Wednesday, July 23, 2014

Market News In 2 Minutes @ 23rd 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. Cosco Corporation (F83) - Said that its shipyards have won US$300 million ($372 million) worth of contracts for the building of one accommodation barge and seven bulk carriers. The contracts are not expected to have a material impact on the net tangible assets and earnings per share of the company for the year ending December 31, 2014. (source : The Edge)

2. 800 Super Holdings (5TG) - Its subsidiary, 800 Super Waste Management has been awarded a $204.9 million contract by the National Environmental Agency to provide integrated public cleaning services for the South-West region of Singapore. The contract is for a period of seven years with an option for an extension for another one year. (source : Shares Investment)

3. Technics Oil & Gas (5CQ) - Has inked a new leasing contract worth $17.3 million, involving a five years leasing and maintenance contract for five units of gas compressor equipment as well as a one year plant maintenance contract in Indonesia. (source : Shares Investment)


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