Shares & Derivatives
Who will buy this stock?
By Singapore Stocks Investing (SSI)  •  September 4, 2014
STATS ChipPAC went 3.2% south today (4 Sep 14) to close at $0.605. On 29 Aug 2014, STATS ChipPAC stock price was $0.75, hence this stock has headed almost 20% down in stock price. This is not surprising to investors as the planned acquisition for STATS ChipPac did not proceed as what investors have expected. Let us also not forget about Biosensors International Group stock which also went south after the planned acquisition of the company by a China player also did not proceed as what investors have expected. Moving on, I think retail investors’ next acquisition play is on United Engineers as it is already most likely that United Engineers stock could be acquired by OCBC bank. Already, United Engineers stock has already now reached a high stock price of $2.80 and the acquisition is still not confirmed. There are also some speculation that United ......
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By Singapore Stocks Investing (SSI)
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