Singapore share prices ended 0.6% lower on Thursday amid a selloff on Southeast Asian bourses. The blue-chip Straits Times Index (STI) fell 19.59 points to end at 3,089.40 in its sixth straight session of losses. Here are some factors and company news that could affect the market this Friday:
Global Logistic Properties, a provider of logistics facilities, said it has pre-leased 24,000 square metres to a leading global consumer goods company in the eastern Chinese city of Nanjing.
Singapore Telecommunications said it has agreed to sell its 30% stake in OpenNet Pte Ltd to CityNet Infrastructure Management Pte. Ltd. for $37.8 million.
Changi Airport: Singapore's ambitious project to double its air passenger handling capacity by the mid-2020s is set to extend its lead over neighbours like Kuala Lumpur, Bangkok and Jakarta, whose airports are struggling with congestion and construction delays.
Friday, August 23, 2013
Aug 23: GLP, SingTel
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