These are Singapore companies which may be in focus on Thursday, 18 July 2019: UOB, SembMarine, CapitaLand Commercial Trust and Qian Hu.
United Overseas Bank said Wednesday its Sydney branch plans to issue A$500 million of floating rate notes due July 2022.
These are Singapore companies which may be in focus on Thursday, 11 July 2019: Sembcorp, UOB, SGX, Ascendas India Trust, Accordia Golf and Cordlife.
UOB priced S$750M in 3.58 percent perpetual securities, which will be issued under its US$15B global medium-term note program, the bank said Thursday.
Singapore banks are seeing rising credit demand from trade-related sectors, suggesting Southeast Asia is benefiting from the trade war, Maybank KE said Monday.
Small-to-medium sized enterprises (SMEs) are likely to benefit from Singapore’s move to allow digital banks into the market, DBS said in a note Monday.
These are Singapore companies that may be in focus on Monday, 1 July 2019: Banks, Temasek, Singapore Airlines and Hyflux.
UOB entered an agreement with Shenergy (Group) to set up a joint venture consumer finance company in Shanghai, China, the Singapore bank said Friday.
The Monetary Authority of Singapore said Friday it would issue up to five new digital bank licences, opening the banking sector to non-bank players.
UOB and CapBridge signed an agreement to offer private-capital services to private, high-growth companies in Singapore, the two said in a statement Monday.
These are Singapore companies which may be in focus Friday, 21 June 2019: UOB, Cromwell European REIT, Keppel, Thai Beverage, Wing Tai and Straits Trading.
Sunseap said Thursday it received a S$43 million green loan from UOB to fund rooftop solar installations at 210 commercial, industrial and government sites.
Singapore banks have increased their share buybacks even as their stocks have dropped, signaling emerging value, Maybank KimEng said Friday.
These are Singapore companies which may be in focus on Wednesday, 11 June 2019: Temasek, Sembcorp, Gallant, OUE, China Jinjiang Environment, OCBC and UOB.
These are Singapore companies which may be in focus on Tuesday, 11 June 2019: CapitaLand, CRCT, SGX, Kingsmen Creatives, Ascendas REIT and Accordia Golf.
UOB Venture Management said Monday it will launch a second impact investment private equity fund for Asia, targeting education, healthcare and agriculture.
Singapore’s banks has strong fundamentals, but they will face credit vulnerabilities ahead, but Moody’s Investors Service said in a note last week.
CGS-CIMB downgraded Singapore’s bank sector to Neutral from Overweight, on expectations of “harder days ahead” for UOB, OCBC and DBS.
Despite the recent selloff Singapore banks’ shares amid trade tensions, the sector has “strong platforms” for responding to volatility, Maybank KimEng said.
UOB’s 1Q19 NIM disappointed, falling by 5 basis points, but it may finally begin to see positive momentum ahead, Maybank KimEng said in a note last week.
These are Singapore companies which may be in focus on Thursday, 16 May 2019: UOB, Singapore Airlines, OCBC, Hyflux, UOL and Ezion.
UOB expects to benefit from U.S.-Sino trade tensions, with companies set to diversify their supply chains into Southeast Asia, the bank said Wednesday.
OCBC downgraded shares of UOB to Hold from Buy, saying that after the stock’s around 13 percent year-to-date rally.
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.
UOB reported Friday its first quarter net profit rose 8 percent on-year to S$1.05 billion as strong loan growth offset a drop in its net interest margin.