
Hence, I started this "Market News In 2 Minutes" series.
Following are the "Market News In 2 Minutes" for today :
1. REITS : Frasers Commercial Trust (ND8U) - Has been re-assigned a “Baa3” credit rating along with a stable outlook by Moody’s Investors Service following the withdrawal of its corporate family rating. The stable outlook reflects Moody’s expectation that FCOT’s properties will continue to generate stable income, driven by steady occupancy rates and organic growth from positive rental reversions. In September, FCOT has successfully refinanced all of its secured debt with unsecured debt. (source : Shares Investment)
2. IPS Securex Holdings (40A) - Inked a contract worth US$1.6 million for the sale of 50 sets of Hyperspike acoustic hailing devices and their supporting accessories to a company incorporated in Hong Kong. This equipment will be delivered to Vietnam. (source : Shares Investment)
Cheers!
2. IPS Securex Holdings (40A) - Inked a contract worth US$1.6 million for the sale of 50 sets of Hyperspike acoustic hailing devices and their supporting accessories to a company incorporated in Hong Kong. This equipment will be delivered to Vietnam. (source : Shares Investment)
Cheers!
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