Here are some stocks to watch this Tuesday morning.
Sinarmas Land has unveiled its development plans for Nuvasa Bay, its first development project in Nongsa, Batam, that integrates an exclusive residential area with a full suite of resort facilities surrounded by an 18-hole golf course along a 1.2km-long beachfront. The group plans to invest a minimum of four trillion rupiah ($400 million) over the next five years to develop Nuvasa Bay and to market the project in the third or fourth quarter of 2016. Sinarmas Land closed 4.2% lower at 46 cents on Monday.
The Singapore Exchange has been named "Global Exchange of the Year" for the first time by derivatives magazine Futures & Options World, it said in a press release on Monday. SGX shares rose 6 cents to $7.53 before its announcement.
XMH Holdings the provider of marine engines and solutions, recorded a 69.3% increase in 1H16 ended October of $3.57 million from a year ago. The increase came on the back of a 10.1% increase in revenue to $49.56 million, primarily supported by the increase in the projects segment, following the inclusion of ZPA’s results. Shares in XMH Holdings closed 2.33% higher at 13.2 cents on Monday.
Interra Resources has entered into an MOU with Sany South East Asia, a unit of Sany Heavy Industry, the manufacturer of engineering machinery products listed on the stock exchanges of Shanghai and Hong Kong to tap business plans and policies under China’s “One Belt, One Road” initiative. Shares in Interra Resources closed 8.24% higher at 9.2 cents.
The trustee-manager of Rickmers Maritime says the business trust is expected to report a net loss for 4Q15 and FY2015 ending December 31. In light of the depressed chartering markets, the trustee-manager is of the view that it is appropriate to recognise impairment charges on its vessels in its 4Q15 financial results amounting to about US$129 million. Shares in Rickmers Maritime closed 3.91% lower at 12.3 cents.
Mainboard-listed MMP Resource announced the group has significantly reduced its debt, resulting in stronger fundamentals and a more focused strategic business model since its restructuring efforts in February. MMP Resources closed 8.3% lower at 1.1 cents.
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Sinarmas Land has unveiled its development plans for Nuvasa Bay, its first development project in Nongsa, Batam, that integrates an exclusive residential area with a full suite of resort facilities surrounded by an 18-hole golf course along a 1.2km-long beachfront. The group plans to invest a minimum of four trillion rupiah ($400 million) over the next five years to develop Nuvasa Bay and to market the project in the third or fourth quarter of 2016. Sinarmas Land closed 4.2% lower at 46 cents on Monday.
The Singapore Exchange has been named "Global Exchange of the Year" for the first time by derivatives magazine Futures & Options World, it said in a press release on Monday. SGX shares rose 6 cents to $7.53 before its announcement.
XMH Holdings the provider of marine engines and solutions, recorded a 69.3% increase in 1H16 ended October of $3.57 million from a year ago. The increase came on the back of a 10.1% increase in revenue to $49.56 million, primarily supported by the increase in the projects segment, following the inclusion of ZPA’s results. Shares in XMH Holdings closed 2.33% higher at 13.2 cents on Monday.
Interra Resources has entered into an MOU with Sany South East Asia, a unit of Sany Heavy Industry, the manufacturer of engineering machinery products listed on the stock exchanges of Shanghai and Hong Kong to tap business plans and policies under China’s “One Belt, One Road” initiative. Shares in Interra Resources closed 8.24% higher at 9.2 cents.
The trustee-manager of Rickmers Maritime says the business trust is expected to report a net loss for 4Q15 and FY2015 ending December 31. In light of the depressed chartering markets, the trustee-manager is of the view that it is appropriate to recognise impairment charges on its vessels in its 4Q15 financial results amounting to about US$129 million. Shares in Rickmers Maritime closed 3.91% lower at 12.3 cents.
Mainboard-listed MMP Resource announced the group has significantly reduced its debt, resulting in stronger fundamentals and a more focused strategic business model since its restructuring efforts in February. MMP Resources closed 8.3% lower at 1.1 cents.
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