Thursday, September 18, 2014

Market News In 2 Minutes @ 18th 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. Raffles Education Corporation (NR7) - Is acquiring a hotel and facilities, seven commercial units and a plot of land with teaching building and dormitories, in Nendaz, Switzerland. The total consideration for the acquisition is CHF29.12 million ($39.8 million). For the complete report, click here. (source : The Edge)

2. Singapore and Australia have agreed to give each other access to trade repositories, or databases of over-the-counter (OTC) derivatives trading, pushing for transparency in Asia’s top two hubs for such transactions. For the complete report, click here. (source : The Edge)

3. SGX plans to introduce the minimum trading price requirement  (20 cents) and adjustments to the existing watch-list requirements by March 2015, and for them to take effect from March 2016.

4. Triyards Holdings (RC5) - Is planning to place out 29.5 million new shares at 70 cents each institutional investors to raise up to $20.7 million. For the complete report, click here. (source : The Edge)


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