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.
Beijing Jingkelong Supermarket Chain Group Co. (814 HK): The supermarket operator will “temporarily” withhold 20 percent of final dividends to be paid to shareholders of its Hong Kong-traded shares for possible tax payments under Chinese tax regulations, according to a statement to the Hong Kong stock exchange. The stock climbed 1.8 percent to HK$9.96.
Chimei Innolux Corp. (3481) (3481 TT): Taiwan’s largest maker of liquid-crystal displays said workers weren’t asked to take annual leave, denying a local media report yesterday. Employee attendance is normal, the Miaoli, Taiwan-based company said. Chimei fell 4.6 percent to NT$22.65.
First Philippine Holdings Corp. (FPH) : The Philippine company that has investments in power generation bought back 350,000 shares in the open market at 58.10 pesos each, a stock- exchange filing showed. Philippine Holding increased 0.5 percent to 58.20 pesos.
Hana Financial Group Inc. (086790) (086790 KS): South Korea’s fourth-biggest financial company plans to complete talks this month over the extension of its planned purchase of Korea Exchange Bank (004940 KS) from Lone Star Funds, the Maeil Business newspaper reported, citing financial industry officials it didn’t identify. Hana Financial said on June 18 it remains in talks with Lone Star to renew the Korea Exchange Bank deal.
Hana Financial rose 2.4 percent to 36,600 won and Korea Exchange Bank (004940) advanced 3.2 percent to 9,770 won.
PT Garuda Indonesia (GIAA IJ): Indonesia’s biggest airline ordered 25 Airbus SAS A320s, including 10 A320neos, as it replaces a fleet of Boeing Co. single-aisle aircraft at its low- cost unit. The contract, worth about $2.2 billion at list prices, also includes options for another 25 A320neo planes, Garuda Chief Financial Officer Elisa Lumbantoruan said by e-mail. Garuda was unchanged at 530 rupiah.
Samsung Electronics Co. (005930 KS): Chairman Lee Kun Hee expects group earnings to decline “slightly” in the first half of this year, MoneyToday reported, citing comments Lee made to reporters. Samsung Electronics, the world’s second-biggest maker of mobile phones by sales, gained 1.8 percent to 814,000 won.
Scientex Bhd. (SCI) : The Malaysian chemicals company’s profit in the third quarter ended April 30 rose 21 percent from a year earlier to 20.4 million ringgit ($6.7 million) as sales climbed, according to a company statement. Scientex fell 0.4 percent to 2.70 ringgit.
Sime Darby Bhd. (SIME) : The Malaysian plantation, property and auto group has set up a company in China to supply process equipment and heat exchangers, the company said in a statement. The stock was unchanged at 9.19 ringgit.
Semirara Mining Corp. (SCC) : The largest Philippine coal producer’s board approved a plan to expand its power generation capacity by 600 megawatts, a stock-exchange filing showed. The stock declined 3.9 percent to 208.20 pesos.
United Microelectronics Corp. (2303) (2303 TT): The world’s second-largest maker of custom chips bought NT$540 million ($18.7 million) of equipment from Novellus Systems International from Nov. 25 to June 21, the Hsinchu, Taiwan-based UMC said in a statement to the Taiwan stock exchange. UMC climbed 0.7 percent to NT$14.30.
To contact the reporter on this story: Berni Moestafa in Jakarta at firstname.lastname@example.org
To contact the editor responsible for this story: Darren Boey at email@example.com