The following stocks may be in focus today:
Magnus Energy's subsidiary, Mid-Continent Equipment Group, has agreed to subscribe to 8 million shares in Royal Energy Pty Ltd at 12.5 Australian cents per share or A$1 million ($1 million) in total.
The Competition Commission of Singapore (CCS) has approved a strategic alliance agreement between Tiger Airways and Cebu Pacific, which will allow the two budget carriers to work more closely together for the Singapore and Philippine markets.
International Healthway Corporation (IHC) on Monday announced terms for its proposed acquisition of Healthway Medical Corporation (HMC). The consideration for each HMC share is $0.10 and will be satisfied through the issue of new shares in IHC at an issue price of $0.45. No cash will be paid to HMC shareholders. Each HMC shareholder will be entitled to one consideration share for every 4.5 HMC shares. Once the acquisition goes through, HMC will be delisted.
Soilbuild Construction Group says Soil-Build, a wholly owned subsidiary of the company, has won the tender for the lease of land at Airport Road from the Building and Construction Authority.
Jasper Investments announced that Triton Investments No. 8 LLP will make a mandatory general cash offer for all the shares of Jasper Investments it does not own at 0.04 cent each.
Singapore Exchange has ruled that the proposed spin-off of part or all of Tat Hong's China tower crane rental business in Taiwan complies with its listing rules and that it is not considered a 'chain listing'.
Markets
The major U.S. stock indexes ended higher on Monday, rebounding from losses late last week with help from Apple Inc and financial shares, but a drop in biotech shares limited Nasdaq's advance. The Dow Jones industrial average rose 125.54 points, or 0.77%, to 16,510.12, the S&P 500 gained 9.03 points, or 0.46%, to 1,967.06 and the Nasdaq Composite added 1.73 points, or 0.04%, to 4,828.9.
The Straits Times Index ended the day 0.09% higher at 2,882.27, after trading between 2,854.67 and 2,886.93. Excluding warrants, decliners outnumbered gainers 220 to 183.
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Magnus Energy's subsidiary, Mid-Continent Equipment Group, has agreed to subscribe to 8 million shares in Royal Energy Pty Ltd at 12.5 Australian cents per share or A$1 million ($1 million) in total.
The Competition Commission of Singapore (CCS) has approved a strategic alliance agreement between Tiger Airways and Cebu Pacific, which will allow the two budget carriers to work more closely together for the Singapore and Philippine markets.
International Healthway Corporation (IHC) on Monday announced terms for its proposed acquisition of Healthway Medical Corporation (HMC). The consideration for each HMC share is $0.10 and will be satisfied through the issue of new shares in IHC at an issue price of $0.45. No cash will be paid to HMC shareholders. Each HMC shareholder will be entitled to one consideration share for every 4.5 HMC shares. Once the acquisition goes through, HMC will be delisted.
Soilbuild Construction Group says Soil-Build, a wholly owned subsidiary of the company, has won the tender for the lease of land at Airport Road from the Building and Construction Authority.
Jasper Investments announced that Triton Investments No. 8 LLP will make a mandatory general cash offer for all the shares of Jasper Investments it does not own at 0.04 cent each.
Singapore Exchange has ruled that the proposed spin-off of part or all of Tat Hong's China tower crane rental business in Taiwan complies with its listing rules and that it is not considered a 'chain listing'.
Markets
The major U.S. stock indexes ended higher on Monday, rebounding from losses late last week with help from Apple Inc and financial shares, but a drop in biotech shares limited Nasdaq's advance. The Dow Jones industrial average rose 125.54 points, or 0.77%, to 16,510.12, the S&P 500 gained 9.03 points, or 0.46%, to 1,967.06 and the Nasdaq Composite added 1.73 points, or 0.04%, to 4,828.9.
The Straits Times Index ended the day 0.09% higher at 2,882.27, after trading between 2,854.67 and 2,886.93. Excluding warrants, decliners outnumbered gainers 220 to 183.
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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