acquisitions

SINGAPORE (Feb 20): CIMB Securities is reiterating its “add” recommendation on CapitaLand with an unchanged price target of $4.19, after the property developer’s recent announcement of some $620.1 million worth of acquisitions in Japan.

SINGAPORE (Feb 17): CapitaLand has agreed to acquire a portfolio of four income-producing office and retail properties in Japan’s Greater Tokyo Area, at JPY49.7 billion ($620.1 million).

SINGAPORE (Feb 15): CIMB Research is maintaining its “add” call on Croesus Retail Trust (CRT) with an unchanged target price of 98 cents, following a strong quarter where the REIT reported a 5.2% DPU increase to 1.81 cents for 2Q17.

SINGAPORE (Feb 7): DBS Vickers Securities is reiterating its “buy” recommendation on Frasers Industrial & Logistics Trust (FLT) with a price target of $1.10, on the belief that the REIT offers steady returns with the “firepower” to make further ac

SINGAPORE (Jan 25): Union Steel has declared earnings of $0.48 million for 2Q17, which is more than four times of the $0.11 million posted a year ago.

SINGAPORE (Dec 22): RHB and CIMB are reiterating their “buy” calls on ComfortDelGro at higher target prices of $2.91 and $3.24 respectively.

SINGAPORE (Dec 21): DBS Vickers Securities is maintaining its “buy” call on mm2 Asia, the films and TV production house, with a target price of 56 cents.

(Dec 5): Japan's Panasonic Corp is in the final stages of talks to buy European automotive light maker ZKW Group for up to US$1 billion ($1.4 billion), accelerating its push into the automotive electronics market, the Nikkei business daily reported Mo

SINGAPORE (Dec 1): UOB Kay Hian is maintaining its “buy” recommendation on property management services company LHN Limited with a lower target price of 28 cents from 32 cents previously.

SINGAPORE (Dec 1): New Silkroutes Group announced that it is raising up to $25 million in a share placement exercise.