Keppel Land News
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China Vanke Co., the biggest developer listed on Chinese exchanges, is entering Singapore’s property market in a venture with Keppel Land Ltd. as it expands outside its home country.
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Keppel Land Ltd., the property developer partly owned by the world’s largest builder of oil rigs, had its biggest gain in three weeks in Singapore trading after profit rose 70 percent on increased sales of apartments.
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Keppel Land Ltd. is marketing dollar- denominated notes, its first public bond sale in the U.S. currency since 1995, as yield premiums for Asian issuers headed for the biggest annual drop in three years. Asia debt risk rose.
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Keppel Land Ltd., the property developer partly owned by the world’s largest builder of oil rigs, surged to a two-month high after reporting a 47 percent increase in fourth-quarter profit and a record payout.
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The following companies may have unusual price changes in Asian trading , excluding Japan. Stock symbols are in parentheses, and share prices are from the previous close, unless noted otherwise.
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The following companies may have unusual price changes in Asian trading tomorrow. Stock symbols are in parentheses, and share prices are as of the latest close. The information in each item was released after markets shut unless stated otherwise.
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Keppel Land Ltd. said it will sell its 87.5 percent stake in Ocean Properties Pte to K-REIT Asia for S$1.571 billion.
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Keppel Land Ltd. , the property developer partly owned by the world’s biggest builder of oil rigs, posted a 46 percent gain in first-quarter profit from a year earlier because of higher home sales.
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The following companies may have unusual price changes in Singapore trading. Stock symbols are in parentheses, and share prices are from the previous close.
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Singapore’s Straits Times Index was little changed at 3,187.20 as of the 12:30 p.m. trading break. Two stocks advanced for each that fell in the benchmark index of 30 companies.
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