Sands China 1Q Profit Falls to US$344.6 Mln on Lower Revenues
Casino operator Sands China Ltd. said Monday its first-quarter
net profit dropped to US$344.6 million from US$751.6 million a year
ago, amid revenue declines across the board for the casinos it
operates. (published 0445 GMT)
Macau's Gambling Revenue Continues to Tumble
Macau's gambling revenue fell 39% from a year earlier to 19.17
billion patacas in April as China's crackdown on corruption
continued to hit business in the world's casino capital. (published
0552 GMT)
Australia's Myob Makes Strong Share Market Debut
Australia's biggest initial public offering so far this year got
off to a flying start, with shares in accounting software provider
Myob Group Ltd. debuting at a 7% premium to their offer price.
(published 0212 GMT)
Puradelta Lestari to Raise up to US$292 Mln in Indonesia IPO - Term Sheet
PT Puradelta Lestari Tbk, the Indonesian industrial property
unit of Singapore-listed Sinarmas Land Ltd., is seeking to raise up
to US$292 million in an initial public offering in Indonesia.
(published 0310 GMT)
Link Reit Says Initial Pact to Buy 80% Stake in Shenzhen Shopping Mall Expired
The Link Real Estate Investment Trust said an initial pact to
buy a major stake in a shopping mall in China's southern city of
Shenzhen has expired. (published 0147 GMT)
Chinasoft Failed to Meet Debt Requirement After Hony Capital's Disposal
Chinasoft International Ltd. said it failed to meet a
requirement of its debt covenants after its largest shareholder
sold down its entire stake in the Hong Kong-listed company.
(published 0046 GMT)
SM Prime 1Q Net Profit PHP12.6 Bln Vs PHP7.4 Bln Year Earlier
SM Prime Holdings Inc., a Philippine property-development group,
said Monday its first-quarter net profit surged to 12.6 billion
pesos from 7.4 billion pesos a year earlier, aided by one-off gains
and double-digit growth in rental income from its shopping malls.
(published 0441 GMT)
Philippine Airlines Swings to Net Profit in 1Q
Philippine Airlines Inc., the airline unit of PAL Holdings Inc.,
said Monday it swung to a net profit of $85 million in the first
quarter from a net loss of $20.7 million in the year-earlier
period. (published 0556 GMT)
Prosperity International Raising up to HK$171.36 Million via Share Placement
Prosperity International Holdings Ltd. has agreed to raise up to
171.36 Hong Kong dollars via a share placement. (published 0053
GMT)
WorleyParsons Cuts Staff, Flags One-Off Charges
WorleyParsons Ltd. said it would incur a one-off charge of 125
million Australian dollars this fiscal year and that it planned to
ax thousands of workers, as demand for its
engineering-and-consulting services shrinks. (published 0047
GMT)
MMA Offshore Warns on Profits as Low Oil Price Bites
MMA Offshore Ltd., which supplies support vessels for oil and
gas producers, issued a profit warning Monday as falling oil prices
continue to inflict pain across the energy industry. (published
0009 GMT)