Here are some stocks to watch this Monday morning:
Vard Holdings won contracts valued at more than US$100 million ($142.8 million) in total to design and construct of two Offshore Subsea Construction Vessels (OSCV) for Dubai-based Topaz Energy and Marine. Vard on Friday closed 2.33% higher at 44 cents.
IPS Securex Holdings, the regional provider of various security products and security solution, placed out 8.9 million shares to “certain institutional investors” at 71 cents per share to raise $6.32 million. IPS Securex closed at 79 cents.
Property developer Oxley Holidings has sold 30% of its launched units 49% owned Cambodian mixed development project, The Peak. Oxley says it plans to launch The Peak for sale in Singapore in mid October 2015. Oxley’s shares closed unchanged at 40 cents.
HLH Group, the agricultural and property group, unveiled its first housing project in Cambodia in conjunction with the launch of its CAMHOMES brand of properties last Saturday. Called D’Seaview, the freehold mixed-development project will be built in the port city of Sihanoukville. Prices will start from US$33,000 per unit ($7,372 per unit) onwards. HLH last traded at 1.1 cents.
Fabchem China, the producer of explosives and explosive devices for commercial use, says its subsidiary had successfully loaded its commercial explosives products on to a vessel through the Port of Weihai on Sept 21 after the explosions at the Port of Tianjin resulted in its temporary closure. Fabchem China last traded at 32 cents.
Debao Property Development says subsidiary Debao Property Development (HK) Limited, has completed the acquisition of a 100% stake in new property developer Elite Starhill Sdn Bhd for a cash consideration of RM10 million ($2.2 million). Debao closed at 4.1 cents.
Markets
US stocks ended the week with a whimper, turning big opening gains in the S&P 500 and Nasdaq Composite into losses by the conclusion of Friday’s session. The Dow Jones Industrial Average closed 113.35 points, or 0.7%, higher at 16,314.67 and declined 0.4% over the week. The S&P 500 SPX closed less than a point lower at 1,931.34 and booked a 1.4% weekly loss. The Nasdaq Composite ended the day down 47.98 points, or 1%, at 4,686.50 and posted a 2.9% weekly loss.
Singapore equities closed weaker on Friday too. The Straits Times Index ended the day 0.46% lower at 2,832.64 with a total of 1.37 billion shares worth about $1.19 billion changing hands.
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Vard Holdings won contracts valued at more than US$100 million ($142.8 million) in total to design and construct of two Offshore Subsea Construction Vessels (OSCV) for Dubai-based Topaz Energy and Marine. Vard on Friday closed 2.33% higher at 44 cents.
IPS Securex Holdings, the regional provider of various security products and security solution, placed out 8.9 million shares to “certain institutional investors” at 71 cents per share to raise $6.32 million. IPS Securex closed at 79 cents.
Property developer Oxley Holidings has sold 30% of its launched units 49% owned Cambodian mixed development project, The Peak. Oxley says it plans to launch The Peak for sale in Singapore in mid October 2015. Oxley’s shares closed unchanged at 40 cents.
HLH Group, the agricultural and property group, unveiled its first housing project in Cambodia in conjunction with the launch of its CAMHOMES brand of properties last Saturday. Called D’Seaview, the freehold mixed-development project will be built in the port city of Sihanoukville. Prices will start from US$33,000 per unit ($7,372 per unit) onwards. HLH last traded at 1.1 cents.
Fabchem China, the producer of explosives and explosive devices for commercial use, says its subsidiary had successfully loaded its commercial explosives products on to a vessel through the Port of Weihai on Sept 21 after the explosions at the Port of Tianjin resulted in its temporary closure. Fabchem China last traded at 32 cents.
Debao Property Development says subsidiary Debao Property Development (HK) Limited, has completed the acquisition of a 100% stake in new property developer Elite Starhill Sdn Bhd for a cash consideration of RM10 million ($2.2 million). Debao closed at 4.1 cents.
Markets
US stocks ended the week with a whimper, turning big opening gains in the S&P 500 and Nasdaq Composite into losses by the conclusion of Friday’s session. The Dow Jones Industrial Average closed 113.35 points, or 0.7%, higher at 16,314.67 and declined 0.4% over the week. The S&P 500 SPX closed less than a point lower at 1,931.34 and booked a 1.4% weekly loss. The Nasdaq Composite ended the day down 47.98 points, or 1%, at 4,686.50 and posted a 2.9% weekly loss.
Singapore equities closed weaker on Friday too. The Straits Times Index ended the day 0.46% lower at 2,832.64 with a total of 1.37 billion shares worth about $1.19 billion changing hands.
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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