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
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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
