Here are some stocks to watch this Tuesday morning.
Frasers Hospitality, a division of Frasers Centrepoint Limited, on Monday launched Fraser Place Setiabudi, its third serviced residence in the Indonesian capital of Jakarta. The opening of the 151-unit serviced residence will bring Frasers Hospitality's Jakarta portfolio to a total of eight properties with more than 1,300 units by 2019. Frasers Centrepoint closed at $1.60 on Monday.
Marble producer Terratech Group is placing out up to 74 million new shares at 4.05 cents apiece to raise $3 million for exploring strategic investments. The placement price is a 9.8% discount to the stock's volume weighted average price of 4.49 cents on March 24. Trading was halted on Monday. About 60% of the proceeds will be used for exploring investments, acquisitions, strategic alliances and joint ventures. The remainder will be used for working capital.
Secura Group, the provider of security guard services, has entered into a memorandum of understanding (MOU) to buy 100% of cybersecurity provider RedSentry and RedSentry Consultancy, a management consultancy business. The company says that the businesses will allow it to expand its cybersecurity offerings and enlarge its market share in Singapore. Secura closed at 18.4 cents on Monday.
Offshore marine company Nordic Group says its subsidiaries have collectively secured contracts worth a total of $36.5 million with their repeat customers. Nordic shares finished at 18.6 cents on Monday.
Mermaid Maritime Public Company Limited has won an award through its Qatari business unit valued at US$10 million ($13.7 million). The customer is a global cable manufacturing, installation and commissioning company.
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Frasers Hospitality, a division of Frasers Centrepoint Limited, on Monday launched Fraser Place Setiabudi, its third serviced residence in the Indonesian capital of Jakarta. The opening of the 151-unit serviced residence will bring Frasers Hospitality's Jakarta portfolio to a total of eight properties with more than 1,300 units by 2019. Frasers Centrepoint closed at $1.60 on Monday.
Marble producer Terratech Group is placing out up to 74 million new shares at 4.05 cents apiece to raise $3 million for exploring strategic investments. The placement price is a 9.8% discount to the stock's volume weighted average price of 4.49 cents on March 24. Trading was halted on Monday. About 60% of the proceeds will be used for exploring investments, acquisitions, strategic alliances and joint ventures. The remainder will be used for working capital.
Secura Group, the provider of security guard services, has entered into a memorandum of understanding (MOU) to buy 100% of cybersecurity provider RedSentry and RedSentry Consultancy, a management consultancy business. The company says that the businesses will allow it to expand its cybersecurity offerings and enlarge its market share in Singapore. Secura closed at 18.4 cents on Monday.
Offshore marine company Nordic Group says its subsidiaries have collectively secured contracts worth a total of $36.5 million with their repeat customers. Nordic shares finished at 18.6 cents on Monday.
Mermaid Maritime Public Company Limited has won an award through its Qatari business unit valued at US$10 million ($13.7 million). The customer is a global cable manufacturing, installation and commissioning company.
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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