SGX, SATS, Wing Tai, IPS Securex, Chip Eng Seng, Ley Choon

SINGAPORE (Aug 23): Here are some stocks that could move the market this Tuesday morning:

The Baltic Exchange's board has unanimously recommended that its shareholders vote in favour of Singapore Exchange's (SGX) proposed acquisition. As earlier announced, SGX said Baltic shareholders will receive £160.41 per share in cash. They will also receive £18.80 per share in cash as a special dividend. Together, these value the Baltic Exchange's entire issued share capital at about £87 million ($154 million). Shares of SGX closed at $7.66.

Ground handling and inflight catering service provider SATS has been awarded a tender to build and operate a cargo terminal within Saudi Arabia’s new cargo village in Dammam, which is in the vicinity of King Fahd International Airport (KFIA). The cargo handling concession, which is granted to SATS’s subsidiary SATS Saudi Arabia, is valid for 22.5 years. Shares of SATS closed flat at $4.80.

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