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Straits Times 3,377.96 +16.91 +0.50%
Hang Seng 28,765.40 +303.74 +1.07%
Dow Jones 27,154.20 -68.77 -0.25%
Shanghai Composite 2,924.20 +23.02 +0.79%
STI Lunchbell Top Gainers And Losers – 01/10/14
Lunchbell Update | 01 October 2014
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The Straits Times Index (STI) closed down 8.85 points (0.27%) at 3,267.89 on moderate volume of 65.1 million shares traded with 133 gainers and 160 losers as of 12:05pm.

Notable gainers were Singapore eDev, Yuuzoo, AEM, EcoWise and China Great Land, with Singapore eDev leading the pack.

Notable losers were Armarda, Youyue Intl, Craft Print, Moya Asia and MegaChem , with Armarda leading the pack.

In other alerts, Giken Sakata secured extensions for both the Trembul and Gabus agreements. The extension of ten years, will allow the company’s subsidiary, Cepu Sakti Energy, to operate in the Trembul and Gabus oil fields until 2 November 2020 and 14 December 2021 respectively. Both agreements can be further extended for another 5 years. Separately, in view of the group’s growing oil production in Dandangilo-Woncolo and Tungkul oil fields, the group intends to set up a central oil gathering station with a capacity to collect up to 2,000 barrels of oil.

AEM Holdings agreed to dispose of its 57.7 percent owned subsidiary, Microcircuit Technology (S) (MCT) for US$3 million. MCT is a company that is incorporated in Singapore where its principal activities lie in the design and manufacturing of organic substrates. Following the consecutive losses of MCT from 2008 to 2013, amounting to US$42.9 million (approximately $56.6 million), the company views the disposal to be in its best interest.

YuuZoo Networks Group Corp  -- -- --   
Business: Co engages in social networking, e-commerce, payments, and gaming businesses.

Insight: Feb-19, FY18 revenue fell 12.6% to $15.7m due to n... Read More
Ecowise Hldgs  0.025 -0.003 -10.71%   
Business: Co is an integrated sustainable environmental solutions provider. [FY18 Turnover] Resource recovery (80.6%), renewable energy (17.9%), integrated environmental management solutions (1.5%).

Insight: Mar-19, 1Q19 revenue slipped 7.4% due to decrease ... Read More
China Great Land Hldgs  -- -- --   
Business: Co is a cash company.

Insight: Aug-18, 1H18, No revenue generated as no project w... 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
Green Build Tech  -- -- --   
Business: Co's principal activities include project-based activities involving energy conservation services & sustainable developments in China.

Insight: Mar-19, FY18 revenue sank 70.1% due to the substan... Read More
Abundance Int'l  -- -- --   
Business: Co engages in the trading of chemical products.

Insight: Feb-19, FY18 revenue decreased 21.1% to US$413.4m ... Read More
Moya Hldgs Asia  0.076 -- --   
Business: Specialist engineering co providing integrated systems for waste & water treatment.

Insight: Feb-19, FY18 revenue jumped 43.4% due to full-year... Read More
MegaChem  -- -- --   
Business: Co operates in the blending and trdg in chemicals and chemical-related pdts. [FY18 Turnover] Distribution (96.8%), manufacturing (3.2%).

Insight: Feb-19, FY18 revenue rose 9% attributable to broad... Read More


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