Monday, December 1, 2014

Market News In 2 Minutes @ 1st December 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. REITS : OUE Hospitality Trust (SK7) - Will spend almost $500 millions to acquire Crowne Plaza Changi Airport and an extension of the hotel in a move to drive growth. The extension will be completed by end-2015, will give the hotel an additional 243 rooms. (source : The edge Singapore).

2. Keppel Corporation (BN4) - Its wholly-owned subsidiary, Keppel Infrastructure Holdings has agreed to sell its entire stake in Keppel FMO (KFMO) to Gofely GDF SUEZ for a cash consideration of $44.72 millions. (source : The edge Singapore).

3. Chiwayland International (ACW) - Said it has won land use rights for a piece of land in Suzhou industrial park in Jiangsu province, China with a bid of Rmb186.47 millions ($39.46 millions). (source : The edge Singapore).


No comments:

Post a Comment

Like What You See? Subscribe To Us Here...

* indicates required