MNACT's Festival Walk mall in Hong Kong had closed for months after suffering extensive damage from civil unrest last year.THE following companies saw new developments that may affect trading of their securities on Thursday:totalling HK$263 million in insurance claims
for property damage and revenue loss due to business interruption to its Festival Walk mall in Hong Kong. The mall had suffered extensive damage from civil unrest in the city last year, causing the MNACT's largest asset to be closed for months. MNACT units fell S$0.01 or 1.1 per cent to close at S$0.92, before the announcement.The media and property group's shares sank on Wednesday as the board slashed dividends after SPH fell into the red for the first time.
minutes after the opening bell, although it regained some momentum later and ended the day at S$1, shedding S$0.05 or 4.8 per cent from Tuesday's close.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Hong Kong: Shares end higher as Xi's speech lifts tech stocks[BEIJING] Hong Kong shares recovered lost ground to close higher on Wednesday, as tech stocks climbed after Chinese President Xi Jinping's Shenzhen speech emphasised on property rights and protection for entrepreneurs, lifting risk appetite. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Investor Ubben warns more stocks vulnerable to social, environmental sellingJeffrey Ubben, the former activist turned ethical investor, said on Tuesday that environmental, social and governance concerns will increasingly ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
US: Stocks end lower on mixed earnings[NEW YORK] Wall Street stocks fell on Tuesday following mixed earnings as clinical trials were paused for leading coronavirus pharmaceuticals, dragging on travel stocks. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
'Blue wave' US election expectations trigger green stocks frenzyGrowing expectations of a strong Democratic victory in U.S. elections have prompted investors to snap up renewable energy stocks, amplifying a ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Shanghai: Stocks end marginally higher[SHANGHAI] Shanghai stocks ended marginally higher Tuesday following a strong rally the day before, with data showing a surge in Chinese imports helping pare morning losses. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Australia: Financials, tech stocks drive market higher[SYDNEY] Australian shares settled higher on Tuesday for the seventh straight session, as financials jumped on some economic optimism and dividend hopes, and technology stocks tracked Wall Street higher. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »