Here are some stocks that could move the market this Wednesday morning:
ST Engineering’s aerospace arm, ST Aerospace, has won $770 million worth of contracts in the second quarter. The projects include airframe cabin interiors maintenance, engine wash, component repair and overhaul, line and heavy airframe maintenance for commercial airlines and military operators, as well as cabin interior modifications. Shares of ST Engineering closed 1.2% higher at $3.32 on Tuesday.
See ST Aerospace wins $770 mil in contracts; incorporates German subsidiary for component manufacturing
Lifebrandz is making a foray into the goldmining industry. Lifebrandz said it had entered into a non-binding term sheet on Tuesday with Asidokona Mining Resources to acquire the entire issued and paid-up share capital of Tolukuma Gold Mines. The purchase consideration of US$212 million ($286 million) will be satisfied in its entirety by the allotment and issue of new Lifebrandz shares. Lifebrandz shares last traded at 0.2 cent.
See Lifebrandz to acquire goldmine business after dumping health and wellness plans
OKP Holdings, the infrastructure and civil engineering company, says wholly-owned subsidiary, Eng Lam Contractors Co has won a $19.3 million contract for infrastructure works at Punggol. With these latest contracts, the total value of contracts secured in 2016 amounted to $101.8 million and boosted the net construction order book to $414.1 million, with contracts extending to 2019. OKP shares last traded at 25 cents.
See OKP unit wins $19.3 mil contract for Punggol infrastructure works
Frasers Centrepoint Limited plans to issue US$200 million ($269 million) in fixed five-year 2.5% interest rate notes through its wholly owned subsidiary FCL Treasury. The net proceeds will be used for general corporate purposes. This includes refinancing existing borrowing, financing investments and for general working capital needs. Units of Frasers Centrepoint closed 0.3% higher at $1.51.
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ST Engineering’s aerospace arm, ST Aerospace, has won $770 million worth of contracts in the second quarter. The projects include airframe cabin interiors maintenance, engine wash, component repair and overhaul, line and heavy airframe maintenance for commercial airlines and military operators, as well as cabin interior modifications. Shares of ST Engineering closed 1.2% higher at $3.32 on Tuesday.
See ST Aerospace wins $770 mil in contracts; incorporates German subsidiary for component manufacturing
Lifebrandz is making a foray into the goldmining industry. Lifebrandz said it had entered into a non-binding term sheet on Tuesday with Asidokona Mining Resources to acquire the entire issued and paid-up share capital of Tolukuma Gold Mines. The purchase consideration of US$212 million ($286 million) will be satisfied in its entirety by the allotment and issue of new Lifebrandz shares. Lifebrandz shares last traded at 0.2 cent.
See Lifebrandz to acquire goldmine business after dumping health and wellness plans
OKP Holdings, the infrastructure and civil engineering company, says wholly-owned subsidiary, Eng Lam Contractors Co has won a $19.3 million contract for infrastructure works at Punggol. With these latest contracts, the total value of contracts secured in 2016 amounted to $101.8 million and boosted the net construction order book to $414.1 million, with contracts extending to 2019. OKP shares last traded at 25 cents.
See OKP unit wins $19.3 mil contract for Punggol infrastructure works
Frasers Centrepoint Limited plans to issue US$200 million ($269 million) in fixed five-year 2.5% interest rate notes through its wholly owned subsidiary FCL Treasury. The net proceeds will be used for general corporate purposes. This includes refinancing existing borrowing, financing investments and for general working capital needs. Units of Frasers Centrepoint closed 0.3% higher at $1.51.
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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