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Retail sector
Broker's Calls
Outlook remains challenging for Starhill Global REIT in the near future
SINGAPORE (Nov 1): Starhill Global REIT (SGREIT) announced its 1Q18 results and posted that DPU dropped 7.7% y-o-y to 1.2 cents from 1.3 cents last year.
November 01, 2017
Broker's Calls
Sheng Siong will have to secure new supermarket sites for growth
SINGAPORE (Oct 30): Sheng Siong on Thursday announced its 3Q17 results, posting a 25.7% increase in earnings to $19.7 million compared to $15.7 million last year due to higher revenue, a refund of prior years’ taxes of $2.2 million and marginally lower
October 30, 2017
Broker's Calls
Acquisition and asset enhancement to arrest tenant sales slide at CapitaLand Retail China Trust
SINGAPORE (Oct 25): CapitaLand Retail China Trust on Monday posted its 3Q17 DPU increased 0.4% to 2.37 cents from 2.36 cents last year.
October 25, 2017
Results
FJ Benjamin's 1Q losses narrow; launches rights cum warrants issue
SINGAPORE (Oct 23): FJ Benjamin says it is on the cusp of a recovery following three years of intense restructuring.
October 23, 2017
Results
FJ Benjamin FY17 losses narow 24% to $17.4 mil
SINGAPORE (Aug 24): FJ Benjamin announced losses narrowed 24% to $17.4 million in FY17 from $23 million in FY16. Operating losses decreased 43% to $11.4 million.
August 24, 2017
GLP signs lease agreement for Walmart expansion in China
SINGAPORE (Oct 11): Global Logistic Properties (GLP) today announced a new 32,000 sq m build-to-suit agreement with Walmart to expand the American retail corporation’s existing location in Southern China.
October 11, 2016