The following companies may have unusual price changes in Singapore trading today. Stock symbols are in parentheses and share prices are from the previous close. Singapore’s Straits Times Index added 0.4% to 3,138.51.
Ascott Residence Trust (ART SP): The serviced-apartment operator partly owned by CapitaLand (CAPL SP) said second- quarter distributable income more than doubled to $26.3 million from $11.6 million a year earlier. Ascott added rose 0.9% to $1.19.
Broadway Industrial Group (BWAY SP): The maker of components used in disk drives said second-quarter net income slumped 64% from a year earlier to $3.7 million. The stock was unchanged at 42 cents.
Dyna-Mac Holdings (DMHL SP): The provider of offshore engineering services said fourth-quarter net income climbed 29% from a year earlier to $7.6 million. The shares gained 2.9% to 54 cents.
Keppel Corp. (KEP SP): The world’s biggest maker of oil platforms said second-quarter net income rose 9.3% from a year earlier to S$384.9 million. That beat the average estimate of S$341.5 million by four analysts compiled by Bloomberg. Keppel Corp added 0.2% to S$10.82.
Kitchen Culture Holdings (KCH SP): The supplier of kitchen appliances will start trading today. The company sold 17 million new shares at 30 cents each, raising total proceeds of $5.1 million
Mapletree Logistics Trust (MLT SP): The owner of warehouses and industrial properties in seven markets including China and Japan said second-quarter distributable income increased to $38.8 million from $30.9 million a year earlier. The stock was unchanged at 94 cents.
Suntec Real Estate Investment Trust (SUN SP): The property trust partly owned by billionaire Li Ka-shing said second-quarter distributable income increased 22% from a year earlier to $56.2 million. The shares were unchanged at $1.535.
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