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

KOUFU Group expects operating profits for the second half of 2020 to be "significantly lower" than the year-ago period due to Covid-19's impact, as well as new outlets that are still in the stabilisation phase and have yet to contribute positively, the food and beverage group ...

As an unusual 2020 US Presidential campaign draws to a close, local investors are hoping that Democratic candidate Joe Biden wins the upcoming elections. According to DBS analysts Yeo Kee Yan and Chung Wei Le, a Biden victory would see a more constructive relationship with China, benefitting Chinese...

“We believe the worst is over for Singapore F&B Foodservice barring an unforeseen return to Phase 1 of the Circuit Breaker. With the gradual opening of the economy, we see F&B Foodservice improving as more activities resume,” says lead DBS Group Research analyst Alfie Yeo in an Oct 23 re...

UOBKayHian (UOBKH) is continuing to look at equities with a focus on high-quality companies that have a strong earnings outlook, re-opening plays, exposure to the Chinese market as well as selected cyclicals. “With subdued near-term inflation and aggressive monetary policies globally, interest rat...

Analysts are craving for more of coffeeshop operator Kimly as they deem the stock to be a beneficiary of the current Covid-19 situation. Despite Singapore well into Phase 2 and the government hinting that Phase 3 is “coming soon”, many are still working from home and becoming more price sensitiv...

CGS-CIMB Research is maintaining its “add” or “buy” call and target price of 85.4 cents on Lendlease Global REIT (LREIT).  This is expected to give the counter a 27.4% upside from its 67 cent price on October 1, analysts Eing Kar Mei and Darren Ong say. “We believe LREIT is a domestic...

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

KOUFU Group wants to expand its Supertea and R&B Tea brands to the Philippines, and has given the Philippine-listed F&B group Shakey’s Pizza Asia Ventures the rights to retail them under a master franchise agreement. 

Koufu will bring its Supertea and R&B Tea brands to the Philippines, after subsidiary Super Tea entered into a master franchise agreement with Shakey’s Pizza Asia Ventures.   This is Koufu’s maiden entry into the Philippines, and it said the tea beverage brands will act as a c...