Venture capital player Circulate Capital launches US$106M fund for tackling ocean plastic
Singapore-based venture capital fund manager Circulate Capital has launched a US$106 million fund devoted to addressing plastic waste in Asia.
Water
China Everbright lands two waste-water treatment projects
China Everbright Water said Monday it obtained two waste-water treatment projects, one in Liaoning Province and the other in Shandong Province, with an around CNY279M.
China Everbright Water seeks OK to issue asset-backed securities in Shanghai
China Everbright Water said Thursday it has applied to the Shanghai Stock Exchange for a possible issuance of asset-backed securities.
Hyflux agrees to restructuring deal, with Utico to invest up to S$400 million
Hyflux has agreed to a restructuring deal, with Utico FZC to pay S$300 million for new shares representing 95 percent of the troubled water company.
SIIC Environment obtains approval to build Shanghai waste-treatment project
SIIC Environment obtained approval to be the project company for the Baoshan Renewable Energy Utilization Center Project, the company said Monday.
UPDATE: Singapore stocks to watch Friday: Mapletree Logistics, OCBC, SGX, Halcyon Agri, ST Engineering, UOB
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.
Temasek: These are the big themes in our agriculture and food investments
Temasek started its agriculture and food investments with three key concerns: Food security, energy security and water security, CEO Pillay said Wednesday.
UDPATE: Singapore stocks to watch Thursday: Temasek, YZJ, ComfortDelGro, SPH, Olam, Keppel, Yoma, Eagle Hospitality
These are Singapore companies which may be in focus on Thursday, 14 Nov. 2019: Temasek, Yangzijiang, ComfortDelGro, Olam, Keppel and Eagle Hospitality Trust.
Survival of the nimblest? How one Singapore O&M player thrived despite a sector shakeout
Singapore’s O&M services industry has taken a battering since oil tumbled off peaks over US$100 a barrel oil. But Nordic has managed to thrive.
Nordic Group reports 3Q19 net profit fell 12 percent
Nordic Group reported Friday its third quarter net profit fell 12 percent on-year to S$2.93 million on lower revenue and lower margins.
Citic Envirotech gets pre-conditional exit offer to delist company
CKM (Cayman) said Wednesday it has made a pre-conditional exit offer of S$0.55 a share for all of Citic Envirotech in connection with a proposed delisting.
Hyflux: Still in talks with Utico on key terms for restructuring deal
Hyflux said Wednesday it remained in negotiations on the key commercial terms for any restructuring agreement it might sign on Utico’s proposed investment.
China Everbright Water lands two waste-water treatment projects in Shandong
China Everbright Water said Monday it landed two waste-water treatment projects in Shangdong Province with a total investment of around CNY396M.
UPDATE: Singapore stocks to watch Monday: Ascendas REIT, palm oil, CityDev, IREIT, OCBC, Lendlease REIT, SingPost
These are Singapore companies which may be in focus Monday, 4 November 2019: Ascendas REIT, CityDev, IREIT, OCBC and Lendlease Global Commercial REIT.
SATS enters deal with Sembcorp Industries to improve sustainability, install solar panels
SATS has entered a deal with Sembcorp to reduce its environmental footprint, in part via installiing rooftop solar panels, the two companies said Tuesday.
Citic Envirotech swings to 3Q19 net loss on lower contributions from engineering business
Citic Envirotech reported Thursday a 3Q19 net loss of S$4.0M, from a year-earlier net profit of S$23.86M, on higher expenses and lower engineering revenue.
Utico says to lower bid for Hyflux if deal isn’t signed by next week
Utico FZC said Thursday it would lower its bid for Hyflux to S$200 million to the senior unsecured creditors and a S$100 million shareholder loan if a deal isn’t signed by early next week.
UPDATE: Singapore stocks to watch Thursday: CapitaLand, CityDev, AA REIT, ST Engineering, Hyflux
These are Singapore companies which may be in focus on Thursday, 24 October 2019: CapitaLand, City Developments, AIMS APAC REIT, ST Engineering and Hyflux.
UPDATE: Singapore stocks to watch Thursday: Lendlease Global REIT, Citic Envirotech, Sunvic, Spackman, Rex
These are Singapore companies which may be in focus on Thursday, 3 October 2019: Lendlease Global Commercial REIT, Sunvic, Citic Envirotech and Spackman.
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 Thursday: Lendlease Global REIT, F&N, ThaiBev, KIT, GuocoLand, Wilmar
These are Singapore companies which may be in focus on Thursday, 26 September 2019: Lendlease Global Commercial REIT, F&N, Thai Beverage and GuocoLand.
UPDATE: Singapore stocks to watch Wednesday: ThaiBev, Keppel, Sembcorp, Perennial, Cromwell REIT
These are Singapore companies which may be in focus on Wednesday, 25 September 2019: Thai Beverage, Keppel, Sembcorp Industries and Jardine C&C.
UPDATE: Singapore stocks to watch Thursday: MUST, SingPost, Frasers Logistics, Soilbuild REIT, TEE
These are Singapore companies which may be in focus on Thursday, 19 September 2019: FLT, Soilbuild REIT, Ascendas REIT, City Developments and TEE International.
Citic Envirotech in deal with KBM to build desalination project
Citic Envirotech has entered a construction and cooperation deal with KBM for a desalination plant in Kazakhstan, the company said Monday.
UPDATE: Singapore stocks to watch Monday: Keppel Pacific Oak, Frasers Centrepoint, Sembcorp, TEE
These are Singapore companies which may be in focus on Monday, 9 Sept 2019: Keppel Pacific Oak US REIT, Frasers Centrepoint Trust, Sembcorp and Singtel.
ESR-REIT leases space at 8 Tuas Lane, lowering dependence on Hyflux tenancy
ESR-REIT said Thursday it has leased around 168,846 square feet of space at 8 Tuas South Lane in a deal lessening the REIT’s dependence on troubled Hyflux.
Hyflux says still finalizing agreement for Utico investment
Hyflux indicated late Wednesday it hasn’t signed a definitive agreement with Utico for an investment, pending resolution on some outstanding issues.
Citic Envirotech lands two projects in Sichuan Province
Citic Envirotech said Wednesday it secured two build-own-transfer projects in Sichuan Province, with a total investment value of 1.69 billion yuan.
China Everbright Water lands projects in Jiangsu and Shandong
China Everbright Water said Tuesday it signed two waste-water treatment projects, one in Shandong Province and the other in Jiangsu Province.
Utico says it signed deal to invest in Hyflux
U.A.E.-based infrastructure player Utico FZC said early Tuesday it signed a restructuring agreement to take an 88 percent stake in troubled Hyflux.
Hyflux: To negotiate exclusively with potential investor Utico FZC
Hyflux said Friday it will negotiate exclusively with Utico FZC until the developer’s 26 August deadline to reach a definitive agreement for an investment.
China Everbright Water reports 1H19 net profit rose 13 percent
China Everbright Water reported Tuesday its 1H19 net profit rose 13% on-year to HK$420.49M on more higher margin projects.
UPDATE: Singapore stocks to watch Thursday: SIA, SGX, Singtel, Hyflux, Stamford Land, No Signboard
These are Singapore stocks which may be in focus on Thursday, 1 August 2019: SIA, SGX, Hyflux, Singtel, Stamford Land, No Signboard and Soilbuild.
UPDATE: Singapore stocks to watch Wednesday: CRCT, Frasers Hospitality Trust, CapitaLand, Starhill Global REIT
These are Singapore companies which may be in focus on Wednesday, 31 July 2019: CRCT, Frasers Hospitality Trust, CapitaLand, Starhill Global REIT and F&N.
Citic Envirotech reports 2Q19 net profit dropped 66 percent
Citic Envirotech reported Wednesday its 2Q19 net profit dropped 65.6% on-year to S$14.99 million as engineering revenue and membrane system sales fell.
Hyflux clarifies size of potential investment from Utico
Hyflux said Wednesday it sought clarification from Utico after media reports emerged with conflicting valuations for the UAE-based company’s investment.
Koh Brothers Eco JV lands S$668 million contract for Tuas Water Reclamation Plant
A JV between Koh Brothers Eco and China Harbour (Singapore) Engineering has obtained a S$668.2M contract from PUB, the Singapore company said Monday.
Utico and Hyflux reach deal with total S$400 million investment
Troubled water infrastructure player Hyflux said Thursday it reached a deal for Utico FZC to make a S$300 million equity investment and a S$100 million loan.
UPDATE: Singapore stocks to watch Tuesday: SembMarine, Temasek, Frasers Property, Prime US REIT
These are Singapore companies which may be in focus on Tuesday, 9 July 2019: SembMarine, Temasek, Frasers Property and Prime US REIT.
China Everbright Water lands three environmental protection projects
China Everbright Water obtained three environmental protection projects requiring a total investment of around CNY340M, the water infrastructure player said Thursday.