Here are some stocks that could move the market this Thursday morning:
Olam International is to issue US$500 million ($674 million) of perpetual capital securities under its US$5 billion Euro Medium Term Note (EMTN) Programme. The securities bear a distribution rate of 5.35% for the first five years. The rate will then be reset at the end of five years from the issue date and each date falling every five years thereafter. Olam closed 1.07% higher on Wednesday at $1.89.
See Olam to issue US$500 mil of perpetual capital securities
Developer Yanlord Land Group is acquiring a 30% stake in the project company which holds an 3.2 million sf prime residential site in Suzhou city’s Gusu district, which was acquired through a public land auction for RMB4 billion ($806 million). Yanlord shares closed 2.6% higher at $1.175 on Wednesday.
See Yanlord Land partners China Ping An unit to develop Suzhou residences
Soilbuild Business Space Real Estate Investment Trust (SB REIT) has declared a distribution per unit of 1.57 cents for 2QFY2016, a 3.1% decline from a year ago. Net property income rose 3.7% to $17.3 million, due to the $0.6 million decrease in property tax expenses for West Park BizCentral. SB REIT units closed higher at 70 cents on Wednesday.
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Olam International is to issue US$500 million ($674 million) of perpetual capital securities under its US$5 billion Euro Medium Term Note (EMTN) Programme. The securities bear a distribution rate of 5.35% for the first five years. The rate will then be reset at the end of five years from the issue date and each date falling every five years thereafter. Olam closed 1.07% higher on Wednesday at $1.89.
See Olam to issue US$500 mil of perpetual capital securities
Developer Yanlord Land Group is acquiring a 30% stake in the project company which holds an 3.2 million sf prime residential site in Suzhou city’s Gusu district, which was acquired through a public land auction for RMB4 billion ($806 million). Yanlord shares closed 2.6% higher at $1.175 on Wednesday.
See Yanlord Land partners China Ping An unit to develop Suzhou residences
Soilbuild Business Space Real Estate Investment Trust (SB REIT) has declared a distribution per unit of 1.57 cents for 2QFY2016, a 3.1% decline from a year ago. Net property income rose 3.7% to $17.3 million, due to the $0.6 million decrease in property tax expenses for West Park BizCentral. SB REIT units closed higher at 70 cents on Wednesday.
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
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