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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 (22 Sep 14)
Featured | 22 September 2014
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The Straits Times Index (STI) closed down 6.91 points (0.21%) at 3,298.14 on moderate volume of 63.07 million shares traded with 128 gainers and 203 losers as of 12:14pm.

Notable gainers were Advance SCT, E2-Capital, Armarda, MDR and HuanHsin, with Advance SCT leading the pack.

Notable losers were China Yongsheng, Infinio, S i2i, Eucon and Annica, with China Yongsheng leading the pack.

In other alerts, Far East Hospitality Trust (FEHT) entered into a 30:70 joint venture with Far East Organization Centre and Fontaine Investment for the development of an 850-room hotel located on a 60-year leasehold land site in Artillery Avenue, Sentosa Island. The development, Outpost Hotel Sentosa and Village Hotel Sentosa, measures 35,748 square metres in gross floor area and is projected to cost $443.8 million in development costs (FEHT: $113.1 million, according to its stake in the joint venture). Expected to be completed by 2018, FEHT intends to finance the joint venture fully by debt.

Singapore Exchange launched a new research and company fundamentals portal on its website. The portal named SGX StockFacts is a research database that provides a variety of features and information such as stock fundamentals, a stock screener and charting tools. The company views that the portal will enhance the ability of investors to make more informed investment decisions.

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
SinoCloud Group  0.001 -- --   
Business: Co provides Internet data centre management services.

Insight: Feb-19, 9M19 revenue fell 22.3% to HK$41m mainly d... Read More
MDR  0.002 -- --   
Business: After-market service provider for mobile phones & various consumer electronics products. [FY18 Turnover] Distribution mgt solutions (DMS) (90.2%), after mkt svcs (AMS) (7.3%), digital inkjet printing for out of home advertising solutions (DPAS) (2%), investment (0.5%).

Insight: May-19, 1Q19 revenue rose 7.2% mainly due to incre... Read More
Huan Hsin Hldgs  -- -- --   
Business: Manufacturer of OEM & ODM used in products such as laptop hull module & printer. [FY18 Turnover] Wire, cable & related components (78.4%), moulded plastic pdts & finished pdt assembly (18.8%), others (2.8%).

Insight: Mar-19, FY18 revenue slid 35.3% in line with Co's ... Read More
Rich Capital  -- -- --   
Business: Co is engaged in the mining & resources biz.

Insight: May-19, Co recorded no revenue for FY19 as Kim Chu... Read More
The Place Hldgs  0.015 -0.002 -11.76%   
Business: Co provides printed circuit boards and related services.

Insight: Jan-19, Co recorded FY18 revenue of $1.8m (FY17: $... Read More
Annica Hldgs  0.001 -- --   
Business: Co engages in the sale & trading of oil & gas equipment, provision of engineering services & developing of biomass projects. [FY17 Geographical] Malaysia (69.1%), Singapore (23.2%), Indonesia (7.7%).

Insight: Aug-18, 1H18 revenue decreased by 14% due to delay... Read More

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