29May
SGX2

Financial Sgx Singapore Stock Market Trading Picks And News – 29th May 2014

MARKET UPDATES :

  • OUB Centre Limited on Wednesday announced that One Raffles Place shopping mall will be re-opening following a major refurbishment. Comprising a net lettable area of about 98,500 sq ft spread over six levels, the mall located just above Raffles Place MRT station has a committed occupancy of over 90 per cent.
  • TIONG Seng Holdings said on Wednesday that the joint venture between its subsidiary, Tiong Seng Contractors (Pte) Ltd, and Dongah Geological Engineering Co.Ltd (Singapore Branch), has been awarded a S$316 million contract.
  • YOMA Strategic Holdings on Wednesday said its 80 per cent-owned subsidiary YSH Finance had on Tuesday increased its stake in Myanmar’s Digicel Asian Holdings from 8 per cent to 25 per cent, thereby making the latter an associated company of Yoma. YSH Finance had subscribed for an additional 420,000 new shares – representing 17 per cent interest – in Digicel Asian Holdings for US$427,333

 

STOCK RECOMMENDATION :

  • BUY NOBLE GROUP ABOVE 1.400 TG 1.440, 1.480, 1.540 SL 1.340

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