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Singapore Hot Stock Update: SIA Engineering

Development at partner likely nonrecurring Extraordinary profit of S$0.05/offer Keep up HOLD on higher FV Center FY17 PATMI Formed 113% of Our FY17 Forecast SIA Engineering Company Ltd’s (SIAEC) FY17 center PATMI was over our desires as it fell 13.4% to S$165.0m. Review that SIAEC recorded S$141.6m in divestment pick up and S$36.4m in uncommon … Continue reading "Singapore Hot Stock Update: SIA Engineering"

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Singapore Hot Stock: SingPost slides 4.3% after TradeGlobal writedown

Offers of Singapore Post fell 4.3 for every penny, or 6 Singapore pennies, to S$1.33 on Monday as investigators downsized the mail transporter taking after disillusioning outcomes and a noteworthy disability. In detailing its outcomes for the fourth financial quarter finished March 31, SingPost on Friday evening said that it acquired a S$185 million write-down … Continue reading "Singapore Hot Stock: SingPost slides 4.3% after TradeGlobal writedown"

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Singapore Stock Market News: Noble shares Crash again

Singapore Stock of Noble Group crashed again on Friday, a day after the beleaguered commodity trader posted a surprise loss for the first quarter and downbeat remarks by outgoing chairman pointed to a long-drawn recovery process. At 9.56am, the counter dived 23.4 per cent to 67 Singapore cents on hefty volumes of 68.65 million shares. … Continue reading "Singapore Stock Market News: Noble shares Crash again"

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International Market News: OCBC Back Update

OCBC Bank has consented to get National Australia Bank’s (NAB) private riches business in Singapore and Hong Kong, it declared on Thursday (May 11). As toward the finish of February, the business involved a home loan portfolio adding up to about US$1.7 billion (S$2.39 billion) worth of chiefly private home loan advances, and a store … Continue reading "International Market News: OCBC Back Update"

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SGX Share OCBC Update

Oversea-Chinese Banking Corp (OCBC), Singapore’s (SGX Share) second-biggest moneylender, provided details regarding Tuesday (May 9) a shockingly solid 14 for each penny hop in first-quarter net benefit, on account of higher wage from riches administration and protection. Income rose to S$973 million in the three months to March 31, 2017, from S$856 million a year … Continue reading "SGX Share OCBC Update"

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