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. Triyards Holdings (RC5) - Has secured contracts for two ice-class multi-purpose support vessels (MPSV) and a turret fabrication job worth over US$100 million. Year-to-date, the firm has added almost US$180 million in new orders and the new MPSV contracts will extend its earnings visibility beyond FY16. (source : Shares Investment)
2. Yongnam Holdings (Y02) - Its subsidiary, Yongnam Engineering & Construction has formed a 51:49 joint venture (JV) with Jian Huang Construction Co, and the JV has inked a $159 million contract for the JTC Food Hub @ Senoko. The project, which is expected to commence this month, involves the building and development of a new seven-storey ramp-up development in the Senoko Food Zone and is slated for completion in 1H17. (source : Shares Investment)
Cheers!
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