telecommunications

SINGAPORE (Sept 5): Analysts from Maybank Kim Eng and Citi Research agree that the risk of a new market telco entrant has significantly spiked – although in Nomura’s view, it is still too early to take a specific stance on the spectrum’s results.

SINGAPORE (Aug 12): Keppel DC REIT is acquiring a data centre’s shell and core building in Milan, Italy, for a purchase consideration of EUR37.3 million ($57.3 million).

SINGAPORE (Aug 3): NRA Capital is initiating coverage of CMC Infocomm (CMCI) at an “overweight” rating and fair value of 13.6 cents, with expectations for future revenue growth to improve and sustain the company’s profitability.

SINGAPORE (July 28): CIMB is keeping its “reduce” call on Yoma Strategic Holdings with a lower target price of 40 cents from its previous price target of 45 cents.

SINGAPORE (July 27): CMC Infocomm, the provider of communications solutions and services, saw full-year loss widen to $1.5 million from $0.2 million a year ago on higher expenses.

SINGAPORE (July 26): Myanmar-focused business conglomerate, Yoma Strategic Holdings, reported a decrease in earnings to $1.8 million for the three months ended 30 June 2016 in 1Q17.

(July 7): Temasek Holdings’ portfolio declined for the first time in seven years as its holdings, a quarter of which are in Chinese equities, were battered by last year’s market rout.