Here are few Penny Stock to watch this Monday morning:
Global Logistic Properties (GLP) says it has finally Friday’s due date got firm recommendations from shortlisted bidders for definite assessment. Reuters announced last Friday the race for GLP has limited to between a gathering driven by Chinese private value firms Hopu Investment Management and Hillhouse Capital Group, and an adversary consortium headed by Warburg Pincus and its coordinations accomplice e-Shang Redwood. Offers of GLP last exchanged at $2.86.
First Sponsor Group is procuring an arrangement of legacy marked inns in the Netherlands for €205 million ($323.3 million). QBN claims an arrangement of 17 inns with 1,695 rooms and 13,661 sqm of gathering space and can be found in key portal urban areas, for example, Amsterdam, Rotterdam and The Hague. Offers of First Sponsor shut 1 penny bring down at $1.32.
Keppel Corp: Keppel Offshore and Marine’s auxiliary, Keppel Shipyard will soon convey the world’s initially changed over Floating Liquefaction Vessel (FLNGV) which has been named Hilli Episeyo at a function on Sunday. Offers in Keppel shut 7 pennies bring down at $6.29.
Q&M Dental Group has consented to get 20% stake in Shenzhen Superline Technology Co for 62 million yuan (about $12.7 million). Shenzhen Superline is in the matter of assembling nikel-titanium endodontic root channel records and orthodontic curve wires. Offers of Q&M Dental last exchanged at 68 pennies.
BreadTalk Group, through its entirely claimed backup, Together Inc, and Song Fa Holdings are entering a joint wander (JV) consent to fuse BTG-Song Fa Venture and work the Song Fa Bak Kut Teh chain or eateries in China and Thailand. Offers of BreadTalk last exchanged at $1.50.
Wilmar International reported that backup, KOG Investments (KOGI), has gone into a JV concurrence with Lion Corporation of Japan, for the fabricate and offer of methyl ester sulfonate (MES). On Friday, offers of Wilmar shut 13 pennies bring down at $3.35.
Real US stock files finished an unpredictable week on an unassumingly high note on Friday. The Dow Jones Industrial Average rose 62.6 focuses, or 0.29%, to 21,349.63, the S&P 500 increased 3.71 focuses, or 0.15%, to 2,423.41, and the Nasdaq Composite dropped 3.93 focuses, or 0.06%, to 6,140.42.
The Straits Times Index shut 0.99% or 32.17 focuses bring down at 3,226.48. Add up to the volume of offers exchanged was 1.5 billion units esteemed at $1.3 billion. Washouts dwarfed gainers 301 to 133.
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