Income

CDL Hospitality Trusts H1 net property income up 5.9% at S.5 million
CDL Hospitality Trusts H1 net property income up 5.9% at S$66.5 million
July 30, 2024
CDL Hospitality Trusts’ (CDLHT) net property income (NPI) for the first half ended Jun 30, 2024, rose 5.9 per cent to S$66.5 million, from S$62.9 million in the year-ago...
LMIRT posts 9.2% fall in Q2 net property income; distributions still withheld
LMIRT posts 9.2% fall in Q2 net property income; distributions still withheld
July 29, 2024
LIPPO Malls Indonesia Retail Trust (LMIRT) posted a 9.2 per cent drop in net property income (NPI) to S$29.4 million for the second quarter ended Jun 30, amid a...
Income says chairman recused himself from Morgan Stanley FA appointment in Allianz deal
Income says chairman recused himself from Morgan Stanley FA appointment in Allianz deal
July 28, 2024
INCOME Insurance chairman Ronald Ong had recused himself when Morgan Stanley was appointed as the financial adviser as part of its recent deal with Allianz, the insurer said. In...
Parkway Life Reit H1 2024 DPU rises 3.5% despite fall in net property income
Parkway Life Reit H1 2024 DPU rises 3.5% despite fall in net property income
July 26, 2024
PARKWAY Life Real Estate Investment Trust (Reit) posted a 3.5 per cent rise in distribution per unit (DPU) to S$0.0754 for its first half ended Jun 30, from S$0.0729...
Allianz stake acquisition to help Income compete in market ‘dominated by regional, global competitors’: NTUC Enterprise
Allianz stake acquisition to help Income compete in market ‘dominated by regional, global competitors’: NTUC Enterprise
July 25, 2024
NTUC Enterprise has assured Income Insurance’s shareholders and policyholders amid surprise and disquiet over Allianz’s bid to acquire 51 per cent of the Singapore insurer’s shares for some 1.5...
OUE Reit H1 DPU falls 11.4% despite higher revenue, net property income
OUE Reit H1 DPU falls 11.4% despite higher revenue, net property income
July 24, 2024
OUE Real Estate Investment Trust (OUE Reit) reported a distribution per unit (DPU) of S$0.0093 for the first half of its fiscal year ended Jun 30, down 11.4 per...
Allianz seeks 51% Income Insurance stake in 1.5 billion-euro deal
Allianz seeks 51% Income Insurance stake in 1.5 billion-euro deal
July 17, 2024
GERMAN financial services giant Allianz plans to acquire 51 per cent of Singapore-based insurer Income Insurance at S$40.58 per share. The deal amounts to some 1.5 billion euros (S$2.2...
Why Income investors are finding it hard to cash out
Why Income investors are finding it hard to cash out
July 11, 2024
COMPARED to buying or selling stocks on the Singapore Exchange, the process of transacting shares in a public non-listed company can be a little more daunting and complex.This is...
ING targets annual total income growth at 4-5% from 2024 to 2027
ING targets annual total income growth at 4-5% from 2024 to 2027
June 17, 2024
ING is targeting total income growth of between 4 and 5 per year in 2024 to 2027, the largest Dutch lender by assets said in a statement on Monday...
Why Income investors are finding it hard to cash out
Income Insurance says it is in discussion with Allianz for potential transaction of shares
June 14, 2024
INCOME Insurance is currently “in discussion” with European insurer Allianz on a transaction relating to Income’s shares, it said on Friday (Jun 14). The statement follows media reports that...