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2023-11-01
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it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/236604370403448","repostId":"1137449261","repostType":2,"repost":{"id":"1137449261","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1698799954,"share":"https://www.laohu8.com/m/news/1137449261?lang=&edition=full","pubTime":"2023-11-01 08:52","market":"sg","language":"en","title":"Singapore Stocks to Watch: Great Eastern, Paragon Reit, Parkway Life Reit, First Reit, CLI","url":"https://stock-news.laohu8.com/highlight/detail?id=1137449261","media":"Tiger Newspress","summary":"THE following companies saw new developments that may affect trading of their securities on Wednesday (Nov 1):Great Eastern reported a 21 per cent increase in net profit to S$180.2 million for the th","content":"<html><head></head><body><p>THE following companies saw new developments that may affect trading of their securities on Wednesday (Nov 1):</p><p><strong>Great Eastern </strong> reported a 21 per cent increase in net profit to S$180.2 million for the third quarter ended September, compared to S$149.3 million in the same period last year.</p><p style=\"text-align: start;\">This came on the back of a 5 per cent increase in total weighted new sales to S$419.4 million, driven by Singapore sales due to new product launches, said the insurance arm of OCBC on Wednesday (Nov 1).</p><p style=\"text-align: start;\">The group’s new business embedded value stood at S$183.7 million, 8 per cent lower than the S$198.7 million in the corresponding quarter last year.</p><p><strong>Paragon Reit’s </strong>gross revenue grew 1.2 per cent to S$215.6 million over the first three quarters of its financial year ended on Sep 30, from S$213.1 million over the same corresponding period last year.</p><p style=\"text-align: start;\">In local currency terms, gross revenue for its Singapore increased 2.4 per cent, while its Australia assets’ revenue rose 5.4 per cent over the same period, said the real estate investment trust (Reit) on Tuesday (Oct 31) in a business update filed on the Singapore Exchange.</p><p style=\"text-align: start;\">The Reit said that it has a occupancy rate of 98.1 per cent across its portfolio, with a weighted average lease expiry of 5.2 years by net lettable area.</p><p><strong>Parkway Life Real Estate Investment Trust</strong>’s (Parkway Life Reit) distribution per unit (DPU) for the first nine months of the fiscal year came in at S$0.1099, up 2.8 per cent on the year from S$0.107.</p><p style=\"text-align: start;\">On Wednesday (Nov 1), its manager said this is inclusive of a third-quarter DPU of S$0.037, which will form part of the H2 distribution when the Reit announces its full-year results.</p><p style=\"text-align: start;\">Certain distribution adjustments were taken into consideration to arrive at the Q3 DPU, with these adjustments subject to a further tax review during the period of distribution.<br/><strong>First REIT</strong> has reported a distribution per unit (DPU) of 1.86 cents for the 9MFY2023 ended Sept 30, 6.1% lower y-o-y. The REIT’s 3QFY2023 DPU of 0.62 cents stood stable for the past two quarters. The DPU will be paid out on Dec 22.</p><p>9MFY2023 rental and other income rose by 0.6% y-o-y to $81.4 million mainly due to the acquisition of the Japan nursing homes in March 2022 and September 2022. Rental and other income from Indonesia in the 9MFY2023 fell 1.0% y-o-y to $55.2 million due mainly to currency translation impact.</p><p><strong>Capitaland Investment</strong>(CLI) has partnered Thai real estate developer Pruksa Holding (PSH) to set up a healthcare and wellness fund to the tune of S$1 billion.</p><p>The two parties have so far committed a total initial investment of S$350 million to the CapitaLand Wellness Fund (C-Well), which has funds under management of S$1 billion. The target equity size is S$500 million, though there is an option to raise that to S$1 billion when more investors get on board, said the two companies in a statement on Tuesday (Oct 31).</p><p>They are targeting to achieve an asset value of S$2.9 billion when the fund is fully deployed. C-Well is also expected to add S$1 billion to CLI’s funds under management, said the companies. </p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Stocks to Watch: Great Eastern, Paragon Reit, Parkway Life Reit, First Reit, CLI</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {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\">\nSingapore Stocks to Watch: Great Eastern, Paragon Reit, Parkway Life Reit, First Reit, CLI\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-11-01 08:52</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>THE following companies saw new developments that may affect trading of their securities on Wednesday (Nov 1):</p><p><strong>Great Eastern </strong> reported a 21 per cent increase in net profit to S$180.2 million for the third quarter ended September, compared to S$149.3 million in the same period last year.</p><p style=\"text-align: start;\">This came on the back of a 5 per cent increase in total weighted new sales to S$419.4 million, driven by Singapore sales due to new product launches, said the insurance arm of OCBC on Wednesday (Nov 1).</p><p style=\"text-align: start;\">The group’s new business embedded value stood at S$183.7 million, 8 per cent lower than the S$198.7 million in the corresponding quarter last year.</p><p><strong>Paragon Reit’s </strong>gross revenue grew 1.2 per cent to S$215.6 million over the first three quarters of its financial year ended on Sep 30, from S$213.1 million over the same corresponding period last year.</p><p style=\"text-align: start;\">In local currency terms, gross revenue for its Singapore increased 2.4 per cent, while its Australia assets’ revenue rose 5.4 per cent over the same period, said the real estate investment trust (Reit) on Tuesday (Oct 31) in a business update filed on the Singapore Exchange.</p><p style=\"text-align: start;\">The Reit said that it has a occupancy rate of 98.1 per cent across its portfolio, with a weighted average lease expiry of 5.2 years by net lettable area.</p><p><strong>Parkway Life Real Estate Investment Trust</strong>’s (Parkway Life Reit) distribution per unit (DPU) for the first nine months of the fiscal year came in at S$0.1099, up 2.8 per cent on the year from S$0.107.</p><p style=\"text-align: start;\">On Wednesday (Nov 1), its manager said this is inclusive of a third-quarter DPU of S$0.037, which will form part of the H2 distribution when the Reit announces its full-year results.</p><p style=\"text-align: start;\">Certain distribution adjustments were taken into consideration to arrive at the Q3 DPU, with these adjustments subject to a further tax review during the period of distribution.<br/><strong>First REIT</strong> has reported a distribution per unit (DPU) of 1.86 cents for the 9MFY2023 ended Sept 30, 6.1% lower y-o-y. The REIT’s 3QFY2023 DPU of 0.62 cents stood stable for the past two quarters. The DPU will be paid out on Dec 22.</p><p>9MFY2023 rental and other income rose by 0.6% y-o-y to $81.4 million mainly due to the acquisition of the Japan nursing homes in March 2022 and September 2022. Rental and other income from Indonesia in the 9MFY2023 fell 1.0% y-o-y to $55.2 million due mainly to currency translation impact.</p><p><strong>Capitaland Investment</strong>(CLI) has partnered Thai real estate developer Pruksa Holding (PSH) to set up a healthcare and wellness fund to the tune of S$1 billion.</p><p>The two parties have so far committed a total initial investment of S$350 million to the CapitaLand Wellness Fund (C-Well), which has funds under management of S$1 billion. The target equity size is S$500 million, though there is an option to raise that to S$1 billion when more investors get on board, said the two companies in a statement on Tuesday (Oct 31).</p><p>They are targeting to achieve an asset value of S$2.9 billion when the fund is fully deployed. C-Well is also expected to add S$1 billion to CLI’s funds under management, said the companies. </p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"C2PU.SI":"百汇生命产业信托","SK6U.SI":"百利宫房地产投资信托","9CI.SI":"凯德投资","G07.SI":"大东方控股","AW9U.SI":"先锋医疗产业信托"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137449261","content_text":"THE following companies saw new developments that may affect trading of their securities on Wednesday (Nov 1):Great Eastern reported a 21 per cent increase in net profit to S$180.2 million for the third quarter ended September, compared to S$149.3 million in the same period last year.This came on the back of a 5 per cent increase in total weighted new sales to S$419.4 million, driven by Singapore sales due to new product launches, said the insurance arm of OCBC on Wednesday (Nov 1).The group’s new business embedded value stood at S$183.7 million, 8 per cent lower than the S$198.7 million in the corresponding quarter last year.Paragon Reit’s gross revenue grew 1.2 per cent to S$215.6 million over the first three quarters of its financial year ended on Sep 30, from S$213.1 million over the same corresponding period last year.In local currency terms, gross revenue for its Singapore increased 2.4 per cent, while its Australia assets’ revenue rose 5.4 per cent over the same period, said the real estate investment trust (Reit) on Tuesday (Oct 31) in a business update filed on the Singapore Exchange.The Reit said that it has a occupancy rate of 98.1 per cent across its portfolio, with a weighted average lease expiry of 5.2 years by net lettable area.Parkway Life Real Estate Investment Trust’s (Parkway Life Reit) distribution per unit (DPU) for the first nine months of the fiscal year came in at S$0.1099, up 2.8 per cent on the year from S$0.107.On Wednesday (Nov 1), its manager said this is inclusive of a third-quarter DPU of S$0.037, which will form part of the H2 distribution when the Reit announces its full-year results.Certain distribution adjustments were taken into consideration to arrive at the Q3 DPU, with these adjustments subject to a further tax review during the period of distribution.First REIT has reported a distribution per unit (DPU) of 1.86 cents for the 9MFY2023 ended Sept 30, 6.1% lower y-o-y. The REIT’s 3QFY2023 DPU of 0.62 cents stood stable for the past two quarters. The DPU will be paid out on Dec 22.9MFY2023 rental and other income rose by 0.6% y-o-y to $81.4 million mainly due to the acquisition of the Japan nursing homes in March 2022 and September 2022. Rental and other income from Indonesia in the 9MFY2023 fell 1.0% y-o-y to $55.2 million due mainly to currency translation impact.Capitaland Investment(CLI) has partnered Thai real estate developer Pruksa Holding (PSH) to set up a healthcare and wellness fund to the tune of S$1 billion.The two parties have so far committed a total initial investment of S$350 million to the CapitaLand Wellness Fund (C-Well), which has funds under management of S$1 billion. The target equity size is S$500 million, though there is an option to raise that to S$1 billion when more investors get on board, said the two companies in a statement on Tuesday (Oct 31).They are targeting to achieve an asset value of S$2.9 billion when the fund is fully deployed. C-Well is also expected to add S$1 billion to CLI’s funds under management, said the companies.","news_type":1},"isVote":1,"tweetType":1,"viewCount":13,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
