Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
Atour Lifestyle Holdings (ALH) is looking to raise up to US$300m in its U.S. IPO. Atour Lifestyle Holdings is the largest upper midscale hotel chain in China in terms of the number of rooms as of December 2020, as per Frost & Sullivan (F&S). Overall, Atour is an emerging upper midscale hotel brand. It has visible growth as per its pipeline of hotels and it is also the leader in the upper midscale hotel subsegment in China in terms of room. Its RevPAR, occupancy, and ARR compared to economy a...
Atour Lifestyle Holdings (ALH) is looking to raise up to US$300m in its upcoming U.S. IPO. Atour Lifestyle Holdings (ALH) is the largest upper midscale hotel chain in China in terms of the number of rooms as of December 2020, as per Frost & Sullivan (F&S). As of March 31, 20201, ALH’s hotel network spanned across 131 cities in China with a total of 608 hotels and 71,121 hotel rooms. Additionally, it has a pipeline of 299 hotels with a total of 32,825 rooms under development. ALH is a fast-gro...
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