Thai Beverage Public Company Limited Leads the Market Lower this Week

16 Oct 2016 - The Motley Fool Singapore
Singapore’s stock market bellwether, the Straits Times Index (SGX: ^STI), did not perform well during the week as it had slumped by 2.1%, or around 60 points, to end Friday at 2,815. Of the index’s 30 constituents, only two stocks managed to eke out a weekly gain. Just one was flat while the rest were ...
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Metro Holdings Limited Replies To Activist Investor: What Should Investors Know?

13 Oct 2016 - The Motley Fool Singapore
Activist investor Quartz Capital Management had recently called on Metro Holdings Limited (SGX: M01) to return excess cash to shareholders. As a quick recap, Quartz Capital believes that Metro’s shares are undervalued and had written a letter to the company’s management, listing down the potential reasons ...
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Stocks to watch: Mermaid Maritime, Metro, Jason Marine

12 Oct 2016 - Business Times Breaking News
THESE companies made announcements that may influence trading of their shares on Wednesday. Mermaid Maritime: The mainboard-listed offshore services firm has cut rates for two subsea and offshore services contracts in the Middle East, to retain one deal and extend another. Mermaid said on Tuesday the ...
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Metro expects net cash to decline as it seeks out property developments

11 Oct 2016 - Business Times Breaking News
PROPERTY firm Metro Holdings on Tuesday said its net cash is expected to decline as it seeks out property developments, following a call from an activist shareholder for a special cash dividend. It was responding to an open letter from Quarz Capital Management dated Oct 4, 2016.
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Activist Investor Urge Metro Holding To Return Excess Cash – What Should Investors Know?

6 Oct 2016 - The Motley Fool Singapore
Recently, an article in the Straits Times reported that an activist investor, Quartz Capital Management, has called on Metro Holdings Limited (SGX: M01) to return its excess cash to shareholders. According to a letter written by Quartz, the company said the following: Metro has the 2nd largest net cash ...
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The Week Ahead: Hang Out The Buntings

2 Oct 2016 - The Motley Fool Singapore
The televised US Presidential fun and games are far from over. On Tuesday Democrat Tim Kaine and Republican Mike Pence square off in the first Vice Presidential debate. It is unlikely to be as exciting as the Trump vs. Clinton encounter. But with markets dissecting every sinew of election news, anything ...
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'Dark' Milky Way-sized galaxy discovered - Economic Times

27 Aug 2016 - Economic Times

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The Week Ahead: Singapore Retail Sales In The Spotlight

13 Aug 2016 - The Motley Fool Singapore
With Singapore’s blue-chips earnings season over bar the shouting, the market’s attention next week will turn to economic matters. There should be plenty to set tongues wagging. On tap will be US inflation numbers. The headline rate was a subdued 1% in June, which was slightly below market forecasts. ...
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Samsung planning to launch 128GB variant of Galaxy Note 7 - Economic Times

12 Aug 2016 - Economic Times

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Metro’s net profit crashes 73.4% to $9.8m

11 Aug 2016 - Singapore Business Review
Scrapped department stores and office buildings pulled earnings down. After closing major businesses, Metro Holdings Limited’s net profit plummeted to a disappointing $9.8 million in 1QFY17 ended 30 June 2016 against $37.6 million in 1QFY16. Metro revealed that the hefty plunge was due to lower turnover ...
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