The following stocks may be in focus today:
Noble Group, the commodity trader battling criticism of its accounting, may have its credit rating cut to junk by Standard & Poor’s on concerns about the company’s liquidity. The ratings company said in a statement on Monday that it was placing its BBB- rating on Noble, the lowest measure for investment-grade debt, on review with “negative implications.” S&P said it aims to resolve the CreditWatch listing within three months.
Door maker KLW Holdings has received a notice dated Nov 19 from the Commercial Affairs Department saying it is investigating an offence under the Securities and Futures Act.
SIA Engineering Co. has signed an agreement with Rolls-Royce Overseas Holdings (RROH) and Hong Kong Aircraft Engineering Company (HAECO) to sell its 10% stake in Hong Kong Aero Engine Services Ltd (HAESL) to RROH and HAECO in equal proportion.
Midas Holdings has secured four contracts with a total contract value of RMB72.5 million ($16.1 million), to supply aluminum alloy extrusion profiles for metro trains in China and airport rail trains in Malaysia.
United Overseas Bank Group (UOB) has announced a US$8 billion ($11.3 billion) global covered bond programme to augment its funding base.
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Noble Group, the commodity trader battling criticism of its accounting, may have its credit rating cut to junk by Standard & Poor’s on concerns about the company’s liquidity. The ratings company said in a statement on Monday that it was placing its BBB- rating on Noble, the lowest measure for investment-grade debt, on review with “negative implications.” S&P said it aims to resolve the CreditWatch listing within three months.
Door maker KLW Holdings has received a notice dated Nov 19 from the Commercial Affairs Department saying it is investigating an offence under the Securities and Futures Act.
SIA Engineering Co. has signed an agreement with Rolls-Royce Overseas Holdings (RROH) and Hong Kong Aircraft Engineering Company (HAECO) to sell its 10% stake in Hong Kong Aero Engine Services Ltd (HAESL) to RROH and HAECO in equal proportion.
Midas Holdings has secured four contracts with a total contract value of RMB72.5 million ($16.1 million), to supply aluminum alloy extrusion profiles for metro trains in China and airport rail trains in Malaysia.
United Overseas Bank Group (UOB) has announced a US$8 billion ($11.3 billion) global covered bond programme to augment its funding base.
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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