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Straits Times 3,203.93 -7.56 -0.24%
Hang Seng 27,124.55 -228.14 -0.83%
Dow Jones 27,219.52 +37.12 +0.14%
Shanghai Composite 3,030.75 -0.48 -0.02%
Lunchbell Update (25 Sep 14)
Featured | 25 September 2014
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The Straits Times Index (STI) closed down 7.21 points (0.22%) at 3,285.60 on moderate volume of 44.66 million shares traded with 163 gainers and 165 losers as of 12:33pm.

Notable gainers were Singapore eDev, Infinio, New Wave, Amplefield and E2-Capital, with Singapore eDev leading the pack.

Notable losers were Next-Gen Sat , Europtronic, SMJ Intl, CPH and China Yuanbang , with Next-Gen Sat leading the pack.

In other alerts, Sino Construction proposed an off-market takeover bid to fully acquire the share capital of Guildford Coal (GUF), a company listed on the Australian Securities Exchange, for a price of up to A$63.3 million (approximately $71.2 million). GUF is an emerging resource explorer with a portfolio of projects in the coal bearing regions of Queensland, Australia and Mongolia, Central Asia. If successful, Sino Construction intends to finance the acquisition by the allotment of up to 229.6 million new shares where 1 share of Sino Construction is offered for every 4.5 shares in GUF.

PEC exercised an option to purchase a 30-year leasehold property located at 11 Neythal Road Singapore 628577 for $8.3 million. The property has a total land area of 56,349 sq ft, and comprises a factory equipped with overhead cranes and an ancillary office building. The purchase will be financed by both cash and bank loans. The proposed acquisition will increase the company’s capacity to undertake larger projects, expand its scope of work as well as house its workers.

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
New Wave Hldgs  0.009 +0.003 +50.00%   
Business: Distributes active and passive components and aluminum products. [FY19 Turnover] Aluminium pdts distribution (88.1%), components distribution (11.9%).

Insight: May-19, FY19 revenue rose 5.1% boosted by contribu... Read More
NGSC  -- -- --   
Business: Engaged in the business of providing satellite-based services to a variety of industries.

Insight: Feb-19, 9M19, Co did not register any revenue for ... Read More
HealthBank Hldgs  -- -- --   
Business: Co focuses in new consultancy business to hotels and resorts in China.

Insight: Jul-18, 1H18 revenue increased from $0.1m to $0.3m... Read More
CPH  0.005 -- --   
Business: Co manufactures and sells printed circuit boards.

Insight: Nov-18, 1H19 revenue fell 21.8% to $2.3m as the de... Read More


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