HNA Group

Broker's Calls

Analysts turning cautious on CacheLog Trust with liquidity-challenged CWT as tenant

SINGAPORE (Apr 26): Analysts are mostly remaining neutral on Cache Logistics Trust (CacheLog Trust) following its results announcement , but they will be keeping a watchful eye on the trust should

Broker's Calls

DBS says exposure by REITs to CWT default more manageable than thought

SINGAPORE (Apr 17): DBS Group Research is not overly worried about the local industrial REITs – AIM APAC REIT (AA REIT), Mapletree Logistics Trust (MLT) and Cache Logistics Trust (CacheLog Trust) –

Update

AA REIT, CacheLog and MapletreeLog say no default on rents so far by tenant CWT

SINGAPORE (Apr 17): The managers of AIMS APAC REIT (AA REIT), Cache Logistics Trust (Cache) and Mapletree Logistics (MLT) announced separately on Tuesday night that CWT has so far not defaulted on

HNA explores sale of newly acquired CWT logistics unit

HONG KONG (Sept 19): China's HNA Group is in talks with banks to find a buyer for its CWT logistics unit, nine months after it acquired the Singaporean business in a US$1 billion  ($1.4 billion) de

IPO

Singapore's shelved IPOs pile up as Summit, Qualitas struggle

SINGAPORE (Apr 24): Singapore initial public offerings sure are having trouble getting over the finish line these days.

HNA to face $3.1 bil liquidity crunch this quarter

(Jan 31): The crisis surrounding HNA Group deepened after it emerged that the Chinese company’s ability to repay its debt will face a potential shortfall of at least 15 billion yuan ($3.1 billion)

M&A

HNA-linked acquirer terminates purchase of stake in Sapphire Corp

SINGAPORE (Jan 29): A Hong Kong-listed subsidiary of China’s HNA Group had terminated its acquisition of shares in SGX-listed Sapphire Corporation “by way of mutual consent”.

Hot Stock

Sapphire Corp on track to win more rail contracts with HNA backing

SINGAPORE (Oct 26): Shares in Sapphire Corp, the railway infrastructure engineering firm, closed 6% or 2 cents to 32 cents on Friday with 1.5 million shares changing hands . 

Property

HNA Group in refinancing quandary as Hong Kong project loans loom

(Sept 14): When HNA Group Co., the Chinese conglomerate that’s been buying up companies worldwide, spent US$3.5 billion ($4.7 billion) in Hong Kong earlier this year on land for its first luxury re

CWT receives formal US$1 bil takeover offer from HNA

SINGAPORE (Sept 8): CWT, the logistics and warehousing firm, has received a formal offer from a Chinese conglomerate to buy all its shares in a deal valuing the company at US$1 billion ($1.3 billio

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