These are Singapore companies which may be in focus on Tuesday, 3 December 2019: FCOT, FLT, UOB, Ascendas REIT, Mapletree Commercial Trust and Temasek.
UOB Asset Management has entered a deal to acquire around 24.53 percent of VAM Vietnam Fund Management from Nguyen Xuan Minh, UOB said Monday.
These are Singapore companies which may be in focus on Friday, 22 November 2019: Mapletree Logistics Trust, OCBC, SGX, Halcyon Agri, ST Engineering and UOB.
UOB reported Friday its third quarter net profit climbed 8 percent to S$1.12 billion. These are analysts’ calls on the results.
These are Singapore companies which may be in focus on Friday, 1 November 2019: Keppel, Yangzijiang, Ascott Residence Trust, AA REIT, Hi-P and Sabana REIT.
UOB reported Friday its third quarter net profit climbed 8 percent to S$1.12 billion on stronger client franchise income and trading and investment income.
These are Singapore companies which may be in focus on Wednesday, 22 October 2019: Keppel, Temasek, UOB, Mapletree Industrial Trust, Singtel and AA REIT.
UOB launched Tuesday its U-Solar platform to connect businesses and consumers with financing to encourage renewable energy adoption in Southeast Asia.
These are companies which may be in focus in Singapore on Monday, 14 October 2019: UOB, Lendlease Global Commercial REIT, Temasek, Keppel and Synagie.
UOB said Friday it entered a JV with VI Fund III, or VIG, to set up a subsidiary in Vietnam to develop digital loyalty program services for companies.
These are Singapore companies which may be in focus on Friday, 20 September 2019: UOB, MUST, Sunpower, Fortune REIT, POSH and TEE International.
UOB became the first foreign bank to open a branch in Zhongshan City in China’s Guangdong Province, the Singapore bank said Thursday.
Overseas lending, particularly business loans, is a key variable in determining whether Singapore banks’ NPLs tick higher, Maybank KimEng said.
Singapore stocks which may be in focus on Thursday, 5 September 2019: Yangzijiang, City Developments, DBS, UOB, TEE International and ST Engineering.
UOB Asset Management said Wednesday it completed the acquisition of a 75% stake in Indonesia-based PGAM, expanding its regional network an eighth Asian market.
UOB and BNP Paribas said Tuesday they were joint advisers and coordinators for a US$200M green club loan facility for Agricultural Bank of China’s Singapore branch.
Singapore companies likely to be in focus on Friday, 30 August 2019: CapitaLand, Starhill Global REIT, Fraser and Neave and ARA Asset Management.
UOB prices US$500 million in 1.625 percent covered bonds due 2022 at 99.694 percent of the principal amount, the bank said in a filing to SGX Friday.
Credit Suisse said it’s turning more cautious on the Singapore market, forecasting the city-state’s economic growth would slow to just 0.5 percent in 2019.
These are Singapore stocks which may be in focus on Friday, 2 August 2019: UOB, OCBC, CRCT, Hi-P, Dairy Farm, Ezion and Chip Eng Seng.
UOB reported Friday 2Q19 net profit rose 8% on-year to S$1.08 billion, beating forecasts from CGS-CIMB and Daiwa, amid strong wealth management flows.
DBS topped profit forecasts after its net interest margin rose more than forecast, but it isn’t clear if OCBC and UOB can match the performance.
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.