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Welcome to Ministry of Wealth and Gifts for your loved ones!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

Think Investing as Tug of War - Read more? Click and scroll down


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Wednesday, 4 May 2011

Qatar firm signs letter of intent to buy two Keppel rigs

SINGAPORE - Qatari firm Gulf Drilling International has signed a letter of intent (LOI) to buy two jackup rigs from Singapore's Keppel Corp in a deal that could be worth US$400 million.

The news was published on Gulf Drilling's website. A Keppel spokeswoman said the firm did not announce deals when they are still at the LOI stage.

DMG & Partners, a Singapore brokerage, estimated the deal to be worth around US$400 million. -- REUTERS
Posted by Createwealth8888 at 19:05
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