Stocks to watch: Nobel Design, Sinostar PEC
Published Wed, May 3, 2017 · 12:25 AM
NOBEL Design: A married deal has sparked a mandatory unconditional cash offer by Grand Slam RF18 Investments for the remaining shares in mainboard-listed Nobel Design Holdings that it does not already own, at S$0.51 apiece.
Sinostar PEC Holdings: It posted on Tuesday a more-than-doubled net profit of 26.4 million yuan (S$5.3 million) for its first quarter ended March 31, up from 11.5 million yuan a year ago.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
Mixed trading in Asia as investors watch for further macro data; STI down 0.2%
Vietnam delays launch of new stock trading system
Hong Kong bourse regains favour on hopes of a market revival
Asia: Markets rise as strong US tech earnings offset poor data
Singapore shares open lower on Friday; STI down 0.1%
Stocks to watch: CLI, Great Eastern, MIT, Sheng Siong, iFast, OUE, Far East Orchard