Welcome!
Covid-19
Broker's Calls
PhillipCapital positive on ART as it expands investment strategy with new asset class
PhillipCapital has maintained a “buy” call and target price of $1.17 on Ascott Residence Trust despite a weaker 2HFY2020
February 03, 2021
Property
Singapore property firms face setback as workers stay at home
Prime grade office rents in the Raffles Place and Marina Bay precincts shrank about 10% in 2020.
February 03, 2021
Budget 2021
Singapore's Budget 2021 to support a smooth economic recovery; fiscal deficit likely to be smaller: Maybank Kim Eng
What is to come in Budget 2021?
February 02, 2021
Results
Elite Commercial REIT posts 2H20 DPU of 2.49 pence, 2.9% higher than IPO forecast
Payment of the distribution is expected to be made on March 19.
February 01, 2021
Results
SIA Engineering reports 85.7% lower 3Q20/21 net profit of $7.7 mil; cushioned by JSS
Without support te government, the group would have reported a loss of $44.7 million for the 3QFY2020/2021.
January 29, 2021
Broker's Calls
DBS raises target price for iFast to $6.40 from $3.96
Ling expects iFAST's AUA to grow 30% this yea
January 29, 2021
Tech
Tech Titan
A speech by the late Prime Minister Lee Kuan Yew set Rachel Ler, the GM of Commvault, on a career path in technology.
January 29, 2021
Results
Mapletree North Asia Commercial Trust reports higher gross revenue, NPI for 3Q20/21
Net property income (NPI) for the quarter stood 49% higher y-o-y to $75.7 million.
January 28, 2021
Covid-19
Pfizer to deliver US vaccine doses by end May
Pfizer and BioNTech are also developing booster shots that can protect against various Covid mutations.
January 27, 2021
Property
Ascott Residence Trust acquires first student accommodation asset in US for US$95 mil
The accretive acquisition will increase the pro forma FY2020 distribution per stapled security (DPS) by some 4.4%.
January 27, 2021