Tuesday, August 23, 2016

Stocks to watch: SGX, SATS, Ezra, Lippo Malls

SINGAPORE Exchange (SGX): The Baltic Exchange's board hasunanimously recommended that its shareholders vote in favour of Singapore Exchange's (SGX) proposed acquisition, where the former will be acquired by the local bourse operator's indirect wholly owned subsidiary.

Currently, 74 per cent of total votes are in favour of the acquisition. For the acquisition to go through, at least 75 per cent of total votes are needed, in addition to approval from the Financial Conduct Authority in the UK and sanction of the scheme by the UK court.

SATS: The gateway services and food solutions provider has become the first international cargo handler to operate in Saudi Arabia, after its subsidiary, SATS Saudi Arabia LLC, obtained a cargo-handling concession for 221/2 years at Dammam's King Fahd International Airport.

The S$40 million new cargo terminal will be SATS's largest green-field investment to date.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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