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Straits Times 3,126.05 -8.66 -0.28%
Hang Seng 26,848.49 +184.21 +0.69%
Dow Jones 27,001.98 -22.82 -0.08%
Shanghai Composite 2,977.33 -1.38 -0.05%
STI Lunchbell Top Gainers And Losers (29 Sep 14)
Featured | 29 September 2014
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The Straits Times Index (STI) closed down 5.01 points (0.15%) at 3,287.20 on moderate volume of 140.98 million shares traded with 147 gainers and 183 losers as of 12:25pm.

Notable gainers were Cedar Strategic, Armarda, Top Global, United Food and Xpress, with Cedar Strategic leading the pack.

Notable losers were Singapore eDev, LH, S i2i, Ziwo and Luzhou Bio-Chem , with Singapore eDev leading the pack.

In other alerts, Lum Chang Holdings proposed the acquisition of the remaining 49 percent of share capital in Kemensah Holdings for RM38.3 million (approximately $14.9 million). Along with the acquisition, a loan of RM95.1 million granted previously to Kemensah, will be paid off by Lum Chang. The aggregate consideration to be paid is RM133.4 million.

Ziwo Holdings proposed the acquisition of a 25 percent stake in Xisheng (Quanzhou) Investment Co for Rmb160 million. Xisheng and CMTCC Shanghai Shisanye Construction Co have jointly won a bid in 2011 to develop the infrastructure construction project of Guanqiao Park in Quanzhou Economic and Technological Development Zone in Quanzhou City, China. Adhering to Ziwo’s long term plans of diversifying and seeking new areas of growth, the proposed acquisition allows the company to enter the industrial reconstruction industry.

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
BM Mobility  -- -- --   
Business: Co is engaged in the green energy related business.

Insight: Feb-19, FY18 revenue plunged 79.7% due to no sales... Read More
Luzhou Bio-Chem Technology  -- -- --   
Business: Co is a corn refiner engaged in production & distribution of sweeteners, corn starch, & by-pdts of starch. [FY18 Turnover] Corn refining (99.9%), others (0.1%).

Insight: May-19, 1Q19 revenue rose 3% mainly due to increas... Read More


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