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Local stocks: Is the glass half full or half empty?

A pessimist on the other hand, might first point out that according to the Singapore Exchange (SGX) website, there were 33 new entrants last year.

AN optimist would probably view Keppel Corp's surprise buyout offer for Keppel Land (KepLand) as indicating a healthy market for corporate activity and, given the generous 25 per cent premium over the one-month volume-weighted average, a huge boon for KepLand's shareholders. Moreover, the deal...

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