Thursday, July 17, 2014

Market News In 2 Minutes @ 17th July 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. TEE International (M1Z) - Its total outstanding order book increased to almost $400 million with the addition of new contracts awarded in Singapore. For the complete report, click here. (source : The Edge)

2. ISDN Holdings (I07) - Its wholly owned subsidiary, Aenergy Holdings, is partnering Indonesia-based PT Jodo Alam Titra (PT Jodo), to create a portfolio of mini hydropower projects in Indonesia with combined capacity of 100 megawatt (MW). For the complete report, click here. (source : The Edge)

3. Midas Holdings (5EN) - Its subsidiary, Jilin Midas Aluminum Industries Co. (Jilin Midas) has inked two new metro contracts worth Rmb52.2 million from CNR Changchun Railway Vehicles Co.  With the two new contracts, total value of contracts the company has secured year-to-date is now valued at over Rmb589 million. (source : Shares Investment)

4. Yangzijiang Shipbuilding Holdings (BS6) - Has disposed its entire 50 percent stake Wujiang Jinke Yangzi Real Estate Development Co. and its entire interest in Jiangsu Leyuan Innovation International Trading Co. at par value of Rmb200 million and Rmb10 million respectively. Meanwhile, the group has subscribed for a 100 percent interest in Taixing Tongzhou Warehousing Co., whose core business is related to the provision of storage handling services for the shipyards of the group and has a paid-up capital of Rmb0.5 million. (source : Shares Investment)

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