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Straits Times 3,114.16 -11.98 -0.38%
Hang Seng 26,719.58 -128.91 -0.48%
Dow Jones 26,770.20 -255.68 -0.95%
Shanghai Composite 2,938.14 -39.19 -1.32%
Lunchbell Update (10 Sep 14)
Featured | 10 September 2014
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The Straits Times Index (STI) closed down 6.14 points (0.18%) at 3336.82 on moderate volume of 73.51m shares traded with 123 gainers and 203 losers as of 12:08pm.

Notable gainers were Asia Fashion, Advance SCT, Singapore eDev, LH and Renewable Energy, with Asia Fashion leading the pack.

Notable losers were Digiland Intl, Broadway Ind R, Broadway Ind R133, Jackspeed and China Haida, with Digiland Intl leading the pack.

In other alerts, Neo Group posted a turnover growth of 21.2 percent to $28 million for the six-month period ended 31 July, mainly attributable to the better performance at its food catering business due to an increase in both social catering events and its market share for corporate and government sectors. However, earnings dropped 9.1 percent to $2.5 million due to a hike in overall expenses. Subsequently, the group has declared a dividend per share of $0.0105.

Global Logistic Properties (GLP) signed three new lease agreements totalling 87,000 square metres (sqm) with three third-party logistics companies in Eastern and Midwestern China. The agreements extend GLP strategic partnerships with two of its existing clients – Sinotrans and Best Logistics.

Citicode  -- -- --   
Business: Co produces and supplies copper-based products to electronic and power industries.

Insight: Jul-18, 1H18 revenue fell marginally by 3% to $35.... Read More
Renewable Energy Asia Group  -- -- --   
Business: Renewable energy biz.

Insight: Jun-14, Co inked a cooperative framework agreement... Read More
Jackspeed Corp  -- -- --   
Business: Sales of leather trim, accessories & OEM to car distributors & dealers, automobile, marine & aviation mfr. [FY19 Turnover] Accessories (65%), non-accessories (35%).

Insight: Apr-19, FY19 revenue slid 11% to $46.7m due to a d... Read More
China Haida  -- -- --   
Business: Co is engaged in the manufacture and sale of aluminium composite panels [FY18 Geographical] China (68.7%), others (31.3%).

Insight: Feb-19, FY18 revenue fell 3.9% while gross profit ... Read More

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