Wednesday 20 September 2017

Stocks to watch: Keppel Corp, ST Engineering, UEL

Investment stock picks

THE accompanying organizations saw new improvements that may influence exchanging of their offers on Wednesday: 

Keppel Corporation Limited: Keppel Land, an auxiliary of Keppel Corporation, has purchased a prime site in Jakarta's focal business area, on which it means to manufacture an extravagance loft tower. Keppel Land reported on Tuesday that it went into the contingent deal and-buy assention, through its completely possessed backup PT Sukses Manis Tangguh, with Indonesia's Bank Central Asia. Keppel Corp keep going exchanged at S$6.38 on Tuesday. 

Singapore Technologies Engineering Limited (ST Engineering): ST Engineering's Corporate Venture Capital unit has put resources into Janus Technologies Inc, an endpoint cybersecurity supplier situated in California. On Tuesday, the gathering said that ST Engineering Ventures has made a speculation of US$5.8 million for a minority enthusiasm for Janus Technologies. ST Engineering shut at S$3.54 on Tuesday. 

Joined Engineers Limited (UEL): The takeover offer for UEL shut on Tuesday, however the offer for UEL's conventional offers has slipped by because of lacking takers. Following the declaration, UEL posted on the Singapore Exchange late on Tuesday that few of its autonomous and non-official chiefs are venturing down. UEL keep going exchanged at S$2.72 on Tuesday.
Singapore stock picks

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