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Straits Times 3,114.25 +37.16 +1.21%
Hang Seng 26,087.98 -6.81 -0.03%
Dow Jones 24,025.40 -75.11 -0.31%
Shanghai Composite 2,597.97 +4.23 +0.16%
STI Lunchbell Top Gainers And Losers – 05/03/15
Lunchbell Update | 13 March 2015
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The Straits Times Index (STI) traded at 3,411.17, down 4.36 points (0.13 percent) from previous close, at mid-day. The market traded on moderate volume of 559.4 million shares traded with 152 gainers and 184 losers as of 12:49pm.

Notable gainers were Ouhua Energy, Ban Leong, Elektromotive, IPCO Intl and Amplefield Ltd, with Ouhua Energy leading the pack.

Notable losers were Infinio, LH, Top Global, Yong Xin Intl and Joyas Intl, with Infinio leading the pack.

Civil engineering solutions provider Oxley Holdings has entered into a 49:51 joint venture (JV) with Lian Beng Group, for the development of a land parcel at Tampines North Drive 1, which has a site area of 27,395.2 square metres. The parcel was awarded to the JV company, Goldprime Land, for $64.4 million and is zoned under “Business 2”, which is intended to be utilised for industry, warehouse, utilities and telecommunication uses.

Thakral Corporation posted a 21 percent increase in revenue to $499.9 million for the year ended 31 December 2014, due to improved rental income and project returns as well as higher sales in the lifestyle division. However, gross profit declined 7.2 percent to $24 million due to weak demand impacting gross margins as well as necessitating allowances for ageing inventories. Consequently, despite strong contributions from the investment division, the firm remains in the red with a net loss of $0.1 million.

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-18, 1Q18 revenue rose 2.4% mainly due to an in... Read More
Ban Leong Technologies  -- -- --   
Business: Co engages in the wholesale and distribution of computer peripherals, accessories, and other multimedia products. [FY18 Turnover] Multimedia (65.2%), IT accessories (32.9%), data storage (1.9%).

Insight: May-18, FY18 revenue increased by 12.9% from stron... Read More
Renaissance United  0.002 -- --   
Business: Co operates as a developer, turnkey contractor, and investor in oil and gas, power, transportation, water and environment, and industrial infrastructure projects. [FY18 Turnover] Gas distribution (60%), electronics and trading (40%).

Insight: Jun-18, Co achieved a 26.3% increase in FY18 turno... Read More
Amplefield  -- -- --   
Business: An investment holdings company that is engaged in property development and construction and a facilities provider. [FY17 Turnover] Facilities provider (99.8%), property development & construction (0.2%).

Insight: Aug-18, 1H18 revenue increased to $3.3m due to hig... Read More
Rich Capital  0.006 -- --   
Business: Co is engaged in the mining & resources biz.

Insight: Nov-17, Co recorded no revenue for 1H18 mainly due... Read More
Joyas Int'l Hldgs  -- -- --   
Business: Engaged in the design, manufacture & sale of metal gift products & jewelry products.

Insight: Feb-18, FY17 revenue slid 97.6% in the absence of ... Read More
Oxley Hldgs  0.285 -- --   
Business: Co is a ppty developer specialising in residential cum commercial devts.

Insight: Nov-18, 1Q19 revenue slid 45.2% due to lower reven... Read More


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