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 0.1% to 3,184.99.
Allgreen Properties (AG SP): The Singapore-based real estate company controlled by Malaysian billionaire Robert Kuok said first-quarter net income increased to $84.5 million from $34.9 million a year ago. Allgreen was unchanged at $1.17.
C&O Pharmaceutical Technology Holdings (COPT SP): The Chinese drugmaker said it’s been appointed the exclusive distributor of Flumarin, an injectable antibiotic, in China by Japanese pharmaceutical company Shionogi & Co. The stock was unchanged at 38 cents.
Chemoil Energy (CHEME SP): The supplier of marine fuels said it expects first-quarter net income will surpass US$20 million ($24.6 million) on increased volumes and improved margins. Chemoil rose 1.5% to 34.5 cents.
DBS Group Holdings (DBS SP), Southeast Asia’s biggest bank, reported first-quarter net income of $807 million, compared with $532 million a year earlier. Analysts had expected profit of $755 million, based on four estimates compiled by Bloomberg. DBS added 0.1% to $14.92.
Jardine Cycle & Carriage (JCNC SP): The automotive distributor said first-quarter underlying profit increased 45% to US$251 million ($308 million) from a year ago. The stock climbed 3% to $37.74.
Total Access Communication Pcl (DTAC SP): Thailand’s second-biggest mobile-phone company said its first-quarter net income increased to 3.33 billion baht ($136.7 million) from 2.44 billion baht a year ago. Its shares lost 1.2% to US$1.64 ($2.01).
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