Here are some stocks to watch this Thursday morning.
Yoma Strategic, the Myanmar-focused business conglomerate, reported 3Q earnings more than tripled to $25.2 million from a year ago due to the fair value gain recorded by its telecom tower business and strong performance of its non-real-estate segments. Revenue fell 5% to $23.8 million from $25 million though. Yoma ended higher at 43 cents, up 0.5 cent or 1.2% on Wednesday.
Singapore Exchange (SGX) and Taiwan Stock Exchange (TWSE) have formed a strategic partnership. Under the tie-up, a subsidiary of TWSE, Global Link Securities Co., will join SGX as a remote trading member. In addition, SGX and TWSE will jointly launch a series of market education and awareness programmes in Taiwan. SGX closed 0.9% higher at $6.90.
CDL Hospitality Trusts posted 10.06 cents in distribution per stapled security for FY2015, 8.4% lower than the 10.98 cents DPU declared in FY2014. Revenue rose 3.4% to $172.4 million, though net property income fell 2.5% to $137 million due to the challenging hospitality sectors in Singapore and Maldives, as well as the weakness of the Australian dollar and the New Zealand dollar against the Singapore dollar. CDLHT’s units closed unchanged at $1.27 cents on Wednesday.
Keppel Offshore & Marine, a unit of Keppel Corporation, has won a joint licence with BG Group plc to supply liquefied natural gas bunker to vessels at the Port of Singapore, in a joint bid with BG Group plc. Keppel shares closed 0.85% higher at $4.75.
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Yoma Strategic, the Myanmar-focused business conglomerate, reported 3Q earnings more than tripled to $25.2 million from a year ago due to the fair value gain recorded by its telecom tower business and strong performance of its non-real-estate segments. Revenue fell 5% to $23.8 million from $25 million though. Yoma ended higher at 43 cents, up 0.5 cent or 1.2% on Wednesday.
Singapore Exchange (SGX) and Taiwan Stock Exchange (TWSE) have formed a strategic partnership. Under the tie-up, a subsidiary of TWSE, Global Link Securities Co., will join SGX as a remote trading member. In addition, SGX and TWSE will jointly launch a series of market education and awareness programmes in Taiwan. SGX closed 0.9% higher at $6.90.
CDL Hospitality Trusts posted 10.06 cents in distribution per stapled security for FY2015, 8.4% lower than the 10.98 cents DPU declared in FY2014. Revenue rose 3.4% to $172.4 million, though net property income fell 2.5% to $137 million due to the challenging hospitality sectors in Singapore and Maldives, as well as the weakness of the Australian dollar and the New Zealand dollar against the Singapore dollar. CDLHT’s units closed unchanged at $1.27 cents on Wednesday.
Keppel Offshore & Marine, a unit of Keppel Corporation, has won a joint licence with BG Group plc to supply liquefied natural gas bunker to vessels at the Port of Singapore, in a joint bid with BG Group plc. Keppel shares closed 0.85% higher at $4.75.
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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