$Olam Group(VC2.SI)$ Olam Group is selling its IT services unit Mindsprint to Wipro for US$375 million, as part of its ongoing re-organisation bid. Upon completion of the sale, Olam will recognise a gain of around US$310.5 million. As part of the deal, Wipro will provide an eight-year service contract to Olam with a "committed annual spend" of US$100 million
$ST Engineering(S63.SI)$ ST Engineering’s marine business has secured a six-year subcontract valued at an estimated S$600 million from Abu Dhabi Ship Building (ADSB), a shipbuilder based in the United Arab Emirates. The contract is for the design and supply of platform systems for a fleet of eight missile gun boats that ADSB is constructing for the Kuwait Naval Force
With or without gold no difference to me. Cash in hand is still the best. Of course, with a lot spare cash, I will buy some gold to keep.... But Cash is always the King. Don't talk about inflation.... when you need cash, having gold doesn't mean someone can fight the inflation, especially when in need of cash for unforeseen circumstances that need a big sum of cash. Having gold may suffer losses at the point of dip...
$CapLand Ascendas REIT(A17U.SI)$ Capland Ascendas is launching a preferential offering to raise S$900 million for the purchase of the following: 1. 25 Loyang Crescent – a cluster of ramp-up logistics and industrial buildings – for S$504.2 million. It has also bought a 2. 50% interest in Ascent, a premium business space property for S$245 million. 3. acquisition of a 49 % interest in a Tier 3 hyperscale data centre in Osaka for S$620.7 million.
$AEM SGD(AWX.SI)$ Taiwan's ASE to invest $12 mil in AEM via via a placement of 3.35 million shares at $3.591 as part of a broader collaboration to jointly capture the fast-growing market for AI and high performance computing, or HPC. As part this deal, ASE will also receive more than 28.11 million free detachable warrants. If fully exercised, the warrants would result in an additional 8.935% of the current issued share capital.
$Lendlease Reit(JYEU.SI)$ Lendlease Reit preferential offering was 62.2 % subscribed, leaving the issue underwriters to pick up the rest in what is a rare undersubscription.💩 Underwriters DBS, OCBC, UOB to absorb around S$74.3 million worth of stock.🫣 The new units are expected to start trading the Singapore Exchange at 9 am on 26 March
not enough capital isy weakness... if I have big capital, I can quick swing with big profit. With big capital, I can progressively buy a stock even the price keep dropping.
I voted for Both Fireworks and Trading Charging Tumble. Children will be amazed when the design lights up after the cup is filled with cold drinks. As for the Magnetic Tiger Bottle Opener, it is another useful item. Can stick on the fridge make it a cute item on the fridge and we won't miss the item when needed to use.
$UMS(558.SI)$ UMS has bought the remaining 30% stake in Starke Singapore, a privately held aluminium alloy products supplier, for S$8.2 million> Announcing the acquisition, which converted Starke into its wholly owned subsidiary, UMS said that it would streamline Starke’s business operations with the group, and “better manage” its overhead costs