PS Group

Markets

Further US rate cuts still expected despite divisive FOMC meeting

SINGAPORE (Aug 26): The minutes of the Federal Open Market Committee’s July 31 meeting have indicated that the officials were widely divided in the US Federal Reserve’s decision to ease monetary policy.

Offer

PS Group gets privatisation offer from chairman, MD at nearly three times last traded price

SINGAPORE (Aug 20): Executive chairman Teo Choon Hock (image) and managing director Kwek Keng Seng  are offering to buy shares of little-known bolt and nuts supplier PS Group Holdings that they do not already own at 11.8 cents each.
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