Singapore stocks to watch Friday: Keppel, Thai Beverage, Wing Tai, Straits Trading, Fragrance
These are Singapore companies which may be in focus on Friday, 21 June 2019: Keppel, Thai Beverage, Wing Tai, Straits Trading and Fragrance.
Vietnam
CapitaLand sells 49 percent stake in UAE-based MCRE for S$101 million
CapitaLand transferred its entire 49 percent stake in MCRE to Five Square Properties for around S$100.9 million, the property developer said Tuesday.
UPDATE: Singapore stocks to watch Friday: Singtel, Frasers Property, FLT, CapitaLand, LMIRT, ESR
These are Singapore companies which may be in focus on Friday, 14 June 2019: Frasers Logistics Trust, CapitaLand, LMIR Trust, ESR and Chip Eng Seng.
RHB: Thai Beverage set to outperform other Singapore consumer plays
RHB tipped Thai Beverage as one of its top picks among Singapore’s listed consumer plays amid an upbeat outlook for Thailand’s beer consumption.
UPDATE: Singapore stocks to watch Thursday: Frasers Centrepoint Trust, CapitaLand, SGX, KIT
These are Singapore companies which may be in focus Thursday, 13 June 2019: Frasers Centrepoint Trust, CapitaLand, SGX, KIT and Bukit Sembawang.
CRCT expects to tack through trade war impact to its China malls
U.S.-China trade tensions may be knocking market sentiment, but despite the risks, CapitaLand Retail China Trust has added to its China mall portfolio.
CapitaLand to divest three China malls to CRCT for S$589 million
CapitaLand entered a deal to divest three China malls to CapitaLand Retail China Trust for CNY2.86 billion, or around S$589.2 million, the two said Tuesday.
ST Engineering sets maintenance joint venture with Vietnam Airlines
ST Engineering said Thursday its aerospace arm has entered a joint venture with Vietnam Airlines’ subsidiary VAECO to provide component MRO services.
CapitaLand’s Funan Mall to re-open at end-June
The retail component of the Funan, owned by CapitaLand and CapitaLand Mall Trust, is set to re-open on 28 June, two months ahead of schedule.
DBS: CapitaLand’s acquisition of Ascendas-Singbridge offers ‘myriad of positives’
CapitaLand’s acquisition of Ascendas-Singbridge, due to be completed by end-June, will herald a “new era of growth,” DBS said in a note Monday.
Boustead Singapore reports fiscal 4Q net profit edged up 2 percent
Boustead Singapore reported Monday its fiscal 4Q net profit edged up 2% on-year to S$7.8M amid gross margin pressure, a higher impairment loss and expenses.
Nomura: Starbucks Thailand acquisition a positive for Thai Beverage
Fraser and Neave’s deal to acquire Starbucks Coffee (Thailand) via a joint venture is a positive for Thai Beverage, Nomura said in a note Friday.
CapitaLand to complete Ascendas-Singbridge acquisition by end-June
CapitaLand said Monday it’s set to complete its Ascendas-Singbridge acquisition by end-June, and will set up a business structure.
Fraser and Neave invests S$115 million into JVs for Starbucks Thailand deal
Fraser and Neave has injected around S$114.84 million into two JVs to facilitate the acquisition of Starbucks Thailand, the beverage maker said Friday.
CapitaLand to inject two Shanghai office buildings into real-estate equity fund
CapitaLand said Friday it entered a deal to divest its interest in Innov Center in Shanghai to its discretionary real-estate equity fund CAP I.
Singapore share buybacks Thursday: DBS, OCBC, Japfa, China Sunsine
These are Singapore companies which announced share buybacks on Thursday, 23 May 2019: DBS, OCBC, Japfa and China Sunsine Chemical.
Fraser and Neave ties up with Maxim’s to acquire Starbucks Thailand
F&N said Thursday it tied up with Maxim’s Caterers to acquire Starbucks Coffee (Thailand) in a move to enter Thailand’s retail coffee market.
DBS: Thai Beverage’s recovery is on track
DBS said it was sticking with its Buy call on Thai Beverage despite its shares’ strong rally and despite a drop in second quarter net profit.
Thai Beverage downgraded by OCBC on ‘more muted’ spirits outlook
OCBC downgraded Thai Beverage to Hold from Buy after the stock runup and pointed to “tempered” expectations for the spirits business.
Singapore share buybacks Friday: Kimly, Japfa
These are Singapore companies which announced share buybacks on Friday, 10 May 2019: Kimly and Japfa.
Thai Beverage reports fiscal 2Q net profit fell around 9 percent
Thai Beverage reported Friday its fiscal 2Q net profit fell 8.6% to 6.76B Thai baht on lower net profit from the spirits, food and F&N/FPL businesses.
UPDATE: Singapore stocks to watch Friday: OCBC, Genting Singapore, SGX, SATS, OUE C-REIT
These are Singapore companies which may be in focus Friday, 10 May 2019: Genting Singapore, SGX, SATS, OUE Commercial REIT and Ascendas Hospitality Trust.
Singapore share buybacks Thursday: Keppel REIT, Kimly, Japfa
These are Singapore companies which announced share buybacks on Thursday, 9 May 2019: Keppel REIT, Japfa and Kimly.
CapitaLand Mall Trust’s Funan office towers at 98 percent commitment
The newly redeveloped Funan mall’s two office towers have reached 98 percent pre-leasing commitment, CapitaMall Trust said in a filing to SGX Wednesday.
UPDATE: Singapore stocks to watch Tuesday: SingPost, BreadTalk, Hyflux, Koufu, SGX, China Jinjiang
These are Singapore companies which may be in focus on Tuesday, 7 May 2019: BreadTalk, Hyflux, Koufu, SGX and China Jinjiang Environment.
