The following stocks are in focus and may see price action today:
IHH Healthcare Berhad has signed agreements to acquire a 73.4% stake in India-based Ravindranath GE Medical Associates Private Limited (Global Hospitals) for INR12.84 billion ($272 million) through its indirect wholly-owned subsidiary, Gleneagles Development Private Limited.
Keppel Offshore & Marine's (Keppel O&M) wholly-owned subsidiary has acquired the offshore rig business of US-based Cameron International Corp for US$100 million ($140.9 million)
The Carlyle Group has ended its presence on the board of China Fishery Group almost four months after declining to take part in a rights issue by the fishing company, China Fishery says on Monday. Patrick Siewert, a board appointee of Carlyle fund CAP III-A, resigned as a non-executive director of China Fishery on Aug 29. His alternate, Janine Feng Junyuan, also stepped down.
Raffles Medical Group’s wholly owned subsidiary, Raffles SurgiCentre, has entered into a share purchase agreement with AEA International Holdings. This is for the acquisition of 375,112 shares, or about a 55% stake in International SOS (MC Holdings).
AusGroup Limited, an integrated service provider to the energy, industrial and mining sectors, says its 4Q earnings plunged dived 88.4% from a year ago to A$261,000 ($261,000) due to an impairment arising from decreased certainty in capital expenditure in the energy sector.
Oil and gas company Loyz Energy reported a net loss of US$63.1 million ($88.4 million) for FY2015 ended June, significantly wider than the US$2.9 million net loss recorded a year earlier. Revenue rose 41% to US$23 million.
Oil and gas company Linc Energy's net losses for FY2015 ended June 30 widened by 11% to A$249 million ($249 million). Revenue slid 40.8% to A$87.8 million, on the back of decreased US oil and gas net sales and decreased realised price per barrel. The group also recognised an impairment on oil and gas assets of A$173.4 million.
OKH Global, the property developer and construction company, reported a 46.8% fall in 4Q earnings ended June to $16.5 million from a year ago, dragged down by significantly lower revenue. Revenue fell 98.3% to $3.5 million.
Markets
Wall Street ended a tumultuous week with a flat close on Friday as investors shrugged off concerns that a September rate rise was more likely than some investors expected. The Dow Jones industrial average ended down 0.07% at 16,643.01 while the S&P 500 edged up 0.06% at 1,988.87. The Nasdaq Composite added 0.32% to end at 4,828.33.
The Straits Times Index ended Friday 0.36% higher at 2,955.94, after trading between 2,947.37 and 2,999.08. Market breadth was positive. Excluding warrants, gainers outnumbered decliners 277 to 189.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
IHH Healthcare Berhad has signed agreements to acquire a 73.4% stake in India-based Ravindranath GE Medical Associates Private Limited (Global Hospitals) for INR12.84 billion ($272 million) through its indirect wholly-owned subsidiary, Gleneagles Development Private Limited.
Keppel Offshore & Marine's (Keppel O&M) wholly-owned subsidiary has acquired the offshore rig business of US-based Cameron International Corp for US$100 million ($140.9 million)
The Carlyle Group has ended its presence on the board of China Fishery Group almost four months after declining to take part in a rights issue by the fishing company, China Fishery says on Monday. Patrick Siewert, a board appointee of Carlyle fund CAP III-A, resigned as a non-executive director of China Fishery on Aug 29. His alternate, Janine Feng Junyuan, also stepped down.
Raffles Medical Group’s wholly owned subsidiary, Raffles SurgiCentre, has entered into a share purchase agreement with AEA International Holdings. This is for the acquisition of 375,112 shares, or about a 55% stake in International SOS (MC Holdings).
AusGroup Limited, an integrated service provider to the energy, industrial and mining sectors, says its 4Q earnings plunged dived 88.4% from a year ago to A$261,000 ($261,000) due to an impairment arising from decreased certainty in capital expenditure in the energy sector.
Oil and gas company Loyz Energy reported a net loss of US$63.1 million ($88.4 million) for FY2015 ended June, significantly wider than the US$2.9 million net loss recorded a year earlier. Revenue rose 41% to US$23 million.
Oil and gas company Linc Energy's net losses for FY2015 ended June 30 widened by 11% to A$249 million ($249 million). Revenue slid 40.8% to A$87.8 million, on the back of decreased US oil and gas net sales and decreased realised price per barrel. The group also recognised an impairment on oil and gas assets of A$173.4 million.
OKH Global, the property developer and construction company, reported a 46.8% fall in 4Q earnings ended June to $16.5 million from a year ago, dragged down by significantly lower revenue. Revenue fell 98.3% to $3.5 million.
Markets
Wall Street ended a tumultuous week with a flat close on Friday as investors shrugged off concerns that a September rate rise was more likely than some investors expected. The Dow Jones industrial average ended down 0.07% at 16,643.01 while the S&P 500 edged up 0.06% at 1,988.87. The Nasdaq Composite added 0.32% to end at 4,828.33.
The Straits Times Index ended Friday 0.36% higher at 2,955.94, after trading between 2,947.37 and 2,999.08. Market breadth was positive. Excluding warrants, gainers outnumbered decliners 277 to 189.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
0 comments:
Post a Comment