CharlesKing
2021-11-25
Like and comment plz👇👇👇
Singapore stocks to watch: Jumbo, SMI Vantage, MNACT, IHH Healthcare
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Jyozu
2021-11-25
Jyozu
Pls like ba ck
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This was mainly due to the challenging operating environment amid Covid-19 restrictions, particularly in Jumbo's biggest market Singapore. Shares of Jumbo closed flat at S$0.305 on Nov 24, before the release of the results.\nMapletree North Asia Commercial Trust: (RW0U) The trust has entered into a settlement agreement with insurers on the damage to its Festival Walk mall in Hong Kong during pro-democracy protests in 2019. The total settlement amount agreed was HK$334.3 million (S$58.3 million). Units of the trust closed S$0.03 or 2.9 per cent higher at S$1.05 on Wednesday.\nIHH Healthcare: (Q0F) The Malaysian healthcare group said in response to a Bloomberg report that it has made \"no definitive decisions\" on its investments in China, while acknowledging that \"discussions on the strategic directions\" have been ongoing. The report said on Monday (Nov 22) that the group is considering selling its China unit Parkway China in a deal that could fetch as much as US$1 billion. The counter closed S$0.01 or 0.5 per cent higher at S$2.17 on Wednesday.\nSMI Vantage: (Y45): The watch-listed company is acquiring 3,000 crypto mining machines from NBTC Limited, a wholly-owned subsidiary of China-headquartered tech firm The9, in a deal amounting to 3.3 million yuan or S$705,000. Shares of SMI Vantage closed S$0.012 or 11.5 per cent lower at S$0.092 on Wednesday, before the announcement.\nLHN Limited: (41O): The property player applied to the Hong Kong Stock Exchange to spin off and separately list the shares of LHN Logistics on the Catalist board of the Singapore Exchange, it said in a bourse filing on Wednesday. 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