The following stocks may be in focus today:
Singapore Post announced that Wolfgang Baier, Group Chief Executive Officer (GCEO), has resigned to “pursue new endeavours”. Baier, 41, will however support a handover until 30 June 2016 or earlier. SingPost said the board is looking for a GCEO both internally and externally.
Global Logistic Properties has completed the acquisition of a 15.5% equity stake in China’s largest state-owned warehouse logistic provider for RMB2 billion ($436 million).
Singapore eDevelopment will have to find another alternative to raise funds. At its extraordinary general meeting (EGM) on Thursday, SeD's shareholders voted against the resolution to give the company to go ahead with a rights cum warrants issue.
Private education firm TMC Education has finally found a potential buyer for two-strata-titled lots at Peninsula Plaza but will have to book a S$1.21 million loss on the sale.
Boustead Singapore has not agreed to the termination of an agreement with Triangle Energy (Global) to take over a natural gas concession held by the Australia-listed company. Keith Chu, vice president for corporate marketing and investor relations, says the consortium Boustead formed for the bid wants Triangle Energy’s shareholders to vote on its US$3.9 million ($5.5 million) offer for its Pase Production Sharing Contract in Indonesia.
Manufacturing and engineering firm UMS Holdings has signed a Memorandum of Understanding with Malaysia’s aerospace metallic component manufacturing company. UMS intends to invest into All Star Fortress and to develop ASF’s aerospace metallic parts manufacturing business.
IT products and services provider Challenger Technologies will shut its 53,000 sq ft flagship store at Funan DigitaLife Mall after the building closes for redevelopment in 3Q2016.
Logistics, property and financial services firm Vibrant Group posted a 42.4% fall in 2Q earnings to $3.5 million. Revenue slipped 6.3% to $47.1 million, owing to lower contribution from freight and logistics business.
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Singapore Post announced that Wolfgang Baier, Group Chief Executive Officer (GCEO), has resigned to “pursue new endeavours”. Baier, 41, will however support a handover until 30 June 2016 or earlier. SingPost said the board is looking for a GCEO both internally and externally.
Global Logistic Properties has completed the acquisition of a 15.5% equity stake in China’s largest state-owned warehouse logistic provider for RMB2 billion ($436 million).
Singapore eDevelopment will have to find another alternative to raise funds. At its extraordinary general meeting (EGM) on Thursday, SeD's shareholders voted against the resolution to give the company to go ahead with a rights cum warrants issue.
Private education firm TMC Education has finally found a potential buyer for two-strata-titled lots at Peninsula Plaza but will have to book a S$1.21 million loss on the sale.
Boustead Singapore has not agreed to the termination of an agreement with Triangle Energy (Global) to take over a natural gas concession held by the Australia-listed company. Keith Chu, vice president for corporate marketing and investor relations, says the consortium Boustead formed for the bid wants Triangle Energy’s shareholders to vote on its US$3.9 million ($5.5 million) offer for its Pase Production Sharing Contract in Indonesia.
Manufacturing and engineering firm UMS Holdings has signed a Memorandum of Understanding with Malaysia’s aerospace metallic component manufacturing company. UMS intends to invest into All Star Fortress and to develop ASF’s aerospace metallic parts manufacturing business.
IT products and services provider Challenger Technologies will shut its 53,000 sq ft flagship store at Funan DigitaLife Mall after the building closes for redevelopment in 3Q2016.
Logistics, property and financial services firm Vibrant Group posted a 42.4% fall in 2Q earnings to $3.5 million. Revenue slipped 6.3% to $47.1 million, owing to lower contribution from freight and logistics business.
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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