Manulife US REIT declares 0.3% increase in 1H20 DPU to 3.05 US cents on ‘resilient portfolio’
The manager of Manulife US Real Estate Investment Trust (Manulife US REIT) has declared a distribution per unit (DPU) of 3.05 US cents, up 0.3% from 3.03 US cents declared…
3 Attractive Dividend Stocks You Shouldn’t Miss
Many companies pay a dividend, but not all dividend companies are attractive to own. A great dividend stock is one that not only generates a decent dividend yield but is…
CGS-CIMB keeps faith in First REIT despite rent reliefs taking a toll on earnings
First REIT has taken a battering during 1H2020 as Covid-19 ravages property markets. Rent reliefs to beleaguered tenants and uncertainty over master leases have done the trust no favours. Still,…
Aerospace firm Pratt & Whitney axes 390 workers in Singapore as Covid-19 batters industry
Google Maps The retrenchments will affect 19.3 per cent of the more than 2,000 Pratt & Whitney employees in Singapore. SINGAPORE — American aerospace manufacturer Pratt & Whitney will lay…
Stocks to watch: Keppel, SGX, Singapore Airlines, DBS, OCBC, UOB
THE following companies saw new developments that may affect trading of their securities on Monday: Keppel Corporation: The Temasek Holdings unit that last October made a voluntary pre-conditional partial offer…
Engineering stocks rings up full-year net losses – Hiap Tong, TriTech & Tee Intl
THREE engineering-related listed companies have reported full-year net losses, in financial statements released on Thursday night. Catalist-listed crane provider Hiap Tong Corp clocked a net loss of S$8.12 million for…
Sabana Reit gives more details of profit rate swaps, plans to pay out unused retained distributable income
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Broker’s take: DBS maintains ‘buy’ on supermarket plays Sheng Siong, Dairy Farm
DBS Group Research is maintaining its “buy” call on spermarket chain operators Sheng Siong Group and Dairy Farm International. The research team lifted its target price for Sheng Siong to…
Selling intensifies as STI breaks minor support
The Straits Times Index fell further during the shorter week, to 2,529, down 45 points week-on-week, placing it well below its 50- and 100-day moving averages, currently at 2,626 and…
SGX posts 16.6% increase in 4Q20 earnings of $121.1 mil; reports highest revenue since listing of $1.05 bil
Singapore Exchange (SGX) has reported earnings of $121.8 million for 4Q20 ended June 30, 16.6% higher than the $103.9 million a year ago. This brings SGX’s earnings for FY20 to…