Here are some stocks that could move the market this Monday morning:
Advancer Global, the manpower solutions and facilities management provider, starts trading on the Catalist board on Monday. The group sold 43 million new shares at 22 cents each to raise $7.5 million in net proceeds. It intends to use $6.4 million to expand its business into complementary services and overseas markets.
Yuexiu Property, which is seeking to delist from the SGX, has acquired a parcel of land in Niu Tian, Jianggan District, Hangzhou City in the Zhejiang Province of China for a sum of RMB 986 million ($200 million). The land for residential use spans a total gross floor area of 76,800 sq m, with an average land cost of about RMB 12,800 per sq m. Yuexiu Property last traded at 24 cents.
Asiaphos has received approval for the renewal of its Feng Tai exploration rights. The renewed Feng Tai exploration rights is for the exploration of barite rocks in an area of 12.43 sq km in China’s Sichuan province. The new licence is valid from 12 December 2015 to 12 December 2017. Asiaphos last traded at 8.8 cents.
Swiber Holdings says it is mulling its legal options pertaining to the delayed completion of a preference share subscription agreement for a US$200 million investment in its wholly-owned subsidiary, Swiber Investment. AMTC entered into an agreement with Swiber on June 9 to subscribe for 1,000 preference shares in Swiber Investment for US$200 million. On June 27, AMTC informed Swiber Investment of its intention to further extend the completion date although this was rejected by the latter. Swiber last traded at 18 cents.
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Advancer Global, the manpower solutions and facilities management provider, starts trading on the Catalist board on Monday. The group sold 43 million new shares at 22 cents each to raise $7.5 million in net proceeds. It intends to use $6.4 million to expand its business into complementary services and overseas markets.
Yuexiu Property, which is seeking to delist from the SGX, has acquired a parcel of land in Niu Tian, Jianggan District, Hangzhou City in the Zhejiang Province of China for a sum of RMB 986 million ($200 million). The land for residential use spans a total gross floor area of 76,800 sq m, with an average land cost of about RMB 12,800 per sq m. Yuexiu Property last traded at 24 cents.
Asiaphos has received approval for the renewal of its Feng Tai exploration rights. The renewed Feng Tai exploration rights is for the exploration of barite rocks in an area of 12.43 sq km in China’s Sichuan province. The new licence is valid from 12 December 2015 to 12 December 2017. Asiaphos last traded at 8.8 cents.
Swiber Holdings says it is mulling its legal options pertaining to the delayed completion of a preference share subscription agreement for a US$200 million investment in its wholly-owned subsidiary, Swiber Investment. AMTC entered into an agreement with Swiber on June 9 to subscribe for 1,000 preference shares in Swiber Investment for US$200 million. On June 27, AMTC informed Swiber Investment of its intention to further extend the completion date although this was rejected by the latter. Swiber last traded at 18 cents.
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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