Here are some stocks to watch this Friday morning.
The 30 constituents of the benchmark Straits Times Index (STI) will remain unchanged following the conclusion of the latest quarterly review. The STI reserve list will include Singapore Post, Suntec REIT, CapitaLand Commercial Trust, First Resources and Neptune Orient Lines. Companies on the reserve list will replace any constituents that become ineligible as a result of corporate actions, before the next review.
Reuters reported that French shipping giant CMA CGM has obtained firm commitments from banks to finance the takeover of Neptune Orient Lines which has a market value of US$2.2 billion ($3.1 billion). NOL closed at $1.205.
Roxy-Pacific Holdings, the property and hospitality group, has acquired a 14-storey commercial building at 117 Clarence Street, Sydney, Australia, for A$81 million ($82.9 million) via a 50% owned associate company. Roxy-Pacific believes the property has the potential to be a stable source of rental income for the group. Roxy-Pacific last traded at 48.5 cents.
T T J Holdings landed a public sector contract and an industrial contract worth a total of $16 million. Shares of T T J ended up 0.5 cent or 1.3% at 39.5 cents.
Nordic Group’s wholly-owned subsidiaries, Nordic Flow Control and Austin Energy (Asia), have clinched several new orders worth a total of about $2.5 million. Nordic ended down 0.4 cent or 2.1% at 18.5 cents.
Mencast Holdings, the marine and oil and gas maintenance, repair and overhaul provider, said it will place out 54.6 million new shares at a price of 27 cents each to two investors to raise gross proceeds of $14.8 million which will be used to partially repay existing debt. Mencast last traded at 24.5 cents a share.
Healthway Medical Corp’s 3Q earnings more than halved to $3 million from $10.7 million a year earlier. Revenue for the three months ended Sept 30 rose 7.6% to $23.2 million, mainly due to an increase in patient load. The stock closed 2.9% lower at 3.4 cents.
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The 30 constituents of the benchmark Straits Times Index (STI) will remain unchanged following the conclusion of the latest quarterly review. The STI reserve list will include Singapore Post, Suntec REIT, CapitaLand Commercial Trust, First Resources and Neptune Orient Lines. Companies on the reserve list will replace any constituents that become ineligible as a result of corporate actions, before the next review.
Reuters reported that French shipping giant CMA CGM has obtained firm commitments from banks to finance the takeover of Neptune Orient Lines which has a market value of US$2.2 billion ($3.1 billion). NOL closed at $1.205.
Roxy-Pacific Holdings, the property and hospitality group, has acquired a 14-storey commercial building at 117 Clarence Street, Sydney, Australia, for A$81 million ($82.9 million) via a 50% owned associate company. Roxy-Pacific believes the property has the potential to be a stable source of rental income for the group. Roxy-Pacific last traded at 48.5 cents.
T T J Holdings landed a public sector contract and an industrial contract worth a total of $16 million. Shares of T T J ended up 0.5 cent or 1.3% at 39.5 cents.
Nordic Group’s wholly-owned subsidiaries, Nordic Flow Control and Austin Energy (Asia), have clinched several new orders worth a total of about $2.5 million. Nordic ended down 0.4 cent or 2.1% at 18.5 cents.
Mencast Holdings, the marine and oil and gas maintenance, repair and overhaul provider, said it will place out 54.6 million new shares at a price of 27 cents each to two investors to raise gross proceeds of $14.8 million which will be used to partially repay existing debt. Mencast last traded at 24.5 cents a share.
Healthway Medical Corp’s 3Q earnings more than halved to $3 million from $10.7 million a year earlier. Revenue for the three months ended Sept 30 rose 7.6% to $23.2 million, mainly due to an increase in patient load. The stock closed 2.9% lower at 3.4 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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