Shares in Thailand’s Sri Trang Agro-Industry (SRTA.SI), the world’s biggest rubber producer and exporter, fell 5% on Monday on the Thai stock exchange.
Posts Tagged ‘Shares’
SIA shares drop 1.5% after third-quarter earnings
January 31st, 2011 |
No Comments
Singapore Airlines fell 1.5% to a six-month low of $14.82 after the world’s second-biggest airline by stock market value reported a worse-than-expected drop in third-quarter profit due to charges to pay for antitrust fines.
{jcomments on}
Shares flat at midday, China’s property curbs weigh
January 27th, 2011 |
No Comments
Singapore shares were flat at midday on Thursday, weighed by China’s fresh measures to cool the property market, but container shipping firm Neptune Orient Lines (NEPS.SI) led gains on hopes it will report strong earnings.
By the midday break, the Straits Times Index (STI) <.FTSTI> was up 3.26 points at 3,224.04. The total value of shares traded in the morning session was $838.8 million, up from $815.1 million on Wednesday.
Thai Sri Trang to raise $336m in Singapore IPO; shares skid: Update
January 26th, 2011 |
No Comments
Sri Trang Agro-Industry Pcl (STA.BK), the world’s biggest rubber producer and exporter, plans to raise $336 million in an initial public offering in Singapore, according to a term sheet seen by Reuters.
After a flurry of confusing statements on Wednesday, when the company first said it had scrapped the IPO because of unfavourable market conditions and then corrected itself, it set a price of $1.20 per share for the IPO.
Sri Trang Agro shares slump after setting Singapore IPO price
January 26th, 2011 |
No Comments
Sri Trang Agro-Industry Pcl shares fell the most since August 2005 in Bangkok trading after saying it will sell stock in Singapore at $1.20 a share.
The stock fell as much as 16% to 31 baht as of 11:31 a.m. local time.
{jcomments on}
Shares flat at midday on inflation woes, Keppel Land up
January 25th, 2011 |
No Comments
Singapore shares were flat by the midday break on Tuesday as concerns over inflation and tightening policies in Asia weighed on sentiment, but property developer Keppel Land (KLAN.SI) outperformed the market following its strong earnings.
By the break, the Straits Times Index (STI) <.FTSTI> was up 1.44 points at 3,187.20. The total value of shares traded in the morning session was $845.1 million, up from $562.1 million
Shares dip at midday on US, China fears; Raffles outperform
January 21st, 2011 |
No Comments
Singapore shares fell at midday on Friday due to worries about disappointing U.S. earnings and possible tightening measures by the Chinese government, and traders said they expect more downside.
Asian stocks slipped because of concerns that rising inflation may invite aggressive policy action and hurt growth in the world’s engines like China and India. U.S. shares also fell overnight on lackluster tech and materials earnings.
Zhongmin Baihui Retail Group says all 30m new shares placed out at 30 cents each
January 20th, 2011 |
No Comments
Zhongmin Baihui Retail Group says all 30 million new shares were placed out at 30 cents each at its IPO. This represents 15.3% of Zhongmin Baihui’s enlarged issued share capital post-IPO.
The company owns and operates one of the largest underground shopping malls in Xiamen, Fujian province. The company also manages six other department stores in Quanzhou and Zhangzhou cities in the same province.
Hutchison plans to sell shares in China ports unit: Update 3
January 18th, 2011 |
No Comments
Li Ka-Shing’s Hutchison Whampoa, the world’s biggest container-terminal operator, will sell deep-water port holdings in Hong Kong and southern China, hubs of record global trade, in what may be Singapore’s largest-ever initial public offering.
The company will retain a stake of about 25% in the trust that will own terminals in Hong Kong and neighboring Guangdong province, port operations along the Pearl River and shipping-support businesses, it said in a statement today.
Mitsubishi Electric’s Singapore unit to subscribe to 35m new CNA shares for $6.7m
January 17th, 2011 |
No Comments
Mainboard-listed CNA Group says Mitsubishi Electric Asia Pte Ltd (MEAP), the wholly-owned Singapore subsidiary of Mitsubishi Electric Corporation (MELCO), has agreed to subscribe to 35 million new CNA shares or 14.8% or of CNA’s enlarged share capital for $6.7 million.
This works out to be 19 cents per subscription share, a 3.8% discount to the weighted average price of CNA’s shares traded on Jan 17.
XMH Holdings offers 100.95 million shares at $0.25 each in IPO
January 14th, 2011 |
No Comments
XMH Holdings aims to sell 100.95 million shares at 25 cents each in its initial public offering on the Singapore stock exchange, according to an e-mailed statement today.
{jcomments on}
Investor sells 24 million shares in Raffles Medical: Update
January 14th, 2011 |
No Comments
An undisclosed investor is selling about 24 million shares, or about a 4.7% stake, in Singapore medical services provider Raffles Medical (RAFG.SI) for $2.26 per share, sources familiar with the matter said.
Raffles Medical shares fell as much as 6.2% on Friday. At midday, the stock was down 4.5% at $2.32 on a volume of 26.4 million shares.
Investor sells 24 million shares in Singapore’s Raffles Medical
January 14th, 2011 |
No Comments
An undisclosed investor is selling about 24 million shares, or about a 4.7% stake, in Raffles Medical (RAFG.SI), a Singapore medical services provider, for $2.26 per share, sources familiar with the matter said.
Raffles Medical shares fell as much as 6.2% on Friday. At 12:42 p.m., the stock was down 4.5% at $2.32 on a volume of 26.4 million shares.
UBS is handling the deal, according to the sources.
UBS declined comment and the comp[any was not immediately available.
{jcomments on}
Singtel says buys $39m worth of shares in Bharti Airtel
January 11th, 2011 |
No Comments
Singapore Telecommunications (STEL.SI) said on Tuesday it has paid $39 million for 4.07 million shares in Bharti Airtel, pushing up its stake in the Indian firm to 32.15% from 32.04% previously.
Singtel stock closed up 0.66% on Tuesday at $3.07.
{jcomments on}
Lohan shares friendly dinner with Ronson
January 11th, 2011 |
No Comments
Hollywood actress Lindsay Lohan was recently seen enjoying a friendly dinner with her ex-girlfriend Samantha Ronson at a restaurant. Lohan moved into a house next door to Ronson’s in Venice, California, after finishing her rehab stint earlier this month. After meeting at Ronson’s home, they headed to Joe’s in Venice for dinner. They “shared a [...]
Swing Media Technology carries out placement of 290m new shares to raise $11.8m
January 10th, 2011 |
No Comments
Mainboard-listed company Swing Media Technology Group says a group of investors has agreed to subscribe to 290 million new ordinary shares in the capital of Swing Media at the price of $0.0409 per share for an aggregate of $11,861,000.
Swing Media says the placement will result in an injection of funds into the company and will enable the Company to repay bank borrowings and increase its working capital in order to fund its existing business operations.
Shares down at midday on profit-taking; Kim Eng surges
January 7th, 2011 |
No Comments
Singapore shares were down at midday on Friday, pulling back after a rally in the first few trading sessions of the year, but stockbroker Kim Eng (KEHS.SI) outperformed the broader market after Malaysian lender Maybank made a bid for the firm.
Maybank (MBBM.KL), Malaysia’s largest lender by assets, is snapping up Kim Eng for $1.4 billion in a move to strengthen its grip on the regional stock broking industry and diversify the lender’s source of overseas revenue.
Shares up at midday; GLP, banks among the top actives
January 5th, 2011 |
No Comments
Singapore shares edged higher on Wednesday as renewed interest in Global Logistic Properties (GLP) (GLPL.SI) and the city-state’s three local banks was offset by profit-taking on oil and commodity-related plays.
By the midday break, the Straits Times Index (STI) <.FTSTI> was up 0.1%, or 2.86 points, to 3,253.15. The total value of shares traded was $1 billion, slightly lower than $1.1 billion during Tuesday’s morning session.
By the midday break, the Straits Times Index (STI) <.FTSTI> was up 0.1%, or 2.86 points, to 3,253.15. The total value of shares traded was $1 billion, slightly lower than $1.1 billion during Tuesday’s morning session.
Shares up on US production data, coal shortage lifts Straits Asia
January 4th, 2011 |
No Comments
Singapore shares rose 0.6% by the midday break on Tuesday, following the regional stock market trend as investors took heart from strong U.S. manufacturing data reported overnight.
Indonesia-based coal miner Straits Asia Resources (STRL.SI) was amongst the outperformers, as concerns that a shortage of coal due to heavy flooding in Australia could lift prices and benefit miners outside of Australia, traders said.