Monday, 25 September 2017

Stocks to watch: Keppel Corp, HG Metal, OCBC

THE accompanying organizations saw new improvements that may influence exchanging of their offers on Tuesday: 

Keppel Corporation: A joint wander (JV) between a unit of Keppel Offshore and Marine (Keppel O&M) and Shell Eastern Petroleum has finished the principal business Liquefied Natural Gas (LNG) fortification move in Singapore. The JV FueLNG did truck-to-transport bunkering for the skimming liquefaction vessel, Hilli Episeyo, denoting its first LNG trucking operation. It took after the assistance of Singapore LNG's (SLNG) fruitful gas-up or chill off and reload operation at its Jurong Island terminal of Shell's LNG shelter vessel, the Carissa, in June. 

HG Metal Manufacturing: HG Metal Manufacturing intends to give investors a money conveyance of 10.5 Singapore pennies an offer as a component of a capital diminishment workout. This means about S$13.4 million to be paid out at a books conclusion date yet to be resolved. The money is required to originate from HG Metal's proposed offer of its 23 for every penny stake in mainboard-recorded steel work creator BRC Asia to Estelle Enterprise for S$39 million. 

OCBC Bank: OCBC issued HK$1.4 billion (S$241.5 million) worth of 1.59 for every penny settled rate notes due September 2020. The notes were issued through the bank's multicurrency US$10 billion Global Medium Term Note Program that was refreshed in 2015 and will be recorded on the Singapore Exchange with impact on Tuesday.

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