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CapitaLand Ascott Trust
Property
CapitaLand Ascott Trust divests Citadines Karasuma-Gojo Kyoto for JPY6.18 bil
The 124-unit property was divested at 40.1% above book value at an exit ebitda yield of about 0.3%.
October 09, 2024
REITs
CapitaLand Ascott Trust to acquire lyf Funan Singapore for agreed property value of $263 mil
The proposed acquisition is expected to increase CLAS’s total distribution by $3.5 million.
October 01, 2024
REITs
Funds missing from CLAS in Australia
Staff at a CLI unit in Australia reportedly stole funds
September 19, 2024
Broker's Calls
UOBKH adds CLAS and SATS, drops RH Petrogas, SIA Engineering and FEHT from alpha picks
UOBKH’s alpha picks portfolio outpaced the STI in 4QFY2023 and the full year, gaining 2.2% and 8.7% on an equal-weighted basis.
January 04, 2024
Investing ideas
As bulls and bears remain asleep, stay put in high-yield and non-cyclical counters
'Either the share prices go up, or earnings will come down. Of course, we hope valuations will go up'
October 09, 2023
Broker's Calls
UOBKH adds Marco Polo Marine and RH Petrogas, removes Delfi, LHN Group and Yangzijiang from October alpha picks
UOBKH’s alpha picks portfolio beat the STI by 4.7 ppts, “overcoming weak investor sentiment in September”.
October 02, 2023
Investing ideas
Phillip Securities likes CLI for income-generating prowess that covers cradle to grave to 'afterlife'
"Basically, they don't give chance"
April 03, 2023