Bloomberg News

CapitaMall Trust, Himart, Piramal Health : Asia Stocks Preview

May 03, 2012

The following companies may have unusual price changes in Asian trading tomorrow. Stock symbols are in parentheses and share prices are as of the latest close. The information in each item was released after markets shut unless stated otherwise.

CapitaMall Trust (CT) : Singapore’s largest retail property trust by market value said it agreed to sell Hougang Plaza, a shopping mall in the northeastern part of the city, for S$119.1 million ($96 million). The stock gained 0.6 percent to S$1.815.

Cerebos Pacific Ltd. (CER) : The maker of Brands Essence of Chicken health tonic said first-quarter net income dropped 13 percent from a year earlier to S$25.3 million. The shares added 0.7 percent to S$5 .89.

Himart Co. (071840) (071840 KS): Shareholders plan to resume their stake sale. They will receive initial bids by May 14, according to a regulatory filing. The South Korean home appliance retailer dropped 1.6 percent to 57,100 won.

Piramal Healthcare Ltd. (PIHC) : The Indian drugmaker posted a fourth-quarter group loss of 386.8 million rupees, compared with a profit of 2.02 billion rupees in the same quarter last year, according to an exchange filing. The stock slid 1.3 percent to 435.55 rupees.

Woori Finance Holdings Co. (053000) (053000 KS): The company said first-quarter profit rose 33 percent, helped by the sale of its stake in SK Hynix Semiconductor Inc. and a decline in bad-loan provisions. South Korea’s largest financial group by assets fell 0.8 percent to 12,150 won.

To contact the reporters on this story: Jonathan Burgos in Singapore at jburgos4@bloomberg.net; Saeromi Shin in Seoul at sshin15@bloomberg.net

To contact the editor responsible for this story: Richard Frost at rfrost4@bloomberg.net


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