Singapore share prices ended 0.15% lower on Tuesday, as investors await key economic news from around the world later in the week. The blue-chip Straits Times Index (STI) edged down 4.97 points at 3,237.74, after trimming losses from earlier in the day. Here are some stocks that could move the market this Wednesday morning:
Blumont Group said the police were probing its acquisitions as part of an investigation into the company following a penny-stock crash last year. The Commercial Affairs Department (CAD), Singapore's white-collar crime police unit, has asked Blumont to give it access to documents relating to some acquisitions, including completed and proposed deals, the company said in a statement to the Singapore stock exchange on Tuesday.
Starhill Global REIT reported a distribution per unit (DPU) of 1.24 cents for its first quarter ended March 31, to be paid on May 30. The latest distribution was a 9.5% drop from 1.37 cents paid out a year ago. On an annualised basis, the latest distribution represents a yield of 6.37%.
Tuan Sing Group's net profit for the 1QFY2013 ended March, 2014 rose 33% to $7.7 million from $5.8 million a year earlier, even as revenue slipped 6% to $61.3 million. Earnings per share were 0.7 cent, up from 0.5 cent a year earlier.
A 99-year private housing site in Sims Drive has attracted four bids at a state tender that closed on Tuesday. The top bid, from Guocoland unit First Changi Development, was $530.891 milion. This translates to $687.88 per square foot per plot ratio (psf ppr). The second highest bid, translating to $650.45 psf ppr, was made by a City Developments, Hong Leong Holdings and TID joint venture.
Soilbuild Business Space Reit posted a distribution per unit (DPU) of 1.562 cents for its first quarter ended March 31, 2014. That's 6.1% higher than forecast in its prospectus.
No comments:
Post a Comment