logistics

SINGAPORE (Aug 3): Singapore Post (SingPost) reported 1Q FY18/19 earnings of $18.7 million, down 40.4% from $31.4 million a year ago due to an exceptional fair value loss on warrants from an associated company as well as higher tax expenses.

SINGAPORE (Aug 2): Thakral Corporation reported a 50% rise in 1H18 earnings to $4 million compared to its earnings of $2.7 million a year ago. This came on the back of strong revenue growth from both its core businesses, investment and lifestyle.  

SINGAPORE (July 27): DBS Vickers Securities is maintaining its “buy” call on Ascendas REIT (A-REIT) with an unchanged target price of $3 on news of the trust’s first foray into Europe with its plans to acquire a portfolio of 12 UK logistics properti

SINGAPORE (June 21): OCBC Investment Research is maintaining its “buy” call on Mapletree Logistics Trust (MLT) with a lower fair value estimate of $1.34 compared to $1.44 previously, after raising its discount rate assumption to 8.2% from 7.8%.

SINGAPORE (June 7): OCBC Investment Research is maintaining its “buy” call on Hutchison Port Holdings Trust (HPHT) with a lower fair value of 37.5 US cents compared to 43 US cents previously after updating beta assumptions, which has resulted a higher

SINGAPORE (Apr 30): OCBC Investment Research is maintaining its “buy” recommendation on Mapletree Logistics Trust (MLT) with a lower fair value of $1.44 from $1.48 previously to account for a lower distribution of divestment gains from 7 Tai Seng Driv

SINGAPORE (Apr 20): As global growth takes off and technology reshapes the economies of Singapore and the rest of Southeast Asia, demand for logistics properties is shifting.

SINGAPORE (Apr 19): Park N Parcel (PNP), a last-mile logistics start-up under NUS Enterprise’s portfolio, concluded its Mar 2018 seed round investment with $850,000 of seed funding led by Far East Ventures-backed Tri5 Ventures and a group of angel inves

SINGAPORE (Apr 18): Integrated e-trade solutions provider vCargo Cloud (VCC), a portfolio company of DeClout, is acquiring a 60%-stake in Indonesian integrated logistics player PT Gatotkaca Trans Systemindo (GTS) for US$0.85 million ($1.1 million).

SINGAPORE (Apr 16): Soochow CSSD Capital Markets is starting coverage of EC World REIT at “buy” with a price target of 88 cents on the belief that the trust is well-positioned to benefit from China’s growing e-commerce market, to which its currently