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Equity
Credit Suisse crisis
Credit Suisse’s AT1 wiped out but equity holders to receive UBS shares
In the Credit Suisse crisis, this is why equity holders are partially saved while bondholders get nothing
March 20, 2023
Tong's Portfolio
Revisiting perpetual securities
Clearly, companies in many countries have issued perps, but none more so than in Asia and, in particular, China.
April 21, 2022
REITs
Perpetual securities lower gearing but please use sparingly
Perpetual securities are helpful for REITs by keeping their gearing levels manageable, but they should be used sparingly
April 06, 2022
Financially Savvy
Asset classes: Different strokes for different folks
One of the ways the investing universe can be grouped or categorised is by asset classes.
March 17, 2022
Results
Wilmar reports record 3Q core net profit of US$501.4 mil
In addition, a special dividend of 15% of YKA's total IPO proceeds will be declared in 2021 to commemorate its listing.
October 30, 2020
Broker's Calls
Go for lower beta, dividend-paying stocks this year after a disappointing 2018: Phillip
SINGAPORE (Jan 4): Phillip Capital is maintaining its Straits Times Index (STI) target of 3,400 in Oct 2019 – which pegs the market at 13.5 times, or around its ten-year average valuation – as the research house advocates a lower-beta equity portfolio
January 04, 2019
Funds
CPFIS funds grew 3.61% on average in 4Q17
SINGAPORE (Feb 27): The overall performance of the Central Provident Fund Investment Scheme-included funds (CPFIS-included funds) for 4Q17 increased by 3.61% on average, according to findings from Thomson Reuters Lipper.
February 27, 2018
REITs that are unlikely to ask you for money this year
SINGAPORE (Jan 8): When a few real estate investment trusts raised equity through rights issues in 2017, some unitholders were unhappy. Among them were unitholders of Manulife US REIT. This year, though, with a distribution per unit (DPU) uplift from a co
January 15, 2018
Funds
CPFIS funds rose 2.7% on average in 3Q
SINGAPORE (Nov 29): The overall performance of the Central Provident Fund Investment Scheme-included funds (CPFIS-included funds) for 3Q17 ended September increased by 2.7% on average.
November 29, 2017
IPO
SGX tops EY's regional IPO leader board for 3Q with US$1.7 bil in proceeds
SINGAPORE (Sept 28): The Singapore Exchange (SGX) has emerged as Asean’s top initial public offering (IPO) market performer for the third quarter of 2017 with proceeds of US$1.7 billion ($2.3 billion).
September 28, 2017