Shares & Derivatives
Keppel Land Won Residential Site Tender worth S$286.8 million!
By Dou  •  March 18, 2011

On 18/Mar, Singapore shares end lower Friday as investors continue to sell their stocks on uncertainty ahead such as nuclear crisis in Japan and heightened tensions in Libya.

STI ended lower at 2935.78 (0.2%) with LOW VOL of 1.14 billion shares traded compared with 1.21 billion shares Thursday. In the broader market, gainers outnumbered losers 238 to 208.  Although STI slightly decline today but the overall market breath is still positive as investors began to buy on dip.

Headline in STI

Before market close

Keppel Land Ltd. (K17.SG) plan a joint venture with NTUC Income to acquire Capital Square for S$927 million.

After market close

Yanlord Land Group Ltd. (Z25.SG) plan to launch a dollar bond next week if market conditions improve.

Keppel Land Ltd. (K17.SG) secured a residential site tender worth S$286.8 million by the Housing and Development Board.

China’s central ...

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By Dou
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