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Straits Times 3,160.72 -6.12 -0.19%
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Dow Jones 27,147.08 +36.28 +0.13%
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STI Lunchbell Top Gainers And Losers – 02/10/14
Lunchbell Update | 02 October 2014
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The Straits Times Index (STI) closed down 23.09 points (0.71%) at 3,241.00 on moderate volume of 77.66 million shares traded with 111 gainers and 120 losers as of 12:05pm.

Notable gainers were Infinio, Advanced Systems, Sitra, China Oilfield and Annica, with Infinio leading the pack.

Notable losers were Cedar Strategic, Lereno Bio-Chem, Versalink, HL Global Ent and Samko Timber , with Cedar Strategic leading the pack.

In other alerts, TEE Land’s revenue sank 52.6 percent to $6.4 million for the first quarter ended 31 August 2014, as there was no revenue contribution from the 91 Marshall property development which was completed in FY14. Despite the fall in revenue, better performance registered from its associate that was in excess of 90 percent helped to lift net profit by 367 percent to $2.7 million.

United Overseas Bank was among nine of the international banks to be awarded a licence by the Central Bank of Myanmar to open a banking branch in Myanmar. UOB views that the licence would allow the group to more actively participate in Myanmar’s rapid economic development.

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
Advanced Systems Automation  -- -- --   
Business: Co manufactures automatic molding machines and other back-ended assembly equipment for the semiconductor industry. [FY17 Turnover] Equipment contract manufacturing services (69.9%), equipment (30.1%).

Insight: Mar-19, FY19 revenue declined 14%, mainly due to l... Read More
Sitra Hldgs (Int'l)  -- -- --   
Business: Distributor of quality wood-based products & lifestyle outdoor furniture. [FY17 Turnover] Wood-based products (96%), lifestyle outdoor furniture and others (4%).

Insight: Feb-18, FY17 revenue declined by 5.3% to $16.7m ma... Read More
Annica Hldgs  -- -- --   
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
Versalink Hldgs  -- -- --   
Business: Manufacturer of mid- to high-end system furniture. [FY19 Geographical] Export (63.7%), domestic (M'sia) (36.3%)

Insight: Apr-19, FY19 revenue fell 19% to RM50.7m as lower ... Read More
Samko Timber  -- -- --   
Business: [FY17 Turnover] Main timbers products (54.1%), trading of timber products (45.9%).

Insight: Aug-18, 1H18 revenue grew 27.1% to IDR2t mainly du... Read More


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