Research from SooChow CSSD Capital Markets (Asia), SCCM Asia Research

SCCM Asia Research

Research from SooChow CSSD Capital Markets (Asia)

Headquartered in Singapore, SooChow CSSD Capital Markets (Asia) is an investment bank focusing on emerging growth companies across Asia, providing a full suite of investment banking services, including corporate finance, mergers and acquisitions advisory, equity capital markets, institutional equities sales and trading and equities research.

SooChow CSSD Capital Markets (Asia)

Thematic (Sector/Industry)

<ul>
<li>
<a href="https://www.smartkarma.com/entities/frasers-property-ltd" target="_blank" data-smartkarma-citation="entities:1670" rel="noopener">Frasers Property Ltd (FPL SP)</a> to privatize Frasers Hospitality Trust (FHT SP) with S$0.700/unit cash offer</li>
<li>
<a href="https://www.smartkarma.com/entities/frasers-logistics-commercial-trust" target="_blank" data-smartkarma-citation="entities:22748" rel="noopener">Frasers Logistics &amp; Commercial Trust (FLT SP)</a> acquires 3 freehold L&amp;I properties in Australia for A$61m</li>
<li>
<a href="https://www.smartkarma.com/entities/lhn-ltd" target="_blank" data-smartkarma-citation="entities:27234" rel="noopener">LHN Ltd (LHN SP)</a> proposed a special dividend of ~S$0.15c/share</li>
</ul>



Frasers Property Ltd (FPL SP) to privatize Frasers Hospitality Trust (FHT SP) with S$0.700/unit cash offer

Frasers Logistics &amp; Commercial Trust (FLT SP) acquires 3 freehold L&amp;I properties in Australia for A$61m

LHN Ltd (LHN SP) proposed a special dividend of ~S$0.15c/share


ASEAN Builder's Scoop (13Jun22) - FHT Cash Privatisation Offer at S$0.700/Unit

<ul><li><a href="https://www.smartkarma.com/entities/lendlease-global-commercial-reit" target="_blank" data-smartkarma-citation="entities:28292" rel="noopener">Lendlease Global Commercial REIT (LREIT SP)</a> 1H22 DPU +2.6% YoY – Record high occupancy rate, rising cost of debt despite high level of hedging</li><li>Dec21 retail sales up 6.7% YoY driven by year-end multiple retail sectors; F&amp;B sales increased 7.4% YoY despite restrictions</li><li>Kheng Leong purchased Gilstead Road site for S$70m - Kheng Leong is paying S$70m for 2 bungalows in Gilstead Road with a total freehold land area of 43,457sqft. </li></ul>

Lendlease Global Commercial REIT (LREIT SP) 1H22 DPU +2.6% YoY – Record high occupancy rate, rising cost of debt despite high level of hedgingDec21 retail sales up 6.7% YoY driven by year-end multiple retail sectors; F&amp;B sales increased 7.4% YoY despite restrictionsKheng Leong purchased Gilstead Road site for S$70m - Kheng Leong is paying S$70m for 2 bungalows in Gilstead Road with a total freehold land area of 43,457sqft. 

ASEAN Builder's Scoop (7Feb22) - LREIT Record High Occupancy

Indonesia

PT Summarecon Agung Tbk and its subsidiaries develop and invest in real estate. The Company develops and operates residential houses, apartments, shopping centers, recreational centers and office buildings.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Summarecon Agung (SMRA IJ)

ASEAN Builder's Scoop (13Jun22) - FHT Cash Privatisation Offer at S$0.700/Unit

FLT buys AUS L&I prop for A$61m; LHN special dividend; FLI elevated office vacancies; SMRA evaluates project post KPK arrest; SSIA targets 80ha...

SCCM Asia Research

ASEAN Builder's Scoop (7Feb22) - LREIT Record High Occupancy

Dec21 retail sales robust +6.7% YoY, +2.3% MoM; Kheng Leong buys Gilstead Rd site for S$70m; SMRA/LPKR targets >IDR5tn mktg sales in FY22; HOUSE...

SCCM Asia Research

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)