In today’s briefing:
- Centurion CEO Kong Chee Min adds to interest at S$0.59 per share
- APAC Luxury Industry Series Update: Travel Rebounds While Goods Decline
- REIT Watch – Demand boosts hospitality S-Reits’ hotel RevPAR
Centurion CEO Kong Chee Min adds to interest at S$0.59 per share
- Centurion CEO Kong Chee Min adds to interest at S$0.59 per share CapitaLand Investment led the buyback consideration tally, acquiring 8,312,600 shares at an average price of S$2.64 per share.
- On Jul 4, Centurion Corp CEO Kong Chee Min acquired 115,000 shares, at an average price of S$0.59 cents per share.
APAC Luxury Industry Series Update: Travel Rebounds While Goods Decline
- This is the final installment in our series on the APAC Luxury Industry, where we highlighted that luxury travel might offer more appealing opportunities than traditional luxury goods.
- While travel has surpassed pre-pandemic levels, traditional luxury goods have shown very low demand in recent months.
- Below, we analyze recent trends in luxury travel for Mandarin Oriental International (MAND SP), Minor International (MINT TB), and Shiseido Company (4911 JP).
REIT Watch – Demand boosts hospitality S-Reits’ hotel RevPAR
- Demand boosts hospitality S-Reits’ hotel RevPAR Among the seven S-Reit sub-sectors, hospitality S-Reits are the fourth largest in terms of combined market capitalisation.
- The five, in terms of market capitalisation, are: CapitaLand Ascott Trust, Far East Hospitality Trust, CDL Hospitality Trusts, Frasers Hospitality Trust, and ARA US Hospitality Trust.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
