MARKET UPDATES :
- MAPLETREE Investments’ first shopping mall in Vietnam has attained pre-leasing commitment for more than half its net lettable area (NLA), way ahead of its scheduled opening in the first half of next year OCBC Investment Research has initiated a buy call on Hotel Properties Ltd (HPL) and Wheelock Properties Ltd given their key assets in the West Orchard area. The research house has pegged the fair value for HPL at S$5.32 a share, a 35 per cent discount to its revalued net asset value (RNAV
- THE Singapore Exchange (SGX) announced on Thursday that the volume of securities traded on the bourse has declined in June, while trading in derivatives and commodities continued to increase, with record volumes for SGX rubber futures and iron ore offerings
- KEPPEL Corp’s US$735 million contract with Golar Hilli Corporation, a subsidiary of Golar LNG, to perform the world’s first-of-its-type conversion of an existing Moss LNG carrier into a floating liquefaction vessel, has become effective.
STOCK RECOMMENDATION :
- BUY HONGKONG LAND ABOVE 6.660 TG 6.740, 6.820, 6.920 SL 6.560