Yanlord Land Group

SINGAPORE (Oct 25): Yanlord Land Group, the China-based property developer, has made an offer to pay $2.60 for each United Engineers share it does not own.

SINGAPORE (Sept 16): The property sector, together with finance, logistics and manufacturing, is the pillar of any modern economy. Scale is critical to success, and those with the financial muscle can steadily lever up to become even bigger.

SINGAPORE (June 24): As expected, the US Federal Reserve kept interest rates unchanged at between 2.25% and 2.5%, following the conclusion of the Federal Open Market Committee (FOMC) meeting on June 18 and 19. This came amid growing economic uncertainty a

SINGAPORE (June 19): Real estate developer Yanlord Land Group has registered total pre-sales amounting to some RMB 1.34 billion ($265.2 million) from the inaugural launch of Yanlord Four Seasons Gardens in Shenzhen, China.

SINGAPORE (May 24): DBS Group Research is downgrading Yanlord Land Group to “hold” with a lower target price of $1.47, cutting its recommendation for the property developer from “buy” with a target price at $1.62 previously.

SINGAPORE (Apr 15): Yanlord Land Group is seen by OCBC Investment Research as a beneficiary of improved sentiment in the Chinese property market.

SINGAPORE (Mar 1): OCBC Investment Research is maintaining its “buy” call on Yanlord Land Group with a lower fair value of $1.75 compared to $2.04 previously, after rolling forward valuations and applying an unchanged P/E target peg of 5 times to core

SINGAPORE (July 9): Yanlord Land Group announced that its wholly-owned subsidiary, Hangzhou Renyuan Property Development, has acquired a prime residential development site in Hangzhou, China for about RMB 2.94 billion ($600.5 million).

SINGAPORE (June 6): OCBC Investment Research is initiating coverage on Yandlord Land Group with a “buy” rating, fair value estimate of $2.24, and FY18F dividend yield of 4.4% which translates into potential total returns of about 36%.

SINGAPORE (May 14): Yanlord Land, the developer of property in China’s high-growth cities, reported a 15% fall in 1Q earnings to RMB797 million ($168 million) from a year ago.