A consortium driven by Oxley and Lian Beng has won the delicate for the aggregate buy of the property known as Rio Casa for $575 million. Situated at Hougang Avenue 7, the delicate was put together by Oxley-Lian Beng Venture. Oxley-Lian Beng Venture is 35% owned by Oxley, 35% claimed by KSH Development, 20% possessed by Lian Beng and 10% claimed by Apricot Capital. Offers of Oxley and Lian Beng shut down at 54 pennies and 60 pennies separately on Thursday.
The Hour Glass Group, the retailer of authority extravagance watches, said FY17 profit fell 7% to $49.6 million from a year back. Income for the three months finished March plunged 2% to $696.1 million “in a standout amongst the most difficult conditions as of late”. Offers of Hour Glass shut down at 69 pennies, up 8.7% year to date.
Coordinated building arrangements supplier ISDN Holdings has gone into a vital participation structure concurrence with Comtec Solar Systems Group, a sunlight based vitality player recorded on the Hong Kong Stock Exchange (HKSE). Offers of ISDN shut level at 22 pennies.
Stamford Land Corporation posted income of $8.9 million for the final quarter finished March, switching out of lost $5.0 million recorded in the relating quarter a year ago. Gather income dramatically increased to $166.0 million in 4Q17, from $60.5 million a year prior. Offers of Stamford Land shut a large portion of a penny bring down at 58 pennies on Thursday.
BBR Holdings reported that its 62%-claimed backup, Alika Properties, has practiced its choice to buy a four-story blended utilize improvement known as the Goh and Goh Building for a money thought of $101.5 million. Offers of BBR shut 2.3% higher at 22 pennies.
The trustee-chief of Accordia Golf Trust posted a dispersion for every unit (DPU) of 4.71 yen (6.04 pennies) for the entire year finished March, 14% lower than the DPU of 5.50 yen a year prior. Distributable pay tumbled to 5.2 billion yen, from 6.0 billion yen a year prior. Units of Accordia Golf Trust shut a large portion of a penny higher at 78 pennies on Thursday.
Global Stock market
Two top US value files scaled record tops on Thursday. The Dow Jones Industrial Average quit for the day focuses, or 0.34%, at 21,082.95. The S&P 500 shut everything down focuses, or 0.44%, at 2,415.07. The Nasdaq Composite wound up 42.23 focuses, or 0.69%, at 6,205.26.
Singapore Stock market
The Straits Times Index shut 0.1% or 3.13 focuses higher at 3,234.37. Gainers dwarfed failures 276 to 183, or three up for each one down. A sum of two billion offers worth $1.2 billion changed hands.
Hot Stock of Singapore Share market
- Noble Group
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