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Broker's Calls
New China developments to boost CapitaLand’s earnings this year, and beyond
SINGAPORE (July 5): Maybank Kim Eng Research is maintaining its “hold” call on property developer CapitaLand at an unchanged target price of $3.75, while noting that valuations appear fair following its strong rally in the year to date.
July 05, 2017
Broker's Calls
Growth opportunities abound for Best World beyond China
SINGAPORE (May 22): DBS Vickers Securities continues to rate Best World International at “buy” with an adjusted target price of $1.65 after hosting the developer, manufacturer and distributor of skincare and wellness products’ non-deal roadshow (NDR
May 22, 2017
Best World International recognised as direct selling company in China
SINGAPORE (Nov 21): Best World International has been recognised by China’s Ministry of Commerce (MOFCOM) as the latest addition to the list of direct selling companies in China on its website, says the group in a release last Thursday.
November 21, 2016
CapitaLand’s Ascott expands presence in China with 8 new serviced residences
SINGAPORE (Nov 10): CapitaLand today announced its wholly-owned serviced residence business unit, The Ascott Limited, will be expanding its presence in China after inking contracts to manage eight new serviced residents in China’s cities of Beijing, Cho
November 10, 2016
Results
EC World REIT reports DPU of 0.991 cents in maiden results, 2.5% shy of forecasts
SINGAPORE (Oct 28): EC World Asset Management, the manager of newly-listed EC World REIT, announced a distribution per unit (DPU) of 0.991 cents for its first reporting period from Jul 28 to Sept 30 – 2.5% under the forecast 1.016 cents due to a shortfa
October 28, 2016
More to China’s G20 Summit than Obama’s plane squabble
SINGAPORE (Sept 7): Described by some as “uneventful” and “short on substance”, the recently-concluded G20 Summit in Hangzhou was unfortunately overshadowed by a squabble over a mobile stairway.
September 07, 2016
With less near-term worries, China’s policymakers may think bigger for G20
SINGAPORE (Aug 29): HSBC Global Research believes China’s policymakers will be seeking to advocate a “more medium-term agenda” for the global economy in next week’s G20 Leaders Summit.
August 29, 2016
5 reasons to NOT participate in EC World REIT’s IPO
SINGAPORE (July 19): Religare is recommending investors “do not participate” in the upcoming Singapore initial public offering (IPO) for EC World REIT, citing a number of downside risks.
July 19, 2016
Best World International’s subsidiary granted direct selling licence in China
SINGAPORE (July 1): Best World International announced subsidiary Best World (Zhejiang) Pharmaceutical Co. (BWZ) was granted on Thursday a direct selling licence by China’s Ministry of Commerce.
July 01, 2016