REC needs to learn to navigate

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ilango007
2022-04-20

REC needs to learn to navigate the education markets in developing countries.

Singapore Stocks to Watch: Raffles Education, Keppel DC Reit, KORE, Singtel, MNACT, LHN, Nanofilm

THE following companies saw new developments that may affect trading of their securities on Wednesday (Apr 20):Raffles Education Corporation: The education group on Wednesday sought to clarify media r

Singapore Stocks to Watch: Raffles Education, Keppel DC Reit, KORE, Singtel, MNACT, LHN, Nanofilm

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gni
·2022-04-20
Many SG companies struggling with their overseas ventures.
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AnaiAnai
·2022-04-20
yeah
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REC said there was no basis for any of the allegations referred to in the article, and that it has not received any summons or notices after the charges were filed.Keppel DC Reit: Data centre-focused Keppel Data Centre (DC) Reit reported on Tuesday a marginal increase in first-quarter distribution per unit (DPU) of 0.2 per cent to S$0.02466, up from S$0.02462 a year earlier.In its business update for the first-quarter ended Mar 31, the real-estate investment trust (Reit) posted a 1.4 per cent decline in net property income to S$60.1 million, down from S$61.0 million a year earlier. Gross revenue fell 0.9 per cent to S$66.1 million, down from S$66.7 million year-on-year.KORE: Keppel Pacific Oak US REIT announced a 10.9% rise y-o-y in distributable income to US$16.6 million for 1Q2022. The growth was attributed to the acquisitions of Bridge Crossing in Nashville and 105 Edgeview in Denver in August 2021. Adjusted Net Property Income (NPI) rose 7.1% to US$22 million.Singtel: Mainboard-Listed telco Singtel said in a bourse filing on Tuesday that its Australian subsidiary, Singapore Telecom Australia Investments (STAI) has filed an appeal to the Full Federal Court of Australia regarding an unfavourable judgement it had received earlier.The judgement relates to Singtel’s earlier failed appeal attempt against a tax assessment related to the acquisition financing of its Australian subsidiary, Singtel Optus, in 2001.MNACT: Mall and office landlord Mapletree North Asia Commercial Trust (MNACT) posted a 2.8 per cent rise in distribution per unit (DPU) to S$0.03393 for the second half-year ended Mar 31, 2022, up from S$0.03299 a year earlier.Gross revenue was up 4.9 per cent to S$211.2 million for the half-year period, from S$201.3 million a year earlier.Net property income (NPI) grew 5.1 per cent to S$160.1 million for the half-year, from S$152.3 million. Distributable income rose 5.6 per cent to S$119.7 million, up from S$113.3 million a year earlier.LHN: LHN Logistics lodged its final offer document on Tuesday as its parent company, property player LHN Group : 41O, looks to spin off and list its logistics arm. Through the initial public offering (IPO), LHN Logistics will raise approximately S$5 million through the listing of 25,238,000 placement shares at S$0.20 each.The net proceeds will amount to approximately S$3.6 million, after deducting the estimated listing expenses payable in cash by the company.Nanofilm: Mainboard-Listed Nanofilm Technologies posted a 27 per cent increase in revenue year on year in the first quarter of 2022.In its business update released on Tuesday, the nanotechnology solutions provider noted that its advanced materials business unit contributed 81 per cent of revenue in the first quarter. The consumer electronics, communication and computers (3C) segment contributed 77.8 per cent of revenue within the unit.</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: Raffles Education, Keppel DC Reit, KORE, Singtel, MNACT, LHN, Nanofilm</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: Raffles Education, Keppel DC Reit, KORE, Singtel, MNACT, LHN, Nanofilm\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\">\nTiger Newspress \n2022-04-20 09:13\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body>THE following companies saw new developments that may affect trading of their securities on Wednesday (Apr 20):Raffles Education Corporation: The education group on Wednesday sought to clarify media reports regarding a charge sheet filed by the Delhi Police&#39;s Economic Offences Wing against its directors and top management, over its dispute with Educomp Group and Jai Radha Raman Education Society in India. REC said there was no basis for any of the allegations referred to in the article, and that it has not received any summons or notices after the charges were filed.Keppel DC Reit: Data centre-focused Keppel Data Centre (DC) Reit reported on Tuesday a marginal increase in first-quarter distribution per unit (DPU) of 0.2 per cent to S$0.02466, up from S$0.02462 a year earlier.In its business update for the first-quarter ended Mar 31, the real-estate investment trust (Reit) posted a 1.4 per cent decline in net property income to S$60.1 million, down from S$61.0 million a year earlier. Gross revenue fell 0.9 per cent to S$66.1 million, down from S$66.7 million year-on-year.KORE: Keppel Pacific Oak US REIT announced a 10.9% rise y-o-y in distributable income to US$16.6 million for 1Q2022. The growth was attributed to the acquisitions of Bridge Crossing in Nashville and 105 Edgeview in Denver in August 2021. Adjusted Net Property Income (NPI) rose 7.1% to US$22 million.Singtel: Mainboard-Listed telco Singtel said in a bourse filing on Tuesday that its Australian subsidiary, Singapore Telecom Australia Investments (STAI) has filed an appeal to the Full Federal Court of Australia regarding an unfavourable judgement it had received earlier.The judgement relates to Singtel’s earlier failed appeal attempt against a tax assessment related to the acquisition financing of its Australian subsidiary, Singtel Optus, in 2001.MNACT: Mall and office landlord Mapletree North Asia Commercial Trust (MNACT) posted a 2.8 per cent rise in distribution per unit (DPU) to S$0.03393 for the second half-year ended Mar 31, 2022, up from S$0.03299 a year earlier.Gross revenue was up 4.9 per cent to S$211.2 million for the half-year period, from S$201.3 million a year earlier.Net property income (NPI) grew 5.1 per cent to S$160.1 million for the half-year, from S$152.3 million. Distributable income rose 5.6 per cent to S$119.7 million, up from S$113.3 million a year earlier.LHN: LHN Logistics lodged its final offer document on Tuesday as its parent company, property player LHN Group : 41O, looks to spin off and list its logistics arm. Through the initial public offering (IPO), LHN Logistics will raise approximately S$5 million through the listing of 25,238,000 placement shares at S$0.20 each.The net proceeds will amount to approximately S$3.6 million, after deducting the estimated listing expenses payable in cash by the company.Nanofilm: Mainboard-Listed Nanofilm Technologies posted a 27 per cent increase in revenue year on year in the first quarter of 2022.In its business update released on Tuesday, the nanotechnology solutions provider noted that its advanced materials business unit contributed 81 per cent of revenue in the first quarter. The consumer electronics, communication and computers (3C) segment contributed 77.8 per cent of revenue within the unit.</body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AJBU.SI":"吉宝数据中心房地产信托","Z74.SI":"新电信","MZH.SI":"Nanofilm","NR7.SI":"莱佛士教育","41O.SI":"贤能"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1182921017","content_text":"THE following companies saw new developments that may affect trading of their securities on Wednesday (Apr 20):Raffles Education Corporation: The education group on Wednesday sought to clarify media reports regarding a charge sheet filed by the Delhi Police's Economic Offences Wing against its directors and top management, over its dispute with Educomp Group and Jai Radha Raman Education Society in India. REC said there was no basis for any of the allegations referred to in the article, and that it has not received any summons or notices after the charges were filed.Keppel DC Reit: Data centre-focused Keppel Data Centre (DC) Reit reported on Tuesday a marginal increase in first-quarter distribution per unit (DPU) of 0.2 per cent to S$0.02466, up from S$0.02462 a year earlier.In its business update for the first-quarter ended Mar 31, the real-estate investment trust (Reit) posted a 1.4 per cent decline in net property income to S$60.1 million, down from S$61.0 million a year earlier. Gross revenue fell 0.9 per cent to S$66.1 million, down from S$66.7 million year-on-year.KORE: Keppel Pacific Oak US REIT announced a 10.9% rise y-o-y in distributable income to US$16.6 million for 1Q2022. The growth was attributed to the acquisitions of Bridge Crossing in Nashville and 105 Edgeview in Denver in August 2021. Adjusted Net Property Income (NPI) rose 7.1% to US$22 million.Singtel: Mainboard-Listed telco Singtel said in a bourse filing on Tuesday that its Australian subsidiary, Singapore Telecom Australia Investments (STAI) has filed an appeal to the Full Federal Court of Australia regarding an unfavourable judgement it had received earlier.The judgement relates to Singtel’s earlier failed appeal attempt against a tax assessment related to the acquisition financing of its Australian subsidiary, Singtel Optus, in 2001.MNACT: Mall and office landlord Mapletree North Asia Commercial Trust (MNACT) posted a 2.8 per cent rise in distribution per unit (DPU) to S$0.03393 for the second half-year ended Mar 31, 2022, up from S$0.03299 a year earlier.Gross revenue was up 4.9 per cent to S$211.2 million for the half-year period, from S$201.3 million a year earlier.Net property income (NPI) grew 5.1 per cent to S$160.1 million for the half-year, from S$152.3 million. Distributable income rose 5.6 per cent to S$119.7 million, up from S$113.3 million a year earlier.LHN: LHN Logistics lodged its final offer document on Tuesday as its parent company, property player LHN Group : 41O, looks to spin off and list its logistics arm. Through the initial public offering (IPO), LHN Logistics will raise approximately S$5 million through the listing of 25,238,000 placement shares at S$0.20 each.The net proceeds will amount to approximately S$3.6 million, after deducting the estimated listing expenses payable in cash by the company.Nanofilm: Mainboard-Listed Nanofilm Technologies posted a 27 per cent increase in revenue year on year in the first quarter of 2022.In its business update released on Tuesday, the nanotechnology solutions provider noted that its advanced materials business unit contributed 81 per cent of revenue in the first quarter. 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