Almost every sector in the Straits Times Index (STI) enjoys a tailwind,” he says.First, bank earnings are set to enjoy a huge lift upon entering an interest rate cycle, as a 100 basis point rise in rates can increase earnings by around 18%. “We believe the three domestic banks have excess deposi...

PhillipCapital has replaced Thai Beverage Public Co with Del Monte Pacific in its current list of “Absolute 10 Model Portfolio”. For analyst Vivian Ye, her pick of Del Monte Pacific is based on how the consumer foodstuff maker took a turn for the better as the result of a restructuring exercise....

Dai Yung Huei, the largest shareholder of Asian Pay TV Trust (APPT), has seen his stake in the business trust rise via a series of open market purchases since late last year. The most recent acquisitions were made on Jan 18 when Araedis Investment, which Dai and his wife Wang Hsueh-Mei controls, acq...

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 following companies saw new developments that may affect trading of their securities on Tuesday (Dec 28):

Asian Pay Television Trust

FOR the five trading sessions that spanned Sept 24 to 30, the Straits Times Index (STI) gained 0.3 per cent, while the FTSE China A50 Index, Hang Seng Index and FTSE Bursa Malaysia KLCI averaged a 2.1 per cent gain.

Following a trading halt on July 14, the manager of Asian Pay Television Trust (APTT) announced that that the National Communications Commission of Taiwan (NCC) has rejected the proposed transaction for Da Da Digital Convergence to acquire a 65% stake in its sole shareholder, Dynami Vision. Da Da Di...

MAINBOARD-LISTED Asian Pay Television Trust (APTT) has declared a distribution per unit (DPU) of 0.25 Singapore cent for the first quarter ended March 31, down 16.7 per cent from its DPU of 0.3 cent in the year-ago period.

Asian Pay Television Trust (APTT) has announced an ordinary interim distribution per unit (DPU) of 0.25 cents for the 1QFY2021 ended March, lower than the 0.30 cents declared in the prior year. APTT reaffirmed its full-year distribution guidance of 1 cent in its quarterly financial results announcem...