SG Morning Highlights: Sembmarine unit secures wind turbine installation vessel project
Good morning moomooers! Here are things you need to know about today's Singapore:
●Singapore shares opened higher on Wednesday; STI up 0.38%
●Sembmarine unit secures wind turbine installation vessel project
●Stocks to watch: CapitaLand Investment, SPH, SPH Reit, Sembmarine, Lendlease Reit
-Moomoo News SG
Market Trend
Singapore shares opened higher on Wednesday. The $FTSE Singapore Straits Time Index(.STI.SG)$ increased 0.38 per cent to 3,362.83 as at 9.02 am.
Market Trend
Singapore shares opened higher on Wednesday. The $FTSE Singapore Straits Time Index(.STI.SG)$ increased 0.38 per cent to 3,362.83 as at 9.02 am.
Advancers / Decliners is 84 to 42, with 90.02 million securities worth S$87.50 million changing hands.
Breaking News
Sembmarine unit secures wind turbine installation vessel project
The oil and gas firm's wholly-owned subsidiary Sembcorp Marine Rigs & Floaters has secured a contract to construct a wind turbine installation vessel, it said on Wednesday.
The company said the contract validates "its strategy to transform itself into an innovative engineering solutions provider in the offshore, marine and energy industries with a strategic focus on sustainability".
The value of the contract is not disclosed. Shares of $Sembcorp Marine(S51.SG$ closed at S$0.093 on Tuesday, up S$0.001 or 1.1 per cent.
Stocks to Watch
$CapitaLandInvest(9CI.SG$ : The real estate investment firm's lodging business unit The Ascott has acquired 2 properties in Ningbo, China and Amsterdam, Netherlands, for a total of S$190 million through its private equity fund with Qatar Investment Authority. The transaction will bring Ascott's total funds under management to S$9 billion, said CLI in a bourse filing on Wednesday. Shares of CLI ended S$0.04 or 1 per cent higher at S$3.89 on Tuesday.
$SPH(T39.SG$ and $PARAGONREIT(SK6U.SG$ : SPH shareholders have voted in favour of the takeover offer from consortium Cuscaden Peak, over the rival bid from Keppel Corp. Majority also voted yes to the proposed distribution in specie of SPH Reit (real estate investment trust) units under the Cuscaden scheme at the extraordinary general meeting on Tuesday.
Both counters were suspended from trading on Tuesday pending the outcome of the vote and will resume trading on Wednesday. SPH shares closed S$0.01 or 0.4 per cent higher at S$2.34 on Monday, while units of SPH Reit ended flat at S$0.96.
$Sembcorp Marine(S51.SG$ : The oil and gas firm's wholly-owned subsidiary Sembcorp Marine Rigs & Floaters has secured a contract to construct a wind turbine installation vessel, it said on Wednesday. The value of the contract is not disclosed. Shares of Sembmarine closed at S$0.093 on Tuesday, up S$0.001 or 1.1 per cent.
$Lendlease Reit(JYEU.SG$ : The Reit's private placement to raise at least S$325 million was 3.3 times subscribed. It was priced at S$0.725 for each new unit, the lower end of its S$0.725 and S$0.74 issue price range. The upsize option was also exercised. Lendlease Reit's manager called for a trading halt on Tuesday morning. The counter last closed flat at S$0.795 on Monday.
Sembmarine unit secures wind turbine installation vessel project
The oil and gas firm's wholly-owned subsidiary Sembcorp Marine Rigs & Floaters has secured a contract to construct a wind turbine installation vessel, it said on Wednesday.
The company said the contract validates "its strategy to transform itself into an innovative engineering solutions provider in the offshore, marine and energy industries with a strategic focus on sustainability".
The value of the contract is not disclosed. Shares of $Sembcorp Marine(S51.SG$ closed at S$0.093 on Tuesday, up S$0.001 or 1.1 per cent.
Stocks to Watch
$CapitaLandInvest(9CI.SG$ : The real estate investment firm's lodging business unit The Ascott has acquired 2 properties in Ningbo, China and Amsterdam, Netherlands, for a total of S$190 million through its private equity fund with Qatar Investment Authority. The transaction will bring Ascott's total funds under management to S$9 billion, said CLI in a bourse filing on Wednesday. Shares of CLI ended S$0.04 or 1 per cent higher at S$3.89 on Tuesday.
$SPH(T39.SG$ and $PARAGONREIT(SK6U.SG$ : SPH shareholders have voted in favour of the takeover offer from consortium Cuscaden Peak, over the rival bid from Keppel Corp. Majority also voted yes to the proposed distribution in specie of SPH Reit (real estate investment trust) units under the Cuscaden scheme at the extraordinary general meeting on Tuesday.
Both counters were suspended from trading on Tuesday pending the outcome of the vote and will resume trading on Wednesday. SPH shares closed S$0.01 or 0.4 per cent higher at S$2.34 on Monday, while units of SPH Reit ended flat at S$0.96.
$Sembcorp Marine(S51.SG$ : The oil and gas firm's wholly-owned subsidiary Sembcorp Marine Rigs & Floaters has secured a contract to construct a wind turbine installation vessel, it said on Wednesday. The value of the contract is not disclosed. Shares of Sembmarine closed at S$0.093 on Tuesday, up S$0.001 or 1.1 per cent.
$Lendlease Reit(JYEU.SG$ : The Reit's private placement to raise at least S$325 million was 3.3 times subscribed. It was priced at S$0.725 for each new unit, the lower end of its S$0.725 and S$0.74 issue price range. The upsize option was also exercised. Lendlease Reit's manager called for a trading halt on Tuesday morning. The counter last closed flat at S$0.795 on Monday.
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Blue Cat : thank you