10 April 2013

Singapore Stock Market Daily Update - 10 April 2013

Stocks in Focus: Midas, ComfortDelgro, WBL/UE, Chasen, United Fiber

Midas: Awarded $17.3M SMRT car body contracts for new trains on the NEL and CCL.

ComfortDelgro: Acquires London bus operations from First Group for £56M. It has emerged to be #2 player in London. 

WBL/UE: Independent financial adviser recommends shareholders reject UE's $4.15 offer for WBL.

Chasen: Secured a RMB48M equipment moving project for TFT/LCD manufacturer in China.

United Fiber: Received several expressions of interest for troubled construction arm Poh Lian, which is under judicial management

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