Singapore stocks open higher on Thursday as Biden takes office; STI up 0.2%

21 Jan 2021 - The Business Times
SINGAPORE shares opened in positive territory on Thursday, following a strong lead from Wall Street overnight, as Joe Biden was inaugurated as the 46th president of the United States. The Straits Times Index (STI) gained 4.75 points or 0.2 per cent to 3,003.52. Gainers outnumbered losers 114 to 24, after ...
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Stocks to watch: CICT, SIAEC, GK Goh, SIIC Environment, GHY Culture & Media

21 Jan 2021 - The Business Times
THE following companies saw new developments that may affect trading of their securities on Thursday. CapitaLand Integrated Commercial Trust (CICT): The newly-merged trust's Q4 distribution per unit (DPU) has fallen 15.4 per cent year on year to 2.63 Singapore cents. This comprised a clean-up DPU of ...
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CICT's NPI up 36.4% to $191.9m in Q4 2020

21 Jan 2021 - Singapore Business Review
Contribution from CCT’s assets following their merger drove CICT's rise in income. CapitaLand Integrated Commercial Trust (CICT) ended its fiscal year in a high note with its net property income (NPI) rising 36.4% YoY to $191.9m for the quarter ending 31 December 2020, according to a press release. The ...
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Singapore stocks slip at Wednesday's open; STI down 0.1%

20 Jan 2021 - The Business Times
SINGAPORE shares began Wednesday on a softer note, even with a positive lead from Wall Street overnight. The Straits Times Index (STI) slipped 3.68 points or 0.1 per cent to 2,992.24, after flirting near the 3,000 mark on Tuesday. Gainers outnumbered losers 121 to 42, after 183.7 million securities worth ...
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CapitaSpring hits full height, set to open mid-year

20 Jan 2021 - Singapore Business Review
There have been 38% committed occupancy to date. CapitaLand’s CapitaSpring has now topped out, with about 75% of the construction completed, and is set to receive a temporary occupation permit by H2 this year, the company announced. The 51-storey integrated development, located in the heart of Raffles ...
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Suburban retail S-Reits have smoothest recovery path: Credit Suisse

19 Jan 2021 - The Business Times
Singapore RETAIL and hospitality Singapore-listed real estate investment trusts (S-Reits) were the hardest hit by the Covid-19 pandemic and should continue their recovery in 2021, according to Credit Suisse. This comes amid a return to normality for domestic mobility, and a slow improvement for international ...
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Stocks to watch: Boustead, Sembcorp, OUE Lippo Healthcare, ART, Q&M

18 Jan 2021 - The Business Times
THE following companies saw new developments that may affect trading of their securities on Monday: Boustead Projects: The mainboard-listed real estate player on Monday said it has obtained a green loan of about S$130 million from UOB to refinance ALICE@Mediapolis, an eco-sustainable business park development. ...
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Singapore REIT sector raised $4.5b in secondary fundraisings in 2020

14 Jan 2021 - Singapore Business Review
The largest placement raised was by Ascendas REIT, at $800m. Trusts that represent the Singapore REIT sector raised $3b in placements, whilst five trusts raised a further $1.5b in rights issues for a total of 4.5b in secondary fundraisings in 2020, according to an update by the Singapore Exchange. The ...
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Singapore shares extend losses on Tuesday trade

13 Jan 2021 - Singapore Business Review
The Straits Times Index ended some choppy Tuesday trading down by 6.73 points, or 0.23%, at 2,977.17. About 2.1 billion securities worth S$1.44-billion changed hands, with advancing stocks outnumbering decliners, 274 to 210. Among the top gainers were Thai Beverage with 3.25% or S$0.025 gain, CapitaLand ...
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KONE joins CapitaLand-led Smart Urban Co-Innovation Lab

13 Jan 2021 - Singapore Business Review
It serves as an open platform to tackle sustainability in Singapore. Engineering company KONE Corporation has announced its collaboration with the CapitaLand-led Smart Urban Co-Innovation Lab, Southeast Asia’s first industry-led lab for smart cities solutions development. Officially opened by communications ...
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