Markets and Investing
Severe losses ahead for NOL in FY11
As NOL underperformed the market by 27% over the past year on concerns over free falling freight rates and overcapacity in the container shipping industry.
Severe losses ahead for NOL in FY11
As NOL underperformed the market by 27% over the past year on concerns over free falling freight rates and overcapacity in the container shipping industry.
M1 to launch own fibre broadband company
By setting up its own NGNBN operating company, M1 aims to offer more customised solutions and increase its competitiveness in the market.
Sembcorp Industries’ utilities business to grow 8% in FY12
Despite threats of a recession, CIMB still expects growth for SCI’s utilities business, thanks to long-term contracts and the unabated demand for power and water.
Higher CPO production to drive Wilmar’s earnings in 3Q11
Higher production is expected from Wilmar’s oil palms over the next 3 years as a higher proportion of its plantation reaches the prime age of 7-18.
SATS looking to sell UK food business
The company’s UK businesses, the Daniels Group and International Cuisine, account for 21% of its FY11 revenue.
Lian Beng stays strong with $839m worth of contracts until 2014
It’s current order book is among the strongest ever, giving management room to focus on winning contracts while keeping an eye on profitability.
Can Keppel survive the downward spiral for offshore yards?
Kim Eng says Keppel’s US$199m new rig order is not even sustainable, and existing orders may also be cancelled.
Midas’ railway investments plunge 54% to RMB35b in August
It’s share price has come off 7% since August, as it continues to be weighed down by negative news flows in September.
Rotary Engineering clinches S$110m worth of contracts in 3 months
The wins include a "multi-million contract" from Chang Chun Group, a Taiwan-based petrochemical company, for the construction of a chemical plant on Jurong Island.
Singapore’s equity capital market jumps 30.2% in 3Q2011
Citigroup maintains its top spot for investment banking rankings by underwriting US$801m of equity proceeds to date.
Singapore’s Debt Capital Market volume plunges 22% to US$12.4b in 2011
DBS reigns as the top book runner this year, with related proceeds of up to US$2.9b.
King of the road: OKP Holdings set to ride on Singapore’s building boom
As its record gross order book of S$433.3m shows earnings likely leaping over 25% in FY11.
Is Singapore hospitality heading to a pit stop?
The industry outlook for 2012 appears uncertain as travel demand may be affected by the weak economic environment.
Keppel Land’s office rental growth down to 0% in FY12
Phillip Capital lowered its assumptions on office rental growth amid the deteriorating global economic outlook and intensified debt concerns.
Olam set for expansion in the next two years
UOB Kay Hian estimates that the group has sufficient debt capacity for funding of up to S$1.5b acquisitions and new investments.
Are troubles ahead for Capitacommercial Trust?
CIMB says CCT has been the worst performing S-REIT so far, underperforming the STI by 15%.
Singapore’s $3.4b ECM volume ranks second in SE Asia
Guess which South East Asian country topped the ECM ranking?
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