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Straits Times 3,249.60 +9.96 +0.31%
Hang Seng 28,108.44 -73.24 -0.26%
Dow Jones 25,119.89 +55.53 +0.22%
Shanghai Composite 2,794.78 -3.35 -0.12%
STI Lunchbell Top Gainers And Losers – 10/12/14
Lunchbell Update | 10 December 2014
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The Straits Times Index (STI) closed down 9.20 point (0.28 percent) at 3,329.04. The market traded on moderate volume of 96.3 million shares traded with 191 gainers and 137 losers as of 12:39pm.

Notable gainers were Allied Tech, Xyec, JES Intl, Plastoform and WE, with Allied Tech leading the pack.

Notable losers were China Essence, Next-Gen Sat, Annica, Magnus Energy and MDR, with China Essence leading the pack.

In other alerts, CapitaLand has acquired a 50 percent stake in Asiana Agresif from Juta Asia Corporation, with the intention to jointly develop a piece of land in Kuchai Lama, Kuala Lumpur. The land is owned by Asiana Agresif, and will be developed into a block of condominium and low rise villas. Following the RM24.8 million acquisition, Asiana Agresif will be an associated company with CapitaLand.

Huan Hsin Holdings stated its decision to dispose its subsidiary 51 percent-owned stake in Hefei Baolong Hsin Technology Co (“HBHT”) to Shenzhen Bitland Information Technology Co, which owns the remaining 49 percent stake. The disposal is agreed upon at a sum of Rmb6.2 million in cash, allowing Huan Hsin Holdings to monetise its non-yielding assets and increase its working capital.

Allied Technologies  0.042 -0.001 -2.33%   
Business: Co is a manufacturer of precision stamped metal parts.

Insight: May-18, 1Q18 revenue increased by 22% mainly contr... Read More
JES Int'l Hldgs  -- -- --   
Business: Co engaged in the trading & manufacturing of plastic products, foodstuffs, household insecticides, seasoning, beverages & infant-care products.

Insight: May-18, Co did not generate any revenue in 1Q18. H... Read More
Accrelist  0.005 -- --   
Business: Formerly WE Holdings, Co distributes electronics components and test equipment for the disk drive industry.

Insight: May-18, FY18, Co registered a turnover of $112.5m ... Read More
China Essence Group  -- -- --   
Business: [FY14 Turnover] Potato starch (80.0%), potato protein (8.8%), animal feed (11.2%).

Insight: Feb-15, Co continued to face mounting pressures br... Read More
NGSC  -- -- --   
Business: Engaged in the business of providing satellite-based services to a variety of industries.

Insight: May-18, Co did not recognise any revenue for FY18,... 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: Feb-18, FY17 revenue fell 20.6% due to weaker cont... Read More
MDR  0.001 -- --   
Business: After-market service provider for mobile phones & various consumer electronics products. [FY17 Turnover] Distribution mgt solutions (DMS) (87.9%), after mkt svcs (AMS) (9.5%), digital inkjet printing for out of home advertising solutions (DPAS) (2.6%).

Insight: May-18, 1Q18 revenue rose 2.6% mainly due to highe... Read More


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