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 lost 0.4% to 3,171.55.
Malacca Trust (MTL SP): The Indonesia-based financial services company will start trading today. The company sold 85 million new shares at 22 cents each, raising total proceeds of $18.7 million.
Neptune Orient Lines (NOL SP): Southeast Asia’s biggest container carrier said average freight revenue in the four weeks to July 1 decline 13% from a year earlier. It transported 5% more cargo during the period, the company said. The stock lost 0.3% to $1.45.
OKP Holdings (OKP SP): The Singapore-based road builder said second-quarter net income increased 61% to $6.9 million from a year earlier. OKP added 0.8% to 65 cents.
Sembcorp Industries (SCI SP): The industrial conglomerate that gets about 46% of its revenue from utilities said a unit got a $121 million refuse collection and recycling contract in Singapore. The stock fell 0.8% to $5.10.
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