree Industrial Trust and Mapletree Investments said Monday they formed a 50:50 JV to acquire a US$1.4B data center portfolio in North America.
Keppel Pacific Oak US REIT said Friday it entered a deal to acquire One Twenty Five, an office complex in the Dallas-Fort Worth area in Texas for US$101.5M.
Del Monte Pacific reported Friday a fiscal 1Q net loss of US$38.26 million on one-off items related to closing plants in the U.S.
The REIT formerly known as Keppel-KBS US REIT has changed its name to Keppel Pacific Oak US REIT, the REIT’s manager said in a filing to SGX Thursday.
Maybank KimEng started Prime US REIT at Buy pointing to its diversified portfolio of U.S. office properties with steady income growth potential.
These are Singapore companies which may be in focus on Wednesday, 4 September 2019: Cache Logistics Trust, FLT, BreadTalk and TEE International.
ARA Asset Management has proposed Thursday issuing S$350 million of 5.60 percent subordinated perpetual securities.
These are Singapore companies which may be in focus on Wednesday, 21 August 2019: Singtel, Frasers Logistics, Venture, Eagle Hospitality Trust and Spackman.
Del Monte Pacific said Tuesday it plans to shutter and divest some production facilities of its U.S. subsidiary, Del Monte Foods.
Singapore-listed Manulife US REIT, or MUST, is pretty small compared with its U.S.-listed peers, but the REIT is actively seeking acquisitions.
Manulife US REIT (MUST) reported Tuesday its second quarter net property income climbed 33.8 percent on-year to US$27.26 million on new acquisitions.
Global fund managers are still nervous in August, pulling away from equities and turning to “insurance,” the BofA-ML fund manager survey said Tuesday.
These are Singapore companies which may be in focus on Wednesday, 7 August 2019: CapitaLand, Perennial, SGX, StarHub, EC World REIT, No Signboard and JUMBO.
ARA US Hospitality Trust reported Tuesday its net property income for the 9 May to 30 June period was US$9.86M, 0.4% above the IPO prospectus forecast.
The U.S. Federal Reserve may be set to cut rates ahead, but DBS CEO Gupta was sanguine on the earnings impact for the bank.
These are Singapore companies which may be in focus on Thursday, 25 July 2019: HPHT, Swiber, Oxley, Sunpower, Venture and Prime US REIT.
These are Singapore companies which may be in focus on Wednesday, 24 July 2019: Mapletree Industrial Trust, Frasers Centrepoint Trust, Sembcorp and Venture.
Prime US REIT became the latest U.S.-focused REIT to stumble on its trading debut on Singapore Exchange Friday.
These are Singapore companies which may be in focus on Friday, 19 July 2019: Keppel, SATS, Thai Beverage, OCBC, Prime US REIT and AA REIT.
These are Singapore companies which may be in focus on Wednesday, 17 July 2019: Keppel, KORE, Keppel DC REIT, JUMBO, Yangziajiang and Maxi-Cash.
Global fund managers were a tad less pessimistic, but they continued to fret over economic risks, the BofA-ML fund manager survey for July found.
Keppel-KBS US REIT reported Tuesday its second quarter net property income was US$17.99 million, up 30.4 percent on-year on two acquisitions.
RHB started Keppel-KBS US REIT at Buy with a US$0.88 target price, saying its unit price is undervalued giving yields of around 8 percent.
Prime US REIT has filed for a Singapore IPO to raise US$813M, making it the largest new offering on SGX so far this year, the REIT’s manger said Monday.