Tuesday, 25 July 2017

Stocks to watch: Great Eastern, Parkway Life Reit, IHC, SIA

THE accompanying organizations saw new advancements that may influence exchanging of their offers on Tuesday: 

Extraordinary Eastern Holdings: Great Eastern Holdings on Tuesday posted S$279.5 million in net benefit for the second quarter finished June 30, more than twofold a year ago's S$102.2 million. Profit per share came up to S$0.59, from S$0.22 the earlier year. An interval one-level assessment absolved profit of 10 Singapore pennies for every customary offer was pronounced for the budgetary year finishing Dec 31, 2017, and will be paid on Aug 31. 

Turnpike Life Real Estate Investment Trust: Parkway Life Real Estate Investment Trust on Tuesday announced a 10 for each penny year-on-year increment in dispersion per unit to 3.32 Singapore pennies for the second quarter finished June 30. The Reit credited this to the advantage reusing exercise finished in February 2017, through which divestment increases of S$5.39 million are being circulated similarly finished the four fourth of the money related year finishing Dec 31. 

Universal Healthway Corporation (IHC): The medicinal services assemble is required to report a net misfortune for its initially quarter finished March 31, 2017, and second quarter finished June 30, 2017, in light of a benefit direction discharged by the board on Monday. More points of interest will be unveiled when the organization declares its unaudited monetary outcomes at the latest July 31, 2017. 

Singapore Airlines Limited (SIA): SIA reported on Tuesday that two of its backhanded entirely claimed auxiliaries, Scoot and Tiger Airways, have consolidated. Tiger Airways will proceed as the amalgamated organization and be renamed Scoot Tigerair Pte Ltd. The move is not anticipated that would have any material effect on the budgetary execution of the organization for the current money related year.

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