Why CityDev is keeping its enemies closer with 20% stake in mamahome

13 Sep 2016 - Singapore Business Review
It still has around 2000 unsold units in China. For City Development Ltd (CityDev), it would be better off joining its rivals than beating them with its acquisition of 20% stake in China's fast-growing online apartment rental platform, mamahome. According to the latest report by Jefferies, CityDev's ...
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Why Have Sembcorp Industries Limited’s Shares Lost 15% In Value In 5 Years?

13 Sep 2016 - The Motley Fool Singapore
I think it is fair to say that most investors want to find stocks that can increase in value in the future, either from an appreciation in the share price or through the distribution of dividends. So, it’s worth keeping in mind the idea that both factors – price appreciation and dividends – are generally ...
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Singapore’s GLP to buy US warehouses for $1.1b

13 Sep 2016 - DealStreetAsia
Global Logistic Properties Ltd., the second-largest owner of U.S. industrial real estate, agreed to buy $1.1 billion of warehouses from Hillwood Development Co. Singapore-based GLP, which owns $38 billion of industrial buildings globally, expects to complete a $700 million deal for fully leased properties ...
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False alarm: Malaysian telco Axiata denies claims of raising stakes in M1

13 Sep 2016 - Singapore Business Review
But it is still a possibility in the future. As the threat of the fourth player looms over Singapore's telco trio, another bad news came for M1 Limited, as its supposed support from Axiata Group was belied by the latter's CEO. In a report by Malaysia's Starbiz, Axiata CEO Tan Sri Jamaludin Ibrahim confirmed ...
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CWT financial services subsidiary granted capital markets services license

13 Sep 2016 - Singapore Business Review
It was previously trading only in commodity derivatives. A subsidiary of the logistics firm under its financial services arm has been granted the full Capital Markets Services Licence by the Monetary Authority of Singapore (MAS) for trading in futures contracts. According to a press release by CWT, its ...
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Daily Markets Briefing: STI down 0.73%

13 Sep 2016 - Singapore Business Review
Expect some profit-taking today. According to OCBC, the recovery on Wall Street overnight could bring a sense of relief to the local bourse today, especially after the STI’s 0.73% fall last week. Here's more from OCBC: We continue to peg the immediate support at 2800, ahead of 2860; on the upside, we ...
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Chart of the Day: Here’s solid proof that SGD interest rates have fallen sharply

13 Sep 2016 - Singapore Business Review
On back of weak loan growth. The dissipating expectations for a strong USD has sent SGD interest rates plummeting, on back of weak loan growth coupled with a switch by residents from FX to SGD deposits. According to a report by HSBC, due to its basket FX regime, USD-SGD is more beholden to broad USD ...

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Four Ways That ARA Asset Management Makes Money

13 Sep 2016 - The Motley Fool Singapore
ARA Asset Management’s (SGX: D1R) business interests lie in the real estate industry. It was listed on the Singapore Exchange in 2007. It has a current market capitalisation of S$1.4billion. Source : ARA second quarter earnings Management fees are the biggest contributors to ARA’s revenue, making up ...
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Jardine Matheson Holdings Limited Returns to the Straits Times Index: Here’re 5 Quick Things Investors Should Know

13 Sep 2016 - The Motley Fool Singapore
Conglomerates are back in while oil and gas is out. I am talking about the impending addition of conglomerate Jardine Matheson Holdings Limited (SGX: J36) into the Straits Times Index (SGX: ^STI) which will take the place of oil and gas operator SembCorp Marine Ltd (SGX: S51). With the change, the Straits ...
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Daily Briefing: Policy easing unlikely as global economy falters; Change sweeps Asian Debt markets

13 Sep 2016 - Singapore Business Review
And here are simple Singapore investment ideas. Despite calls from some economists for the Monetary Authority of Singapore (MAS) to ease monetary policy this October, the latest comments from the central bank appear to indicate that no sudden dovish behavior is on the cards. Read more here. The recent ...

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