Wednesday, February 25, 2015

Market News In 2 Minutes @ 25th February 2015

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. 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)


No comments:

Post a Comment

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

* indicates required