Friday, June 28, 2013

Jun 28: SingTel, Yoma, SATS

Singapore shares closed higher on Thursday. The benchmark ST Index gained 13.63 points, or 0.44%, to 3,118.03. Here are some stocks to watch this Friday morning:

Singapore Telecommunications and Yoma Strategic Holdings lost in the bid for Myanmar's telecommunications services licences. Norway's Telenor and Qatar's Ooredoo  won the two licences.

SATS Investment, a wholly owned subsidiary of airport terminal service provider SATS, plans to sell its 40% stake in Adel Abuljadayel Flight Catering Company for US$18.4 million ($23.3 million).

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