Metro, the property engineer, and venture assemble with departmental store operations, recorded a 29% fall in FY17 income to $81 million from a year back on lower bring down the offer of benefit from partners and JVs. Entire year income fell 15.1% to $131.2 million. The stock shut at $1.17 on Monday.
Oil mixing firm USP Group is in preparatory dialogs to investigate the turn off posting of its entirely possessed backup Supratechnic on the Growth Enterprise Market (GEM), an option securities exchange set up and worked by the Hong Kong Stock Exchange (HKSE). Offers of USP shut level at 10 pennies on Monday.
Changtian Plastic and Chemical has gotten a takeover offer from its two authors and significant shareholders at $1.30 each in real money. The offer is worth $17.2 million and was made through United Tech Industries, a holding organization set up with the end goal of the offer. The counter last exchanged at 89.5 pennies before being ended for the declaration.
Tower crane producer Yongmao Holdings has posted a seven-overlap increment in income to RMB 28.1 million ($5.7 million) for the entire year finished March, from RMB 3.9 million a year prior. Entire year income grew 26.3% to RMB 574.5 million, from RMB 455.0 million a year back. Offers of Yongmao last shut down at 69 pennies on April 6, 2017.
Old Chang Kee, the retailer of curry puffs and snacks, revealed FY17 profit fell by the greater part to $1.7 million from $5 million on higher costs.
Offering and conveyance costs, regulatory costs and different costs extended 14.5% to $48.6 million. Offers of Old Chang Kee shut 1 penny higher at 84 pennies.
China Everbright Water declared Monday that it has secured an agreement for the overhauling of the Liaoning Dalian Lushun Bailanzi Waste Water Treatment Project. Add up to venture for the Bailanzi updating task is an expected RMB 42 million ($8.5 million). Offers of China Everbright Water shut level at 47 pennies on Monday.
The Straits Times Index commenced the week by floating to a 4.87 focuses misfortune at 3,214.55 in a low volume of 1.8 billion units worth $669.4 million. The expansive market was additionally delicate, recording 213 ascents versus 222 falls, barring warrants.
The conclusion of Wall Street for Memorial Day, which falls on the last Monday of May, was said to be a key purpose behind the torpidity here.
So Earn More With our Intraday Stock Signals …
Get Our Stock Recommendations for Short Term Trading and Long Term Trading . . . . .
Tags: equity picks, share investment, Share Market Tips, singapore stock investment, Singapore Stocks, stock investment, stock investment picks, Stock Market Analysis, stock market news, Stock Market Prices, Stock Market Today, Stocks And Shares, stocks to buy now