Singapore share prices ended flat on Monday, as a holiday mood prevailed in much of the region. The blue-chip Straits Times Index (STI) fell 0.52 point to 3,307.58. Here are some stocks to watch this Tuesday morning:
Property developer CapitaLand said it will restructure its 40% owned Surbana Corp's residential development segment and consultancy segment into two businesses. Singapore state investor Temasek Holdings will maintain its 60% stake in the two businesses.
Singapore media and property firm SPH has agreed to buy online car portal sgCarMart for $60 million.
China Aviation Oil, Asia's largest jet fuel trader, said it started commercial operations on Monday of a joint-venture oil storage terminal in South Korea with a capacity of 1.3 million cubic metres.
Offshore marine firm Otto Marine has sold a vessel to RY Offshore for US$50 million ($62 million), which will be chartered to its subsidiary Go Marine Group.
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, April 2, 2013
April 2: CapitaLand, SPH, China Aviation Oil
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