joint ventures (JVs)

AIMS APAC REIT sees opportunities for expansion with redesignations - THE EDGE SINGAPORE

REITs

AIMS APAC REIT sees opportunities for expansion with redesignations

Units in AA REIT closed 1 cent higher or 0.8% up at $1.32 on March 25.

Deals, joint ventures & alliances

MindChamps enters into JV with performing arts school

The new joint venture will specialise in preparing students for the Direct School Admission (DSA) among other certifications.

Yoma awards contracts worth $538 mil to build Yoma Central & The Peninsula Yangon

SINGAPORE (Nov 29): Yoma Strategic Holdings has engaged two construction companies to build Yoma Central and The Peninsula Yangon, both of which sit on a 10-acre site in Yangon with a combined contract value of over US$400 million ($538 million).

Broker's Calls

Disposal gains could lead to higher-than-expected 4Q earnings for SATS

SINGAPORE (May 17): UOB Kay Hian is estimating SATS will post a 25% y-o-y increase in headline net profit when the airline gateway services and food solutions provider reports its FY17 earnings this Friday, versus the street’s implied estimate of 4.3% g

Broker's Calls

Improved cash flow, upcoming rig acquisitions earn Ezion an upgrade

SINGAPORE (March 8): Lim & Tan Securities is upgrading its rating on Ezion Holdings to “hold” from “reduce” previously, mainly because it is now trading at an improved price-to-book value of 0.58x P/B.
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