PRE-MARKET TAIWAN AND SINGAPORE STOCK NEWS: SinoPac Financial Holdings (2890 TT) seeks to raise the proportion of cash in its annual dividend distribution to 60% from 44%

TAIWAN

SinoPac Financial Holdings (2890 TT)
– Co. said it will raise the proportion of dividends paid in cash this year in which it seeks to raise the proportion of cash in its annual dividend distribution to 60% from 44%. (Taipei Times)

Other News
– Cathay Financial raised its forecast for Taiwan 2018 GDP growth to 2.3% from 2.0%. (Taipei Times)

 

SINGAPORE

Perennial Real Estate (PREH SP)
– Co. is to buy out Capitol Singapore project co-owner Pontiac Land Group for SGD 528mln. (Straits Times)

Property
– Singapore’s 3 largest property agencies launched an online platform which would provide real-time information for agents and home-seekers. (Straits Times)

(Newswires)