It is a joke to put $Emperador

2022-09-03

It is a joke to put $Emperador Inc.(EMI.SI)$into the STI less than 2 months after listing in SGX, not to mention it is only a secondary listing AND it is an entirely overseas business entity with mininal presence in Singapore. The STI reserve list contains more deserving counters which have longer track records in SGX.

SGX Weekly Review: CDG is Out, S-REIT’s 20th Anniversary and Singapore Banks Raising Interest Rates

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Comments

dnp
2022-09-03
dnp
noted with thanks
Sandyboy
2022-09-03
Sandyboy
They make booze 😺
LuckyPiggie
2022-09-03
LuckyPiggie
many drunken [Cool] [Grin]
LMSunshine
2022-09-03
LMSunshine
Thanks for sharing🤗
Aoyjai
2022-09-04
Aoyjai
Singapore loves foreign stuff!
YYMA
2022-09-03
YYMA
great

Leave a comment

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The STI reserve list contains more deserving counters which have longer track records in SGX.</body></html>","htmlText":"<html><head></head><body>It is a joke to put <a href=\"https://ttm.financial/S/EMI.SI\">$Emperador Inc.(EMI.SI)$</a>into the STI less than 2 months after listing in SGX, not to mention it is only a secondary listing AND it is an entirely overseas business entity with mininal presence in Singapore. The STI reserve list contains more deserving counters which have longer track records in SGX.</body></html>","text":"It is a joke to put $Emperador Inc.(EMI.SI)$into the STI less than 2 months after listing in SGX, not to mention it is only a secondary listing AND it is an entirely overseas business entity with mininal presence in Singapore. The STI reserve list contains more deserving counters which have longer track records in SGX.","highlighted":1,"essential":1,"paper":1,"likeSize":31,"commentSize":25,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/9933083535","repostId":1140752582,"repostType":4,"repost":{"id":"1140752582","pubTimestamp":1662171031,"share":"https://www.laohu8.com/m/news/1140752582?lang=&edition=full","pubTime":"2022-09-03 10:10","market":"sg","language":"en","title":"SGX Weekly Review: CDG is Out, S-REIT’s 20th Anniversary and Singapore Banks Raising Interest Rates","url":"https://stock-news.laohu8.com/highlight/detail?id=1140752582","media":"The Smart Investor","summary":"Welcome to the latest edition of top stock highlights where we bring you the latest updates on corpo","content":"<html><head></head><body>Welcome to the latest edition of top stock highlights where we bring you the latest updates on corporate news and other interesting business snippets.Changes to STI 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ranking non-constituents by market capitalisation.They are, in order of size, Olam Group(SGX: VC2), Suntec REIT(SGX: T82U), Keppel REIT(SGX: K71U), Frasers Centrepoint Trust(SGX: J69U), and Ascott Residence Trust(SGX: HMN).Investors should note that Ascott Residence Trust has replaced Mapletree North Asia Commercial Trust in the reserve list, as the latter had merged with Mapletree Commercial Trust to form Mapletree Pan Asia Commercial Trust(SGX: N2IU).20th anniversary of S-REITsTime flies, and in the blink of an eye, it’s been 20 years since the first SingaporeREIT(S-REIT) was listed on our shores.The REIT Association of Singapore (Reitas) organised an event to celebrate this milestone, and Singapore Exchange’s(SGX: S68) CEO Loh Boon Chye noted that the S-REIT sector continues to be one of the fastest-growing in Asia.S-REITs form the second-largest REIT market outside of Japan, with a total of 43 REITs with a market value of more than S$111 billion, making up close to 12% of the market capitalisation of all SGX stocks.The very first REIT, CapitaMall Trust, was listed on the Singapore market back on 17 July 2002.It was later merged with CapitaCommercial Trust to form CapitaLand Integrated Commercial Trust(SGX: C38U).The REIT market remains buoyant with two recent listings last year of Daiwa House Logistics Trust(SGX: DHLU) and Digital Core REIT(SGX: DCRU).There may be more REIT listings coming up, with Mapletree Investments Pte Ltd said to be mulling a potential initial public offering of its student accommodation assets that could raise US$1 billion.Singapore banks raising deposit ratesThe race is heating up for the banks as they rush to raise deposit rates to stay competitive.DBS Group(SGX: D05) was the first to up the ante, raising the rates on its Multiplier account to a maximum of 3.5% on 1 August, up from 3% previously, for balances of between S$50,000 to S$100,000.OCBC Ltd(SGX: O39) then followed suit on 30 August, raising the maximum interest rate on 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{color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSGX Weekly Review: CDG is Out, S-REIT’s 20th Anniversary and Singapore Banks Raising Interest Rates\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-03 10:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/top-stock-highlights-of-the-week-cdg-is-out-s-reits-20th-anniversary-and-singapore-banks-raising-interest-rates/>The Smart Investor</a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\nWelcome to the latest edition of top stock highlights where we bring you the latest updates on corporate news and other interesting business snippets.Changes to STI constituentsIn its regular ...\n\n<a href=\"https://thesmartinvestor.com.sg/top-stock-highlights-of-the-week-cdg-is-out-s-reits-20th-anniversary-and-singapore-banks-raising-interest-rates/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://thesmartinvestor.com.sg/top-stock-highlights-of-the-week-cdg-is-out-s-reits-20th-anniversary-and-singapore-banks-raising-interest-rates/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1140752582","content_text":"Welcome to the latest edition of top stock highlights where we bring you the latest updates on corporate news and other interesting business snippets.Changes to STI constituentsIn its regular quarterly review of the Straits Times Index(SGX: ^STI), index leader FTSE Russell, a unit of the London Stock Exchange Group(LON: LSEG), announced one change to the constituents.ComfortDelGro Corporation Limited(SGX: C52), the land transport giant with a total fleet size of more than 34,000 buses, taxis and rental vehicles, will be dropped from the bellwether index.In its place, Emperador Inc(SGX: EMI) will be slotted into the index.The Filipino company is the largest liquor company in its home country and is dual-listed on both the Singapore Stock Exchange and the Philippine Stock Exchange.Emperador operates an integrated alcohol business, manufacturing, bottling and distributing distilled spirits and other alcoholic beverages from the Philippines and Europe.Its product portfolio comprises a mix of domestic and foreign brands such as Emperador Light, Andy Player Whisky, Smirnoff Mule, and Fundador, among others.The STI Reserve list has the five-highest ranking non-constituents by market capitalisation.They are, in order of size, Olam Group(SGX: VC2), Suntec REIT(SGX: T82U), Keppel REIT(SGX: K71U), Frasers Centrepoint Trust(SGX: J69U), and Ascott Residence Trust(SGX: HMN).Investors should note that Ascott Residence Trust has replaced Mapletree North Asia Commercial Trust in the reserve list, as the latter had merged with Mapletree Commercial Trust to form Mapletree Pan Asia Commercial Trust(SGX: N2IU).20th anniversary of S-REITsTime flies, and in the blink of an eye, it’s been 20 years since the first SingaporeREIT(S-REIT) was listed on our shores.The REIT Association of Singapore (Reitas) organised an event to celebrate this milestone, and Singapore Exchange’s(SGX: S68) CEO Loh Boon Chye noted that the S-REIT sector continues to be one of the fastest-growing in Asia.S-REITs form the second-largest REIT market outside of Japan, with a total of 43 REITs with a market value of more than S$111 billion, making up close to 12% of the market capitalisation of all SGX stocks.The very first REIT, CapitaMall Trust, was listed on the Singapore market back on 17 July 2002.It was later merged with CapitaCommercial Trust to form CapitaLand Integrated Commercial Trust(SGX: C38U).The REIT market remains buoyant with two recent listings last year of Daiwa House Logistics Trust(SGX: DHLU) and Digital Core REIT(SGX: DCRU).There may be more REIT listings coming up, with Mapletree Investments Pte Ltd said to be mulling a potential initial public offering of its student accommodation assets that could raise US$1 billion.Singapore banks raising deposit ratesThe race is heating up for the banks as they rush to raise deposit rates to stay competitive.DBS Group(SGX: D05) was the first to up the ante, raising the rates on its Multiplier account to a maximum of 3.5% on 1 August, up from 3% previously, for balances of between S$50,000 to S$100,000.OCBC Ltd(SGX: O39) then followed suit on 30 August, raising the maximum interest rate on its flagship 360 Account.Customers can earn up to 4.05% on balances up to S$100,000, up from the previous maximum of 2.38% on balances up to S$75,000.United Overseas Bank Ltd(SGX: U11), or UOB, became the third and final bank to raise the deposit rates on its One Account.Its maximum rate was raised to 3.6%, up from the promotional rate of 3% introduced at the beginning of August.Of course, these rates do come with a slew of terms and conditions that include the crediting of your salary to each of these bank accounts or attaining a minimum spend on select credit and/or debit cards.It’s clear, though, that this jostling for deposits can only benefit the end customer as interest rates continue rising.Investors should be glad to know that all three banks are set to enjoy higher net interest income in the coming quarters as they reprice their loans in line with higher interest rates.","news_type":1},"isVote":1,"tweetType":1,"viewCount":721,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["EMI.SI"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":266,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":103748267,"gmtCreate":1662180553394,"gmtModify":1663258100547,"authorId":4094892517327350,"author":{"id":4094892517327350,"authorId":4094892517327350,"name":"dnp","avatar":"https://static.tigerbbs.com/91187ee647b202cbe0c2620e3757513c","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9933083535,"type":1,"supId":0,"prevId":0,"content":"noted with thanks","text":"noted with thanks","html":"noted with 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