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 gained 0.3% to 3,182.68.
Ascendas India Trust (AIT SP): The operator of business parks in India said full-year distribution fell 13% to 6.58 cents a share from a year ago. The stock slid 0.5% to 96 cents.
Creative Technology (CREAF SP): The consumer electronics maker whose music players compete with Apple Inc.’s iPod said it had a third-quarter net loss of US$13 million ($16 million), compared with a loss of US$20.8 million a year ago. Its shares lost 0.3% to $3.54.
Guthrie GTS (GUTH SP): The real estate and engineering company said its venture won the bidding for a commercial property in the eastern part of Singapore. The group will pay the government $585.6 million for the site, which will include offices and shops when completed by 2018, it said. Guthrie GTS was unchanged at 50.5 cents.
Nera Telecommunications (NERT SP): The supplier of wireless equipment to the telecommunications industry said first-quarter net income fell 6.8% to $2.3 million from a year earlier. The stock was unchanged at 37.5 cents.
QAF (QAF SP): The Singapore-based baker said first- quarter net income increased to $28.2 million from $14.5 million a year ago. QAF was unchanged at 65 cents.
Raffles Medical Group (RFMD SP): The hospital operator said first-quarter net income increased 16% to $10.5 million from a year ago. The stock was unchanged at $2.21.
SATS (SATS SP): The ground-handling services provider partly owned by Temasek Holdings Pte said it completed the acquisition of a 40% stake in Saudi Arabia’s Adel Abuljadayel Flight Catering Co. for $18.5 million. SATS was unchanged at $2.52.
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