Singapore shares may open higher on Tuesday, after firm manufacturing data from the United States overnight lifted Wall Street.
Singapore’s benchmark Straits Times Index rose 0.19% on Monday to 3,016.07 points. Here are some stocks and factors to watch:
Sembcorp Marine, the world’s second largest rig builder, may be in focus after it said it secured a US$568 million ($712 million) contract to build an ultra-deepwater semisubmersible rig for a subsidiary of offshore drilling company Seadrill.
DBS said it will lift the trading halt on its shares at 8:30 a.m., after announcing its plan to buy Indonesia’’s Bank Danamon for US$7.24 billion ($9.1 billion).
Keppel Corp, the world’s largest rig builder, has secured a repeat order to build a jackup rig for Mexican drilling service company Perforadora Central SA de CV worth US$205 million ($257 million), the Singapore firm said on Monday.
Property developer CapitaLand said on Monday Margaret Goh Li Li will join the company as chief executive officer of special projects with effect from April 16.
Ryobi Kiso said its subsidiary and joint venture partner has been awarded a new contract in Vietnam worth about $27.3 million, to do foundation works for a development in Ho Chi Minh City.
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