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Straits Times 3,113.97 +24.49 +0.79%
Hang Seng 26,308.44 +600.51 +2.34%
Dow Jones 26,816.59 +319.89 +1.21%
Shanghai Composite 2,973.66 +25.95 +0.88%
STI Lunchbell Top Gainers And Losers – 27/01/15
Lunchbell Update | 27 January 2015
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The Straits Times Index (STI) traded at 3,421.22, up 22.70 points (0.67 percent) from previous close, at mid-day. The market traded on moderate volume of 754.9 million shares traded with 202 gainers and 143 losers as of 12:10pm.

Notable gainers were MFG Integration, China Env, Xinren Aluminium, Sincap and Chiwayland Intl, with MFG Integration leading the pack.

Notable losers were Lereno Bio-Chem, Suntar Eco-City, Amplefield, C&G Env Protect and HL Global Ent, with Lereno Bio-Chem leading the pack.

JES International Holdings has entered into a shares subscription agreement with Brilliant Choice International and Sun Yiyi, to which the latter parties will subscribe for 183 million new JES shares at a discounted price of $0.036 each. The subscription shares will represent 15.2 percent of existing issued shares and will increase the share capital of the company by $6.6 million. Proceeds raised will be used to pay off part of an amount owed to JES Overseas Investment.

Following DSAG Investment’s disposal of 36 million shares in Nico Steel Holdings to Parot Tovot, Nico Steel updated that Parot Tovot became a controlling shareholder of the company with 28.4 percent stake. The company and DSAG hope to tap on Parot Tovot’s owner Dov Rauschwerger’s contacts with various private equity funds and key players of various businesses, including the electronics and bio-technology industries, and experience to streamline and diversify its businesses.

Manufacturing Integration Technology  0.084 +0.005 +6.33%   
Business: Co's core business focuses on Contract Equipment Manufacturing comprising built-to-print and customised automation.

Insight: Feb-19, FY18 revenue slid 71.6% mainly due to disc... Read More
China Environment  -- -- --   
Business: Manufactures waste gas treatment systems [FY14 Turnover] Power generation (51.8%), steel & metallurgy (31.6%), chemical & others (16.6%).

Insight: May-16, 1Q16, Co plummeted into the red with 1Q16 ... Read More
Sincap Group  0.006 -- --   
Business: Co primarily trades in thermal coal.

Insight: Mar-18, FY17 revenue grew by 40% to Rmb306.7m main... Read More
C&G Environmental Protection Hldgs  0.001 -- --   
Business: Co develops and operates waste to energy plants in China.

Insight: Mar-19, FY18 Co remains a cash company and no rev... 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: Aug-18, 1H18, Co did not generate any revenue but ... Read More
Nico Steel Hldgs  -- -- --   
Business: [FY19 Turnover] Customised solutions (72%), NICO Brand of metal alloys (28%).

Insight: Apr-19, FY19 revenue rose 14.2% due to stronger de... Read More

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