Monday, May 26, 2014

Market News In 2 Minutes @ 26th May 2014

Market News in 2 minutes

As stock investors (even though a small one), it is important to keep abreast with the latest financial and market news. Since I am in it, I thought it might be worthwhile to share it out with my readers too.

Hence, I started this "Market News In 2 Minutes" series.
Following are the "Market News In 2 Minutes" for today :
1. Commodities shipper BW Group and Singapore’s Pavilion Energy have agreed to form a joint venture to manage, acquire and charter liquefied natural gas (LNG) shipping assets, the companies said on Friday. For more details on the report, click here. (source : The Edge)

2. OKP Holdings (5CF) - Has been awarded with a $50.6 million contract from the Public Utilities Board to construct Stamford Diversion Canal which is located in Tanglin and Kim Seng. The latest contract win will lift OKP’s net construction order book to $240.2 million and extending it till 2017. (Source : Shares Investment)

3. KS Energy (578) - Has inked three contract extensions worth more than US$60 million for the provision of drilling services and charter of the company’s three drilling rigs. (source : Shares Investment)


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