SINGAPORE-listed Manulife US Reit has announced a preferential offering of 22 new units for every 100 held at US$0.865 per unit to raise some US$197.2 million.

SINGAPORE (May 16): RHB Research is maintaining its “overweight” on S-REITs despite market worries over higher interest rates, preferring the hospitality and industrial sub-sectors which are poised to tap into demand growth. Key to the improving market outlook for S-REITs is a pickup in broad-ba...

SINGAPORE-listed Manulife US Reit has announced a preferential offering of 22 new units for every 100 held at US$0.865 per unit to raise some US$197.2 million. 

SINGAPORE (May 16): The manager of Manulife US Real Estate Investment Trust (Manulife US REIT) is seeking to sell around 227.9 million new units at US$0.865 each to raise US$197.2 million ($265 million) in a preferential offering. The issue price represents a discount of about 7.9% to the volume wei...

SINGAPORE-listed Manulife US Reit has announced a rights issue of 22 new units for every 100 held at US$0.865 per unit to raise some US$197.2 million. 

SINGAPORE (May 2): RHB Research is keeping its “buy” call on Manulife US REIT (MUST) with an unchanged target price of US$1.00 following “another steady quarter” in 1Q18. MUST posted an 8.5% decline in distribution per unit (DPU) to 1.51 US cents for the 1Q ended March, mainly due to an enla...

MANULIFE US Real Estate Investment Trust on Monday reported a restated distribution per unit (DPU) of 1.51 US cents for its first quarter ended March 31, 2018, down 0.7 per cent from 1.52 US cents a year ago. The DPU was restated to account for the rights issue, through which 299.3 million u...

SINGAPORE (Apr 30): The manager of Manulife US Real Estate Investment Trust (Manulife US REIT) has announced an 8.5% decline in distribution per unit (DPU) to 1.51 US cents for the 1Q ended March, from 1.65 US cents a year ago. This was mainly due to an enlarged unit base following a rights issue, w...

SINGAPORE (Apr 30): Here are some stocks that could move the market this Monday morning: DBS Group’s 1Q earnings increased 21% to $1.51 billion from $1.21 billion a year ago. Net profit came in 26% higher at a record $1.52 billion. Total income increased 16% to $3.36 billion, led by broad-based gr...

THE following companies saw new developments which may affect trading of their shares on Monday:

MANULIFE US Real Estate Investment Trust (Reit) on Monday reported a restated DPU (distribution per unit) of 1.51 US cents for its first quarter ended March 31, 2018, down 0.7 per cent from 1.65 US cents a year ago.

SINGAPORE (Apr 17): DBS is maintaining its “buy” call on Manulife US REIT (MUST) with a target price of $1.00. This came on the back of the REIT acquiring two office properties – namely 1750 Pennsylvania Avenue (Penn) in Washington DC and Phipps Tower (Phipps) in Buckhead, Atlanta – from its...

SINGAPORE (Apr 16): RHB is maintaining its “buy” on Manulife US REIT but raising its target to US$1 from 98 US cents to factor in 1-2% higher FY18-20 DPU forecasts on contributions from its latest acquisitions. The manager of Manulife US REIT last week announced the acquisition of two office pro...

MANULIFE US Real Estate Investment Trust (Manulife US Reit) on Friday announced it has entered into agreements to acquire two properties in the US for US$387 million, and has established a US$1 billion multicurrency debt issuance programme aimed at increasing its financial flexibility by div...

THE following companies saw new developments which may affect trading of their shares on Friday:

MANULIFE US Real Estate Investment Trust (Manulife US Reit) on Friday announced it has entered into agreements to acquire two properties in the US for US$387 million, and has established a US$1 billion multicurrency debt issuance programme aimed at increasing its financial flexibility by div...

THE following companies saw new developments which may affect trading of their shares on Friday: