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Straits Times 3,158.80 -8.04 -0.25%
Hang Seng 26,468.95 -285.17 -1.07%
Dow Jones 27,253.42 +106.34 +0.39%
Shanghai Composite 2,999.28 +13.62 +0.46%
STI Lunchbell Top Gainers And Losers – 26/12/14
Lunchbell Update | 26 December 2014
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The Straits Times Index (STI) closed down 2.05 point (0.06 percent) at 3,343.86. The market traded on moderate volume of 21.56 million shares traded with 141 gainers and 148 losers as of 12:39pm.

Notable gainers were LifeBrandz, Magnus Energy, Sinostar Pec, Pavillon and Hoe Leong, with LifeBrandz leading the pack.

Notable losers were Ouhua Energy, WE, Jasper Inv, M Development and CEFC Intl, with Ouhua Energy leading the pack.

The Straits Trading Company has entered into a share transfer agreement to dispose all shares of its indirect subsidiary Shanghai Straits Trading Co, to Baijia International Group (Hong Kong) for a consideration of Rmb19.3 million. After the disposal, Shanghai Straits Trading Co will cease to be a subsidiary of the company.

Wee Hur Holdings has acquired a 16,946 square metres plot of land located in Woolloongabba, Brisbane, from a third party for a consideration of AUD51.3 million ($55.2 million). The acquisition is in line with the company’s strategy to venture into overseas property development, and the company will in due time acquire an additional 2,194 square metres of land for AUD5.2 million ($5.6 million), a necessary acquisition as it forms part of the intended development.

Sinostar PEC Hldgs  0.200 -- --   
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
Pavillon Hldgs  -- -- --   
Business: Co is an investment holding company, operates, manages, and franchises restaurants. It was previously known as Thai Village Hldgs.

Insight: Aug-18, 1H18 revenue declined 8% to $7.4m mainly d... Read More
Hoe Leong Corp  -- -- --   
Business: Co is engaged in the trading & distribution of spare parts for heavy eqmt and industrial machinery, design & manufacturing and barge/vessel chartering. [FY18 Turnover] Design & mfr (60.1%), trdg & distribution (23.6%), vessel chartering (16.3%).

Insight: May-19, 1Q19 revenue rose 11.2% due to increased r... Read More
Ouhua Energy Hldgs  -- -- --   
Business: Co engages in engrg, trdg and contracting svcs in the offshore oil & gas, petrochemical, chemical & marine industries and electronics industry.

Insight: May-19, 1Q19 revenue rose 33% due to increased sal... Read More
Jasper Investments  0.004 +0.001 +33.33%   
Business: Principally invests in the offshore oil and gas drilling and svcs sector - key subsi, Jasper Offshore, owns oil rigs for deep sea drilling that are contracted out for exploration and pdtn activities.

Insight: May-19, FY19, Co did not register any revenue for ... Read More
M Development  -- -- --   
Business: Trdg of electronic components.

Insight: Feb-17, FY16 revenue decreased by 24.7% to $0.5m. ... Read More
AnAn Int'l  0.004 -0.001 -20.00%   
Business: Engaged in trading petroleum and petrochemical products. [FY18 Turnover] Distribution (99.1%), wholesale (0.1%).

Insight: Feb-19, FY18 revenue decreased 12% due to a cessat... Read More

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