logistics

Viva Industrial Trust to acquire 6 Chin Bee Avenue for up to $97 mil

SINGAPORE (Oct 27): Viva Industrial Trust (VIT) has entered into an agreement with Sharikat National to acquire 6 Chin Bee Avenue, a newly completed five-storey ramp-up logistics warehouse.
CWT logo

HNA bid for Singapore’s CWT said to be delayed on deal structure

SINGAPORE (Oct 27): HNA Group Co.’s potential bid for Singapore logistics provider CWT Ltd. has been delayed as the acquisitive Chinese conglomerate weighs changes to the deal structure, people with knowledge of the matter said.

Broker's Calls

Beware the slippages in Keppel T&T’s 3Q earnings: CIMB

SINGAPORE (Oct 21): CIMB has downgraded Keppel Telecommunications & Transportation (Keppel T&T) to "hold" from "add" with a lower target price of $1.77 from $1.83 previously.

Broker's Calls

FCL says ‘sawadeeka’ to Thailand for second time

SINGAPORE (Oct 11): Frasers Centrepoint’s plan to acquire a stake in TICON, a Thai developer and owner of industrial properties, is seen as a positive by CIMB lead analyst Lock Mun Yee in a Monday note.

In print this week

All eyes on China, the crux of world growth

SINGAPORE (Sept 23): Once a manufacturing powerhouse for low-quality goods, Shanghai is fast embracing a new norm in which fast-food bills and taxi fares are settled with a mere tap of the mobile phone, and everything from the week’s groceries to the la

Broker's Calls

Viva Industrial Trust zeroing in on all the right prospects

SINGAPORE (Sept 13): RHB is initiating coverage of Viva Industrial Trust (VIT) at “buy” with a target price of 85 cents, noting a strong tenant profile; high exposure to the business park segment; and higher projections of earnings contributions from

In print this week

How courier startup Roadbull is charging ahead

SINGAPORE (Aug 26): Entrepreneurship was always “the end game” for 33-year-old Alwin Liang, founder and CEO of Roadbull, one of Singapore’s newest courier delivery companies.

Results

Ezion’s 2Q earnings down 31.5% to US$19.8 mil

SINGAPORE (Aug 11): Ezion Holdings saw a 31.5% fall in 2Q earnings to US$19.8 million ($26.6 million) from US$28.9 million a year ago on lower gross profit.

Broker's Calls

What now for SingPost investors?

SINGAPORE (Aug 5): UBS is maintaining its “neutral” call on SingPost with a lower price target of $1.53 while CIMB is keeping its “hold” with an unchanged target price of $1.49.

GKE to acquire TNS Ocean Lines for $9 mil

SINGAPORE (July 29): GKE Corporation has entered into a memorandum of understanding (MoU) to acquire a 100% stake in TNS Ocean Lines from its vendors for a purchase consideration $9 million.
×