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Straits Times 3,127.74 +5.17 +0.17%
Hang Seng 26,048.72 -221.32 -0.84%
Dow Jones 26,202.73 +240.29 +0.93%
Shanghai Composite 2,883.44 +3.10 +0.11%
Lunchbell Update (05 Sep 14)
Featured | 05 September 2014
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The Straits Times Index (STI) closed down 20.36 points (0.61%) at 3325.98 on moderate volume of 87.64m shares traded with 123 gainers and 191 losers as of 12:27pm.

Notable gainers were Cityneon, LifeBrandz, OLS, Fung Choi Media and NH Ceramics, with Cityneon leading the pack.
Notable losers were EMS Energy, China Flexpack, S i2i, China Oilfield and MFG Integration, with EMS Energy leading the pack.

In other alerts, Sunmoon Food Company entered into a non-binding memorandum of understanding to acquire a 51 percent stake in Ban Fresh for $5.6 million. The target company is in the business of global procurement of fresh fruits and vegetables as well as engaging in sales of the same products in Singapore and other countries in Asia.

Asia-Pacific Strategic Investments posted an 18.1 percent growth in turnover to RM0.2 million for the year ended 30 June 2014, underpinned by the recognition of a higher amount of service income. Coupled with a RM3.7 million of losses incurred from discontinued operations, that were mainly attributable to a higher cost of sales and allowance for impairment of trade and other receivables, the group’s losses widened to RM8.6 million.

Pine Capital Group  -- -- --   
Business: Co offers financial services with a primary focus in asset management.

Insight: Aug-18, 1Q19 Co recorded revenue of $0.7m and gro... Read More
Manufacturing Integration Technology  -- -- --   
Business: Co's core business focuses on Contract Equipment Manufacturing comprising built-to-print and customised automation.

Insight: Feb-19, FY18 revenue slid 71.6% mainly due to disc... Read More
Sunmoon Food Co  0.048 -0.003 -5.88%   
Business: Fully integrated fresh fruits and dehydrated goods producer.

Insight: Feb-19, 9M19 revenue jumped 87.9% to $50.5m attrib... Read More
China Real Estate Group  -- -- --   
Business: Co provides real estate agency services in Singapore and Hong Kong.

Insight: Aug-18, FY18 revenue, cost of services and gross p... Read More

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