Wednesday, June 18, 2014

Market News In 2 Minutes @ 18th June 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. Gazprom - Russia’s top natural gas producer listed on the Singapore stock exchange on Tuesday, giving it greater access to Asian investors in the wake of a multibillion-dollar gas supply deal with China. For more details, click here. (source : The Edge)

2. Yangzijiang Shipbuilding (U9N) announced that it has secured a shipbuilding contract for four 260,000DWT very large ore carriers. (source : The Edge)

3. Global Logistic Properties (MC0) - The provider of modern logistics facilities in China, Japan and Brazil, said it has signed a new build-to-suit (BTS) agreement with Japan Logistic Systems Corp., a major third-party logistics (3PL) provider in Japan. (source : The Edge)

4. Vallianz Holdings (545) - Is planning to issue up to 230 million shares at an issue price of $0.13545 each. It also indicates that Legend Financial, Golden Summit International, Zymmetry Investments, ICH Partners and ICH Invest & Trade has agreed to subscribe to a total of 170 million shares, representing 6.74% of the enlarged share capital. For more details, click here (source : The Edge)

5. Koh Brothers Group (K75) - Announced its Joint Venture company KBD Westwood has won a $126.5 million construction contract for a new executive condominium at Jurong West. (source : The Edge)

6. Ace Achieve Infocom (A75) - Has secured a new IT project worth RMb48 million from China Unicom. The company will be supplying and installing IBM storage devices and servers in Beijing, Anhui and Xinjiang. The project is expected to be completed within 18 months and will help increase the company’s presence in the China market. (source : Shares Investment)


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