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Company in the news

Boustead Singapore finalises exit offer of $1.18 per share for Boustead Projects’ shares

Boustead Singapore had previously made an unconditional cash offer 95 cents per share in March.
Keppel REIT prices $200 million notes due 2026 - THE EDGE SINGAPORE

REITs

Keppel REIT prices $200 million notes due 2026

The notes will bear interest at a fixed rate of 3.72% and are expected to be issued on Nov 15.

Results

Netlink NBN Trust posts higher 1HFY2024 revenue and ebitda, but 3.1% lower profit after tax

Netlink has proposed a DPU of 2.65 cents for the half-year period, 1.1% higher y-o-y.

Commerce

From tomatoes to televisions: small format is here to stay

As Southeast Asia’s retail landscape continues to evolve, embracing strategic adaptation is key for retailers wanting to thrive

Broker's Calls

PhillipCapital downgrades Q&M to 'accumulate', calling FY2023 year of 'consolidation'

Q&M needs to improve the profitability of under-performing clinics
Comba Telecom increases 1HFY2023 earnings by 24.1% to HK$112 mil - THE EDGE SINGAPORE

Results

Comba Telecom increases 1HFY2023 earnings by 24.1% to HK$112 mil

Comba, which is dual-listed on the SGX and HKSE, has declared an interim dividend of 1.2 HK cents for 1HFY2023.

Broker's Calls

CGS-CIMB stay positive on Parkway Life REIT, keep 'add' call and TP of $4.50

Analysts like PLife REIT for its stability, backed by its defensive income structure with inbuilt rent escalation features.
Right timing for IPOs could materialise in 2H2023, especially in China and Hong Kong: iCapital - THE EDGE SINGAPORE

IPO

Right timing for IPOs could materialise in 2H2023, especially in China and Hong Kong: iCapital

Chinese companies have already taken the lead in 1H2023, contributing to 30% of the deal count and 56% of deal volume globally.
LVMH Watch Week celebrates the best in watchmaking by Bulgari, Hublot, TAG Heuer and Zenith - THE EDGE SINGAPORE

Timepieces

LVMH Watch Week celebrates the best in watchmaking by Bulgari, Hublot, TAG Heuer and Zenith

LVMH Watch Week celebrates the best in watchmaking by Bulgari, Hublot, TAG Heuer and Zenith

Broker's Calls

'Hold' on to CapitaLand Investment as it is a potential beneficiary to China's reopening

With China's economy reopening, OCBC is upbeat on CapitaLand Investment's prospects this year.
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