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ARA Asset Management
Broker's Calls
Straits Trading stands tall with majority stake in ARA Asset Management
SINGAPORE (May 17): OCBC Investment Research is maintaining its “buy” call on Straits Trading Company with an unchanged fair value estimate of $2.73, after it posted 1Q results which the research house deems to mark a “firm start to the year” for
May 17, 2017
In print this week
Will the Singapore stock market continue to shrink?
SINGAPORE (May 5): Large corporations, private-equity players and even controlling shareholders are snapping up locally-listed companies.
May 05, 2017
Property
ARA Asset Management said to mull purchase of Sydney CBD tower
SINGAPORE (May 4): ARA Asset Management, the Singapore manager of REITs, is said to be eyeing the purchase of 320 Pitt Street, a major tower located in Sydney’s central business district which is being sold by a fund managed by Propertylink Group.
May 04, 2017
Broker's Calls
CWT takeover could speed up asset injection into Cache Logistics Trust
SINGAPORE (April 11): CIMB is sticking to its “reduce” call on Cache Logistics Trust with 71 cents target price as it stays cautious on the logistics sector due to strong completions in 2017.
April 11, 2017
Broker's Calls
Straits Trading started at ‘buy’ with $2.73 fair value by OCBC
SINGAPORE (April 10): OCBC is starting coverage on Straits Trading Co. with a “buy” rating and fair value of $2.73, given the group has developed a solid track record in creating value for shareholders while providing a stable dividend yield.
April 10, 2017
Results
ARA Asset Management 4Q earnings falls 28% to $18.5 mil
SINGAPORE (Feb 9): REIT management company ARA Asset Management posted 28% lower earnings of $18.5 million in 4Q, from $25.6 million a year ago.
February 09, 2017
ARA major shareholder in 'irrevocable' undertaking to vote in favour of buyout
SINGAPORE (Dec 5): ARA Asset Management, which is going through a buyout offer made by a consortium including its founder, has received support from major shareholder Franklin Templeton.
December 05, 2016
Could ARA privatisation deal be first casualty of China's new foreign acquisition rules?
SINGAPORE (Nov 28): The privatisation of ARA Asset Management by Warburg Pincus, AVIC Trust, Straits Trading and ARA’s founder John Lim, could see a major setback as China’s State Council is due to announce new measures over the review of overseas dea
November 28, 2016
Results
Straits Trading swings back to black in 3Q
SINGAPORE (Nov 11): Straits Trading Company posted earnings of $16.8 million in 3QFY16, compared with net losses of $7 million in 3QFY15.
November 11, 2016
Stocks To Watch
ARA Asset, CapitaLand, Frasers Centrepoint, NeraTel, Trendlines
SINGAPORE (Nov 9): Here are some factors and stocks that could move the market this Wednesday morning:
November 09, 2016