Singapore share prices ended slightly higher on Monday. The blue-chip Straits Times Index rose 0.19% or 5.91 points to end at 3,105.84. Here are some stocks and factors that could affect the market this Tuesday morning:
Pan United Corp has posted a 4% rise in full-year earnings to $52.1 million from a year ago as revenue rose 2% to $727.4 million. For the 4Q ended Dec, earnings came in at $11.9 million, up 37% a year ago even as revenue stayed flat at $186.3 million.
Jaya Holdings, the offshore energy services company, said it would be selling its subsidiaries to Australia-listed Mermaid Marine Australia for $625 million. The sale, representing all of Jaya's businesses, comes after a strategic review conducted by Jaya in September last year.
Sembcorp Industries is planning to expand two of its utilities facilities. Its wind power plant in Huanghua, Hebei province, will see its wind power capacity increase by almost 50%, and its industrial water plant in Nanjing, Jiangsu province, will have its industrial water capacity doubled.
Viva Industrial Trust (VIT), the business park and industrial trust, has posted a distribution per stapled security (DPS) of 1.080 cents for the financial period starting from its date of listing on 4 November 2013 to 31 December 2013, on net property income of $6 million and gross revenue of $9 million, which have exceeded forecast.
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