PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Simple Mart is to acquire OKmart for TWD 125mln
Importance
Level 1
TAIWAN
Simple Mart Retail Co. (2945 TT) - Simple Mart is to acquire OKmart for TWD 125mln. (Focus Taiwan)
Starlux Airlines (2646 TT) - Taiwan's Civil Aeronautics Administration is investigating a Starlux Airlines flight from Taichung to Kobe, Japan, after it experienced a hard landing on January 20th, and has grounded the crew pending the inquiry. (Focus Taiwan)
Data Recap
- Taiwan Industrial Production YY (Dec) 21.6% vs Exp. 12.0% (Prev. 15.8%, Rev. 16.4%)
- Taiwan Money Supply M2 YY (Dec) 5.0% (Prev. 5.1%)
SINGAPORE
StarHub (STH SP) - Co. CEO warned that ultra-low telco prices may hurt service quality and security. (Straits Times)
Ho Bee Land (H13 SP) - Co. is to acquire a development site in Queensland, Australia for AUD 318.5m, while it is to finance land acquisition via internal funds and bank borrowings. (Newswires)
#IRELAND#SINGAPORE#TAIWAN, PROVINCE OF CHINA#TWD#EUROPE#STARHUB LTD#STH.SP#EQUITIES#ASIAN SESSION#HIGHLIGHTED#RESEARCH SHEET#BUILDING PRODUCTS#BUILDING PRODUCTS (GROUP)#CAPITAL GOODS#S&P 500 INDEX#TRANE TECHNOLOGIES PLC#TT#TAIWAN#MONEY SUPPLY#ASIAN EQUITIES