Wheelock Properties

SINGAPORE (Oct 2): Wheelock and Company will proceed to delist Wheelock Properties (Singapore) from the Singapore Exchange following the successful conclusion of its $2.10 privatisation offer for the latter.

SINGAPORE (May 14): Wheelock Properties announced 1Q18 earnings increased more than threefold to $30.8 million, compared to $9.19 million in 1Q17 on higher share of profit of associates.

SINGAPORE (Dec 14): OCBC Investment Research says upside remains even as 2018 is unlikely to see a repeat of the “stellar gains” this year.

SINGAPORE (Nov 24): OCBC Investment Research is maintaining its “buy” call on Wheelock Properties with an unchanged fair value estimate of $2.27, given the stock is attractively priced at 0.74 times FY16 book.

SINGAPORE (Nov 14): Wheelock Properties reported 3Q17 earnings increased by 72.1% to $48.8 million compared to 28.3 million in 3Q16.

SINGAPORE (Sept 28): OCBC is maintaining an “overweight” rating on Singapore’s property sector.

SINGAPORE (Aug 11): Wheelock Properties announced earnings of $36.5 million for 2Q17 ended June, up 3.4% on-year from the $35.3 million in 2Q16.

SINGAPORE (June 14): Many investors may not be aware that the Straits Times Index (STI) maintains one of the highest dividend yields across stock markets in Asia Pacific.

SINGAPORE (May 12): Wheelock Properties reported a 9.8% fall in 1Q17 earnings to $10 million from a year ago.

SINGAPORE (March 20): Chinese tycoon Gordon Tang has emerged as a substantial shareholder in OUE Commercial REIT (OUE C-REIT).