Sinarmas Land

M&A

Hiap Hoe acquires Orchard Towers shops and offices for $162 mil

SINGAPORE (Nov 3): Hiap Hoe is acquiring 21 shops and 38 offices at Orchard Towers.

TES 800th Issue

10 stocks with the highest returns since The Edge Singapore first went to print

SINGAPORE (Oct 6): The 800th issue of The Edge Singapore this week features 10 companies with the highest returns since our first issue was published in March 2002.

Sinarmas Land acquires Central London freehold commercial property for $338 mil

SINGAPORE (July 3): Sinarmas Land has acquired 33 Horseferry Road, a prime commercial building in London, for £188.6 million ($337.6 million).

Results

Sinarmas Land 1Q earnings more than double to $37.2 mil

SINGAPORE (May 15): Sinarmas Land saw earnings in the first quarter ended March more than double to $37.2 million, compared to $15.7 million a year ago.

Results

Sinarmas Land swings back into the black with 4Q earnings of $46.5 mil

SINGAPORE (Feb 24): Sinarmas Land reported 4Q16 earnings of $46.5 million, reversing from its loss of $7.8 million a year ago.

Results

Sinarmas Land posts 63% fall in 3Q earnings to $17.4 mil on absence of one-off gain

SINGAPORE (Nov 15): Developer Sinarmas Land posted a 62.6% fall in 3Q16 earnings to $17.4 million from a year ago due to lower foreign exchange gain of $1.6 million and the absence of the one-off exceptional gain of $30.6 million.

Market Close

STI closes 0.14% lower at 2,805.52

SINGAPORE (Sept 25): Singapore stocks closed lower on Thursday, falling for the fourth consecutive session amid increased volatility in the global markets this week.

Broker's Calls

Sinarmas Land: Best deal in town?

SINGAPORE (Sept 15): RHB is maintaining its “buy” on Sinarmas Land with 91 cents target price, convinced that the township developer is the “best proxy” for exposure to Indonesia’s sector property sector.

Stocks To Watch

Vallianz, Jardine Strategic, Sinarmas Land, KOP, UIC, Roxy-Pacific

SINGAPORE (Aug 1): Here are some stocks that may move the market this Monday morning:

Sinarmas Land and KOP to co-develop Nuvasa Bay

SINGAPORE (Aug 1): Sinarmas Land and KOP Limited are jointly developing parts of Nuvasa Bay, a luxury residential and mixed-use development in Nongsa, Batam.
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