Daily Briefing: Roxy-Pacific buys Dunearn Court for $36.3m; Singapore PM urges talks on North Korea

And here's three firms giving out dividends this week.

From PropertyGuru:

The en bloc market continues to roll with the sale of Dunearn Court to RH Central, a subsidiary of Roxy-Pacific Holdings, for $36.3 million. This is slightly lower than the guide price of $38.8 million when it was launched for tender by marketing agent Knight Frank in July. Each owner will receive about $2.91 million to $3.12 million upon completion of the sale.

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From Associated Press via Yahoo! Finance:

Singapore Prime Minister Lee Hsien Loong is urging dialogue between the United States and North Korea to resolve the growing nuclear crisis in Asia. The prime minister visited the White House Monday and delivered a statement alongside President Donald Trump in the Rose Garden. Lee said "we strongly oppose" the nuclearization of the Korean peninsula since it adversely affects the safety and security of the region.

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From The Motley Fool:

GuocoLand is a property company with operations in Singapore, China, Malaysia and Vietnam. In Singapore, the firm is the brainchild behind iconic commercial buildings such as Tanjong Pagar Centre and 20 Collyer Quay. The property outfit is giving out 7.0 Singapore cents per share for the fourth quarter.

For the financial year ended 30 June 2017, revenue rose 5% year-on-year to S$1.11 billion. However, net profit tumbled 41% to S$357.2 million, mainly due to a lack of one-time gain recognised in the previous financial year. GuocoLand is going at S$2.45 apiece now. This translates to a price-to-book ratio of 0.7 and a dividend yield of 2.9%.

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