Results

Boustead Singapore posts 11% rise in 2H20 earnings to $18.5 mil, achieving "commendable" results under "tough business environment", says CEO Wong

SINGAPORE (July 7): Boustead Singapore, the engineering services and geo-spatial technology group saw its earnings rise 11% to $18.5 million for 2H20 ended March, from the $16.6 million posted in 2

Broker's Calls

Broadening rally for S-REITs in 2H20 on returning investor confidence; industrial REITs among top performers, says DBS

SINGAPORE (July 7): As the Singapore economy opens up in phases from the circuit breaker measures, DBS analysts Derek Tan, Rachel Tan, Dale Lai, and the Singapore Research Team believe there could

Advertisement

Broker's Calls

China Aviation Oil gets a thumbs-up as air travel resumes

SINGAPORE (July 7): RHB Securities is reiterating its “buy” call and target price on China Aviation Oil (CAO) at $1.25.

Results

Yanlord posts 65% increase in total contracted pre-sales to RMB29.77 bil for 1H20

SINGAPORE (July 6): Mainboard-listed Yanlord Land Group reported a 65% increase in total contracted pre-sales to RMB29.77 billion ($5.87 billion) for 1H20 ended June, compared to RMB18.04 billion i

Broker's Calls

PhillipCapital remains 'neutral' on Ascott Residence Trust perpetual securities following coupon rate reset

SINGAPORE (July 6): PhillipCapital analyst Timothy Ang has maintained his “neutral” call on Ascott Residence Trust (ART) following its June 29 announcement that the coupon rate for the ARTSP 4.68%

Broker's Calls

Analysts reduce SPH REIT’s DPU forecast on lower shopper traffic and weaker rental reversion

SINGAPORE (July 6): Following SPH REIT’s business update for 3Q on Wednesday, CGS-CIMB analysts Eing Kar Mei and Lock Mun Yee have cut their forecasts for its FY20-22F DPU by 3-29%.

Broker's Calls

Genting Singapore headed for slow recovery after closing for two months, downgraded to “hold”: UOB Kay Hian

SINGAPORE (Jul 6): Genting Singapore, which runs the integrated resort and casino Resorts World Sentosa (RWS), is headed for a slow recovery after shutting for two months in a “wash-out y

Be informed of the stories that matter