Straits Times Index to add Mapletree Logistics Trust, cut Golden Agri
After the quarterly review, the STI will remove Golden Agri as a constituent and add Mapletree Logistics Trust, FTSE Russell said Thursday.
Vietnam
Singapore stocks to watch Thursday: Mapletree North Asia, Keppel REIT, Sembcorp, F&N, SGX, Eagle H-Trust
These are companies which may be in focus on Thursday, 5 Dec. 2019: Mapletree North Asia Commercial Trust, Keppel REIT, Sembcorp, F&N, SGX and Eagle H-Trust.
UOB Asset Management enters deal to acquire around 25 percent of VAM VN
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.
Thai Beverage: Talks on listing beer business at ‘exploratory’ stage
Thai Beverage is evaluating strategic proposals, including a potential listing of its beer business, the Chang beer maker said in a filing to SGX.
Fraser and Neave increases investment in Emerald Brewery Myanmar
Fraser and Neave said Wednesday it subscribed for an additional 4.69M new shares in Emerald Brewery Myanmar at US$1 each for a total of US$4.69M.
UPDATE: Singapore stocks to watch Wednesday: OCBC, SGX, Hyflux, ST Engineering, Singtel, Kimly, JUMBO
These are Singapore companies which may be in focus on Wednesday, 27 November 2019: OCBC, SGX, Hyflux, ST Engineering, Mapletree Logistics Trust and JUMBO.
UPDATE: Singapore stocks to watch Tuesday: Olam, SGX, Frasers Hospitality, ThaiBev, SIIC Environment
Singapore stocks which may be in focus on Tuesday, 25 November 2019: SGX, Frasers Hospitality Trust, ThaiBev, SIIC Environment, Pine Capital and MindChamps.
Thai Beverage reports fiscal year net profit climbed 33 percent
Thai Beverage reported Friday its full year net profit climbed 33 percent on-year to 26.08 billion baht on higher contributions from spirits and beer.
Mapletree Logistics Trust lands S$200 million sustainability-tied loan
Mapletree Logistics Trust obtained a S$200M sustainability-tied loan from OCBC, the trust’s first foray into sustainable financing, the trust said Thursday.
UPDATE: Singapore stocks to watch Thursday: CapitaLand, CityDev, Valuetronics, Yanlord, OKP
These are Singapore companies which may be in focus on Thursday, 21 November 2019: CapitaLand, City Developments, Valuetronics, Yanlord Land and OKP.
UDPATE: Singapore stocks to watch Friday: Singtel, Sembcorp, F&N, CapitaLand, Old Chang Kee, Ezion
These are Singapore companies which may be in focus on Friday, 14 November 2019: Singtel, Sembcorp Industries, F&N, Old Chang Kee, CapitaLand and Sunvic.
Fraser and Neave reports fiscal year net profit climbed 24 percent
Fraser and Neave reported Thursday its fiscal full year net profit increased 23.5 percent on-year to S$152.56 million on higher soft drink and dairy sales.
UPDATE: Singapore stocks to watch Wednesday: SembMarine, BreadTalk, SATS, CityDev, Yanlord Land, Cromwell European REIT, Swiber, Koufu
These are Singapore companies which may be in focus on Wednesday, 13 Nov. 2019: SATS, CityDev, Yanlord Land, Sembcorp, Cromwell European REIT and BreadTalk.
UPDATE: Singapore stocks to watch Monday: DBS, ST Engineering, Keppel, CapitaLand, Far East Orchard, Venture, Yoma
These are Singapore companies which may be in focus on Monday, 11 November 2019: Keppel, CapitaLand, Venture, Far East Orchard, Yoma and Nordic.
Keppel breaks ground on Saigon Sports City township project
Keppel said it broke ground Friday on its Saigon Sports City project, a 64-hectare site to be developed into a township in Ho Chi Minh City’s district 2.
UPDATE: Singapore stocks to watch Friday: GENS, SPH REIT, Dairy Farm, ThaiBev, LMIRT, EC World REIT, Maxi-Cash
These are Singapore companies which may be in focus on Friday, 8 November 2019: Genting Singapore, SPH REIT, SIA, Dairy Farm, Thai Beverage and LMIRT.
UPDATE: CapitaLand 3Q19 net profit fell 8 percent on lower portfolio gains
CapitaLand reported Tuesday its 3Q19 net profit fell 7.8% on-year to S$333.93M, mainly on lower portfolio gains, partly offset by higher operating profit.
CapitaLand-CityDev Sengkang Grand development meets strong demand
Sengkang Grand Residences, a joint project between CapitaLand and CityDev, met with strong demand on its launch weekend, the developers said Sunday.
UPDATE: Ascendas REIT to acquire 30 business park properties in US, Singapore from CapitaLand for S$1.66 billion
Ascendas REIT said Friday it entered a deal to acquire 28 U.S. business park properties in the U.S. and two in Singapore for S$1.66 billion from CapitaLand.
UPDATE: Singapore stocks to watch Friday: UOB, Keppel, Yangzijiang, Ascott REIT, AA REIT, Hi-P, POSH
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.
Ascott Residence Trust divests stake in Somerset West Lake Hanoi property
Ascott Residence Trust said Thursday it has divested its stake in the Somerset West Lake Hanoi serviced residence property in Vietnam.
CapitaLand and City Developments set to preview Sengkang Grand Residences project
CapitaLand and City Developments said Wednesday the preview of their Sengkang Grand Residences project’s sales gallery will begin Friday.
UPDATE: Mapletree Logistics Trust private placement meets strong demand, prices at top of range
Mapletree Logistics Trust said Wednesday its private placement of 154.61M new units met with strong demand and priced at the top of its indicative range.
Keppel shares surge after Temasek makes partial bid
Keppel’s shares surged Tuesday after Temasek launched a S$7.35 a share bid to increase its stake in the property and rig building conglomerate.
Mapletree Logistics Trust launches private placement to raise around S$250 million
Mapletree Logistics Trust launched a private placement of 154.61 million to 158.33 million new units to raise around S$250 million, the REIT said Tuesday.
Mapletree Logistics Trust reports fiscal 2Q net property income rose 21 percent
Mapletree Logistics Trust reported Monday its fiscal 2Q net property income rose 21% on-year to S$109.13M, coming in slightly ahead of a Daiwa forecast.
Mapletree Logistics Trust enters deal to acquire 7 properties for around S$384 million
Mapletree Logistics Trust said Monday it plans to acquire seven logistics properties across Malaysia, Vietnam and China for around S$383.9 million.
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.
Valuetronics sets up subsidiary to expand Vietnam operations
Valuetronics said Thursday it set up a subsidiary in Vietnam to expand its operations in the country as it shifts some manufacturing out of China.
CapitaLand issues S$500 million fixed-rate perpetual notes
CapitaLand said Thursday it has issued S$500 million in fixed-rate subordinated perpetual notes, which had previously priced at 3.65 percent.
UOB enters Vietnam joint venture with VIG to develop loyalty-program services
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.
Singapore stocks to watch Friday: Dyson, CapitaLand, SPH REIT, ESR-REIT, Accordia Golf, Q&M
These are Singapore companies which may be in focus on Friday, 11 October 2019: Dyson, CapitaLand, SPH REIT, ESR-REIT, Accordia Golf Trust and Q&M Dental.
CapitaLand prices S$500 million fixed-rate perpetual notes
CapitaLand priced S$500 million fixed-rate perpetual notes at 3.65 percent, with the issue date set for 17 October, the property developer said Thursday.
CapitaLand plans to more than double India assets under management to S$7B by 2024
CapitaLand plans to increase its assets under management in India to S$7B by 2024, more than double the current level, the property developer said Tuesday.
Boustead Projects JV to acquire Singapore industrial building for S$77 million
Boustead Projects’ 51%-owned joint venture, BP-TPM, entered a deal to acquire a Singapore industrial property for S$77.4 million, the company said Tuesday.
UPDATE: Singapore stocks to watch Monday: Keppel, ThaiBev, SATS, CityDev, OUE, Keppel Infrastructure
These are Singapore companies which may be in focus on Monday, 30 September 2019: Keppel, CityDev, Keppel Infrastructure Trust, OUE and Thai Beverage.
CapitaLand’s Ascott to acquire Sydney serviced-residence property for S$192 million
CapitaLand’s lodging unit The Ascott is acquiring a serviced residence property in North Sydney, Australia, for S$192 million, the company said Thursday.
UPDATE: ThaiBev associate F&N’s Myanmar brewery to produce Chang Lager Beer
Fraser and Neave said Wednesday production of Chang Lager Beer was beginning at its Emerald Brewery Myanmar after an around US$70 million investment.
Capital Group ends run as substantial shareholder of Thai Beverage
The Capital Group Cos., or CGC, said Tuesday it ceased to be a substantial shareholder of Thai Beverage, with its deemed interest falling to 4.949 percent.
Sembcorp enters JV with Becamex and VSIP for sustainable energy services in Vietnam
Sembcorp said Tuesday it entered a joint venture deal with Becamex and VSIP to introduce sustainable smart energy services to Vietnam.