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SingHaiyi Group
Broker's Calls
DBS keeps Suntec REIT at 'buy' on securing UBS as sole tenant for 9 Penang Road
SINGAPORE (Apr 18): DBS Group Research continues to rate Suntec REIT a “buy” with a target price of $2.12.
April 18, 2019
Results
SingHaiyi 3Q earnings more than double to $4 mil on projects with higher margins
SINGAPORE (Feb 1): Property group SingHaiyi reported 3Q19 earnings more than doubled to $4 million from a year ago as cost of sales fell more than revenue. This brings earnings for 1H19 ended Dec to $13 million, 54% lower than a year ago.
February 01, 2019
Results
SingHaiyi reports 71% fall in 4Q18 earnings to $6.5 mil on lower other income
SINGAPORE (May 24): SingHaiyi Group, diversified real estate company, reported a 70.7% fall in 4Q18 earnings of $6.5 million from a year ago on lower other income.
May 24, 2018
Results
SingHaiyi posts 12.8% increase in 3Q earnings to $1.4 mil even as revenue trebles
SINGAPORE (Feb 7): Property developer SingHaiyi Group saw its earnings grow 12.8% to $1.4 million for the 3Q ended December, from $1.2 million a year ago.
February 07, 2018
Broker's Calls
CIMB thinks these 5 small developers with exposure to Gaobeidian are 'beautiful'
SINGAPORE (Jan 18): CIMB likes five unrated developers with market caps ranging from $140-$470 million and property development activities in Singapore and China, in the Gaobeidian area.
January 18, 2018
Property
SingHaiyi scoops up Park West condo in en bloc sale for $841 mil
SINGAPORE (Jan 11): SingHaiyi Group’s joint-venture firm, SingHaiyi Gold, is acquiring Park West condominium along Jalan Lempeng in Clementi in a collective purchase at a price of $840.9 million.
January 12, 2018
SingHaiyi undertakes rights issue to raise $143 mil in net proceeds
SINGAPORE (Dec 27): SingHaiyi Group is selling up to 1.435 billion new shares at 10 cents each.
December 27, 2017
SingHaiyi in bulk sale of commercial condominium development in California for $128.3 mil
SINGAPORE (Dec 19): Mainboard-listed real estate company SingHaiyi Group has entered into a purchase and sale agreement and initial escrow instructions for the bulk sale of its entire Vietnam Town Phase II units in San Jose, California for US$95.3 million
December 19, 2017
Property
SingHaiyi submits winning bid of $81.1 mil in en bloc purchase of How Sun Park
SINGAPORE (Nov 28): SingHaiyi Group has emerged as the winning buyer in the collective purchase for the property at How Sun Park, a freehold property with a site area of 5,104.3 sqm.
November 28, 2017
SingHaiyi submits $271 mil winning bid for Sun Rosier condo
SINGAPORE (Sept 22): SingHaiyi Group has submitted the winning bid of $271 million for the collective purchase of the property known as Sun Rosier at 5A How Sun Drive.
September 22, 2017