Frasers Commercial, Uni-Asia Finance: Singapore Stocks Preview

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

Singapore’s Straits Times Index fell 0.4 percent to 3,030.86.

Frasers Commercial Trust (FCOT) : The real estate investment trust said in an exchange filing that its three properties in Tokyo and Osaka escaped Japan’s 8.9-magnitude earthquake with minor damage. Thorough inspections were continuing. The shares fell 2.5 percent to 79 Singapore cents.

Singapore Post Ltd. (SPOST SP): The city’s postal company completed the disposal of its stake in subsidiary SingPost Retail Services Ltd., according to a filing to the Singapore stock exchange The stock was unchanged at S$1.16.

Uni-Asia Finance Corp. (UNIAF) : The hotel operator that makes 56 percent of revenue in Japan said in a filing none of its guests or properties were affected by the country’s strongest earthquake on record. Additionally it said none of the vessels managed or partly owned by the company were damaged. The shares dropped 3.9 percent to 25 Singapore cents.

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

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.