Singapore shares may open lower today on renewed concerns about the euro zone. The benchmark Straits Times Index fell 1.55% on Monday to 2,618.09 points. Here are some stocks and factors to watch, says Reuters:
Global Logistic Properties may be in focus after the company said it was teaming up with China Investment Corp to buy 15 logistics facilities in Japan for US$1.6 billion ($2.1 billion), in what will be the Chinese sovereign wealth fund's maiden foray into Japanese real estate.
Sembcorp Marine, the world's second-largest oil rig builder, said its subsidiary Sembawang Shipyard had won a US$140 million ($183 million) vessel conversion contract from Equinox Offshore Accommodation. Separately, Sembcorp announced on Tuesday the ground-breaking of Estaleiro Jurong Aracruz, its new shipyard in the state of Espirito Santo, Brazil.
Commodities firm Noble Group said on Tuesday its Australian-listed subsidiary Gloucester Coal had requested a trading halt ahead of an announcement related to "a possible change of control transaction”. Gloucester asked for the trading halt to remain until Dec 22.
This blog publishes market news relating to the companies listed in Singapore Exchange, as well as business news in general. You can search and find all the past market and business news by searching within this Blog.
Tuesday, December 20, 2011
Dec 20: GLP, SembMarine, Noble
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