Saturday, August 30, 2014

Market News In 2 Minutes @ 30th August 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. IPS Securex Holdings (40A) - The provider of security products and integrated security solutions, said it has won a $4.5 million contract from the HDB for the installation, leasing and maintenance of alert alarm systems (AAS) for several blocks of residential housing across Singapore. (source : The Edge)

2. Linc Energy (TI6) - Has entered into an agreement to sell its Carmichael coal-mine royalty deed in Australia to India’s Adani Group for A$155 million ($180 million) in cash. (source : The Edge)

3. Yoma Strategic Holdings (Z59) - Proposed the acquisition of a 70 percent interest in a piece of land located in Yangon, Myanmar, and a 20 percent interest in YSH Finance. The land piece measures 20.3 acres and comes with a purchase price of US$5.6 million, which the company intends to develop into an international school. When the acquisition of YSH Finance is completed, YSH Finance will be a wholly-owned subsidiary of Yoma. (source : The Edge)


No comments:

Post a Comment

Like What You See? Subscribe To Us Here...

* indicates required