The following companies may have unusual price changes in Singapore trading. Stock symbols are in parentheses, and share prices are from the previous close.
Singapore’s Straits Times Index fell 0.6% to 3,125.37.
Chasen Holdings (CHLD SP): The provider of relocation, packing and warehousing services said it won an engineering project in Malaysia worth $2.13 million. The stock was unchanged at 32 cents.
Keppel Land (KPLD SP): The real-estate unit of Keppel Corp. (KEP SP) said first-quarter profit rose 46% to $92.1 million and revenue more than tripled to $357.9 million. Keppel Land lost 0.2% to $4.36.
Mapletree Logistics Trust (MLT SP): The industrial landlord partly owned by Temasek Holdings Pte said it bought the Iljuk Gyeonggi Centre in South Korea for 22 billion won ($25.2 million). Its shares gained 0.6% to 90.50 cents.
Straits Asia Resources (SAR SP): The owner of coal mines in Indonesia said first-quarter net income rose to US$41.4 million ($51.5 million) from US$11.2 million a year earlier. The stock gained 0.8% to $2.56.
United Overseas Bank (UOB SP): A unit of Singapore’s smaller lender by market value plans to sell three-year bonds in its first sale of Australian dollar-denominated debt. The benchmark-sized sale of senior unsecured notes will be priced by tomorrow, according to an e-mailed statement from Australia & New Zealand Banking Group, which is helping manage the sale. UOB, as the lender is known, fell 0.9% to $19.38.
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