Tuesday, August 5, 2014

Market News In 2 Minutes @ 5th 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. Ezra Holdings (5DN) - The contractor and provider of integrated offshore solutions to the oil and gas (O&G) industry, today announced that its Subsea Services division, EMAS AMC, has been awarded several projects around the world worth close to US$110 million ($137 million), including options. (source : The Edge)

2. Global Logistic Properties (MC0) - The provider of logistics facilities in China, Japan and Brazil, has entered into a strategic partnership with China Materials Storage and Transportation Development Company (CMSTD) to form a JV to develop logistics facilities in China. The JV is expected to invest over RMB 3.6 billion ($727 million) to develop an initial pipeline of up to 14 million sq ft of buildable area across China on 29 million sq ft which CMSTD currently holds in its land reserve. For more details, click here. (source : The Edge)

3. KLW Holdings (504) - Has secured a new Singapore residential project valued at $3 million for the supply and installation of doors for a private residential development. The contract is awarded by Keong Hong Construction with date of completion by 24 July 2016. (source : Shares Investment)


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