Home THE DAILY EDGE Business Jun 19: Sembcorp, CapitaLand, Keppel Land
Jun 19: Sembcorp, CapitaLand, Keppel Land PDF
Written by The Edge   
Wednesday, 19 June 2013 08:57
smaller text tool iconmedium text tool iconlarger text tool icon

Shares in Singapore closed higher on Tuesday for the third consecutive session. The Straits Times Index gained 46.11 points, or 1.45%, to end at 3,229.55. Here are some stocks to watch this Friday morning:

Sembcorp Industries says HSBC Holdings has been appointed to manage a public share offer of a joint venture firm that owns and operates a $1 billion water and power project in Oman, two banking sources said on Tuesday.

Singapore property developer CapitaLand said it has acquired a 70% stake in Guang Chuan Property Co. for 1.95 billion yuan ($397.5 million). The Chinese company owns two plots of land in Hanzhonglu, Zhabei District, Shanghai.

Keppel Land said it has acquired a residential site in Shanghai's Sheshan area for 1.3 billion yuan ($268 million) to develop around 200 landed homes.

Quote this article on your site

To create link towards this article on your website,
copy and paste the text below in your page.




Preview :