Auswin, Midas, Wilmar International: Singapore Stocks Preview

The following companies may have unusual price changes in Singapore today. Stock symbols are in parentheses, and share prices are from the previous close.

Singapore’s Straits Times Index dropped 0.6 percent 3,192.18.

Auswin Holdings Ltd. (AUSW SP): The producer of materials for waterproofing and protecting concrete said its loss for the six months ended Dec. 31 probably widened from the same period a year earlier, without providing the numbers. The stock was unchanged at 5.5 Singapore cents.

Hiap Seng Engineering Ltd. (HSE SP): The provider of oil- engineering services said it received a Letter of Intent for a contract worth about S$10.3 million ($8.1 million) for a project in Singapore. The stock plunged 12 percent to 56.5 Singapore cents.

Midas Holdings Ltd. (MIDAS SP): The maker of aluminum alloy profiles used in train carriages said it won an order of 82 million yuan ($12.5 million) from CNR Changchun Railway Vehicles Co. Midas lost 1.6 percent to 93.0 Singapore cents.

Wilmar International Ltd. (WIL SP): The world’s biggest palm-oil trader said it won approval from the Securities & Exchange Commission of Ghana to buy Benso Oil Palm Plantation Ltd. Wilmar gained 0.9 percent to S$5.43.

To contact the reporters on this story: Norie Kuboyama in Tokyo at nkuboyama@bloomberg.net; Hanny Wan in Hong Kong at hwan3@bloomberg.net

To contact the editor responsible for this story: Nick Gentle at ngentle2@bloomberg.net.

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