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. Nam Cheong (N4E) - Malaysia’s largest Offshore Support Vessel (OSV) builder announced that it has sold two Accommodation Work Barges (AWB) worth US$84 million ($105 million), with the option to purchase another two vessels, to a repeat customer, Bursa-listed Perdana Petroleum Berhad. For more details of the report, click here. (source : The Edge)
2. Singapore real estate company Frasers Centrepoint (FCL) , backed by Thai billionaire Charoen Sirivadhanabhakdi, plans to raise $365 million by listing its hospitality real estate investment trust (REIT) in Singapore at $0.......