322 Followers SGX:F17 - GuocoLand Ltd GuocoLand
Sector: Real Estate, Industry: Diversified Real Estate Activities
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GuocoLand sells Beijing development project to China Cinda Asset Management

20 Aug 2015 - Channel NewsAsia
SINGAPORE: Singapore-listed developer GuocoLand is selling a large development project in Beijing for RMB10.5 billion (S$2.3 billion), in a deal that is expected to generate a net gain of RMB1.58 billion. The sale of the Dongzhimen (DZM) mixed-use development to China Cinda Asset Management provides ...
sgx:f17

These highly-indebted corporates will be at risk once interest rates rise

23 Jun 2015 - Singapore Business Review
They have high gearing and low interest rate cover. Higher Singapore interest rates could spell trouble for locally-listed corporates with high gearing. RHB Research released a list of 24 firms which have gearing greater than 120% and an interest cover below 2x. The ten firms with the highest gearing ...
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Guocoland’s net profit surged 130% to $49.5m in Q3

9 Apr 2015 - Singapore Business Review
Due to revenue recognition from Shanghai. Guocoland reported that its net profit suged 130% year-on-year to $49.5m in the third quarter, thanks mostly to revenue recognition for the sale of serviced apartments in Shanghai Gouson Centre. Its revenue grew 21% year-on-year to $325.9m. Administrative expenses ...
sgx:f17

How Would the U.S. Federal Reserve’s Change of Interest Rates Affect Singapore?

24 Mar 2015 - The Motley Fool Singapore
Last Wednesday (18 March 2015), all eyes were on the Federal Open Market Committee (FOMC)’s review of the U.S. Federal Reserve’s monetary policy. According to the Federal Reserve’s press release on the meeting, the U.S. economy is picking up steam with a lower unemployment rate, higher household spending, ...
sgx:f17 sgx:5dp

Ten largest real estate development stocks outshine peers with 5% price gain

18 Mar 2015 - Singapore Business Review
They're the best performer in the Financials sector. The ten largest capitalised Real Estate Management and Development stocks averaged a 5.5% gain in the year thus far, making it the best performing industry in the Financials sector. Data from the SGX show that the ten largest names in this industry ...
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Chart of the Day: Developer launches down 43.8% YoY in the first two months of 2015

17 Mar 2015 - Singapore Business Review
The mid-end segment has been stepping up. Developers pulled back launches in the first two months of 2015. According to a report by RHB, developers launched only 357 units with no new EC units in Feb 15, down 15.2% MoM and 48.3% YoY. This was way below the 2014 average of 644 units (excl. ECs) and 2013 ...
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