Markets and Investing
Sino Grandness’ revenue doubles to RMB177.8m in 1H2011
Phillip Capital says the company’s booming beverage business may boost FY13 net profit to RMB175m.
Sino Grandness’ revenue doubles to RMB177.8m in 1H2011
Phillip Capital says the company’s booming beverage business may boost FY13 net profit to RMB175m.
CapitaMall Trust’s revenue up 6% to S$159.2m in 3Q11
As it earned an additional S$4m from Illuma and S$7m from higher rentals.
Tiong Seng leads as Singapore’s “green contractor”
The group has an established track record in the construction of "green buildings" in Singapore, having won two contracts from HDB’s eco-projects in Punggol West.
Ascendas REIT’s revenue rises 9.6% to S$121.7m in 2Q12
A-REIT continues to deliver despite the uncertain economic environment, with occupancy rates surging 96.4%.
Noble Group spin‐off may not pull through
Kim Eng says the spin-off might not even happen given the uncertain market environment.
Yangzijiang on track for record profits in 2011
The company announced that it is “confident to deliver not less than 30% growth in net profit” in the next 9 months.
SC Global leads Singapore’s luxury property market
As it continues to achieve record‐breaking selling prices, fetching a premium for its products.
Can SembCorp catch up to Keppel?
SembCorp better shape up soon as it is trailing behind Keppel in terms of jackup order wins.
ASL Marine stays strong with S$267m worth of new contracts
OCBC estimates these will fatten up ASL's order book to about S$570m.
Singapore Press Holdings’ revenue rise 7.6% to S$315.6m in 4Q11
However, its property segment earnings plunged 68% to S$75.6 due to the end of contributions from Sky@eleven last year.
Singapore Exchange is your gateway to the ASEAN region
Management plans to attract larger international listings in Singapore by marketing SGX as the gateway to Asia.
Resilient rents drive Mapletree Logistics Trust’s growth in 3Q11
MLT shared that it has already secured a majority of the leases that are up for renewal in 3Q11.
SMRT’s revenue may jump 4.9% to S$258m in 2Q12
OCBC expects SMRT’s ridership levels to surge in the coming years as the government is planning to reduce vehicle growth rates.
PEC ripe for a rebound with $300m orderbook
Despite PEC’s share price plunging 31%, its relatively stable earnings backed by a decent orderbook should pull it through.
Lian Beng bulldozes ahead with a 21% jump in revenue
Things are looking good for Lian Beng as its revenue amounted to a whopping $135.8m in 1Q11.
City Developments acquires 30% stake in Millenium & Copthorne’s Ginza project
M&C owns the remaining 70% stake, allowing it to gain a strategic foothold in Tokyo’s most famous shopping, dining and entertainment district.
Clearer skies ahead for CSE in 3Q11
CIMB projects a much improved 3Q11 for CSE, with earnings of S$15m and around S$190m worth of orders.