Singapore stocks to watch Wednesday: Fund manager survey, Sembcorp, SGX, CapitaLand, Hyflux
These are Singapore companies which may be in focus Wednesday, 19 June 2019: BofA-ML fund manager survey, Sembcorp Industries, SGX, CapitaLand and Hyflux.
Water
Hyflux receives new non-binding offer for potential investment
Hyflux said late Friday it has received another non-binding letter of intent for a potential investment, with preliminary due diligence underway.
China Everbright Water lands two projects in Jiangsu province
China Everbright Water said Thursday it obtained two waste-water treatment projects in Jiangsu province with a total investment of around 503.6M yuan.
UPDATE: Singapore stocks to watch Thursday: Singtel, Swiber, Sembcorp, Frasers Centrepoint, Allied Tech
These are Singapore companies which may be in focus on Thursday, 30 May 2019: Singtel, Swiber, Sembcorp Industries, Frasers Centrepoint and Allied Tech.
Hyflux clarifies meeting with Utico
Hyflux clarified Tuesday that its meeting with last week with potential investor Utico included “no conclusive numbers” or finalised deal.
China Everbright Water obtains Tongxiang drinking water protection project
China Everbright Water landed a drinking-water source project in Zhejiang province, which requires an investment of around 1.253 billion yuan.
UPDATE: Singapore stocks to watch Tuesday: SGX, Keppel REIT, China Everbright Water, Citic Envirotech
These are Singapore companies which may be in focus on Tuesday, 28 May 2019: SGX, Keppel REIT, China Everbright Water and Citic Envirotech.
China Everbright Water lands Nanjing Industrial Waste Water Project Phase II
China Everbright Water said Monday it obtained Nanjing Industrial Waste Water Project Phase II, which requires an investment of around 859 million yuan.
DBS: China Everbright Water’s growth potential is ‘underappreciated’
China Everbright Water’s double-digit pace of earnings growth and attractive valuations signal it is underappreciated by the market, DBS said.
Singapore PUB: Taking over Tuaspring Desalination Plant
Singapore’s national water agency PUB said it will take over Hyflux’s Tuaspring Desalination Plant, after it terminated the water purchase agreement.
China Everbright Water reports 1Q19 net profit rose 16 percent
China Everbright Water reported Wednesday its first quarter net profit increased 16 percent on-year to HK$206.35 million as construction revenue increased.
Hyflux: Potential investor interested in acquiring Algeria and Oman assets
Hyflux said Wednesday it received interest from an investor interested in acquiring certain assets in Algeria and Oman and in the Middle East and North Africa.
Hyflux: Did not enter into binding term sheet with Utico
Hyflux has received a binding offer from UAE-based Utico, but has not accepted or entered into a binding deal, the Singapore water player said Tuesday.
Utico submits binding offer to invest S$400 million in Hyflux: Reuters
Utico provided Hyflux a binding offer for a S$400M investment, Richard Menezes, the CEO of the UAE-based company, said Sunday, Reuters reported.
Hyflux: Oyster Bay Fund weighing investment of up to S$500 million
Hyflux said Friday it received a non-binding letter of intent from Oyster Bay Fund, which proposed an investment of up to S$500 million.
Singapore stocks to watch Wednesday: Keppel, CapitaLand Mall Trust, Swiber, Hyflux, Perennial, Kimly
These are Singapore companies which may be in focus on Wednesday, 8 May 2019: Keppel, Swiber, CapitaLand Mall Trust, Hyflux, Perennial and Kimly.
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.
Hyflux: Received payment demand from BNP Paribas
Hyflux said Monday BNP Paribas sent a letter declaring US$57.73M payable on claims on performance bonds made by the Magtaa desalination plant project company.
KKR-tied 8S Capital makes takeover bid for 800 Super Holdings
KKR-tied 8S Capital Holdings made an offer of S$0.90 a share to take over and delist 800 Super, in a deal valuing the company at around S$160.92 million.
Hyflux: In active talks with UAE-based Utico for possible S$400 million investment
Hyflux revealed Friday UAE-based Utico is the investor which gave a non-binding letter of intent for a possible S$400 million injection and urgent funding.
China Everbright Water obtains Shandong Province waste-water treatment project
China Everbright Water said Tuesday it obtained the Ji’nan East Station Project, which will require an investment of around S$113.10 million.
UPDATE: Singapore stocks to watch Tuesday: Keppel, YZJ, CapitaLand, ART, Ascendas REIT, CityDev
These are Singapore companies which may be in focus on Tuesday, 30 April 2019: Keppel, Yangzijiang, Ascendas REIT and Manulife US REIT.
Citic Envirotech reports 1Q19 net profit tumbled 90 percent on weather delays
Citic Envirotech reported Monday its first quarter net profit dropped 89.5% on-year to S$4.39M on delays in two projects due to “adverse wintry condition.”
UPDATE: Singapore stocks to watch Monday: DBS, Keppel, Mapletree Logistics, Sheng Siong, Hyflux
These are Singapore companies which may be in focus on Monday, 29 April 2019: DBS, Mapletree Logistics Trust, HPHT, Sheng Siong and Hyflux.
Hyflux: Maybank issues demand letter to Tuaspring for nearly S$600 million in payments
Hyflux said Thursday its troubled Tuaspring plant received a letter from Maybank declaring immediately payable nearly S$600 million.
