In its 2022 outlook strategy report dated Jan 6, PhillipCapital’s head of research Paul Chew has listed four themes he expects to see during the year. These are: inflation peaking and the easing of supply chain constraints; vaccines to bend mortality [rates]; modestly higher interest rates and a r...

The suite of dairy derivatives by the New Zealand Exchange (NZX) will trade exclusively on the Singapore Exchange (SGX) from Nov 29 onwards. The partnership agreement, which was designed to unlock and boost the growth potential of the dairy derivatives market developed by NZX, was signed by both SGX...

CGS-CIMB Research analysts Ong Khang Chuen and Kenneth Tan have maintained “hold” on Dairy Farm International (DFI) in view of the challenging operating environment for the time being. Ong and Tan have also cut their target price estimate on DFI to US$3.50 ($4.75) from US$3.80, which is still ba...

Hong Kong based conglomerate Jardine Matheson Holdings has reported seeing “encouraging improvement” in many of its businesses in the third quarter over this time last year. However, challenges caused by the pandemic persists. “Conditions are expected to remain uncertain across the Group’s...

THE Urban Redevelopment Authority (URA) has launched a residential site at Dairy Farm Walk for sale via public tender on Thursday (Oct 21).

THE Urban Redevelopment Authority (URA) has launched a residential site at Dairy Farm Walk for sale via public tender on Thursday (Oct 21).

Yanlord Land Group, which won the best ROE in the real estate sector at last year’s Billion Dollar Club, has kept this award this year. For the three financial years taken into consideration for judging this year’s winner, Yanlord managed to generate a weighted ROE of 11.1 times. In addition, Ya...

UOB Kay Hian analyst Adrian Loh believes that despite margin pressures impacting Dairy Farm International (DFI) in 2021, “incrementally positive newsflow” should benefit the company in the medium term. This includes higher vaccination numbers in DFI’s markets like Hong Kong, Indonesia, Malaysi...

Japfa is selling 5% in its China-based milk subsidiary for US$58.4 million ($78.5 million), to boost its position as the country’s largest independent raw milk producer. The transaction values AustAsia Investment Holdings, as this subsidiary is called, at US$1.17 billion. The buyer, New Hope, is a...

Jardine Matheson Holdings Ltd. group stocks have turned from some of Singapore’s best performers to the worst this year amid a resurgence of coronavirus infections in Southeast Asia. Shares of the venerable trading firm, which gets more than half of its annual revenue from Southeast Asia, dropped ...