Yanlord's profit down 5% to $664.88m in 2019

27 Feb 2020 - Singapore Business Review
Pre-tax profit decline was blamed on decrease in gross profit and increase in finance cost. Yanlord Land Group (Yanlord) saw its net attributable profit dip 5% YoY to $664.88m (RMB3.35b) in FY2019 from $702.64m (RMB3.54b) in 2018, an SGX filing revealed. Similarly, revenue crashed 25% YoY to $3.72b (RMB18.67b) ...
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Stocks to watch: MLT, KIT, Keong Hong, Yanlord, Thomson Medical, HRnetGroup

21 Jan 2020 - The Business Times
THE following companies saw new developments that may affect trading of their securities on Tuesday: Mapletree Logistics Trust (MLT): The real estate investment trust on Monday evening posted a distribution per unit of 2.044 Singapore cents on an enlarged unit base for the third quarter ended Dec 31, ...
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Yanlord's cash offer for UEL shares comes to an end

21 Jan 2020 - Singapore Business Review
It will have control of 96% of UEL’s ordinary shares. The acceptance of Yanlord’s mandatory cash offer for all issued and paid-up preference shares in United Engineers (UEL) has closed on 20 January, according to an SGX filing. By the end of the offer, Yanlord received valid acceptances of 278.59 million ...
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UE shares lose free float, will be delisted after offer closes

28 Dec 2019 - The Business Times
Singapore UNITED Engineers (UE) has lost its free float and will be delisted after the close of Chinese developer Yanlord Land Group's mandatory conditional cash offer. As at 5pm on Friday, Yanlord owned, controlled or has agreed to acquire about 91.43 per cent of UE's ordinary... To continue reading ...
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Local developer heads for global ranks; more deals in store for sector

20 Dec 2019 - The Edge Markets
SINGAPORE (Dec 20): The local property market — which was subjected to cooling measures and experienced oversupply in the past decade — may be small, but in the 2020s, a home-grown developer will rank among global real estate companies such as Brookfield Asset Management, Unibail-Rodamco-Westfield (a ...
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Yanlord has change of mind; says it plans to delist United Engineers

17 Dec 2019 - The Edge Markets
SINGAPORE (Dec 17): Yanlord Land Group said it will delist United Engineers Ltd (UEL) should its free float fall below the listing threshold. This comes after Yanlord had acquired more than 80% of UEL's ordinary shares since making its buyout offer in October. See: Yanlord Land revives $2.60 per share ...
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Singapore shares rise on Tuesday; STI up 0.05%

17 Dec 2019 - The Business Times
SINGAPORE shares edged up at the opening bell on Tuesday following a rally in the US markets sparked by the new US-China trade deal. Singapore's Straits Times Index gained 1.46 points or 0.05 per cent to 3,207.55 as at 9.06am. Gainers outnumbered losers 74 to 42, after 49.9 million securities worth about ...
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Stocks to watch: Singtel, Yanlord, United Engineers, Oxley, Cromwell E-Reit, Citic Envirotech, SIIC Environment

17 Dec 2019 - The Business Times
THE following companies saw new developments that may affect trading of their securities on Tuesday: Singapore Telecommunications: Lee Theng Kiat, the chairman of state investor Temasek Holdings' management and investment arm Temasek International, was named on Monday as Singtel's chairman-designate ...
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Yanlord to ditch UEL listing if it loses free float status

17 Dec 2019 - Singapore Business Review
It currently holds 81% of UEL’s ordinary shares. Yanlord will no longer plan to preserve the listing status of United Engineers (UEL) if the company falls short of fulfilling the free float requirement, according to an SGX filing. Otherwise, Yanlord intends to maintain UEL’s current listing status in ...
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Stocks to watch: Parkway Life Reit, OCBC, Thakral, Accrelist, Yanlord, UE, Mirach

4 Dec 2019 - The Business Times
THE following companies saw new developments that may affect trading of their shares on Wednesday: Parkway Life Reit: It is buying three nursing rehabilitation facilities in Japan for a total of 3.7 billion yen (approximately S$46.3 million) from KK Habitation, Fuyo Shoji Kabushiki Kaisha and Medical ...
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