Tuesday, July 29, 2014

Market News In 2 Minutes @ 29th 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. Keppel Land (K17) - Has made its maiden investment in the United States (US) with a prime residential development in New York City. Keppel Land’s total investment in the project is about US$70 million ($87 million). For more details, click here. (source : The Edge)

2. Samudra Energy, which owns gas and oil interests in Indonesia, is seeking to raise $248 million to $276.3 million in an initial public offering in Singapore, according to a term sheet seen by Reuters. For more details, click here(source : The Edge)

3.  Advanced Holdings (5IA) -  Has received letter of awards totalling approximately $9 million to provide process equipment and analyser systems in the region. The projects are scheduled to be completed by first half of 2015 and will lift the company’s order book to approximately $80 million. (source : Shares Investment)

4. Soilbuild Construction Group (S7P) - Has secured a contract by Housing & Development Board for the worth approximately, $168.4 million in Yishun. The project, expected to commence in August 2014 brings the group’s latest order book to $676.9 million. (source : Shares Investment)


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