The following stocks may be in focus today:
OUE Hospitality Trust (OUE H-Trust) plans to raise around $238.6 million via a rights issue to fund the acquisition of the Crowne Plaza Changi Airport hotel extension. The new stapled securities, which are priced at 54 cents, will be offered to eligible securityholders at a ratio of 33 rights stapled securities for every 100 existing stapled securities in OUE H-Trust. The issue price represents a discount of about 29.4% to the closing price of $0.765 on Monday.
KLW Holdings has entered into an option to purchase two units located at 2 Kallang Avenue for about $2.28 million. KLW is acquiring the units from Ultra Group and Magnitude respectively.
TTJ Holdings' earnings in 2Q jumped 40% y-o-y to $5.41 million, on higher revenue and the absence of other losses. Revenue rose 4% to $28.56 million owing to higher contributions from its structural steel business.
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OUE Hospitality Trust (OUE H-Trust) plans to raise around $238.6 million via a rights issue to fund the acquisition of the Crowne Plaza Changi Airport hotel extension. The new stapled securities, which are priced at 54 cents, will be offered to eligible securityholders at a ratio of 33 rights stapled securities for every 100 existing stapled securities in OUE H-Trust. The issue price represents a discount of about 29.4% to the closing price of $0.765 on Monday.
KLW Holdings has entered into an option to purchase two units located at 2 Kallang Avenue for about $2.28 million. KLW is acquiring the units from Ultra Group and Magnitude respectively.
TTJ Holdings' earnings in 2Q jumped 40% y-o-y to $5.41 million, on higher revenue and the absence of other losses. Revenue rose 4% to $28.56 million owing to higher contributions from its structural steel business.
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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