Wednesday, November 19, 2014

Market News In 2 Minutes @ 19th November 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. Midas Holdings (5EN) - Bagged Rmb151.7 million worth of contracts for the supply of high-speed train car body components. These components are slated for delivery in 2014 and 2015 and will subsequently lift the company’s order book to Rmb615.7 million (source : Shares investment)

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2. Trans-cab called off its upcoming IPO due to an unaccounted additional insurance premium liability of $1.83 millions. (source : The Edge Singapore)

3. Tiong Seng (K2P) - Has secured a contract worth $132.4 million to build two high-tech industrial buildings for Mapletree industrial Trust. (source : The Edge Singapore)

Cheers!

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