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Straits Times 3,210.99 -0.50 -0.02%
Hang Seng 27,079.16 -273.53 -1.00%
Dow Jones 27,219.52 +37.12 +0.14%
Shanghai Composite 3,034.41 +3.17 +0.10%
STI Lunchbell Top Gainers And Losers – 12/12/14
Lunchbell Update | 12 December 2014
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The Straits Times Index (STI) closed up 13.11 point (0.4 percent) at 3,331.81. The market traded on moderate volume of 109.79 million shares traded with 179 gainers and 130 losers as of 1:13pm.

Notable gainers were Sinotel Tech, Epicentre, Magnus Energy, CCFH and Polaris, with Sinotel Tech leading the pack.

Notable losers were Darco Water Tech, China Haida, InnoPac, GKE and Elektromotive, with Darco Water Tech leading the pack.

In other alerts, Sitra Holdings (International) announced on behalf of its subsidiary E-Timberhub, an acceptance of terms to a binding letter of intent from Timor Capital Partners Asia to develop a hotel in Timor Leste in a project valued at US$17.5 million. The project will be undertaken by Timor Capital Partners Asia. Under the letter of intent, the proposal is to have Sitra Dove Construction & Logistics, an investee company 18 percent-owned by Sitra Holdings, to carry out building, back-of-home and fitting out works, while E-Timberhub will be responsible for planning offshore logistical arrangements and advice.

WE Holdings disclosed an acquisition of 3 million shares of Jubilee Industries Holdings for a cash consideration of $0.2 million. The company now owns 97.4 million shares, representing 28.8 percent of Jubilee’s capital as of 10 December. The acquisition was funded by internal resources and is not expected to have any material impact on the consolidated net tangible assets and earnings per share of the company for the current financial year of the company ending 31 March 2015.

Epicentre Hldgs  -- -- --   
Business: Co engages in the retail of Apple brand products, and third party and proprietary brand complementary products. [FY18 Turnover] Apple brand (73%), services (19.7%), third-party brand (7.3%).

Insight: Feb-19, 1H19 revenue plunged 68.4% mainly due to t... Read More
Mercurius Capital Investment  0.048 -- --   
Business: Co is in the business of property development and property investment.

Insight: May-19, 1Q19, Co did not register any revenue for ... Read More
Polaris  -- -- --   
Business: Provider of a spectrum of telephony svcs ranging from prepaid communication svcs to wholesale voice traffic.

Insight: May-19, 1Q19 revenue tripled to $9.2m attributed t... 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
Innopac Hldgs  -- -- --   
Business: Co principally engages in investments of marketable securities, financial instruments and investment properties.

Insight: May-19, 9M19 revenue slid 56.3% due to decreased r... Read More
GKE Corp  -- -- --   
Business: Co provides third party logistics services. [FY18 Turnover] Third party logistics (74.6%), infrastructural logistics (25.4%).

Insight: Apr-19, 9M19 revenue rose 17.5% due to higher cont... Read More

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