The following stocks may be in focus today:
City Developments Limited (CDL), through its subsidiary Reselton Properties Limited, has entered into contract for the acquisition of the £158 million ($334.96 million) freehold Stag Brewery land site in Mortlake, in south-west London.
Envictus International Holdings’ FY15 losses narrowed to RM 0.36 million ($0.1 million) from RM 67.4 million a year ago. This came on the back of a 6.7% rise in revenue to $327.4 million driven primarily by a rise in revenue contribution from the food services division.
PNE Micron Holdings reported a net loss of $266,000 for FY2015 ended Sept, compared with earnings of $752,000 in FY2014. Revenue rose five-fold to $101.7 million, on the back of the $86.1 million maiden contribution from the group’s new commodities trading segment, arising from the acquisition of a 50% interest in SMC Industrial in January.
China Everbright Water has secured an upgrading project for the first phase of Beijing Daxing Tiantanghe Waste Water Treatment Project and the expansion of the second phase, by the People’s Government of Daxing District, Beijing. The total contract value of the two projects is estimated at RMB228 million ($50.1 million).
Avic International Maritime Holdings’ subsidiary, Deltamarin, has clinched a €2 million ($3 million) contract from Qingshan Shipyard of Sinotrans in China to design the world’s first LNG handysize bulk carriers.
Developer Bonvests Holdings has agreed to acquire the property known as Lot 66 and 482-484 Murray Street, Perth, Australia from with Murray Street Pty Ltd and the property known as 486-488 Murray Street from Kingsgold Pty Ltd.
Markets
U.S. markets are closed for the Thanksgiving holiday.
The Straits Times Index ended Thursday 0.24% lower at 2,884.69, after trading between 2,880.73 and 2,903.85. Excluding warrants, decliners outnumbered gainers 222 to 163.
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City Developments Limited (CDL), through its subsidiary Reselton Properties Limited, has entered into contract for the acquisition of the £158 million ($334.96 million) freehold Stag Brewery land site in Mortlake, in south-west London.
Envictus International Holdings’ FY15 losses narrowed to RM 0.36 million ($0.1 million) from RM 67.4 million a year ago. This came on the back of a 6.7% rise in revenue to $327.4 million driven primarily by a rise in revenue contribution from the food services division.
PNE Micron Holdings reported a net loss of $266,000 for FY2015 ended Sept, compared with earnings of $752,000 in FY2014. Revenue rose five-fold to $101.7 million, on the back of the $86.1 million maiden contribution from the group’s new commodities trading segment, arising from the acquisition of a 50% interest in SMC Industrial in January.
China Everbright Water has secured an upgrading project for the first phase of Beijing Daxing Tiantanghe Waste Water Treatment Project and the expansion of the second phase, by the People’s Government of Daxing District, Beijing. The total contract value of the two projects is estimated at RMB228 million ($50.1 million).
Avic International Maritime Holdings’ subsidiary, Deltamarin, has clinched a €2 million ($3 million) contract from Qingshan Shipyard of Sinotrans in China to design the world’s first LNG handysize bulk carriers.
Developer Bonvests Holdings has agreed to acquire the property known as Lot 66 and 482-484 Murray Street, Perth, Australia from with Murray Street Pty Ltd and the property known as 486-488 Murray Street from Kingsgold Pty Ltd.
Markets
U.S. markets are closed for the Thanksgiving holiday.
The Straits Times Index ended Thursday 0.24% lower at 2,884.69, after trading between 2,880.73 and 2,903.85. Excluding warrants, decliners outnumbered gainers 222 to 163.
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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