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See More Articles Posted 19 Apr 2017 - evankoh

26 Apr 2017

1 hour ago

DBS/POSB introduces video teller machines at 9 locations


DBS/POSB Bank has launched its video teller machines (VTMs) at nine locations in Singapore, in a first of its kind here, it said in a press release issued on Tuesday.The VTMs provide round-the-clock branch banking services to customers, with the option of "face-to-face" assistance from bank tellers via ...

Business Times Breaking NewsD05

3 hours ago

Broker's take: Bernstein says OCBC is very well positioned, pegs target price at S$10.95/shr


OVERSEA-Chinese Banking Corp (OCBC) is very well positioned to ride the major growth trends in the region, investment house Sanford C. Bernstein said in its freshly published report on the Singapore bank on Tuesday. "OCBC is a progressive bank that has executed strongly over the last few years including ...

Business Times Breaking NewsO39

5 hours ago

CDL tops bid for Tampines residential site with S$370.1m


CITY Developments Limited has emerged the top bidder with a bid of S$370.1 million for the residential site at Tampines Avenue 10.This translates to S$565.4 per square foot per plot ratio based on the maximum gross floor area. The site, which was released for public tender under the confirmed list of ...

Business Times Breaking NewsC09

7 hours ago

Ascendas Reit Q4 DPU up 13%


ASCENDAS Reit on Tuesday posted a 13 per cent increase in distribution per unit (DPU) for its fourth quarter on higher gross revenue. DPU for the three months ended March 31, 2017 stood at 3.852 Singapore cents, up from 3.41 Singapore cents a year ago.Gross revenue increased by 2.4 per cent to S$209 ...

Business Times Breaking NewsA17U

8 hours ago

Mapletree Commercial Trust net property income rises 51.2% for Q4; DPU up 11.9%


MAPLETREE Commercial Trust's net property income rose 51.2 per cent in its fiscal fourth quarter on contributions from recently acquired Mapletree Business City I, lifting distribution per unit by 11.9 per cent to 2.26 Singapore cents per share.Net property income grew to S$83.2 million for the three ...

Business Times Breaking NewsN2IU

11 hours ago

Ascendas REIT: Total Amount Available For Distribution For FY16/17 Grew 18% Y-o-Y To S$446.3 Million.


FY16/17 Distribution per Unit grew by 2.5% year-on-year to 15.743 cents mainly attributable to contributions from new acquisitions made in the second half of FY15/16 and in FY16/17. 4Q FY16/17 DPU rose 13.0% y-o-y to 3.852 cents, underpinned by higher net property income from new acquisitions and active ...

ShareInvestor ExpressA17U

11 hours ago

Happy First Birthday, Poorlearnrich


Happy First Birthday, 穷小子!! There is no birth date for 穷小子 literally of course, but it will be his first anniversary since his first post. Times flies, while still remembering from how much he had learned along the way for the past year. It has been a while since the last post, and just saw that Poorlearnrich ...

poorlearnrichsg

25 Apr 2017

13 hours ago

Parkway Life REIT: Reports DPU Of 3.28 Cents For 1Q 2017.


Overall DPU growth of 9.6% for 1Q 2017. DPU growth of 2.2% from recurring operations notwithstanding the divestment in December 2016. Divestment gain of S$5.39 million to be equally distributed over four quarters in FY2017. Successful completion of 2nd asset recycling initiative enhances the value of ...

ShareInvestor ExpressC2PU

15 hours ago

Keppel's Q1 earnings growth greatly underpinned by divestments


But this cannot go on forever, analysts say. Keppel Corporation's 24% increase in net profit to $260m was driven primarily by divestment gains, a report by UOB Kayhian said. For instance, its property earnings were partly prevented from sinking further with the $29m gains recorded from the divestment ...

Singapore Business ReviewBN4

17 hours ago

Stocks to watch: Parkway Life Reit, Cambridge Industrial Trust, CapitaLand


THESE stocks had announcements which may influence trading on Tuesday. Parkway Life Real Estate Investment Trust: The Reit reported a distribution per unit (DPU) of 3.28 Singapore cents, up 9.6 per cent from the previous quarter, Parkway Trust Management Limited said in a Singapore Exchange filing on ...

Business Times Breaking NewsC2PUC31J91U

17 hours ago

Should You Be Worried About Geopolitical Risk ?


European markets and Dow Futures seems celebrating on the news of today’s French Presidential Election result. FTSE , DAX and CAC 40 all up by 2-4% at the time writing and Dow Future also up by more than 200 points. Recently, investors seems given more concerns to geopolitical issues where it has dominated ...

ste

17 hours ago

Banyan Tree - Significant Increase in Average Traded Value


Banyan Tree has an increase of 1212.1% average traded value today compared to the last 90 days (321,878 => 4,223,350)

19 hours ago

Raffles Medical: Announces Another Hospital Project In China.


Group recorded a Q1 2017 quarterly revenue of S$114.9 million. Profit After Tax and Minority Interests increased to S$15.5 million. Excluding the wage credit received, the Group's operating profit would have grown by 3.8%. Healthy cash position of S$119.4 million...

ShareInvestor ExpressR01

21 hours ago

Frasers Centrepoint Trust: 2Q17 DPU Held Steady At 3.04 Cents.


Average rental reversion for 2Q17 at +4.1%. AEI works at Northpoint proceeding on schedule, leasing interest for the reconfigured areas remains strong...

ShareInvestor ExpressJ69U

23 hours ago

Singtel subsidiaries sign $4.1b deal with international banks for credit facilities


It would be for general corporate purposes. Singapore Telecommunications announced that its subsidiaries entered into several agreements for total credit facilities of approximately $4.1b for general corporate purposes and refinancing of existing facilities. Singtel Group Treasury signed a three-year ...

Singapore Business ReviewZ74

1 day ago

DeClout: Launches Incubator Programme With Support From SPRING Singapore.


DeClout's new incubator will nurture local startups in financial technology, cybersecurity, data analytics and smart logistics with support from SPRING Singapore's Startup SG Accelerator scheme. Further exemplifies DeClout's unique value proposition and position as a next-generation business accelerator, ...

ShareInvestor Express5UZ

1 day ago

Dividend Knight Income Portfolio Update (April 2017) - Rebalancing Mode Activated


No. Company No. of Shares 1. DBS 3, 000 2. Singtel 15, 000 3. AIMS AMP Capital REIT 30, 000 4. Frasers Centrepoint Trust 15, 000 5. SATS 6, 000 6. OCBC 3, 040 7. Raffles Medical Group 20, 094 8. Mapletree Logistics Trust 20, 000 9. ParkwayLife REIT 8, 000 10. Keppel DC REIT 12, 800 11. Frasers Logistics ...

dividendknight

1 day ago

CRCT: 1Q 2017 Net Property Income Rises 15.1% Year-On-Year.


CapitaLand Retail China Trust registered net property income of RMB194.9 million for the period 1 January to 31 March 2017, 15.1% higher than the RMB169.4 million for the corresponding period in 2016. The increase was mainly due to the contribution from CapitaMall Xinnan which was acquired on 30 September ...

ShareInvestor ExpressAU8U

1 day ago

Hyflux appoints DBS, China International Capital as financial advisers for Tuaspring plant divestment


HYFLUX has appointed DBS Bank and China International Capital Corporation (Singapore) as its financial advisers to evaluate its strategic options relating to the proposed partial divestment of Tuaspring plant.In February, the company said that it will be seeking partial divestment of the Tuaspring plant, ...

Business Times Breaking News600D05

1 day ago

Frasers Centrepoint's Seaside Residences project records healthy take up


Around 70% of its launched units are sold. According to a report from Propertyguru, The 843-unit Seaside Residences condominium at Siglap Link has attracted strong buyer interest for the first weekend of its launch. Out of the 560 released units, 392 were sold as over 5,000 people flocked the project's ...

Singapore Business ReviewJ69U

1 day ago

M1 to deploy small networks as mobile revenues continue to slip


Small cell and WiFi HetNet are alternatives to costly spectrum. Singapore telco M1 is focussing on new areas and eyeing alternatives to keep up with its peers in the competitive sector. For starters, although it did not secure the 2.5GHz spectrum in the recently concluded General Spectrum Auction, M1 ...

Singapore Business ReviewB2F

1 day ago

Singapore: Singtel arms get credit facility; Keong Hong deal; Nam Cheong rejig - DealStreetAsia


Singtel subsidiaries in SIngapore and Australia have secured credit facilities, Keong Hong has acquired a stake in Hansin Timber and Nam Cheong is considering restructuring. Singapore Telecommunications Limited (Singtel) today announced that its subsidiaries entered into agreements for total credit facilities ...

DealStreetAsia5TTN4EZ74

24 Apr 2017

1 day ago

HPH Trust Q1 earnings sink


NET profit for port operator Hutchison Port Holdings Trust plummeted 69.9 per cent to HK$166.9 million (S$29.9 million) from the previous year, though the drop would have been milder at 15.7 per cent if excluding a one-off rent and rates refund in 2016.For the three months ended March 31, revenue dropped ...

Business Times Breaking NewsNS8UP7VU

1 day ago

Singapore telco M1 approaches China Mobile, PE firms for stake sale - DealStreetAsia


Top shareholders in Singapore telecoms company M1 Ltd have approached potential buyers China Mobile and global private equity firms, among others, to sell their combined majority stake in the firm, sources familiar with the matter said. The three main shareholders of Singapore’s smallest listed telecoms ...

DealStreetAsiaB2FCC3Z74

1 day ago

Useful Thought Experiment: What If You Were To Die Exactly 10 Years Later?


All I want to know is where I’m going to die so I’ll never go there – Charlie Munger What’s both fascinating and cruel about life is how unpredictable it is. And at the heart of it all is not knowing when we would leave this world. Death tends to scupper the most well-laid of plans. I find it very interesting ...

15hww

1 day ago

M1 - Most News Views


M1 related news have been viewed 346 times in the last 7 days

1 day ago

Keppel enters 3-way deal to save deferred jack-up rigs


This is for the construction of five jack-up rigs originally for Transocean. Keppel Corporation has entered into a heads of agreement (HOA) with Norway-based Borr Drilling for the construction of five jack-up rigs. The agreement allows Borr to acquire the said five jack-up rigs originally ordered by ...

Singapore Business ReviewBN4

1 day ago

Singtel units ink agreements for S$4.1b credit facilities with banks


SINGAPORE Telecommunications' (Singtel) subsidiaries have inked agreements for credit facilities amounting to S$4.1 billion for general corporate purposes and refinancing of existing facilities, it said in a Singapore Exchange filing on Monday. In Singapore, Singtel Group Treasury signed the agreement ...

Business Times Breaking NewsZ74

1 day ago

Why Keppel's offshore segment could be worse than expected


Gains from the segment may fall to as low as $3b. Keppel's offshore and marine segment (O&M) was a big miss in the past quarter after reporting a mere profit of $95,000. According to DBS Vickers Securities, this is due to the low activity level in the segment. Its earnings before interest and tax (EBIT) ...

Singapore Business ReviewBN4

2 days ago

Child Portfolio - "Apr 17 - SG Transactions & Portfolio Update"


We celebrated my elder son 3rd birthday during the weekend and thought I'd do my usual annual update on his portfolio on his birthday. As part of the annual exercise, I'd try to top up his equity position by giving him presents in the form of stock shares, which would help him compound over his years ...

bhalimking

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