Stocks In Focus SG (Keppel Corp, S’pore Medical Group, YuuZoo Corp) – 17/09/14

Keppel Corporation secured a repeat contract from Gulf Drilling International for its fifth jackup rig from Keppel for US$227 million. The agreement for the jackup rig, scheduled for delivery in 1Q16, includes options for two more rigs for deliveries in 2017.

Next-Generation Satellite Communications issued a writ of summons against its director, Lam Ah Seng, for the repayment of an outstanding loan of $2.5 million as the sum remains unpaid despite repeated reminders to repay the loan.

Singapore Medical Group’s flagship clinic, The LASIK Surgery Clinic, will offer the latest vision correction procedure, ReLEx® SMILE, to address the different needs and profiles of its patients.

YuuZoo Corporation has completed the reverse takeover of W Corporation and began trading on the Singapore Exchange (SGX) on 16 September. The firm is the first Singapore-based social e-commerce company to be listed on SGX.

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