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. Nam Lee Pressed Metal Industries (G0I) – Proposed the acquisition of a single-storey building (factory with office) and other ancillary buildings located in Johor Bahru for RM20.5 million (approximately $8 million) in cash. The appraised value of the property is RM23 million as at 15 September. (source : Shares Investment)2. The Hour Glass (E5P) – Has fully acquired the share capital of Watches of Switzerland, a watch retailing company incorporated in Singapore, for $13.3 million in cash. The net asset value …