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Neptune Orient Lines Plans to Sell Singapore Headquarters Building!
By Dou  •  July 2, 2012

On 02/July, Singapore shares ended higher on data showed a regional slowdown in manufacturing,

STI ended higher at 2910.59 (1.2%) with LOW VOL of 1.19 billion shares traded compared with 1.62 billion shares Friday. In the broader market, gainers outnumbered losers 250 to 125. Today STI undergo regular buying pressure as investors buys on the reversal of the market.

Headline in STI

Before market close

CapitaMalls Asia Ltd. (JS8.SG) has set up a $1 billion private-equity fund to invest in the development of retail properties in China.

Keppel Telecommunications & Transportation Ltd. (K11.SG) has established a multi-currency medium-term notes program worth 500 million Singapore dollars ($395.1 million), the unit of Keppel Corp. Ltd. (KPELY, BN4.SG).

After market close

Neptune Orient Lines Ltd. (N03.SG) plans to sell its headquarters building in Singapore to raise funds for strategic investments.

Midas Holdings Ltd. (5EN....

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By Dou
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