The following stocks may be in focus today:
Frasers Centrepoint Trust's (FCT’s) distribution per unit rose 2.6% to 3.039 cents in the second quarter ended March 31, 2016, from 2.963 cents a year ago. Net property income was marginally higher at $33.68 million, up 0.4% from $33.55 million previously. In March, FCT prepaid part of the $264 million bank borrowing due July through a draw-down of a new five-year $80 million secured bank borrowing. Its gearing level stood at 28.3%. Its portfolio occupancy declined to 92.0% as at March 31, 2016, from 94.5% in the prior quarter, due mainly to asset enhancement initiative works at Northpoint.
IHH Healthcare’s subsidiary Acibadem is planning to acquire Bulgaria-based Tokuda Group and merge with City Clinic Group in two separate deals worth a total of 76 million euros ($115.5 million).
Property developer Guocoland's earnings plunged 77% y-o-y to $11.31 million for the third quarter ended March 31. Revenue slipped 49% to $165.95 million, mainly due to an en-bloc sale of serviced apartments in Shanghai Guoson Centre in the year-ago period.
YuuZoo Corp has inked a franchise agreement with Mexico-based Media Rock S.A. de C.V. for the latter to incorporate the former’s payment platform YuuPay into its online stores. Media Rock is a digital entertainment agency that has clients including Busca Corp, Yahoo, Sony, Terra Networks, CBS and Warner Brothers, among others. In addition to payments, YuuZoo says it intends to offer its integrated social e-commerce platform in Mexico. The revenues generated from advertising, e-commerce, gaming and payments will be shared between YuuZoo and Media Rock, under the business model used by all YuuZoo franchisees.
Wee Hur Holdings announced its subsidiary Wee Hur Construction has clinched an $82.2 million contract to design and construct a 5-storey warehouse with an industrial canteen at Pioneer Road. The contract was awarded by HSBC Institutional Trust Services, as trustee of Mapletree Logistics Trust
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
Frasers Centrepoint Trust's (FCT’s) distribution per unit rose 2.6% to 3.039 cents in the second quarter ended March 31, 2016, from 2.963 cents a year ago. Net property income was marginally higher at $33.68 million, up 0.4% from $33.55 million previously. In March, FCT prepaid part of the $264 million bank borrowing due July through a draw-down of a new five-year $80 million secured bank borrowing. Its gearing level stood at 28.3%. Its portfolio occupancy declined to 92.0% as at March 31, 2016, from 94.5% in the prior quarter, due mainly to asset enhancement initiative works at Northpoint.
IHH Healthcare’s subsidiary Acibadem is planning to acquire Bulgaria-based Tokuda Group and merge with City Clinic Group in two separate deals worth a total of 76 million euros ($115.5 million).
Property developer Guocoland's earnings plunged 77% y-o-y to $11.31 million for the third quarter ended March 31. Revenue slipped 49% to $165.95 million, mainly due to an en-bloc sale of serviced apartments in Shanghai Guoson Centre in the year-ago period.
YuuZoo Corp has inked a franchise agreement with Mexico-based Media Rock S.A. de C.V. for the latter to incorporate the former’s payment platform YuuPay into its online stores. Media Rock is a digital entertainment agency that has clients including Busca Corp, Yahoo, Sony, Terra Networks, CBS and Warner Brothers, among others. In addition to payments, YuuZoo says it intends to offer its integrated social e-commerce platform in Mexico. The revenues generated from advertising, e-commerce, gaming and payments will be shared between YuuZoo and Media Rock, under the business model used by all YuuZoo franchisees.
Wee Hur Holdings announced its subsidiary Wee Hur Construction has clinched an $82.2 million contract to design and construct a 5-storey warehouse with an industrial canteen at Pioneer Road. The contract was awarded by HSBC Institutional Trust Services, as trustee of Mapletree Logistics Trust
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
0 comments:
Post a Comment