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Straits Times 3,120.11 -14.60 -0.47%
Hang Seng 26,826.37 +162.09 +0.61%
Dow Jones 27,001.98 -22.82 -0.08%
Shanghai Composite 2,975.18 -3.54 -0.12%
STI Lunchbell Top Gainers And Losers – 11/12/14
Lunchbell Update | 11 December 2014
Related stocks:
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5WE
C92
G11
By:

The Straits Times Index (STI) closed down 6.88 point (0.21 percent) at 3,318.93. The market traded on moderate volume of 103.69 million shares traded with 88 gainers and 183 losers as of 12:09pm.

Notable gainers were LH, Magnus Energy, Sinostar Pec and Qingmei, with LH leading the pack.

Notable losers were Moya Asia, China Haida, Xpress and Global Tech, with Moya Asia leading the pack.

In other alerts, Genting Hong Kong’s wholly-owned subsidiary Star Cruises Terminal (China) has entered into an agreement to purchase EXA from Golden Hope, a substantial shareholder of Genting Hong Kong. The US$37.9 million acquisition allows Genting Hong Kong to explore new avenues for its business as EXA holds equity interests in yachts dealing companies, namely Wider S.R.L., Grand Bank Yachts, U-Boat Worx and Wider Yacht Asia.

AP Oil International entered into a sales and purchase agreement with Aik Moh Paints & Chemicals and PT Sari Daya Plasindo, to acquire the collectively owned 60 percent of shares in Heptalink Chemicals. Heptalink Chemicals carries on the business of trading and distribution of chemicals. The consideration of US$625,052 will be paid upon completion, to the respective parties, withholding ten percent as security for indemnity claims and warranty breaches. Based on latest audited financial statements of Heptalink Chemicals for the financial year ended 31 March 2014, the net asset value of the sale shares is US$2.2m

Sinostar PEC Hldgs  -- -- --   
Business: Producer of oil and downstream petrochemical pdts in the PRC.

Insight: Aug-18, 2Q18 revenue jumped 43.8% to Rmb518.2m mai... Read More
Moya Hldgs Asia  0.065 +0.001 +1.56%   
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
China Haida  -- -- --   
Business: Co is engaged in the manufacture and sale of aluminium composite panels [FY18 Geographical] China (68.7%), others (31.3%).

Insight: Feb-19, FY18 revenue fell 3.9% while gross profit ... Read More
Guoan Int'l  -- -- --   
Business: Co sells & distributes cellular handsets & related accessory products, as well as provide repair services for telecom products. [FY18 Turnover] Provision of repair services (59%), trdg of telecom pdts (39.6%), money lending business (1.1%), investments in financial assets (0.3%).

Insight: Mar-19, FY18 revenue slid 5.4% as revenue generate... Read More


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