News
Higher For Longer. That is what Global Central Banks are signalling.
Higher For Longer. That is what Global Central Banks are signalling. Why? Because the Fed’s inflation target is 2%. And we are not there yet. There is no reason for them to drop interest rates when inflation is still relatively high. And if the Central Banks & the Federal Reserve
Are We Heading Towards A Deep Recession?
Inflation, War, Market Crashes! Financial Assets such as stocks and crypto-currency have seen massive loss of valuations. Even commodities and gold, which are usually negatively correlated, were not spared! Are we heading towards a long and deep recession? We all know that the economy moves in cycles, sometimes predictably, sometimes
First REIT acquisition of Hospital & Mall in Buton for S$28.5 million.
Byte Sized News: First REIT Strengthens Portfolio With Acquisition In Strategically-Located Port City On Buton Island, Indonesia On 20 July 2017, the manager of First REIT announced that First REIT would be acquiring Siloam Hospitals Buton (SHBN) and a mall, Lippo Plaza Buton (LPB) for a combined S$28.5 million (subjected
FIRST REIT: 2Q17 Financial Results
Byte Sized News Release: First REIT 2Q17 Financial Results First REIT has released their 2Q 2017 financial results on 17 Jul 17. The key highlights and corporate developments are as follows: DPU up 1.4% to 2.14 Singapore cents compared to 2.11 Singapore cents in 2Q 2016 Distribution to Unitholders rose
Byte Sized Investments taking stock of 2016
As 2016 comes to an end, the tempo at work starts to slow, festive lights lit up from every corner of Singapore, it’s time to take stock of what we had done for the year and set our goals for the next. We published a total of 25 articles spanning
Vicom reported a 7.8% drop in net profit for 3Q16
Byte Sized News Release: Vicom reported a 7.8% drop in net profit for 3Q16 1. Revenue for the third quarter was $25.4 million, down 0.1% from the same quarter a year ago. Net profit attributable to shareholders also fell by 7.9% year-on-year to $6.7 million. Earnings per share was 7.67
First REIT to acquire Siloam Hospital Labuan Bajo
Byte Sized News: First REIT expands asset base In Indonesia with acquisition in Labuan Bajo On 7 Nov 2016, Bowsprit Capital Corporation Limited announced that First REIT has entered into a conditional sale and purchase agreement with an indirect wholly-owned subsidiary of PT Lippo Karawaci Tbk, for the proposed acquisition
ST Engineering reports higher profits in 2Q2016
Byte Sized News Release: ST Engineering reports higher profits in 2Q2016 Key highlights Commercial sales constituted 65% or $1.1 billion of 2Q2016 revenue Order book of $11.6 billion at end June 2016, of which about $2.5 billion is expected to be delivered in the remaining months of 2016 Cash and
Why did Vicom’s 2nd quarter’s net profit drop.
Byte Sized News Release: Vicom reported a 12.6% drop in net profit for 2Q16 On 10 Aug 16, Vicom Limited (SGX: V01) released its second-quarter earnings. The reporting period was for 1 April 2016 to 30 June 2016. Revenue for the second quarter was $25.4 million, down 6.9% from the
ARA post 1H16 net profit of S$38.7 million
Byte Sized News Release: ARA posts 1H16 net profit of S$38.7 million ARA Asset Management Limited (ARA) is reported total revenue of S$81.6 million and net profit of S$38.7 million for the quarter ended 30 Jun 16. Recurrent management fees for 1H16 grew strongly by 10% to S$68 million, underpinned