The following stocks may be in focus today:
Perennial Real Estate Holdings will acquire 10% stake in Perennial China Retail Trust Management for $3.9 million.
Otto Marine’s subsidiary, Go Offshore, has entered into two long-term charter contracts for two 16,000bhp large Anchor Handling Tugs Supply (AHTS) vessels with a large oil and gas company, worth about US$25.2 million ($35.5 million).
Catalist-listed gaming and hotel operator Lasseters International Holdings has secured major concessions for its Alice Springs resort and casino from the Northern Territory state government.
Medtecs International Corporation, which makes and distributes medical consumables, plans to place out 81.9 million new shares at seven cents each to new investor Xia Junwei for a total of $5.7 million. The net proceeds of $5.5 million will be used for the general working capital.
China Kunda Technology, a manufacturer of precision plastic moulds, announced that it has obtained a 12-month extension till Sept 1 to meet the requirements to exit the SGX Watch-list.
Textile firm China Hongcheng Holdings, which was placed on the Watch-list in Sept 2013, has received notice from the SGX that it will be delisted.
Markets
Wall Street stocks jumped almost 2% on Wednesday in the latest volatile session as investors weighed the impact of a stumbling Chinese economy and global market turmoil on the Federal Reserve's impending decision about when to raise interest rates. The Dow Jones industrial average jumped 1.82% to end at 16,351.31 points. The S&P 500 climbed 1.83% to 1,948.85 and the Nasdaq Composite surged 2.46% to 4,749.98.
The Straits Times Index ended the day 0.16% lower at 2,878.13, after trading between 2,877.49 and 2,906.67. Excluding warrants, decliners outnumbered gainers 228 to 179.
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
Perennial Real Estate Holdings will acquire 10% stake in Perennial China Retail Trust Management for $3.9 million.
Otto Marine’s subsidiary, Go Offshore, has entered into two long-term charter contracts for two 16,000bhp large Anchor Handling Tugs Supply (AHTS) vessels with a large oil and gas company, worth about US$25.2 million ($35.5 million).
Catalist-listed gaming and hotel operator Lasseters International Holdings has secured major concessions for its Alice Springs resort and casino from the Northern Territory state government.
Medtecs International Corporation, which makes and distributes medical consumables, plans to place out 81.9 million new shares at seven cents each to new investor Xia Junwei for a total of $5.7 million. The net proceeds of $5.5 million will be used for the general working capital.
China Kunda Technology, a manufacturer of precision plastic moulds, announced that it has obtained a 12-month extension till Sept 1 to meet the requirements to exit the SGX Watch-list.
Textile firm China Hongcheng Holdings, which was placed on the Watch-list in Sept 2013, has received notice from the SGX that it will be delisted.
Markets
Wall Street stocks jumped almost 2% on Wednesday in the latest volatile session as investors weighed the impact of a stumbling Chinese economy and global market turmoil on the Federal Reserve's impending decision about when to raise interest rates. The Dow Jones industrial average jumped 1.82% to end at 16,351.31 points. The S&P 500 climbed 1.83% to 1,948.85 and the Nasdaq Composite surged 2.46% to 4,749.98.
The Straits Times Index ended the day 0.16% lower at 2,878.13, after trading between 2,877.49 and 2,906.67. Excluding warrants, decliners outnumbered gainers 228 to 179.
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
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