- Sapphire Corporation (NF1) - Proposed the acquisition and further subscription of shares in Ranken Infrastructure for an aggregate consideration of Rmb360.4 million (approximately $75.9 million). The acquisition is in line with the company’s plan of diversifying and exiting the steel business. The company intends to finance the acquisition by cash and in the form of a private placement to the vendor. (source : Shares Investment)2. Singapore Kitchen Equipment (5WG)- Proposed the disposal of a property located at No. 1 Commonwealth Lane for ...
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 :