Market News in 2 minutes

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.

Hence, I started this “Market News In 2 Minutes” series.

Following are the “Market News In 2 Minutes” for today :
1. Keppel Shipyard, the wholly-owned subsidiary of Keppel Offshore & Marine, said that the contract which entered into with Golar Hilli Corporation, a subsidiary of Golar LNG Ltd, to perform the world’s first conversion of an existing Moss LNG carrier, the Hilli, into a Floating Liquefaction Vessel (FLNGV), has become effective. The contract is worth US$735 million ($918 million). For the full report, click here. (source : The Edge)

2. Metro Holdings (M01) – Is acquiring a 25% stake in two land sites in Manchester, United Kingdom for …