DBS/POSB introduces video teller machines at 9 locations

25 Apr 2017 - Business Times Breaking News
DBS/POSB Bank has launched its video teller machines (VTMs) at nine locations in Singapore, in a first of its kind here, it said in a press release issued on Tuesday.The VTMs provide round-the-clock branch banking services to customers, with the option of "face-to-face" assistance from bank tellers via ...

Broker's take: Bernstein says OCBC is very well positioned, pegs target price at S$10.95/shr

25 Apr 2017 - Business Times Breaking News
OVERSEA-Chinese Banking Corp (OCBC) is very well positioned to ride the major growth trends in the region, investment house Sanford C. Bernstein said in its freshly published report on the Singapore bank on Tuesday. "OCBC is a progressive bank that has executed strongly over the last few years including ...

CDL tops bid for Tampines residential site with S$370.1m

25 Apr 2017 - Business Times Breaking News
CITY Developments Limited has emerged the top bidder with a bid of S$370.1 million for the residential site at Tampines Avenue 10.This translates to S$565.4 per square foot per plot ratio based on the maximum gross floor area. The site, which was released for public tender under the confirmed list of ...

Ascendas Reit Q4 DPU up 13%

25 Apr 2017 - Business Times Breaking News
ASCENDAS Reit on Tuesday posted a 13 per cent increase in distribution per unit (DPU) for its fourth quarter on higher gross revenue. DPU for the three months ended March 31, 2017 stood at 3.852 Singapore cents, up from 3.41 Singapore cents a year ago.Gross revenue increased by 2.4 per cent to S$209 ...

Mapletree Commercial Trust net property income rises 51.2% for Q4; DPU up 11.9%

25 Apr 2017 - Business Times Breaking News
MAPLETREE Commercial Trust's net property income rose 51.2 per cent in its fiscal fourth quarter on contributions from recently acquired Mapletree Business City I, lifting distribution per unit by 11.9 per cent to 2.26 Singapore cents per share.Net property income grew to S$83.2 million for the three ...

Ascendas REIT: Total Amount Available For Distribution For FY16/17 Grew 18% Y-o-Y To S$446.3 Million.

25 Apr 2017 - ShareInvestor Express
FY16/17 Distribution per Unit grew by 2.5% year-on-year to 15.743 cents mainly attributable to contributions from new acquisitions made in the second half of FY15/16 and in FY16/17. 4Q FY16/17 DPU rose 13.0% y-o-y to 3.852 cents, underpinned by higher net property income from new acquisitions and active ...

Parkway Life REIT: Reports DPU Of 3.28 Cents For 1Q 2017.

25 Apr 2017 - ShareInvestor Express
Overall DPU growth of 9.6% for 1Q 2017. DPU growth of 2.2% from recurring operations notwithstanding the divestment in December 2016. Divestment gain of S$5.39 million to be equally distributed over four quarters in FY2017. Successful completion of 2nd asset recycling initiative enhances the value of ...

Keppel's Q1 earnings growth greatly underpinned by divestments

25 Apr 2017 - Singapore Business Review
But this cannot go on forever, analysts say. Keppel Corporation's 24% increase in net profit to $260m was driven primarily by divestment gains, a report by UOB Kayhian said. For instance, its property earnings were partly prevented from sinking further with the $29m gains recorded from the divestment ...

Stocks to watch: Parkway Life Reit, Cambridge Industrial Trust, CapitaLand

25 Apr 2017 - Business Times Breaking News
THESE stocks had announcements which may influence trading on Tuesday. Parkway Life Real Estate Investment Trust: The Reit reported a distribution per unit (DPU) of 3.28 Singapore cents, up 9.6 per cent from the previous quarter, Parkway Trust Management Limited said in a Singapore Exchange filing on ...
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Raffles Medical: Announces Another Hospital Project In China.

25 Apr 2017 - ShareInvestor Express
Group recorded a Q1 2017 quarterly revenue of S$114.9 million. Profit After Tax and Minority Interests increased to S$15.5 million. Excluding the wage credit received, the Group's operating profit would have grown by 3.8%. Healthy cash position of S$119.4 million...