Singapore’s first listed hybrid real estate investment manager, CapitaLand Investment (CLI) has risen from a pro forma net asset value (NAV) of $2.93 as at June 30 to more than $3.52 as at Sept 29. CapitaLand shareholders were given one CLI share at an NAV of just $2.83. Now, CLI’s market cap â€...

Investors have often wondered why seemingly undervalued stocks never seem to get off the ground. Hongkong Land is a prime example of this. Why can’t the stock price narrow the discount between its price and its net asset value (NAV)? In March this year, CapitaLand’s management gave the market a...

FOR the five trading sessions that spanned April 30 to May 6, the Straits Times Index (STI) declined 1.5 per cent bringing the STI's total return for the 2021 year to May 6 to 12.8 per cent.

THE following companies saw new developments that may affect trading of their securities on Wednesday:

PROPERTY group Bonvests Holdings and fruit-juice manufacturer Zhongxin Fruit and Juice both sounded profit warnings on Tuesday for their respective full and half fiscal years ended Dec 31, 2020.

MAINBOARD-LISTED Bonvests Holdings on Monday said its hotel division is experiencing a "significant" decline in revenue amid global travel restrictions. 

THE following companies saw new developments that may affect trading of their securities on Thursday.

BONVESTS Holdings announced on Wednesday that it will revoke its proposed dividend of one Singapore cent per share for the financial year ended Dec 31, 2019 on the back of the negative impact of the Covid-19 outbreak on its business.

BONVESTS Holdings announced on Wednesday that it will revoke its proposed dividend of 1 Singapore cent per share for the financial year ended Dec 31, 2019 on the back of the negative impact of the Covid-19 outbreak on its business. 

BONVESTS Holdings announced that the group may record a loss for the nine months ended Sept 30, mainly due to higher depreciation, start-up costs of a new hotel, higher finance costs and absence of fair value gain on investment properties.

THE following companies saw new developments that may affect trading of their shares on Wednesday: 

SINGAPORE (Sept 3): Hotel operator and property developer Bonvests has acquired a company and several other properties in Morocco, totalling some $29.9 million. In an SGX filing on Tuesday, Bonvests reported that it had acquired a 99.97% stake in Moroccan-registered Goldcove SA for a consideration ...

Property group Bonvests Holdings’ wholly-owned subsidiary Goldcove Pte Ltd has acquired a Moroccan-registered company and several properties for a total sum of about S$29.93 million.

SINGAPORE (July 29): Clearbridge Health is raising $11.34 million from a share placement exercise to accelerate its growth plans in Asia’s healthcare market. Under the terms of the share placement agreement, Clearbridge, will issue some 80.5 million new ordinary shares at 14.1 cents each. This is...