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Singapore stocks: STI resumes Wednesday afternoon down 0.64% on day

13 Nov 2019 - The Business Times
SINGAPORE stocks resumed trading on Wednesday afternoon weaker, with the Straits Times Index down 0.64 per cent or 20.88 points to 3,246.92 on the day as at 1.04pm, as Asian markets continued to tread in negative territory. On the Singapore bourse, decliners outnumbered advancers 206 to 131, after about ...
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Investors wary after Monday's sell-off

13 Nov 2019 - The Business Times
AFTER a tepid start to the week, Asian equities were mostly higher on Tuesday ahead of 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 recover Monday's losses, adding 27.15 points or 0.... To continue ...
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Stocks to watch: MCT, First Resources, Raffles Medical, UE, Bumitama, Vicom, KSH

12 Nov 2019 - The Business Times
THE following companies saw new developments that may affect trading of their shares on Tuesday: Mapletree Commercial Trust (MCT): MCT has raised S$460.5 million in gross proceeds from its preferential offering, which was 1.45 times subscribed, it said on Monday night. Some 205.6 million new units will ...
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MCT raises $460.5m in oversubscribed preferential offering

12 Nov 2019 - Singapore Business Review
It will be used for the acquisition of Mapletree Business City (Phase 2). Mapletree Commercial Trust (MCT) has raised about $460.5m in a preferential offering of 205.59 million units priced $2.24 per unit, the company announced. MCT received a total of 298.89 million units, including excess applications ...
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US-China trade doubts, HK unrest spook investors

12 Nov 2019 - The Business Times
SINGAPORE equities got the week off to a rough start after doubts surrounding US-China trade talks surfaced and tensions in Hong Kong were at fever pitch once again. The Straits Times Index (STI) could not shrug off those concerns despite better-than-expected earnings from DBS Group... To continue reading ...
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Mapletree Commercial Trust's preferential offering 1.45 times subscribed

11 Nov 2019 - The Business Times
MAPLETREE Commercial Trust (MCT) has raised S$460.5 million in gross proceeds from its preferential offering, which was 1.45 times subscribed, it said on Monday night. Some 205.6 million new units will be issued on the basis of 71 new units for every 1,000 existing units in MCT. The issue price for the ...
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Singapore shares drop 0.7% on Monday after HK unrest, doubts over US-China trade deal

11 Nov 2019 - The Business Times
Local equities got the week off to a rough start after doubts emerged over US-China trade talks and tensions in Hong Kong seemed to hit fever pitch once again, with one person shot by police and another reportedly set alight by protestors. The Straits Times Index (STI) could not shrug off those concerns ...
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Rocky timelines for product launches plagues Venture Corp

11 Nov 2019 - Singapore Business Review
Net margins are expected to be tighter in the same period. Despite Venture Corporation’s 5.5% YoY profit growth to $85.2m in Q3, the firm’s Q4 results are projected to decline to about $80m due to delays in the launch of new product initiatives and the product transition period on that back of an uncertain ...
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Stocks to watch: DBS, Jardine C&C, EHT, Venture, ST Engineering, CapitaLand, UIC, Metro

11 Nov 2019 - The Business Times
THE following companies saw new developments that may affect trading of their securities on Monday: DBS: South-east Asia’s largest bank's net profit for its third quarter climbed 15 per cent, boosted by loan growth, record fee income and higher trading gains, it said on Monday. Net profit for the three ...
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EHT says 'premature' to assess sponsor's estimate of Queen Mary repair costs

11 Nov 2019 - The Business Times
EAGLE Hospitality Trust (EHT) on Sunday night said it is still "premature" to appoint its own expert to separately evaluate the costs of the maintenance of the Queen Mary floating hotel at this stage. This comes as its sponsor Urban Commons (UC) had estimated that the improvement and repair works at ...
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