Here are some stocks that could move the market this Tuesday morning.
Sarine Technologies says its diamond evaluation and grading system was adopted for use by Shanghai-based jewellery retailer Shining House to launch its premium cut diamond -- the octagonal Shining Star. Each Shining Star diamond is sold with Sarine's Light Performance certification and Sarine's Profile digital rendition, offering accurate and interactive visual information. Shares of Sarine ended lower at $1.60 on Monday.
KOP, the property, resorts and entertainment group, said certain subsidiaries and directors of the company have received a writ of summons from Bachmeer Capital which is the investment vehicle of Wang Xuan, a substantial shareholder of the group. KOP currently seeking legal advice to defend the claims. On Monday, KOP also reported FY16 earnings plunge to $0.35 million from $12.6 million a year ago due to the absence of $43 million in investment income. The counter closed at 7 cents.
Cityneon Holdings says the 6.1% surge in its share price could have been triggered by a report on The Star Online, the company says in response to a query by the Singapore Exchange. On Monday, the Malaysia-based news portal reported that Cityneon is expected to "contribute significantly" to Star Media Group, which holds a 64% stake in Cityneon. Cityneon closed at 68.5 cents.
Xpress Holdings reveals it is in talks with certain parties to take part in a China supermarket business through a minority stake although no agreement has been reached on the proposed JV and there is no certainty as to whether the JV will take place. The disclosure from Xpress follows a trading query by Singapore Exchange on Monday morning after which the counter was halted near 1pm. Shares of Xpress closed at 77 cents.
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Sarine Technologies says its diamond evaluation and grading system was adopted for use by Shanghai-based jewellery retailer Shining House to launch its premium cut diamond -- the octagonal Shining Star. Each Shining Star diamond is sold with Sarine's Light Performance certification and Sarine's Profile digital rendition, offering accurate and interactive visual information. Shares of Sarine ended lower at $1.60 on Monday.
KOP, the property, resorts and entertainment group, said certain subsidiaries and directors of the company have received a writ of summons from Bachmeer Capital which is the investment vehicle of Wang Xuan, a substantial shareholder of the group. KOP currently seeking legal advice to defend the claims. On Monday, KOP also reported FY16 earnings plunge to $0.35 million from $12.6 million a year ago due to the absence of $43 million in investment income. The counter closed at 7 cents.
Cityneon Holdings says the 6.1% surge in its share price could have been triggered by a report on The Star Online, the company says in response to a query by the Singapore Exchange. On Monday, the Malaysia-based news portal reported that Cityneon is expected to "contribute significantly" to Star Media Group, which holds a 64% stake in Cityneon. Cityneon closed at 68.5 cents.
Xpress Holdings reveals it is in talks with certain parties to take part in a China supermarket business through a minority stake although no agreement has been reached on the proposed JV and there is no certainty as to whether the JV will take place. The disclosure from Xpress follows a trading query by Singapore Exchange on Monday morning after which the counter was halted near 1pm. Shares of Xpress closed at 77 cents.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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