Singapore share prices ended higher on Wednesday. The blue-chip Straits Times Index (STI) rose 0.3% or 10.47 points to end at 3,454.37. Here are some stocks to watch this Thursday morning:
Singapore's economic growth is expected to improve gradually over the year, the government said on Thursday after data showed gross domestic product (GDP) grew 1.8% in the first quarter, boosted by a surge in financial services.
Oil and gas provider Ezion Holdings has issued $110 million 4.7% notes due 2019, under its$500 million multicurrency debt issuance programme. The Series 003 notes will bear interest at 4.7% per annum and mature on May 22, 2019.
Cedar Strategic is acquiring a property firm in Guizhou, China for $936.2 million in its bid to establish itself as a regional real estate player.
Oil and gas infrastructure services provider Rotary Engineering announced it has entered an agreement to buy 1.5 million shares in its associated company Jasinusa Automobile Pte Ltd for US$720,000 ($912,960). After the acquisition, the company will hold a 37.5% stake in Jasinusa, up from 25% now.
AusGroup, which provides construction services to oil and gas industries, announced it has placed its wholly owned subsidiary in Singapore, AGL (Asia) Pte Ltd, under member's voluntary liquidation.
Healthway Medical, a healthcare medical group, requested on Thursday a trading halt in its shares for one day pending the release of an announcement.
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