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Posts Tagged ‘F&N’

Daily Market Summary 9 Oct 2012

Daily Market Summary 9 Oct 2012

US stocks, commodities and the euro fell as European finance ministers prepared to meet to discuss the region’s debt crisis, while the yen gained and Chinese shares slid as the World Bank forecast slowing growth in East Asia. Dow:-0.19%, S&P:-0.35%, Nasdaq:-0.76%. Nikkei:-0.43% as of 8.36am. Blmbrg

JES expands into offshore space, secures first newbuild contract for a Platform Support Vessel. SGX

A REVALUATION of some real estate assets owned by Fraser and Neave (F&N) has revealed a surplus of about $498 million, its board announced yesterday.

Retailer Courts Asia launches Singapore IPO to raise $137m

Courts Asia is launching IPO of 178 million shares at an offer price of S$0.77 per share. Offer close on 11 Oct, and start trading on 15 Oct. CNA

Note:   The above information are meant to be factual and strive to be accurate. Should any mistake be spotted, please inform us.

Daily Market Summary 28 Sep 2012

September 28th, 2012 No comments

Daily Market Summary 28 Sep 2012

US stocks advanced as Spain pledged to cut its deficit and speculation grew that China’s government will do more to support economic growth. Dow:+0.54%, S&P:+0.96%, Nasdaq:+1.39%. Nikkei:+0.12% as of 8.34am. Blmbrg

SkyOne, APB and F&N requested trading halt.

Sky One enters coal mining business with proposed acquisition of Energy Prima Pte Ltd. SGX

Ascott Reit to acquire a prime property in Hamburg for 37.5m euro. SGX

AVJennings reported net loss of $29.8m for FY12 as compared to a profit of $12.9m a year ago . SGX

T T J Holdings FY12 net profit increased 15% to $16.6m. A final dividend of 0.80 cents was declared. SGX

CDL’s Millennium & Copthorne Hotels has inked a contract to manage its first resort hotel in Hangzhou. SGX

Have a great weekend!

Note:   The above information are meant to be factual and strive to be accurate. Should any mistake be spotted, please inform us.

Daily Market Summary – 17 Sep 2012

September 17th, 2012 No comments

Daily Market Summary – 17 Sep 2012

US stocks rose on Fri, commodities surged and the dollar slid as the Fed’s plan to buy mortgage securities fueled demand for riskier assets. Dow:+0.4%, S&P:+0.4%, Nasdaq:+0.89%. Nikkei:+1.83% as of 8.42am. Blmbrg

Cambridge acquired two properties – 30 Marsiling Industrial Estate and 11 Woodlands Walk, for $56.3m. SGX

SembMarine acquired SLP Engineering for $2.5m pound to gain footprint in the UK to reach out to its North Sea clientele. SGX

F&N disposes HK-listed Frasers property for $261m, in line with its strategic intent to streamline its property interests in China under a wholly private business arm. SGX

KepLand acquires a Vietnamese firm, Alverno Investments Limited for US$13.3m. SGX

Tritech intends to spin-off its subsidiaries in the business of quarrying, extraction and production of dimension stones and other marble-related products, namely, Terratech Resources Pte Ltd and CEP Resources Entity Sdn Bhd. SGX

Neo Group 1H earning down 55.3% to $703k due to listing cost. SGX

Note:   The above information are meant to be factual and strive to be accurate. Should any mistake be spotted, please inform us.


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