Monday, May 5, 2014

Market News In 2 Minutes @ 5th 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. Guocoland (F17) - Acquired a residential site at Sims Drive for $530.9 million. The site will be developed into a condominium with full facilities, and is capable of yielding more than 850 units. (source : Shares Investment)

2. Lotte Shopping Co said it is postponing the listing of an up to US$1 billion ($1.25 billion) real estate investment trust in Singapore, underscoring lacklustre appetite for IPOs in the city state. For more detailed report, click here (source : The Edge)


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