Home THE DAILY EDGE Business Dec 20: Kim Eng, China Fishery, Pan-United, Olam
Dec 20: Kim Eng, China Fishery, Pan-United, Olam

Tags: China Animal Healthcare | China Fishery | China Fishery Group | Cosco Corp. Singapore | Cosco Corporation (S) | Cosco Corporation (Singapore) | Hln Technologies | Kim Eng | Kim Eng Holdings | Noble Group | Olam International | Orchard Parade Holdings | Pan-United Corporation

Written by The Edge   
Monday, 20 December 2010 08:51
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Dec 20: Kim Eng, China Fishery, Pan-United, Olam
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Singapore shares may trade in a tight range on Monday as investors lack strong trading incentives ahead of holidays and following a tepid performance at Wall Street. Singapore’s benchmark Straits Times Index <.FTSTI> was up 0.17% on Friday to 3,153.01 points. Here are some stocks and factors to watch, according to Thomson Reuters and Bloomberg:

Singapore stock broker Kim Eng (KEHS.SI) may be in focus after it has been approached by “potential interested parties” for a stake purchase in the firm, it told the bourse after its shares soared on Friday.

Yanlord Land Group (YNLG.SI), a China-based real estate developer, said on Friday it had acquired a residential development site with gross floor area of 149,700 square metre in Shenzhen for 945 million yuan ($187 million).

China Fishery (CNFG.SI), a Singapore-listed industrial fishing company, said on Friday it is seeking a global offering of new ordinary shares and a dual primary listing on the Hong Kong
Stock Exchange.

HLN Technologies (HLNS.SI), which manufactures and distributes components used in industries such as consumer electronics and office automation, said on Monday it has proposed acquiring up to 58.33% shareholding interest in Greatly Holdings Investment for 73.5 million yuan ($14.5 million).



Last Updated on Monday, 20 December 2010 08:53