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New acquisitions could bode well for CapitaLand Retail China Trust
SINGAPORE (Aug 8): Units in CapitaLand Retail China Trust (CRCT) have fallen 6% over the past two weeks. From a 52-week peak of $1.63 in late July, the counter shed 10 cents to close at $1.53 on Aug 7. And the downtrend does not seem to have finished runn
August 08, 2019
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SGX shares could soon be running out of positives despite record FY19 earnings
SINGAPORE (Aug 7): On the back of its booming derivatives business, Singapore Exchange (SGX) posted its highest full-year net profit in 11 years.
August 07, 2019
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SIA on lookout for softening demand as Scoot, SilkAir issues drag on
SINGAPORE (Aug 7): Singapore Airlines is worried about the weakening global economy, which in the past had portended a softening of business travel demand and yields, the airline told analysts in its 1Q results briefing on Aug 1.
August 07, 2019
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Will OCBC's interim dividend surprise be enough to snare investors?
SINGAPORE (Aug 6): Oversea-Chinese Banking Corporation (OCBC Bank) surprised market observers with a higher-than-expected interim dividend payout of 25 cents per share for the 1H19 ended June, 25% higher than a year ago.
August 06, 2019
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Will Hongkong Land be able to withstand weakening office space demand?
SINGAPORE (Aug 6): Hongkong Land, the property group which is a member of the Jardine group, reported a 63% fall in 1H19 earnings ended June to US$411 million ($568 million) from US$1.1 billion in 1H18.
August 06, 2019
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Lady Luck smiles on Genting Singapore in 2Q but will it be enough to turn the tables?
SINGAPORE (Aug 6): Genting Singapore (GENS) did not disappoint consensus estimates in the 2Q19 ended June. But it remains to be seen how the integrated resort and casino operator will deal with a challenging mass market business, which saw a considerable
August 06, 2019
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Ascendas India Trust in sweet spot to ride India's IT, logistics boom
SINGAPORE (Aug 1): Riding on the fast growing IT and logistics industries in India, Ascendas India Trust (a-iTrust) is expecting rentals in Bangalore and Hyderabad’s IT Corridor I to increase over the next few quarters on the back of sustained demand.
August 01, 2019
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MLT outlook turns cautious amid macro uncertainties
SINGAPORE (July 25): Mapletree Logistics Trust (MLT) listed on the Singapore Exchange (SGX) in July 2005, with just 15 Singapore-based properties in its IPO portfolio.
July 25, 2019
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Can Keppel DC REIT deliver the acquisitions needed to keep premium valuations?
SINGAPORE (July 22): Keppel DC REIT, the first pure-play data centre REIT listed in Asia, has seen its shares climb some 28% so far this year on the back of the global boom in data centres.
July 22, 2019