Wheelock Properties

Buyout

Parent company garners 90.1% stake in Wheelock Properties at close of offer; starts delisting process

SINGAPORE (Oct 2): Wheelock and Company will proceed to delist Wheelock Properties (Singapore) from the Singapore Exchange following the successful conclusion of its $2.10

Property

Wheelock Properties' 1Q earnings jump more than threefold to $30.8 mil on profits from associates

SINGAPORE (May 14): Wheelock Properties announced 1Q18 earnings increased more than threefold to $30.8 million, compared to $9.19 million in 1Q17 on higher share of profit of associates.

Broker's Calls

Stick with these quality companies for upside in 2018, says OCBC

SINGAPORE (Dec 14): OCBC Investment Research says upside remains even as 2018 is unlikely to see a repeat of the “stellar gains” this year.

Broker's Calls

Robust balance sheet & occupancy rates keep Wheelock Properties at 'buy'

SINGAPORE (Nov 24): OCBC Investment Research is maintaining its “buy” call on Wheelock Properties with an unchanged fair value estimate of $2.27, given the stock is attractively priced at 0.74 time

Results

Wheelock Properties posts 72% rise in 3Q earnings to $49 mil

SINGAPORE (Nov 14): Wheelock Properties reported 3Q17 earnings increased by 72.1% to $48.8 million compared to 28.3 million in 3Q16.

Sector Focus

Singapore residential sector expected to show first rebound in 4 years

SINGAPORE (Sept 28): OCBC is maintaining an “overweight” rating on Singapore’s property sector.

Results

Wheelock Properties records 3.4% rise in earnings to $36.5 mil

SINGAPORE (Aug 11): Wheelock Properties announced earnings of $36.5 million for 2Q17 ended June, up 3.4% on-year from the $35.3 million in 2Q16.

High-yielding billionaire stocks extend beyond the STI

SINGAPORE (June 14): Many investors may not be aware that the Straits Times Index (STI) maintains one of the highest dividend yields across stock markets in Asia Pacific.

Results

Wheelock Properties sees 9.8% fall in 1Q earnings to $10 mil

SINGAPORE (May 12): Wheelock Properties reported a 9.8% fall in 1Q17 earnings to $10 million from a year ago.

Gordon Tang of Singhaiyi becomes substantial unitholder in OUE C-REIT

SINGAPORE (March 20): Chinese tycoon Gordon Tang has emerged as a substantial shareholder in OUE Commercial REIT (OUE C-REIT).

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