The following companies may have unusual price changes today in Asian trading, excluding Japan. Stock symbols are in parentheses, and share prices are from the previous close, unless noted otherwise.
AU Optronics Corp. (2409) (2409 TT): Taiwan’s second-largest maker of liquefied-crystal displays has experienced no short-term impact on its supplies after the March 11 Japan earthquake, with some materials makers there already resuming production, Executive Vice President Paul Peng told Bloomberg News in Taipei. AUO is looking for alternative vendors, with stability of power supply being a key factor, Peng said. The stock plunged 5.6 percent to NT$24.35.
Berjaya Sports Toto Bhd. (BST) : The Malaysian lottery operator said profit in the third quarter ended Jan. 31 rose 17 percent from a year earlier to 114.9 million ringgit ($37 million), bolstered by income from its Philippine unit, according to a company statement. The shares were unchanged at 4.09 ringgit.
Brem Holding Bhd. (BREM) : The Malaysian construction and property group said it agreed to buy industrial land from Roca Malaysia Sdn. for 48 million ringgit, according to a company statement. Brem fell 0.8 percent to 1.32 ringgit.
Chimei Innolux Corp. (3481) (3481 TT): Taiwan’s largest maker of flat panels plans to ship 3 million 3D panels for a market share of about 35 percent in China this year, the Miaoli, Taiwan-based company said in a statement on its website. Chimei sank 5.9 percent to NT$29.45.
Hong Kong & China Gas Co. (3 HK): The piped-fuel supplier controlled by billionaire Lee Shau-kee posted full-year net income of HK$5.6 billion ($718 million), according to a statement to the stock exchange. That compares with the average HK$4.9 billion of eight estimates compiled by Bloomberg. Hong Kong & China Gas declined 2.4 percent to HK$17.56.
KCC Corp. (002380) (002380 KS): The South Korean construction materials maker plans to spend 2 trillion won ($1.8 billion) on building a plant for light-emitting diodes and solar-energy battery components by 2015, Edaily reported, citing a company statement. KCC slid 1.3 percent to 314,000 won.
Keppel Corp. (KEP SP): Japan Drilling Co. ordered a drilling rig from the company’s unit, Keppel FELS Ltd. The cost of building the vessel, which will be delivered in March 2013, is $210 million, Japan Drilling said in a statement to the Tokyo Stock Exchange. Keppel, the world’s biggest builder of oil rigs, fell 3.9 percent to S$11.36.
Posco (005490 KS): South Korea’s biggest steelmaker sent letters to Japanese rivals offering cooperation after a record earthquake and tsunami in the neighboring nation, according to a statement from Pohang-based Posco. (005490) The letters sent March 14 from Chief Executive Officer Chung Joon Yang to Nippon Steel Corp., JFE Holdings Inc. and Sumitomo Metal Indiustries Ltd. didn’t detail the type of cooperation. Posco dropped 3.5 percent to 471,000 won.
Sunchirin Industries (Malaysia) Bhd. (SCR MK): The Malaysian automobile components maker said it will invest 40 million ringgit this year to expand its Thai operations. The company aims to open a new plant in November which will double its capacity in the country, Sunchirin said in an e-mailed statement. The stock was unchanged at 1.80 ringgit.
Tabcorp Holdings Ltd. (TAH) : The Australian gambling and entertainment group is seeking as much as A$2.5 billion ($2.5 billion) in loans as it prepares to separate its betting and casino businesses, Reuters reported, citing unidentified people. Tabcorp retreated 1.9 percent to A$7.15.
Taiwan Semiconductor Manufacturing Co. (2330 TT): The world’s largest contract chipmaker bought NT$626 million ($21 million) of equipment from Applied Materials South East Asia Pacific Ltd. from March 8 to 15, Hsinchu-based TSMC said in a statement to Taiwan stock exchange. The stock fell 3.3 percent to NT$68.
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