Stocks to watch: DBS, Yanlord, UE, Manulife US Reit, Frasers Prop, SIIC, Tiong Seng

18 Nov 2019 - The Business Times
THE following companies saw new developments that may affect trading of their securities on Monday: DBS Group: DBS has become the first bank in Singapore and South-east Asia to adopt the Equator Principles (EPs). These principles are a globally recognised framework for financial institutions to determine, ...
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Earnings Report: Yanlord Land Group Limited Missed Revenue Estimates By 53% - Yahoo Finance

16 Nov 2019 - Yahoo Finance

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Yanlord profit plummeted 94% to $11.41m in Q3

14 Nov 2019 - Singapore Business Review
Lower GFA delivery dragged it down. Real-estate developer Yanlord Land Group saw its profit plunge 94% YoY $11.41m (RMB58.8m) in Q3 from $196.48m (RMB1.012b) in 2018, an SGX filing revealed. Its revenue also dropped 49.5% to $559.24m (RMB2.88b) from $1.11b (RMB5.71b) over the same period. The firm blamed ...
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Singapore shares gain 0.8% ahead of Trump's US trade policy speech

12 Nov 2019 - The Business Times
AFTER a tepid start to the week, Asian equities were mostly higher on Tuesday as investors position themselves for US President Donald Trump's speech on US trade policy, and a potential tariff delay on European autos. Singapore's Straits Times Index (STI) managed to recoup its 0.7 per cent loss on Monday, ...
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Yanlord hikes up cash offer in UE to $2.70 per share

12 Nov 2019 - Singapore Business Review
It bought 6.15% in UE, increasing its stake to 41.42%. Yanlord has raised its cash offer for United Engineers from $2.60 apiece to $2.70 and has acquired 6.15% of the latter’s shares, according to an SGX filing. Yanlord’s stake in UE is now at 41.42%. The China-based property had entered into separate ...
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United Engineers Q3 profit lifted by S$65.2 million net revaluation gain

11 Nov 2019 - The Business Times
REVALUATION gains from four investment properties lifted United Engineers' (UE) net profit to S$84.8 million in the third quarter, up from S$7.7 million in the same period a year earlier. Excluding the net revaluation gain of S$65.2 million, net profit would have been S$19.6 million, an increase of 156 ...
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Read This Before Selling Yanlord Land Group Limited (SGX:Z25) Shares - Simply Wall St

1 Nov 2019 - Simply Wall St

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Yanlord bags $334m in Huangzhou apartment presales

31 Oct 2019 - Singapore Business Review
All 120 apartment units were sold out for an average price of $13,805.85 psm. Singapore exchange-listed real estate developer Yanlord Land Group has garnered $334m (RMB1.73b) in presales after it sold out all 120 apartments units at the inaugural launch of Yanlord Riverside Gardens in Huangzhou, an announcement ...
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Yanlord's UEL takeover at risk of tepid shareholder response

30 Oct 2019 - Singapore Business Review
The offer price of $2.60 apiece is lower than the latter’s closing price of $2.62. The acceptance rate for Yanlord’s proposed acquisition of United Engineers Ltd’s (UEL) shares “would be low,'' as Perennial UW and Heng Yue had expressed intentions to dispose their stakes in UEL, according to an analyst ...
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Yanlord Land revives $2.60 per share offer to buy over United Engineers

25 Oct 2019 - The Edge Markets
SINGAPORE (Oct 25): Yanlord Land Group, the China-based property developer, has made an offer to pay $2.60 for each United Engineers share it does not own. The deal values UE, one of Singapore's oldest companies with businesses in property and hospitality sectors, at $1.66 billion. The offer price is ...
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