Stocks In Focus SG (CNA Group, Noel Gifts Intl, ST Engineering ) – 19/03/15
Related stocks: SGX:5GC, SGX:543, SGX:S63
CNA Group proposed the acquisition of a 10 percent equity stake in Jilin Gold Group Co where the amount for the acquisition will be disclosed when a value is determined. The operations of the target company include a gold mine, jewellery retailing and franchising, hotels and events management as well as a media advertising agency across China.
Noel Gifts International has been awarded a contract that is worth up to $7.9 million by the Monetary Authority of Singapore for the packaging, marketing and sale of numismatic currency sets. The contract is expected to contribute materially to the company’s financial performance for the financial year ending 30 June 2016.
Singapore Technologies (ST) Engineering inked a 90:10 joint venture (JV) agreement with Tenryu Holdings Co, for the production of seating solutions in aircraft. Under the agreement, the JV company, ST Aerospace Aircraft Seats will be set up, while the planned investment outlay amounts to $29.8 million.
http://www.sharesinv.com
Related stocks: SGX:5GC, SGX:543, SGX:S63
CNA Group proposed the acquisition of a 10 percent equity stake in Jilin Gold Group Co where the amount for the acquisition will be disclosed when a value is determined. The operations of the target company include a gold mine, jewellery retailing and franchising, hotels and events management as well as a media advertising agency across China.
Noel Gifts International has been awarded a contract that is worth up to $7.9 million by the Monetary Authority of Singapore for the packaging, marketing and sale of numismatic currency sets. The contract is expected to contribute materially to the company’s financial performance for the financial year ending 30 June 2016.
Singapore Technologies (ST) Engineering inked a 90:10 joint venture (JV) agreement with Tenryu Holdings Co, for the production of seating solutions in aircraft. Under the agreement, the JV company, ST Aerospace Aircraft Seats will be set up, while the planned investment outlay amounts to $29.8 million.
http://www.sharesinv.com
