UPDATE: Singapore stocks to watch Friday: SPH, Keppel, SGX, CapitaLand, KORE, Olam, Valuetronics
These are Singapore companies which may be in focus on Friday, 18 October 2019: SPH, Keppel, SGX CapitaLand, KORE, Olam and Valuetronics.
United States
Keppel Pacific Oak US REIT private placement meets strong demand
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.
Keppel Pacific Oak US REIT launches private placement to raise US$73 million
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 grow more depressive on trade war outlook, October BofA-ML survey finds
Fund managers are more dispirited about the potential for a trade war resolution, according to the October BofA-ML fund manager survey, released Wednesday.
Keppel Pacific Oak US REIT posts 3Q19 net property income jumped 36 percent
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.
Manulife US REIT preferential offering meets solid demand
MUST said Tuesday its preferential offering was oversubscribed, attracting acceptances and excess applications for 147% of the 72.86M new units offered.
KGI starts ARA US Hospitality Trust at Outperform
KGI started ARA US Hospitality Trust at Outperform, pointing to select-service hotels’ relatively strong growth rate and higher margins.
Singapore stocks to watch Friday: Ascendas REIT, Manulife US REIT, Raffles Infrastructure, Addvalue
These are Singapore companies which may be in focus on Friday, 4 October 2019: Ascendas REIT, Manulife US REIT, Raffles Infrastructure and Addvalue.
UPDATE: Singapore stocks to watch Wednesday: Lendlease Global REIT, CapitaLand, Frasers Property, Ezion
These are Singapore companies which may be in focus on Wednesday, 2 October 2019: Lendlease Global Commercial REIT, CapitaLand, Ascendas India Trust and Ezion.
UPDATE: Singapore stocks to watch Tuesday: Keppel REIT, ComfortDelGro, BreadTalk, Hyflux, First REIT, GENS
These are Singapore companies which may be in focus on Tuesday, 1 October 2019: BreadTalk, Genting Singapore, Hyflux, First REIT, Sunpower and Spackman.
UPDATE: Singapore stocks to watch Monday: SGX, SingPost, POSH, Keppel DC REIT, Chip Eng Seng
These are Singapore companies which may be in focus on Monday, 23 September 2019: SGX, SingPost, POSH, Keppel DC REIT and UOL.
S&P: SingPost unlikely to see material cash from selling US e-commerce subsidiaries
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 REIT private placement prices at top of range on strong demand
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 launches equity fund-raising to raise US$142 million
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 to acquire California property for US$199 million
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 fears grow, BofA-ML September survey finds
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 to buy US$1.4B data center portfolio
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 to acquire Dallas property for US$102 million
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 reports fiscal 1Q net loss on US plant closures
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.
Keppel-KBS US REIT to change name and asset manager
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.
Prime US REIT started at Buy by Maybank KE
Maybank KimEng started Prime US REIT at Buy pointing to its diversified portfolio of U.S. office properties with steady income growth potential.
UPDATE: Singapore stocks to watch Wednesday: OUE C-REIT, Cache Logistics, FLT, BreadTalk, Sasseur REIT
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 proposes S$350 million perpetual securities issue
ARA Asset Management has proposed Thursday issuing S$350 million of 5.60 percent subordinated perpetual securities.
UPDATE: Singapore stocks to watch Wednesday: Singtel, Frasers Logistics, Venture, Eagle Hospitality
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 to shutter, divest some US facilities in restructuring
Del Monte Pacific said Tuesday it plans to shutter and divest some production facilities of its U.S. subsidiary, Del Monte Foods.
Manulife US REIT: This is where we’re looking for acquisitions
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 2Q19 net property income climbs 34 percent
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.
BofA-ML survey: Fund managers grow more jittery in August, turning to protection
Global fund managers are still nervous in August, pulling away from equities and turning to “insurance,” the BofA-ML fund manager survey said Tuesday.
UPDATE: Singapore stocks to watch Wednesday: CapitaLand, SGX, StarHub, EC World REIT, No Signboard
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 net property income beat IPO forecast for maiden report
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.
DBS: This is how much a Fed rate cut could hit earnings
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.
UPDATE: Singapore stocks to watch Thursday: HPHT, Swiber, Oxley, Sunpower, Prime US REIT, Venture
These are Singapore companies which may be in focus on Thursday, 25 July 2019: HPHT, Swiber, Oxley, Sunpower, Venture and Prime US REIT.
UPDATE: Singapore stocks to watch Wednesday: MINT, Frasers Centrepoint, Sembcorp, Venture
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 IPO stumbles on debut
Prime US REIT became the latest U.S.-focused REIT to stumble on its trading debut on Singapore Exchange Friday.
Singapore stocks to watch Friday: Keppel, SATS, ThaiBev, OCBC, Prime US REIT
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.
UPDATE: Singapore stocks to watch Wednesday: CCT, Keppel, KORE, Keppel DC REIT, JUMBO, YZJ
These are Singapore companies which may be in focus on Wednesday, 17 July 2019: Keppel, KORE, Keppel DC REIT, JUMBO, Yangziajiang and Maxi-Cash.
BofA-ML survey: Fund managers step back from bearish brink, but jitters persist
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 reports 2Q19 net property income beat IPO forecast
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.
Keppel-KBS US REIT started at Buy by RHB as proxy to US office sector
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 launches Singapore IPO to raise US$813 million
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.