Hi, everyone. Here are three things about the local stock market that you might be interested in today. 1. The Straits Times Index (SGX: ^STI) ended the day up 0.5%, or 16.9 points, to 3,236.08. Singapore Technologies Engineering Ltd (SGX: S63) shares rose the most today at 2.6% to close at S$3.57 each. Around two weeks ago, the conglomerate made public that it is expanding its business by acquiring MRA Systems, a firm that makes aircraft engine parts. This would allow ST Engineering to scale up its aerospace capabilities. On the other end of the winner-loser spectrum, the company that lost the most ground was Thai Beverage Public Company Limited (SGX: Y92); its shares went south by 1.4% to S$0.685 apiece. 2. Nico Steel Holdings Limited (SGX: 5GF) revealed that based on an initial assessm

For Information Only Vividthree Holdings Ltd ("Vividthree" or the "Company") is placing out 51.8m shares at $0.25 each. The IPO has closed and will be listed on 25 Sep 2018. The market cap based on the IPO price is $83.50 million Principal Business The company is founded in 2006 and currently has a presence in Singapore and Malaysia. It is a virtual reality, visual effects and

Vividthree Holdings Ltd is set to be the latest addition on the Singapore stock exchange. The company, which would be a spin-off from its parent, mm2 Asia Ltd (SGX: 1B0), is placing out 51.8 million shares at S$0.25 each to raise gross proceeds of S$12.95 million. The placement closed on 20 September, and trading of Vividthree’s shares is expected to start on 25 September. Following the placement, mm2 Asia will hold 41.5% of Vividthree, down from 49.2%. Vividthree is a virtual reality, visual effects, and computer-generated imagery studio that develops and creates digital intellectual property (IP) assets. These assets mainly consist of storylines with their accompanying characters and visual elements. Vividthree also acquires IP rights owned by third parties to produce virtual reali

While the bear has yet to breathe down our necks in the market given the generally visible earnings growth outlook in 2018, the noises of trade war and contagion risks from emerging markets can change conditions quickly. The recent unimpressive performance of Singapore stocks despite a healthy 2Q18 earnings season is doing little to lift the sentiments. While CIMB thinks that there is no hiding place in this fragile investment environment, investors should be looking at stocks that are cheap and in relatively better shape than the rest. Investors Takeaway: Seek Safety In These 4 Small Cap Value Plays CSE Global CSE Global ended its 2Q18 on a positive note with gross profit margin inching up to 26.9 percent, compared to 1Q18 gross profit margin of 26.8 percent. Moving forward, CSE Global