Mapletree Logistics Trust has announced a total distributable amount of $37 million for 4Q 2010, an improvement of 17% compared with 3Q 2010.
Gross revenue for 4Q 2010 increased by about 12% to $61 million from 3Q 2010 with the net property income (NPI) reflecting a corresponding improvement of about 13% against 3Q 2010.
DPU for 4Q 2010 grew to 1.55 cents from 1.54 cents in 3Q 2010.
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Norway’s Seadrill (SDRL.OL) is to acquire two ultra-deepwater semi-submersible drilling rigs, expecting to reap benefits from an improving drilling market this year and sending its shares higher.
Seadrill, one of the world’s largest deep-water drillers, said on Monday the total project price for the two rigs is estimated to be about US$1.2 billion ($1.54) and said it had secured new bank debt to finance the investment.
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Microsoft’s first-day sales of Windows Phone 7 smartphones could have totaled 40,000 units, according to a report on TheStreet.com. – Microsoft may have sold 40,000 Windows Phone 7 smartphones
during the first day of sales, according to TheStreet.com. That number
reportedly came from “a market research source who tracks phone sales.”
Windows Phone 7 officially hit store shelves Nov. 8, offered
on both AT amp;T and T-Mobile. AT…
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The following companies may have unusual price movements in trading today, say Thomson Reuters and Bloomberg. Share prices are from the previous close. Singapore’s Straits Times Index rose 0.6% to 3,224.97.
Bulk-shipping companies: The Baltic Dry Index, which measures the cost of shipping commodities, fell 2.2% in London yesterday, taking its five-day decline to 8.7%. Mercator Lines (Singapore) (MRLN SP), an Indian bulk carrier, slid 1.8% to 27.5 cents. STX Pan Ocean Co. (STX SP), South Korea’s biggest bulk carrier, climbed 3.9% to $14.76.
The following companies may have unusual price changes in Singapore trading today. Share prices are from the previous close. Singapore’s Straits Times Index rose 0.3% to 3,173.57.
Bulk-shipping companies: The Baltic Dry Index, which measures the cost of shipping commodities, rose 0.3% in London on Oct. 22, its first advance in six days.
Total Access Communication Pcl, Thailand’s second-biggest mobile-phone company, said third- quarter profit surged 88% after revenue from data services increased and costs declined.
Net income was 3.06 billion baht ($133 million), or 1.29 baht per share, in the three months ended September, from 1.63 billion baht, or 0.69 baht, in the same period a year earlier, the company said. That’s more than the 2.87 billion baht average estimate of 12 analysts surveyed by Bloomberg.
Yoon said the Asia headcount will make up as much as 25% of the total in the same time, up from 12% at present.
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Hilde Merete Tonne has been appointed non-ED wef Aug 23
Work experience: Deputy head, Asia region, Telenor Group; executive VP/head, communications & corporate responsibility, Telenor Group; head, technology & research, Hydro Oil & Energy
Ntegrator International, the regional communications network specialist and systems integrator, says it has secured another four contracts worth $15.5m.
The deals expand on existing projects with repeat customers including Vietnam’s second largest telco operator, Viettel Corporation; Myanmar’s state-run telco, Myanmar Posts and Telecommunications; a cable TV provider in Myanmar, Forever Group Company Limited (FGCL); and a subsidiary of Singapore Power, SP Powerassets (SPPA).
Ascendas India Trust (a-iTrust ) says it achieved $30.9 million in total property income for the first quarter ending 30 June 2010 (1Q FY2010/11), an increase of 4% from the corresponding quarter last year. Net property income was $18.9 million or 3% higher.
Jonathan Yap, Chief Executive Officer of a-iTrust’s trustee-manager, says, “Property income this quarter grew year-on-year, despite total income-producing space in the portfolio remaining stable over this period. We had a healthy level of leasing activities in the first quarter, when 230,000 sq ft worth of leases were finalised, exceeding the 190,000 sq ft of space which expired during this period. Such efforts had ensured that portfolio occupancy rate remain high, at 97%. Upcoming addition of 1.2 million sq ft of new space later this year is expected to further contribute to the expansion of the portfolio income base. The space addition is from Park Square (a retail mall in International Tech Park Park Bangalore (ITPB)) and Zenith (an IT Multi-tenanted Building (MTB) in International Tech Park Chennai (ITPC), for which pre-leasing is in progress.”
A total of 54.5 pct. of the people registered in special electoral rolls voted in the direct elections for 16 ethnic minority councils held in Serbia on June 6. The Central Electoral Commission (CIK) Chairwoman Rozalija Torde said on Wednesday that there was no need to repeat the voting at any of the polling places.
Haroon Bhatti has been appointed chief people officer wef June 7
Work experience: Director organization excellence, Telenor Pakistan; senior consultant, ThinkFast Consulting, Inc; consultant, Dynamik Technologies, Inc., MI, USA
Thana Thienachariya has been appointed chief corporate affairs/strategy officer
Work experience: Chief commercial officer, Total Access Communication PCL; Business Unit II group director, Total Access Communication PCL
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