Markets and Investing
Ascendas REIT has no major refinancing needs till 2013, says analyst
OCBC estimates almost S$1b of additional debt headroom for A-REIT.
Ascendas REIT has no major refinancing needs till 2013, says analyst
OCBC estimates almost S$1b of additional debt headroom for A-REIT.
Popular Holdings seals en-bloc deal to buy Permai Court
The freehold site at Kampong Bahru was acquired for $20.25m.
Ezion Holdings posts strong growth despite volatile market
As its 3Q11 core net profit is expected to improve to US$13.5m with the addition of one new liftboat last June.
Investors should brace for more volatility, warns analyst
Flat earnings in FY11 and recessionary possibility puts FY12 earnings growth of 10% at risk.
Ezra Holdings sets aside intention to raise fresh capital
DMG believes the company is looking for 6-7% yield on the perpetual capital securities.
Global Palm's slower expansion hampers future growth
The company’s new plantings of 445 ha in 1H11 only make up 27% of its target, hinting that it may not be able to reach its target at all.
Shopping galore: Frasers Centrepoint Trust’s game changer may be Causeway Point
CIMB sees upside for rents (S$12.20 psf) and ROI to beat management’s expectations for the refurbishment.
Roxy Pacific Holdings safe from liquidity crisis, says analyst
About 56% of its debt is secured on sold-out projects and the remaining on land sites, so don’t fret.
Cutting line with Vodafone may shave M1’s profits by 5-10%
As roaming revenue from Vodafone and its partners form a substantial 8-10% of M1’s total revenue.
Nestle to resume crude palm oil purchases from Golden Agri-Resources’ subsidiary
The food giant says further business will depend on PT SMART's ability to meet the responsible sourcing guidelines and RSPO certification.
UOB on track towards ASEAN expansion
As 36% of its group profits in 1H 2011 came from markets outside Singapore.
Positive surprises ahead for Golden Agri-Resources
The company is expected to post positive earnings in 3Q11, buoyed by still resilient crude palm oil prices.
Keppel stays strong with S$9.1b worth of orders until 2014
However, there’s some serious competition coming in the form of Chinese yards which are generally perceived to have good access to capital.
Raffles Medical Group’s healthcare segment robust amidst recession
Despite a general belt-tightening mood among Singaporeans, healthcare consumption has not slowed as it contributes nearly 80% of the group’s revenue.
KSH Holdings’ order book could grow to S$600-S$800m
The future seems bright for KSH as its recent spate of large condominium launches, such as Luxurie, Boathouse Residences and EuHabitat could offer tender opportunities for the company.
Frasers Commercial Trust’s earnings resilient from master leases
Over 47% of its revenue is tied to master leases of up to 25 years.
OKP Holdings’ revenue grew 17.5% in 5 years
To date, it has completed more than S$250m worth of roads and civil engineering projects for the Land Transport Authority.