
Hence, I started this "Market News In 2 Minutes" series.
Following are the "Market News In 2 Minutes" for today :
1. Pan Asian Holdings (5EW) - Has agreed to sell a property located at No. 2 Tractor Road for $8.3 million. The group views this as a timely opportunity to dispose of the property since it is underutilised. Post disposal, the group intends to purchase another property that will be suitable for its operations and in the meantime, it will be in search of a rental property to temporarily house its operations. The proceeds from the disposal would be used for working capital purposes. (source : Shares Investment)
Cheers!
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