30 Apr 2021 - Singapore Business Review
This is despite sharp declines in revenue per available room at many of its hotels. CDL Hospitality Trusts (CDLHT) reported a 1% rise in net property income (NPI) in Q1 2021 to $19.8m. This was up from $19.6m a year ago and comes despite ‘sharp declines’ revenue per available room (RevPAR) for those ...
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9 Mar 2021 - Singapore Business Review
Ascott Residence Trust is OCBC’s top hospitality pick. Hospitality REITs have borne the brunt of the COVID-19 pandemic but are now on the road to recovery, according to OCBC Investment research. “Singapore started vaccinations in December 2020 and targets to vaccinate the entire population by 3Q 2021. ...
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29 Dec 2020 - The Business Times
THE Singapore Exchange (SGX) has highlighted value investing as a significant contributing factor to the Straits Times Index's (STI) recent rally in the quarter to date, noting that four of the STI's 10 strongest performers for the period were ranked highly for value factors in early H2 2020. The four ...
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19 Nov 2020 - The Business Times
THE following companies saw new developments that may affect trading of their shares on Thursday: City Developments Limited (CDL), CDL Hospitality Trusts (CDLHT): CDL's hotel arm Millennium & Copthorne Hotels (M&C) is reviewing its portfolio and may dispose of some assets in a drive to recover from the ...
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30 Oct 2020 - The Business Times
THE following companies saw new developments that may affect trading of their securities on Friday: Keppel Corp: The conglomerate turned the corner sequentially in the third quarter after posting record losses in the preceding period. Revenue came in at S$4.82 billion for the first nine months. Keppel ...
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21 Oct 2020 - The Business Times
THE following companies saw new developments that may affect trading of their securities on Wednesday: Keppel Corp: The conglomerate's asset management arm, Keppel Capital, on Wednesday announced it has launched the Alpha Asia Macro Trends Fund IV with a target fund size of US$1 billion, and achieved ...
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