developer

SINGAPORE (Oct 2): Maybank Kim Eng is reiterating its “buy” call on GuocoLand with an unchanged target price of $2.75, after the property developer last week emerged as the top bidder for a commercial site at Beach Road.

SINGAPORE (Aug 18): AV Jennings, the Australian-based residential property developer, has announced FY17 earnings of A$35.7 million ($38.4 million), down 12.7% from A$40.9 million in FY16 on the back of lower revenue.

SINGAPORE (May 29): Capital World (CW) is a Johor-based property developer that focuses on creating joint ventures (JV) with landowners. Listed on May 5, CW was formed through the reverse takeover of Capital City Group (CCG) by Terratech Group.

SINGAPORE (May 16): UOB Kay Hian is maintaining its “buy” recommendation on Hatten Land with a target price of 43 cents after the Malaysian property developer posted lower-than-expected 3Q17 earnings last Thursday.

SINGAPORE (March 14): UOB Kay Hian is starting coverage of Hatten Land with a “buy” call and a target price of 43 cents.

SINGAPORE (Feb 3): For FY16, Keong Hong Holdings declared a final dividend of 3 cents per share, on top of its interim dividend of 0.5 cents. That was one cent lower than its total dividend payout in FY15 and represented a yield of 8.1%, based on Keong Ho

SINGAPORE (Jan 27): DBS Vickers Securities is reiterating its “buy” call on OUE Hospitality Trust (OUE HT) after its manager on Wednesday declared a distribution per unit (DPU) of 1.36 cents for the fourth quarter ended Dec 31, 2016.

SINGAPORE (Nov 17): DBS Vickers Securities is reiterating its “buy” recommendation on China-based real-estate developer Yanlord Land Group with a price target of $1.46, in anticipation of decent 4Q earnings delivery and a higher dividend payout.

SINGAPORE (Oct 7): A rise in the number of en-bloc sales is signalling property developers are hungry for land amid a dearth in land bank supply, according to DBS Research.

SINGAPORE (June 1): Golden Glory Group, a developer of Myanmar real estate, is planning an initial public offering in Singapore this year as the opening of the frontier market spurs property demand in Southeast Asia’s fastest-growing economy.