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earnings
Results
SGX posts higher 1Q earnings, revenue after organisational revamp
SINGAPORE (Oct 24): Following a realignment of its organisational structure and businesses in July, the Singapore Exchange reported a positive set of results ended 1Q19 ended Sept 30.
October 25, 2019
Results
Mapletree Industrial Trust posts 4% rise in 2Q DPU on revenue contribution from new projects
SINGAPORE (Oct 23): The manager of Mapletree Industrial Trust (MIT) has announced a 4.0% rise in distribution per unit (DPU) to 3.13 cents for the 2Q19/20 ended September, compared to DPU of 3.01 cents a year ago.
October 23, 2019
Results
Suntec REIT reports 5.1% drop in 3Q DPU to 2.365 cents on lower capital distribution
SINGAPORE (Oct 23): The manager of Suntec Real Estate Investment Trust (Suntec REIT) has announced distribution per unit (DPU) of 2.365 cents for the 3Q19 ended September, some 5.1% lower than DPU of 2.491 cents in 3Q18.
October 23, 2019
Results
CapitaLand Commercial Trust posts flat 3Q DPU of 2.20 cents
SINGAPORE (Oct 23): The manager of CapitaLand Commercial Trust (CCT) has announced distribution per unit (DPU) of 2.20 cents for the 3Q19 ended September, unchanged from a year ago.
October 23, 2019
Results
Frasers Centrepoint Trust posts 1.8% increase in 4Q DPU to 2.913 cents
SINGAPORE (Oct 23): The manager of Frasers Centrepoint Trust (FCT) has announced distribution per unit (DPU) of 2.913 cents for the 4Q19 ended September, some 1.8% higher than DPU of 2.862 cents a year ago.
October 23, 2019
Equity raising
Mapletree Logistics Trust launches private placement to raise $250 mil for acquisition of 7 properties
SINGAPORE (Oct 22): The manager of Mapletree Logistics Trust (MLT) has announced a proposed private placement to raise gross proceeds of around $250.0 million to help fund the trust’s proposed acquisition of seven logistics properties in Malaysia, Vietn
October 22, 2019
Results
CapitaLand Mall Trust posts 4.8% rise in 3Q DPU to 3.06 cents
SINGAPORE (Oct 21): The manager of CapitaLand Mall Trust (CMT) has announced distribution per unit (DPU) of 3.06 cents for the 3Q19 ended September, some 4.8% higher than DPU of 2.92 cents a year ago.
October 21, 2019
Investing ideas
Analysts stay lukewarm as Soilbuild REIT misses 3Q estimates
SINGAPORE (Oct 21): Analysts are remaining lukewarm on Soilbuild Business Space REIT, after the business park and industrial property trust saw its 3Q19 results come in below expectations.
October 21, 2019
Results
SPH reports 23.4% drop in FY19 earnings to $213.2 mil; announces plans to cut 5% of media staff
SINGAPORE (Oct 17): Singapore Press Holdings (SPH) is looking to cut 5% of staff from its media group as print revenue continues to slide. Following a review of its media business, SPH says it will be restructuring and streamlining its media and magazines
October 17, 2019
Broker's Calls
Analysts bullish on more acquisitions to boost Keppel DC REIT after 3Q results in line with expectations
SINGAPORE (Oct 17): Analysts believe that Keppel DC REIT could turn to more new acquisition to seek growth, after the data centre trust posted 3Q19 results that were in line with expectations.
October 17, 2019