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Mapletree Logistics Trust Buy South Korea Warehouses For S$71.3 Mln!
By Dou  •  March 23, 2012

On 23/Mar, Singapore shares ended higher on bargain hunting.

STI ended higher at 2990.08 (0.4%) with regular VOL of 1.64 billion shares traded compared with 1.67 billion shares Thursday. In the broader market, gainers outnumbered losers 193 to 160. Today STI rally under weak buying pressure as investors are merely focusing on specific stocks.

Headline in STI

Before market close

Hyflux Ltd. (600.SG) is partnering with Japan’s Hitachi Ltd. (6501.TO) and Itochu Corp. (8001.TO) to develop a seawater desalination plant in India in a project estimated to cost about US$600 million.

Noble Group Ltd. (N21.SG) has secured US$1.5 billion through unsecured revolving loan facilities, and will used the borrowings to fund general corporate purposes and refinance existing debt.

After market close

Ascendas Group plan to raise around US$500 million from the listing of a hospitality-focused real estate investment trust on the ...

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By Dou
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