Monday, September 15, 2014

Market News In 2 Minutes @ 15th September 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. Goodpack (G05) - Announced that the company will be delisted from the SGX with effect from Sept 15 2014. (source : The Edge)

2. Sembcorp Industries (U96) - Is planning to sign of a joint venture agreement with a subsidiary of Chongqing Energy Investment Group, Chongqing Songzao Coal and Power LLC, to collaborate on a coal-fired power project in Chongqing municipality. The entire project will cost RMB6 billion ($1.2 billion), with the development of the new 1,320-megawatt plant expected to complete in 2017. For complete report, click here. (source : The Edge)

3. IHH Healthcare (Q0F) - Asia’s largest hospital operator by stock market value, said on Friday it is buying India’s Fortis Healthcare Ltd’s Singaporean diagnostic and molecular imaging unit Radlink-Asia for 346.53 million ringgit ($137 million). (source : The Edge)

4. Pan Ocean Co. (PO9) - Said it would sell its near 85% stake in Heungkuk Mutual Saving Bank for 2.2 billion won ($2.7 million) to Investor United Inc. (source : The Edge)


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