Keppel, TEE, ZICO, Rowsley, SGX, Rickmers Maritime

SINGAPORE (Sept 8): Here are some stocks that could move the market this Thursday morning:

Keppel Land, the property arm of Keppel Corporation, has entered into a conditional joint venture agreement with Shwe Taung Group to develop premium serviced residences and offices in the second phase of Junction City in Yangon, Myanmar. Keppel Land’s investment in the next phase of the landmark mixed-use development is estimated to be about US$48.6 million ($65.5 million). Shares of Keppel closed 0.75% higher at $5.41.

TEE International announced new engineering contract wins totalling $95 million from Aug to Sept. Together with its wholly-owned subsidiary, PBT Engineering, the engineering and construction group will be working on AXA Tower, PSB Academy and Seletar Airport through the contracts. This brings the group’s outstanding order book to about $324 million. TEE shares closed 4.35% lower at 22 cents on Wednesday.

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