Sembcorp Industries, Chip Eng Seng:sell its commercial construction business to Chip Eng Seng
Corporation for about S$49.9 million, both mainboard-listed firms announced on Wednesday. The divestment is part of Sembcorp's strategy to unlock value and recycle capital as it repositions itself as a global energy player, the company said. Shares in Sembcorp Industries closed at S$2.13 on Tuesday, up 2.4 per cent or five Singapore cents, while Chip Eng Seng shares closed up 0.8 per cent, or 0.5 cent to 63 cents.
for an aggregate consideration of S$500,000, it announced on Tuesday night. The deal was made via Tai Sin unit Lim Kim Hai Electric Co . The consideration is funded from LKHE's internal resources. Tai Sin Electric shares closed flat at 34 Singapore cents on Tuesday.
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Stocks to watch: CDL, Sats, SIIC Environment, Second Chance Properties, International CementSINGAPORE - The following companies saw new developments that may affect trading of their shares on Monday (Sept 30):. Read more at straitstimes.com.
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Stocks to watch: Keppel Reit, CMT, ComfortDelGro, Prudential, Sunpower, BreadTalkSINGAPORE - The following companies saw new developments that may affect trading of their shares on Tuesday n(Oct 1):. Read more at straitstimes.com.
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Stocks to watch: Keppel Reit, Prudential, CMT, ComfortDelGro, Sunpower, BreadTalkTHE following companies saw new developments that may affect trading of their shares on Tuesday: Read more at The Business Times.
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Australia: Shares tick up on miners, energy stocks[BENGALURU] Australian shares edged higher on Monday as mining and energy stocks gained on higher commodities and oil prices, though uncertainty in the US-China trade war kept some investors cautious. Read more at The Business Times.
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Hong Kong: Stocks open lower on Monday[HONG KONG] Hong Kong stocks opened lower on Monday, extending losses at the end of last week, a day before mass pro-democracy protests planned in the city on communist China's 70th anniversary. Read more at The Business Times.
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US stocks end volatile Q3 on positive noteNEW YORK: Wall Street stocks rose on Monday (Sep 30) on improved Chinese data and better sentiment on US-China trade talks, concluding a volatile ...
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