SGX Market Updates

2021-08-24 15:34:38 Tan Chong swings to profit in H1 2021, but expects car business to stay challenging
https://www.businesstimes.com.sg/companies-markets/tan-chong-swings-to-profit-in-h1-2021-but-expects-car-business-to-stay-challenging

AUTO dealer Tan Chong International reported earnings of HK$78.6 million (S$13.7 million) for the first half of 2021, swinging back into profit following a HK$46.1 million net loss in the same period last year. Open / Comment

2021-08-24 15:23:03 Sensex Rallies 403 Points; Nifty Tops 16,600
https://www.rttnews.com/story.aspx?Id=3220661

Indian shares rose for the second day running Wednesday, tracking firm global markets as positive U.S. vaccination news and easing worries about an imminent tapering of stimulus by the Federal Reserve raised hopes the global economy will recover faster than expected. Open / Comment

2021-08-24 14:30:35 Making A Moving Plan And Adhering To It Diligently!
https://thevideoink.com/moving-plan-adhering-to-it-diligently/

Planning to move to a new house? Get a pen and paper to start making a moving checklist as it needs a lot of preparation. The list of tasks that you have to accomplish can be overwhelming but a little planning can save your day. The best movers associated with iMoving.com explain that no matter […]
The post Making A Moving Plan And Adhering To It Diligently! (https://thevideoink.com/moving-plan-adhering-to-it-diligently/) appeared first on The Video Ink (https://thevideoink.com/). Open / Comment

2021-08-24 13:53:30 Cargill to acquire Wilmar's 50% owned unit Aalst Chocolate for undisclosed sum
https://www.businesstimes.com.sg/companies-markets/cargill-to-acquire-wilmars-50-owned-unit-aalst-chocolate-for-undisclosed-sum

AGRICULTURE giant Cargill has entered into an agreement to acquire Singapore-based chocolate manufacturer Aalst Chocolate for an undisclosed amount. Open / Comment

2021-08-24 12:54:05 HC Surgical Specialists to wholly acquire subsidiary with purchase of 49% stake for $9 million
http://www.straitstimes.com/business/companies-markets/hc-surgical-specialists-to-wholly-acquire-subsidiary-with-purchase-of-49

August 24, 2021 5:26 PM

SINGAPORE - Gastrointestinal medical services specialist clinic group HC Surgical Specialists (HCSS) is buying up the remaining 49 per cent stake it does not own in subsidiary Jason Lim Endoscopy and Surgery (JLES) for $9 million. Open / Comment

2021-08-24 12:02:54 Samsung to hire 40,000 in $279 billion three-year spree
http://www.straitstimes.com/business/companies-markets/samsung-to-hire-40000-in-279-billion-three-year-spree

August 24, 2021 4:32 PM

SEOUL (BLOOMBERG) - Samsung Group has unveiled a 240 trillion won (S$279 billion) expansion that will entail hiring 40,000 people over three years, a sprawling investment blueprint intended to build the South Korean conglomerate's lead in next-generation technologies. Open / Comment

2021-08-24 11:56:17 Asian Shares Rally On Growth Optimism
https://www.rttnews.com/story.aspx?Id=3220626

Asian stocks rose sharply on Tuesday as positive U.S. vaccination news and easing worries about an imminent tapering of stimulus by the Federal Reserve raised hopes the global economy will recover faster than expects. Open / Comment

2021-08-24 11:50:14 ShentonWire Just tweeted ********************************************** UOL Group pricing benchmark bond: Client note https://t.co/NOkahd15Tr Open / Comment

2021-08-24 11:43:48 ESR-Reit preferential offering 3.6 times subscribed, raises S$49.6m
https://www.businesstimes.com.sg/real-estate/esr-reit-preferential-offering-36-times-subscribed-raises-s496m

ESR-REIT has raised S$49.6 million in gross proceeds from its preferential offering, which was 3.6 times subscribed, the manager said on Tuesday. Open / Comment

2021-08-24 11:42:48 Brokers' take: Maybank KE says too early to switch out of chip-shortage beneficiaries
https://www.businesstimes.com.sg/stocks/brokers-take-maybank-ke-says-too-early-to-switch-out-of-chip-shortage-beneficiaries

MAYBANK Kim Eng (MKE) said on Tuesday that it continues to prefer chip-shortage beneficiaries over contract manufacturers with diverse end markets, as chip shortages still appear to be a key earnings risk for the manufacturers. Open / Comment