The following shares were among the most active in the market. Stock symbols are in parentheses after the company names.
CapitaLand Ltd. (CAPL) , Southeast Asia’s biggest developer, climbed 2.4 percent to S$2.61. The company said it agreed to sell its entire 100 percent stake in Shanghai CapitaLand Xin Chuang Real Estate Development Co. for 852 million yuan ($133.88 million).
Chip Eng Seng Corp. (CHIP) , a construction company, increased 1.3 percent to 38.5 Singapore cents. The company said it won a bidding for a site in central Singapore for hotel development. Chip Eng Seng offered S$189 million ($147 million) for the property.
Jasper Investments Ltd. (JASP) , a provider of oil and gas drilling services, jumped 20 percent to 7.3 Singapore cents after a unit of Keppel Corp. (KEP SP) increased its stake in the company to 5.9 percent from 4.9 percent previously.
Keppel Telecommunications & Transportation Ltd. (KPTT) , the provider of logistics services and operator of data centers, rose 2.6 percent to S$1.18. The company said it has signed a joint venture agreement with Securus Data Property Trust to establish and operate a data center in Sydney, Australia.
To contact the reporter on this story: Jonathan Burgos in Singapore at firstname.lastname@example.org
To contact the editor responsible for this story: Nick Gentle at email@example.com