Friday, July 25, 2014

Market News In 2 Minutes @ 25th July 2014

Market News in 2 minutes
TGIF and a long weekend is around the corner! Wish you all have a great weekend and Hari Raya Holiday ahead of you! 

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. Accordia Golf Trust (AG Trust), the first business trust with investments in golf course assets in Japan to list on the SGX, has priced its offering at 97 cents per unit. With initial portfolio of 89 golf courses and related assets, it is scheduled to commence trading on Aug 1. The trust intends to distribute its entire distributable income to unitholders for the current FY2015 ending March 31, 2015. At the offer price of 97 cents per unit, the annual distribution yield will be 9.1%. (source : The Ege)
 
2. CNA Group (5GC) - The master system integrator, has signed a Memorandum of Agreement with Buathip Lao Co. to jointly deliver a national Integrated Fuel Management System (IFMS) in Laos. For more details, click here(source : The Ege)
 
Cheers!

2 comments:

  1. Hi Richard,

    It'll be better if you can give us your thoughts on what those news mean to you, instead of copying and pasting them on your blog. Otherwise, it's just more information and we're suffering from info overload! LOL

    Just a suggestion - ignore it if you don't agree :)

    ReplyDelete
    Replies
    1. Hi Butterfly, you are right, my original intention of this daily blog series is more of "copy and paste" (with the exception that I try to make it in summary form). It is kind of like curation.

      As for my view on these news, I will usually write separate posts on the news that I really interested in e.g. when I am vested on the stocks.

      Thanks for the suggestion anyway...

      Delete

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