In today’s briefing:
- Morning Views Asia: JSW Steel Ltd, Lippo Malls Indonesia Retail Trust, Sands China
- Managing director of Swensen’s ABR Holdings adds to his stake
- REIT Watch – A sneak peek into S-Reits’ FY23 earnings
Morning Views Asia: JSW Steel Ltd, Lippo Malls Indonesia Retail Trust, Sands China
Lucror Analytics Morning Views comprise our fundamental credit analysis, opinions and trade recommendations on high yield issuers in the region, based on key company-specific developments in the past 24 hours. Our Morning Views include a section with a brief market commentary, key market indicators and a macroeconomic and corporate event calendar.
Managing director of Swensen’s ABR Holdings adds to his stake
- Managing director of Swensen’s ABR Holdings adds to his stake CapitaLand Investment again led the buyback consideration tally, buying back 11,965,200 shares at an average price of S$2.94 per share over the five sessions.
- On Jan 19, ABR Holdings managing director Ang Yee Lim acquired 175,300 shares of the company for a consideration of S$83,432 at an average price of S$0.476 per share.
REIT Watch – A sneak peek into S-Reits’ FY23 earnings
- REIT Watch – Three S-Reits’ full-year results Among them, three reported full year financials – Keppel DC Reit (KDCReit), Sabana Industrial Reit (Sabana Reit) and Suntec Reit.
- Sabana Reit, KDCReit and Suntec Reit saw year-on-year declines in DI at 7.7 per cent, 9.3 per cent and per cent respectively.