Singapore share prices closed firmer on Monday, helped by light bargain hunting. The ST index rose 16.61 points to 3,214.83 on a volume of 1.8 billion shares. Here are some stocks that could move the market this Tuesday morning:
Wheelock Properties and 68 Holdings, a company owned by hotelier Ong Beng Seng, is making a mandatory cash offer to buy Hotel Properties Limited (HPL) for $3.50 a share.
Keppel REIT announced a distribution per unit (DPU) of 1.97 cents for the first quarter 2014, unchanged from a year ago. The REIT reported its highest quarterly distributable income of $55.1 million, a 5.5% on-year increase in the quarter ended March 31. Its net property income also rose 14.7% on-year to $39.5 million.
Telecom firm M1 has reported a 4.4% increase in first quarter net profit to $42.8 million from a year ago. This came on the back of higher service revenue which rose 2.1 percent on-year to $203.9 million. M1 says the higher service revenue was driven by growth in mobile data usage and customer base.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....