KReit placement at S$1.13 a unit works out to higher DPU accretion for Keppel Bay Tower acquisition: analysts
KEPPEL Reit's (KReit) private placement has been priced at S$1.13 per new unit, about midway in its indicative range.
Singapore stocks retreat, tracking Wall Street losses; STI down 0.5% at open
SINGAPORE shares pulled back at Friday's open, following a weak lead from US indices overnight.
Keppel Reit prices private placement at S$1.13 per unit
KEPPEL Reit's private placement has been priced at S$1.13 per new unit, about midway of its indicative range, its manager announced in a bourse filing late on Thursday night.
Hot stock: Thomson Medical surges 12.5%, surpassing 52-week high
SHARES in mainboard-listed Thomson Medical Group, which is majority-owned by Singapore billionaire Peter Lim, rallied on Thursday amid active trading this week.
Seven shophouses at Lavender Street up for sale with S$60m guide price
SEVEN adjoining shophouses comprising even-numbered lots at 296 to 308 Lavender Street are up for sale with a guide price of S$60 million.
Stocks to watch: Singtel, SembMarine, OUE, Prime US Reit, CSE Global
THE following companies saw new developments that may affect trading of their securities on Thursday:
Pair of freehold shophouses along East Coast Road up for sale at S$7.8m
A PAIR of shophouses located at 425 and 427 East Coast Road has been put up for sale via an expression of interest exercise, with an indicative price of S$7.8 million.
Singapore non-oil exports rise for second straight month in January with 12.8% growth
SINGAPORE'S key exports continued their upward trajectory in January, on the back of growth in non-electronics and electronics shipments.
Quick takes: Singapore Budget 2021
DEPUTY Prime Minister and Finance Minister Heng Swee Keat delivered Budget 2021 in Parliament on Tuesday afternoon. The "Emerging Stronger Together" Budget is aimed at helping businesses and workers adapt, innovate and grow in a post-Covid-19 environment.
Hot stock: Oxley up 4.4% after H1 profit more than doubles to S$34.1m
SHARES of Oxley Holdings rallied at the start of the week, a day after the property developer announced that its half-year net profit more than doubled to S$34.1 million, from S$15.7 million a year ago.
Singapore shares edge up at Monday's open; STI up 0.2%
SINGAPORE stocks began trading on Monday morning in slightly positive territory as the market reopens after the Chinese New Year break, with the key Straits Times Index (STI) adding 6.04 points or 0.2 per cent to 2,931.52 as at 9am.
Singapore stocks slip ahead of CNY holiday; STI down 0.2% at open
SINGAPORE shares slipped in the first few minutes of trade on Thursday, following a mixed showing on Wall Street overnight.
Stocks to watch: DBS, Singtel, ThaiBev, SATS, Far East Hospitality Trust
THE following companies saw new developments that may affect trading of their securities on Thursday.
Yangzijiang soars 6.7% on contract wins; analysts reiterate 'buy'
SHARES in Yangzijiang Shipbuilding (Holdings) rallied on Tuesday, with analysts upbeat on the counter, after the Chinese shipbuilder said it had recently bagged new orders worth some US$1.3 billion.
More expect government intervention to cool property market
FEARS of spiking construction costs overtook economic woes as the top potential risk factor that may temper sentiment in the property sector in the next six months.
Brokers' take: Analysts reiterate 'buy' on Yangzijiang after contract wins
ANALYSTS from CGS-CIMB, DBS Group Research and UOB Kay Hian have reiterated their "buy" calls on mainboard-listed Yangzijiang Shipbuilding after the Chinese shipbuilder on Monday said it recently bagged new orders worth some US$1.3 billion.
More expecting government intervention to cool Singapore's property market
MARKET observers are increasingly expecting the Singapore government to step in to cool the private residential market, while spiking construction costs overtook economic woes as the top potential risk factor that may temper sentiment in the next six months.
Hot stock: Yangzijiang soars 6.7% on new orders worth US$1.3b
SHARES in Yangzijiang Shipbuilding rallied on Tuesday after the Chinese shipbuilder said it had recently bagged agreements to build and deliver 29 vessels worth some US$1.3 billion.
Hot stock: Livingstone Health opens above post-consolidation price
SHARES of specialist healthcare group Livingstone Health Holdings opened at S$0.22 on its first day of trading on the Singapore Exchange's (SGX) Catalist board.
Hot stock: mm2 Asia tumbles 30.8% after news of potential investor, proposed rights issue
SHARES in mainboard-listed entertainment group mm2 Asia plunged as much as 29 per cent to a record low of 8.5 Singapore cents in early trade on Monday.
Singapore shares open higher on Monday; STI up 0.3%
SINGAPORE stocks opened higher on Monday, following a positive lead from Wall Street last week.
Broker's take: DBS initiates coverage on Straits Trading with 'buy', sees value unlocking from ARA listing
DBS Group Research has initiated coverage on mainboard-listed property firm Straits Trading Company, along with a "buy" recommendation and a S$3.50 target price.
Singapore shares eke out slight gains at Thursday's open; STI up 0.1%
SINGAPORE shares struggled to advance at Thursday's open, following a flat session on Wall Street overnight.
Edtech startup Cialfo extends Series A funding to US$15m
SINGAPORE-BASED edtech startup Cialfo on Wednesday announced that it has extended its Series A funding round to US$15 million.