As stock investors (even though a small one), it is important to keep abreast with the latest financial and market news. Since I am in it, I thought it might be worthwhile to share it out with my readers too.
Following are the "Market News In 2 Minutes" for today :
1. Pacific Andes Resources Development (P11) - Said its indirect subsidiary, Quality Food (Singapore), has on Thursday agreed to sell 26.5 million shares in Tassal Group Limited for A$96.73 million. (source : The Edge)
2. Singapore Airlines (C6U) - Asia’s biggest carrier by market value, will spend $400 million buying stock in budget carrier Scoot. The airline bought 400 million shares in Scoot at $1 apiece. The investment will be funded through the company’s internal sources, it said. For more details, click here. (source : The Edge)...
