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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%
STI Lunchbell Top Gainers And Losers – 06/11/14
Lunchbell Update | 06 November 2014
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The Straits Times Index (STI) closed up 6.56 points (0.2 percent) at 3,294.22. The market traded on moderate volume of 116.95 million shares traded with 145 gainers and 173 losers as of 12:45pm.

Notable gainers were Next-Gen Sat, S i2i, Eastern, Asiasons Capital and China Oilfield, with Next-Gen Sat leading the pack.

Notable losers were GDS Global, Plastoform, Spura Finance, China Mining and Amplefield, with GDS Global leading the pack.

In other alerts, Brooke Asia has agreed to acquire China Star Food Holdings for $168 million. The latter is engaged in the cultivation, production and distribution of sweet potato food products in China. Following the sale of its previous business, Brooke Asia was rendered a cash company and the acquisition will provide the firm with a new business area with proven track record and has potential for growth. The purchase will be satisfied via an issuance of 840 million shares of Brooke Asia at $0.20 apiece. The move is considered a reverse takeover as the sellers would own about 90.8 percent of Brooke Asia following the acquisition.

StarHub’s revenue inched up 2.3 percent to $592 million for the three months ended 30 September, underpinned by better contribution from its mobile, pay TV and fixed network services units, partially offset by a weaker performance from its broadband division. Subsequently, net profit rose at a similar rate of 2.6 percent to $97.7 million. For the first nine months, revenue and earnings declined 0.3 percent and 3.8 percent to $1.7 billion and $276.2 million respectively.

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
Attilan Group  -- -- --   
Business: Co engages in alternative asset investment and management activities. [FY17 Turnover] Investment management (65.7%), pre-school (20.6%), media sales (11.7%).

Insight: Aug-18, 2Q18 revenue increased slightly by 4% as C... Read More
GDS Global  -- -- --   
Business: Manufactures commercial and industrial doors and shutters. [FY18 Geographical] Singapore (59.4%), Europe (23.9%), Australia (7.9%), Greater China & others (8.8%).

Insight: May-19, 1H19 revenue slid 35.7% due to decreased s... Read More
Singapura Finance  -- -- --   
Business: Provides personal banking and corporate banking services.

Insight: Aug-18, 1H18 net interest and hiring charges remai... Read More

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