SGX Listed Stock

COURTS ASIA LIMITED (SGX:RE2)


SGD 0.200
0.000 / 0.00%
Share Price as of: 2019-02-15 17:06
Market / ISIN Code: SGX Mainboard / SG2F22986069
GICS® Sector / Industry Group / Industry: Consumer Discretionary / Retailing / Specialty Retail


Courts Asia Blogger ArticlesCOURTS ASIA LIMITED Blogger Articles SGX Listed COURTS ASIA LIMITED (SGX:RE2) Blogger Articles RE2.SI Blogger Articles
Aspire
Jimmy Ng
2019-01-25 17:32:53
Acquisitions Spur Market Interest
Mixed news was announced these two weeks with regards to progress of the trade talks. On one hand China pledged to buy over US$1 trillion of US goods and services to eliminate the trade deficit with the US by 2024, which seemed to indicate that both parties are well on track to reach a common consensus while on the other hand, US started the extradition procedure for Huawei CFO, Meng Wanzhou, which triggered worries that this might further hurt the precarious US-China relationship. Last fortnight, Dow Jones Industrial Average rose 2.3 percent to end at 24,553.24. On 21 January 2019, China announced that its official economic growth came in at 6.6 percent in 2018, sliding 0.2 percentage points from the 6.8 percent growth achieved in 2017. This was also the slowest growth recorded in the las
The Motley Fool Singapore
Sudhan P.
2019-01-18 15:26:55
Why Is Courts Asia Ltd’s Share Price Up 32% Today?
Courts Asia Ltd (SGX: RE2) is the holding company for Courts (Singapore) Pte Ltd, Courts (Malaysia) Sdn Bhd and PT Courts Retail Indonesia. Courts is a leading retailer in Southeast Asia selling electrical, IT and furniture products. Currently, Courts operates some 80 stores across three markets of Singapore, Malaysia and Indonesia, spanning over 1.4 million square feet of retail space. As of the time of writing, Courts Asia’s share price is at S$0.20, up 31.6% for the day. What’s the reason behind the sudden increase in the share price? Voluntary conditional cash offer Today, Courts Asia announced that Nojima Asia Pacific Pte Ltd, a wholly-owned subsidiary of Nojima Corporation, is making a conditional cash offer for Courts Asia at S$0.205 per share. The offer price is a premium of 35





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