Sabana REIT unitholders vote against general mandate as attempt to vote out manager fails

SINGAPORE (April 28): Unitholders of Sabana REIT this morning voted against removing its underperforming REIT manager at its Extraordinary General Meeting but also voted against a general mandate at its Annual General Meeting.

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A new beginning

Ermenegildo Zegna scores a coup by enlisting Robert De Niro and McCaul Lombardi for a campaign called ‘Defining Moments’

In print this week

Are these Chinese water stocks poised to return with a splash?

SINGAPORE (April 28): China-based companies in the water and wastewater treatment sector appear to be awash in contracts.

Highlight

Chairman Chen Tong says ISR Capital to push ahead with Madagascar acquisition

SINGAPORE (April 28): ISR Capital is going ahead with its planned acquisition of a rare earth concession in Madagascar today, says executive chairman Chen Tong at the company’s annual general meeting held earlier this morning.

In print this week

A study of Centurion’s business expansion

SINGAPORE (April 28): As GIC and Temasek Holdings make headlines for increasing their investments in international student accommodation, one local company has been steadily assembling its own student housing portfolio.

Highlight

Singapore’s overall 1Q unemployment rate rises to 2.3% in MOM advance estimates

SINGAPORE (April 28): The overall unemployment rate in Singapore has increased from 2.2% to 2.3% over the first quarter of the year, according to preliminary estimates by the Ministry of Manpower (MOM) released today.

Sabana REIT unitholders vote against general mandate as attempt to vote out manager fails
SINGAPORE (April 28): Unitholders of Sabana REIT this morning voted against removing its...
Sheng Siong 1Q earnings up 4.4% to $17.1 mil on higher revenue from new stores
SINGAPORE (April 28): Supermarket chain Sheng Siong Group posted earnings of $17.1 million for the...
Oxley posts 7% decline in 3Q earnings to $45.7 mil on higher costs & expenses
SINGAPORE (April 28): Property developer Oxley Holdings has declared $45.7 million in earnings...
Micro-Mechanics posts 27% jump in 3Q earnings of $3.5 mil
SINGAPORE (April 28): Micro-Mechanics, the manufacturer of high precision tools and parts for the...
SGX up 0.8% as trading activity rises; derivatives business takes hit
SINGAPORE (April 28): When we added Singapore Exchange to our portfolio on March 14, it was in anticipation of better performance by its equities and fixed-income business group. We have not been disappointed. On April 20, SGX reported its results...
Cogent’s 6.3% gain provides cushion against SGX dip; Sarine Tech added
SINGAPORE (April13): Logistics player Cogent Holdings is up 6.3% from its April 4 close, after it announced some positive developments related to its facilities here and in Malaysia during the past week. That has enabled our Singapore Market...
Adding UOL in bet on office recovery; selling Fischer Tech
SINGAPORE ( March 31): Office rents have been depressed in recent years owing to a glut of supply and downsizing by some tenants. But the sector could be on a rebound, according to industry watchers and property experts. Our cover story last week (...
Sitting tight as markets rally; CNMC buying third mine
SINGAPORE (March 24): Positive investor sentiment continues to hold up. This past week, the Straits Times Index gained 0.5%. Our Singapore Market Portfolio did even better, rising 1.2%. Leading the gainers was egg producer Chew’s Group. The counter...

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Sabana REIT unitholders vote against general mandate as attempt to vote out manager fails
SINGAPORE (April 28): Unitholders of Sabana REIT this morning voted against removing its...
Sheng Siong 1Q earnings up 4.4% to $17.1 mil on higher revenue from new stores
SINGAPORE (April 28): Supermarket chain Sheng Siong Group posted earnings of $17.1 million for the...
Oxley posts 7% decline in 3Q earnings to $45.7 mil on higher costs & expenses
SINGAPORE (April 28): Property developer Oxley Holdings has declared $45.7 million in earnings...
Micro-Mechanics posts 27% jump in 3Q earnings of $3.5 mil
SINGAPORE (April 28): Micro-Mechanics, the manufacturer of high precision tools and parts for the...

Portfolio

SGX up 0.8% as trading activity rises; derivatives business takes hit
SINGAPORE (April 28): When we added Singapore Exchange to our portfolio on March 14, it was in anticipation of better performance by its equities and fixed-income business group. We have not been disappointed. On April 20, SGX reported its results...
Cogent’s 6.3% gain provides cushion against SGX dip; Sarine Tech added
SINGAPORE (April13): Logistics player Cogent Holdings is up 6.3% from its April 4 close, after it announced some positive developments related to its facilities here and in Malaysia during the past week. That has enabled our Singapore Market...
Adding UOL in bet on office recovery; selling Fischer Tech
SINGAPORE ( March 31): Office rents have been depressed in recent years owing to a glut of supply and downsizing by some tenants. But the sector could be on a rebound, according to industry watchers and property experts. Our cover story last week (...
Sitting tight as markets rally; CNMC buying third mine
SINGAPORE (March 24): Positive investor sentiment continues to hold up. This past week, the Straits Times Index gained 0.5%. Our Singapore Market Portfolio did even better, rising 1.2%. Leading the gainers was egg producer Chew’s Group. The counter...
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