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Osim 4Q net profit rose to $17.06M!
By Dou  •  February 7, 2012

On 07/Feb, Singapore shares ended higher though there are continued uncertainty over Greece’s debt situation.

STI ended higher at 2957.78 (0.6%) with HIGH VOL of 2.59 billion shares traded compared with 3.32 billion shares Monday. In the broader market, gainers outnumbered losers 252 to 191. The rally has continue to weaken today as less investors are willing to buy any higher.

Headline in STI

Before market close

Ascendas REIT (A17U.SG) plan to acquire four properties in Singapore’s Science Park district for S$183 million ($147 million.)

After market close

Tiger Airways Holdings Ltd. (J7X.SG) has started its search for a new chief executive to replace Chin Yau Seng, who has requested to be allowed to return to Singapore Airlines Ltd. (C6L.SG).

Osim International Ltd 4Q net profit rose to $17.06 million compared with $16.93 million a year ago.

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By Dou
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