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STI 3,000 boosted by pivot investors mkt players
teeth53
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30-Jun-2017 07:35     
 
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https://www.bloomberg.com/news/articles/2017-06-29/paper-billionaires-lose-their-fortunes-amid-small-cap-stock-rout

Tycoons&rsquo fortunes plummet more than $3 billion in two days
​ Three ex-billionaire stakes had a peak value >   Taking their companies public in Hong Kong Listed Exchange, it shed more than 91% of their wealth amid the market rout that&rsquo s roiling small-cap stocks in the city.

 
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teeth53
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04-Jun-2017 11:09     
 
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MCL Land awarded Eunosville site at S$765.78m or S$909 psf ppr



HONGKONG Land unit, MCL Land, has clinched the Eunosville site through a collective sale, at a price of S$765.78 million.

This works out a unit land price of S$909 per square foot per plot ratio (psf ppr) inclusive of an estimated S$194 million payable to the state to enhance the intensity of the site to a gross plot ratio of 2.8 and to top up the site' s lease to 99 years.
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teeth53
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04-Jun-2017 10:59     
 
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Organization of the Petroleum Exporting Countries (OPEC) and other nations led by Russia agreed last wk to extend a deal to limit global oil output for a further 9-mths, until Mar-2018.

Committee were set up to monitor the cuts were to meet in Russia in July. Falih, who has been on a visit to Russia this week, said it would then be able to judge if cuts had been effective in supporting oil prices which have halved in the last 3-years on the back of a global oversupply glut.

" We have to see the mkt and I think by the end of June, in July we will see that the action we have taken has a big impact, " If for some reason we need to do more, we will consider doing more including ... bigger cuts."

Russia and Saudi Arabia have recently reached a detente in a long-running rivalry that has seen the world' s two biggest oil exporters spearhead the global pact to cut output.

teeth53      ( Date: 02-Jun-2017 07:23) Posted:



June 1 - Oil giant Saudi Aramco is looking to step up hiring for its Singapore office as it pushes into the regional energy hub.

The office aims to employ 10 to 15 staff by year-end after opening with one person in late 2015, That would include operational, analytical and administrative workers. A spokesman for Saudi Aramco Products Trading Company did not answer calls from Reuters.

" The main aim is for employees to support trading activities of the head office in Saudi Arabia," said All three declined to be identified as they were not authorised to speak with the media.

The office may also expand into trading beyond refined oil products and chemicals. According to the company website, it is looking to hire a marketing coordinator, as well as an analyst to provide energy market research on crude oil, oil products and chemicals, preferably with experience working with an Indian state-owned oil company.

Saudi Aramco Products Trading Company is now trading about 1.5 million barrels of refined, liquid chemical and polymer products every day across the globe.

Saudi Aramco has a separate unit in Singapore, Aramco Asia Singapore, focused on marketing the company' s own liquefied petroleum gas (LPG) and crude oil. 

teeth53      ( Date: 02-Mar-2017 00:32) Posted:

Who will win the world' s biggest IPO?



Saudi Aramco' s expected listing is to be world' s largest, and global competition for prestigious event is breaking out from boardrooms and into the public.

That' s set off a horse race among global stock exchanges, with commentators naming a variety of cities &mdash including  HK,  Singapore,  New York,  Toronto,  London  and Tokyo &mdash as potential locations for the listing.

Arun Kant, CEO and CIO at S' pore-based investing firm Leonie Hill Capital, told CNBC that his proprietary artificial intelligence (AI) system was predicting a 55% chance that Aramco' s would choose to list on New York Stk Exch. Followed, by a 30% for London, Toronto 10%, and 5% for HK.

That   is b' cos mkt liquidity needs to keep President Donald Trump happy, they are going to list the biggest IPO in U.S. (Think, is very likely).

Tokyo, would likely be deemed too risky for the Saudis because of uncertainties about the yen.

Still, Saudi Arabia' s King Salman is scheduled to visit Japan beginning March 12, and Aramco representatives are expected to be part of his delegation.


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Goldfinger
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03-Jun-2017 13:45     
 
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 Alert Admin 		Well overdue to lift and remove the ABSD!!!

teeth53      ( Date: 02-Jun-2017 07:16) Posted:

Bullish $75.8 million bid for landed housing sales.

  A private landed housing site in Lorong 1 Realty Park in Hougang has drawn bullish bids from 11 developers.

The top bid for the 99-year leasehold site came from a consortium of Fantasia Investment (Singapore), Sun Renwang and Yang Xinping at S$75.8 million or about S$525.58 psf per plot ratio, said the Urban Redevelopment Authority.

It was S$13.8 million or about 22 per cent more than the second-highest bid of S$62 million tabled jointly by Singhaiyi Investments and Haiyi Wealth.

teeth53      ( Date: 14-Apr-2017 12:56) Posted:



http://www.straitstimes.com/business/winter-ending-for-spores-property-market

End ending in sight for Singapore property market

Sign revival are strong, with interest and increased in sales volumes and fierce bidding for land   for development.


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teeth53
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03-Jun-2017 07:53     
 
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Wall Street stocks finished at records again

Friday - A lackluster US jobs report raised expectations the Fed Reserve could take a more gradual approach to increasing interest rates.

All three major stock indices ended at records for the second straight session.

Dow Jones Industrial Average adding 0.3 percent to close at 21,206.29. The broad-based S& P 500 gained 0.4 percent to finish at 2,439.07, while the tech-rich Nasdaq Composite Index jumped 0.9 percent to 6,303.80.
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teeth53
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02-Jun-2017 07:35     
 
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SINGAPORE - Japan' s big three shipping lines have named Ocean Network Express, which will house its global headquarters in Singapore.

The joint venture is a consolidation of the container shipping businesses of Kawasaki Kisen Kaisha, Mitsui OSK Lines and Nippon Yusen Kabushiki Kaisha, including their worldwide terminal operation businesses.

The 3-parties said in a statement that their   joint venture is planning to set up a holding company in Japan, along with an operating company that will be incorporated in Singapore.

Ocean Network Express will also set up a regional HQ here, with four other similar offices in Hong Kong, United Kingdom (London), United States (Richmond, VA), and Brazil (Sao Paulo).

The establishment of the new joint venture will be announced officially once all anti-trust reviews are completed and that the service commencement date for Ocean Network Express is April 1, 2018.

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teeth53
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02-Jun-2017 07:23     
 
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June 1 - Oil giant Saudi Aramco is looking to step up hiring for its Singapore office as it pushes into the regional energy hub.

The office aims to employ 10 to 15 staff by year-end after opening with one person in late 2015, That would include operational, analytical and administrative workers. A spokesman for Saudi Aramco Products Trading Company did not answer calls from Reuters.

" The main aim is for employees to support trading activities of the head office in Saudi Arabia," said All three declined to be identified as they were not authorised to speak with the media.

The office may also expand into trading beyond refined oil products and chemicals. According to the company website, it is looking to hire a marketing coordinator, as well as an analyst to provide energy market research on crude oil, oil products and chemicals, preferably with experience working with an Indian state-owned oil company.

Saudi Aramco Products Trading Company is now trading about 1.5 million barrels of refined, liquid chemical and polymer products every day across the globe.

Saudi Aramco has a separate unit in Singapore, Aramco Asia Singapore, focused on marketing the company' s own liquefied petroleum gas (LPG) and crude oil. 

teeth53      ( Date: 02-Mar-2017 00:32) Posted:

Who will win the world' s biggest IPO?



Saudi Aramco' s expected listing is to be world' s largest, and global competition for prestigious event is breaking out from boardrooms and into the public.

That' s set off a horse race among global stock exchanges, with commentators naming a variety of cities &mdash including  HK,  Singapore,  New York,  Toronto,  London  and Tokyo &mdash as potential locations for the listing.

Arun Kant, CEO and CIO at S' pore-based investing firm Leonie Hill Capital, told CNBC that his proprietary artificial intelligence (AI) system was predicting a 55% chance that Aramco' s would choose to list on New York Stk Exch. Followed, by a 30% for London, Toronto 10%, and 5% for HK.

That   is b' cos mkt liquidity needs to keep President Donald Trump happy, they are going to list the biggest IPO in U.S. (Think, is very likely).

Tokyo, would likely be deemed too risky for the Saudis because of uncertainties about the yen.

Still, Saudi Arabia' s King Salman is scheduled to visit Japan beginning March 12, and Aramco representatives are expected to be part of his delegation.

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teeth53
Supreme
02-Jun-2017 07:16     
 
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 Alert Admin 		Bullish $75.8 million bid for landed housing sales.

  A private landed housing site in Lorong 1 Realty Park in Hougang has drawn bullish bids from 11 developers.

The top bid for the 99-year leasehold site came from a consortium of Fantasia Investment (Singapore), Sun Renwang and Yang Xinping at S$75.8 million or about S$525.58 psf per plot ratio, said the Urban Redevelopment Authority.

It was S$13.8 million or about 22 per cent more than the second-highest bid of S$62 million tabled jointly by Singhaiyi Investments and Haiyi Wealth.

teeth53      ( Date: 14-Apr-2017 12:56) Posted:



http://www.straitstimes.com/business/winter-ending-for-spores-property-market

End ending in sight for Singapore property market

Sign revival are strong, with interest and increased in sales volumes and fierce bidding for land   for development.

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teeth53
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31-May-2017 15:57     
 
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 Alert Admin 		31-05-2017. Singapore's MyRepublic seeking private-equity backing for M1 bid - Bloomberg

-- Source link: https://bloom.bg/2qzqMS8 
-- Note: Reuters has not verified this story and does not vouch for its accuracy 
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teeth53
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30-May-2017 17:14     
 
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 Alert Admin 		Reuters - S' pore shares fell to their lowest in  nearly 2-wks on Tuesday, dragged down by financials, other Southeast Asian mkts were lukewarm in thin trade with  several mkts closed for holidays. 

Concerns about Greek bailout, early Italian elections and  comments by European Central Bank chief about need for  continued stimulus sapped risk appetite, weighed on Asian stks  and lifted safe-haven demand.

" We (Southeast Asia) lack a fresh catalyst, but starting  tomorrow mkts may be more active because we' re going to see  major economic data" - like the Chinese PMI to be released  tomorrow morning.

Factory activity in China likely expanded at its slowest  pace in eight months in May, a Reuters poll showed, as previous  stimulus fades and policymakers focus on tackling rising debt -  a sign the cooldown in manufacturing will persist through  2017.

teeth53      ( Date: 30-May-2017 07:46) Posted:

Good morning to all well wishes.

Futures suggested a flat open in Asia on Tuesday following directionless trade in yesterday' s session as major markets around the world were closed for various holidays.

Japanese futures pointed up, with Nikkei futures in both Chicago and Osaka edging higher by 0.04 percent at 19,690 against the Nikkei 225' s Monday close of 19,682.57.

Australian SPI futures added 0.04 percent to trade at 5,709 compared to the S& P/ASX 200' s close of 5,707.072 yesterday.

Markets in Hong Kong and China are closed today for a public holiday. Stateside, markets in the U.S. were closed on Monday for Memorial Day.

teeth53      ( Date: 29-May-2017 20:22) Posted:

This week should be relatively quiet with shorter trading in the US (Memorial Day) as well as China and Hong Kong (Dragon Boat Festival). 

STI ended the week roughly at where it begun, eking out a meagre 0.08% gain even as the government hinted that 2017 GDP growth could be at the higher end of its 1-3% forecast. 
Monday - STI ended 3214.55   -4.87


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teeth53
Supreme
30-May-2017 15:53     
 
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 Alert Admin 		A residential plot in SG for a govt land sale, putting in highest bid@S$1 bil (US$718 mi).

Logan Property (S'pore) Co and Nanshan Grp S'pore put in the highest bid for Stirling Road land auction, according to a statement from the Urban Redevelopment Authority (URA).

The price for the land would be equivalent to S$1,050 /sq ft of gross floor area, translating into the highest absolute price paid for a residential plot.

URA had received an application from a developer, for public tender. The plot can house about 1,110 units..

?It first time, a pure residential site that cross S$1b. ?The participation from 13 local and foreign developers shows the sheer amount of liquidity in the mkt, as S$11 billion is going after a plum site in Singapore?s fringe location.?

Developers? hunger for S'pore land is adding to signs that the city?s housing mkt is making comeback, after 3-yrs of price declines. As new home sales surge after an easing of property restrictions in mid-March, developers are becoming more aggressive in bidding at land auctions. On average, they?ve paid a 29% premium, the highest level in at least 5-yrs.

The richest bid came from a joint venture (jv). Logan Property Holdings. (HK listed developer for Shenzhen & Pearl River Delta region, and China?s Nanshan Grp. Nanshan has been active in S'pore?s govt land auctions. It participated in 8 out of 11 tenders launched in the past 12 mths.

Other participants included MCL Land (Everbright) which was the 2nd-highest bidder@S$925.7m.

teeth53      ( Date: 18-May-2017 22:49) Posted:

http://www.theedgemarkets.com/article/singapore-land-gets-record-s1-bil-bid-chinese-buyers#.WR2qKSX_lgc.twitter

Singapore land gets record S$1 bil bid from Chinese buyers

May 18 - A residential. SG govt land sale, with a Chinese consortium putting in the highest bid at S$1 billion (US$718 mil). 

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Goldfinger
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30-May-2017 08:13     
 
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 Alert Admin 		Please please tolong and remove ABSD. That is the one that will send this market ballistic!

teeth53      ( Date: 29-May-2017 20:14) Posted:

with 1Q17 home sales more than doubling to 2,962 from 1Q16. 

Sentiment had been buoyed by a easing in govt cooling measures, it believes that strong household cash balances, improving affordability and healthy demand, boosted by HDB upgraders. HDB resale prices have narrowed px gap with private homes, will continue to underpin demand going forward. 

The renewed buying interest is thus expected to help bring down unsold stock and allow developers to hike prices. A estimated 3-4% annual increases in home prices over the next   3-yes.

teeth53      ( Date: 18-May-2017 22:49) Posted:

http://www.theedgemarkets.com/article/singapore-land-gets-record-s1-bil-bid-chinese-buyers#.WR2qKSX_lgc.twitter

Singapore land gets record S$1 bil bid from Chinese buyers

May 18 - A residential. SG govt land sale, with a Chinese consortium putting in the highest bid at S$1 billion (US$718 mil). 


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teeth53
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30-May-2017 07:46     
 
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 Alert Admin 		Good morning to all well wishes.

Futures suggested a flat open in Asia on Tuesday following directionless trade in yesterday' s session as major markets around the world were closed for various holidays.

Japanese futures pointed up, with Nikkei futures in both Chicago and Osaka edging higher by 0.04 percent at 19,690 against the Nikkei 225' s Monday close of 19,682.57.

Australian SPI futures added 0.04 percent to trade at 5,709 compared to the S& P/ASX 200' s close of 5,707.072 yesterday.

Markets in Hong Kong and China are closed today for a public holiday. Stateside, markets in the U.S. were closed on Monday for Memorial Day.

teeth53      ( Date: 29-May-2017 20:22) Posted:

This week should be relatively quiet with shorter trading in the US (Memorial Day) as well as China and Hong Kong (Dragon Boat Festival). 

STI ended the week roughly at where it begun, eking out a meagre 0.08% gain even as the government hinted that 2017 GDP growth could be at the higher end of its 1-3% forecast. 
Monday - STI ended 3214.55   -4.87

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teeth53
Supreme
29-May-2017 20:37     
 
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 Alert Admin 		http://www.channelnewsasia.com/news/singapore/changi-airport-reaches-1-billion-passengers-milestone-8891332

SINGAPORE: Changi Airport has handled more than 1 billion passengers since it opened on Jul 1, 1981, the airport said in a media release on Monday (May 29).

This milestone was reached last month, the airport said, adding that it is on course to handle a record 60 million passengers this year

teeth53      ( Date: 01-May-2017 21:30) Posted:



Saudi Arabia awards Jeddah airport contract to S' pore' s Changi Airport Group

DUBAI, April 30 (Reuters) - Sinapore' s Changi Airport Group  [CHAP.UL] has been awarded the contract to operate the King  Abdulaziz International Airport in Jeddah, Saudi Arabia for up  to 20 years, the kingdom' s aviation authority said on Sunday. 

A statement from the General Authority of Civil Aviation  (GACA) announcing the award did not provide any further details  apart from saying the selection was made after a thorough  evaluation of bids. 

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teeth53
Supreme
29-May-2017 20:22     
 
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 Alert Admin 		This week should be relatively quiet with shorter trading in the US (Memorial Day) as well as China and Hong Kong (Dragon Boat Festival). 

STI ended the week roughly at where it begun, eking out a meagre 0.08% gain even as the government hinted that 2017 GDP growth could be at the higher end of its 1-3% forecast. 
Monday - STI ended 3214.55   -4.87
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teeth53
Supreme
29-May-2017 20:14     
 
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 Alert Admin 		with 1Q17 home sales more than doubling to 2,962 from 1Q16. 

Sentiment had been buoyed by a easing in govt cooling measures, it believes that strong household cash balances, improving affordability and healthy demand, boosted by HDB upgraders. HDB resale prices have narrowed px gap with private homes, will continue to underpin demand going forward. 

The renewed buying interest is thus expected to help bring down unsold stock and allow developers to hike prices. A estimated 3-4% annual increases in home prices over the next   3-yes.

teeth53      ( Date: 18-May-2017 22:49) Posted:

http://www.theedgemarkets.com/article/singapore-land-gets-record-s1-bil-bid-chinese-buyers#.WR2qKSX_lgc.twitter

Singapore land gets record S$1 bil bid from Chinese buyers

May 18 - A residential. SG govt land sale, with a Chinese consortium putting in the highest bid at S$1 billion (US$718 mil). 

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GorgeousOng
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24-May-2017 20:34     
 
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Europe's Largest Companies 2017: Shell Doubles Profit, Takes Top Spot
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GorgeousOng
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24-May-2017 02:39     
 
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US crude oil settles at 5-week high of $51.47 on expectation OPEC will extend output cuts
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GorgeousOng
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23-May-2017 03:06     
 
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Oil prices settle at one-month high

http://realmoney.thestreet.com/articles/05/22/2017/royal-dutch-shell-poised-breakout?puc=yahoo& cm_ven=YAHOO& yptr=yahoo

 
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GorgeousOng
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23-May-2017 02:51     
 
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The Dow Jones industrial average advanced about 95 points, with Boeing and 3M contributing the most gains. The S& P 500 rose 0.49 percent, with utilities leading advancers. The Nasdaq composite outperformed, gaining 0.71 percent.

 
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