2Q17

SINGAPORE (July 17):  The trustee-manager of Keppel Infrastructure Trust (KIT) has declared a distribution per unit (DPU) of 0.93 cent for the second quarter ended June, bringing total DPU to 1.86 cents for 1H17.

SINGAPORE (July 7): CIMB Research is maintaining its “add” recommendation on Thai Beverage (ThaiBev) with an unchanged target price of $1.07.

SINGAPORE (April 28): The managers of Frasers Hospitality Trust (FHT) have posted a distribution per stapled security (DPS) of 1.2063 cents, down 9.1% on-year from 1.3274 cents in 2Q16  due to the enlarged stapled security base post-rights issue.

SINGAPORE (April 7): Triyards Holdings recorded a loss after tax of US$4.2 million ($5.9 million) and US$6.3 million in 1H17 and 2Q17 ended Feb after making a total allowance of US$8.4 million in doubtful receivables.

SINGAPORE (March 1): Business outlook for 2Q17 has rebounded into positive territory following a negative outlook the preceding quarter, according to the Singapore Commercial Credit Bureau (SCCB)’s latest Business Optimism Index (BOI) survey.

SINGAPORE (Feb 15): CIMB Research is maintaining its “add” call on Croesus Retail Trust (CRT) with an unchanged target price of 98 cents, following a strong quarter where the REIT reported a 5.2% DPU increase to 1.81 cents for 2Q17.

SINGAPORE (Feb 14): Croesus Retail Trust (CRT) has announced a distribution per unit (DPU) of 1.81 cents for 2Q17 ended Dec 31.

SINGAPORE (Feb 13): New Silkroutes Group (NSG), previously known as Digiland International, posted a decline in its losses to US$0.3 million ($0.4 million) for the second quarter ended Dec 31, a 37% improvement from its losses of US$0.5 million in 2Q16.

SINGAPORE (Feb 2): Lifting service provider Sin Heng Heavy Machinery has announced $1 million in earnings for the quarter ended Dec 31, a 39.9% decline from the earnings of $1.8 million reported a year ago.

SINGAPORE (Feb 8): Avi-Tech Electronics reported earnings of $1.79 million for the second quarter ended 31 Dec, up 6.4% from $1.68 million a year ago on higher revenue.