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.
Trump may see Vietnam as another trade war target, but Taimur Baig, chief economist at DBS, said it likely won’t keep firms from setting up shop there.
Global markets may have heaved a sigh of relief after this weekend’s G-20 meeting in Japan, but the trade-war hostilities likely won’t end anytime soon.
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.
Del Monte Pacific reported Thursday its fiscal 4Q net profit jumped 59.2% on-year to US$6.30M amid lower capital expenditure and higher gross margins.
Global fund managers are at their most pessimistic since the Global Financial Crisis amid trade war concerns, the BofA-ML survey for June found.
UOB KayHian started ARA US Hospitality Trust at Buy with a target price of US$1.15, pointing to its higher-margin niche of upscale select-service hotels.
These are Singapore companies which may be in focus Tuesday, 18 June 2019: Singapore Airlines, Sembcorp Industries, Singtel, ESR-REIT and Singapore property.
Cordlife’s S$1.25B all-share bid for Global Cord Blood Corp. (GCB) is “strongly positive,” marking a “great leap” into the mainland China market, SCCM said.
These are Singapore companies which may be in focus on Wednesday, 11 June 2019: Temasek, Sembcorp, Gallant, OUE, China Jinjiang Environment, OCBC and UOB.
Global toy giant Hasbro is expanding its deal with Kingsmen Creatives to build and operate family entertainment attractions across Asia Pacific.
Kingsmen Creatives said Thursday it expanded its licensing agreement with toy giant Hasbro to open NERF attractions to include the U.S. market.