Welcome!
expansion
Broker's Calls
Only time will tell if Singapore’s healthcare players can expand successfully
SINGAPORE (April 20): OCBC Investment Research is remaining “neutral” on Singapore’s healthcare sector on the observation that China remains an attractive choice for growth among local private healthcare companies despite challenges abound.
April 20, 2017
CapitaLand continues to deliver balanced results in an uncertain environment
SINGAPORE (March 30): OCBC Investment Research is maintaining its “buy” call on CapitaLand Limited, raising its fair value estimate on the stock from $3.68 to $3.93 after recent news broke on the group’s developments in Vietnam and Singapore.
March 30, 2017
Money, not legacy, makes Singapore’s family businesses go round
SINGAPORE (March 29): A growing number of Singapore’s homegrown enterprises are becoming increasingly practical such that the traditional family business model may be going extinct, suggests new research jointly conducted by KPMG and CPA Australia.
March 29, 2017
M&A
Mapletree acquires Oakwood Worldwide, appoints new Oakwood CEO
SINGAPORE (Feb 17): Mapletree Investments has acquired Oakwood Worldwide, a US-based provider of housing and serviced apartment solutions, for an undisclosed sum.
Read more at: http://www.dealstreetasia.com/stories/65220-65220/
a real estate devel
February 17, 2017
OTC Global expands into Asia Pacific with Singapore office
SINGAPORE (Jan 29): OTC Global Holdings (OTCGH), the interdealer commodities broker, today announced the establishment of its new Asia office in Singapore, OTC Asia.
January 31, 2017
Trump tweets about nuclear weapons, raising questions and fears
PALM BEACH, Fla./WASHINGTON (Dec 22): President-elect Donald Trump called for an expansion of the United States' nuclear capabilities on Thursday, in a tweet that alarmed nonproliferation experts who said that a boost to the US arsenal could fuel glob
December 23, 2016
Alibaba Cloud expands global footprint with 4 new data centres
SINGAPORE (Nov 21): Alibaba Cloud, the cloud computing arm and a business unit of China’s Alibaba Group, says it aims to open four new data centres by end-2016 in the Middle East, Europe, Australia and Japan.
November 21, 2016
Broker's Calls
Din Tai Fung JV a ‘favourable addition’ to BreadTalk
SINGAPORE (Nov 17): RHB is maintaining its “buy” rating on BreadTalk Group with a target price of $1.45, while expressing confidence in the group’s ability to venture into the UK market with the Din Tai Fung chain of restaurants.
November 17, 2016
BreadTalk partners Din Tai Fung franchise owner in UK expansion
SINGAPORE (Nov 17): BreadTalk Group says its wholly-owned indirect subsidiary Taster Food UK (TFUK) has entered into an agreement with Fairy Rise Development, the franchise owner of the Din Tai Fung brand of restaurants, for the franchise right to operate
November 17, 2016
Results
Riverstone’s 3Q earnings drop 16% to $7 mil
SINGAPORE (Nov 9): Riverstone Holdings has reported earnings of RM20.8 million ($6.8 million) for 3QFY16, a 15.6% decrease from the earnings of RM35.3 million in 3QFY15.
November 09, 2016