Nov. 7 (Bloomberg) -- The following companies may have unusual price changes in Asia trading, excluding Japan. Stock symbols are in parentheses, and share prices are from the previous close, unless noted otherwise.

Daewoo Engineering & Construction Co. (047040 KS): Kumho Asiana Group (002990 KS) will close bidding for Daewoo Engineering on Nov. 18, according to an e-mailed statement. Daewoo Engineering, a South Korean builder, fell 1.2 percent to 12,650 won. Kumho was unchanged at 10,050.

Filinvest Land Inc. (FLI PM): The fourth-largest Philippine developer said it won Securities and Exchange Commission approval to sell up to 5 billion pesos ($106 million) of bonds next week. The stock was unchanged at 89 centavos.

Globe Telecom Inc. (GLO PM): The second-largest Philippine mobile phone company said third-quarter net income was 2.6 billion pesos, without giving year-earlier figures. The company also said that dividend payout starting in 2010 will range between 75 percent and 90 percent of previous year’s net income from the current 75 percent. The stock increased 2.6 percent to 975 pesos.

KTB Securities Co. (030210 KS): The South Korean brokerage said it decided not to bid for C&Heavy Industries Co. The company said in May it was considering an acquisition of the shipbuilder. KTB Securities rose 1.4 percent to 4,450 won.

Jardine Cycle & Carriage Ltd. (JCNC SP): Singapore’s biggest car retailer said profit dropped 16 percent for the nine months ended Sept. 30. It called the outlook for the full year “encouraging.” Jardine climbed 0.6 percent to S$22.60.

Ping An Insurance (Group) Co. (2318 HK): The company may be ousted as a cornerstone investor in China Minsheng Banking Corp.’s Hong Kong initial public offering, the Hong Kong Economic Journal reported, citing unidentified people. Ping An may be ousted because China Life Insurance Co. doesn’t qualify and Minsheng believes it will be unfair to accept only one of the two insurers, the Hong Kong-based Chinese-language newspaper said. Ping An added 1.4 percent to HK$71.15.

Ssangyong Motor Co. (003620 KS): The South Korean automaker under bankruptcy protection failed to win enough backing from creditors for its turnaround plan in a meeting held in Seoul. Cha Ki Woong, a spokesman for Ssangyong, commented on the result of the meeting by telephone from the Seoul Central District Court. Ssangyong Motor jumped 15 percent to 3,205 won.

To contact the reporter on this story: Berni Moestafa in Jakarta at bmoestafa@bloomberg.net

Last Updated: November 6, 2009 15:23 EST