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STI Lunchbell Top Gainers And Losers – 15/10/14
Lunchbell Update | 15 October 2014
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The Straits Times Index (STI) closed up 2.29 points (0.07 percent) at 3,196.69. The market traded on moderate volume of 71.21 million shares traded with 105 gainers and 261 losers as of 12:12pm.

Notable gainers were Singapore eDev, Zhongxin Fruit, LH, China Oilfield and M Development, with Singapore eDev leading the pack.

Notable losers were JB Foods R500, Vard, Jadason, MDR and Ley Choon, with JB Foods R500 leading the pack.

In other alerts, BBR Holdings was awarded a contract for the installation of a solar photovoltaic (PV) grid-tied system. Under the 25-year agreement, BBR will design, install, commission and maintain the 490 Kilowatt (KW)-peak PV system which comprises 1,848 high efficiency multi-crystalline panels to be installed on the rooftop of a warehouse in Singapore. Expected to be commissioned in 1Q15, the system is expected to generate about 0.6 million KW-hour in the first year and account for 80 percent of the energy needs for the contract vendor.

Singapore Post will be developing a fully integrated three-storey eCommerce Logistics Hub for $182 million in cash, to cater to its expanding ecommerce logistics business and growth of the ecommerce market. Expected to be fully operational in 2H16, the facility will be constructed on a 30-year leasehold land plot measuring 3.3 hectares which houses a fully-automated parcel sorting facility on the ground floor with two levels of modern warehousing space. It will serve Southeast Asia and be the connecting point to the rest of Asia. The development will also comprise an adjoining eight-storey office block to house SingPost’s local and regional logistics operations.

Zhongxin Fruit & Juice  -- -- --   
Business: Pdtn and sales of apple juice concentrate.

Insight: Jan-19, 1H19 revenue sank 10.9% to Rmb47.1m due to... Read More
M Development  -- -- --   
Business: Trdg of electronic components.

Insight: Feb-17, FY16 revenue decreased by 24.7% to $0.5m. ... Read More
Jadason Enterprises  0.035 +0.001 +2.94%   
Business: Distributes machines and materials for the printed circuit board and semi-conductor industries. [FY18 Turnover] Manufacturing & support services (64.6%), equipment & supplies (35.4%).

Insight: May-19, 1Q19 revenue slid 21.7% as both of Co's tw... 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
Ley Choon Group Hldgs  -- -- --   
Business: Co provides underground utilities infrastructure construction and road works services.

Insight: May-19, FY19 revenue slid 2.5% due to lower revenu... Read More

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