May 1 (Bloomberg) -- The following companies may have unusual price changes in Asia trading, excluding Japan. Stock symbols are in parentheses, and share prices are from the previous close, unless noted otherwise.
Allied Gold Ltd. (ALD AU): The owner of the Simberi mine in Papua New Guinea’s gold sales in the quarter ended March 31 reached 14,063 ounces, a stock exchange filing showed. The realized price was $1,100 an ounce while the cash cost was $754 an ounce, it said. The stock increased 4 percent to 39 Australian cents.
Atlas Iron Ltd. (AGO AU): The Australian iron ore producer mined 389,703 ore tons for the quarter ended March 2010 and had A$114.8 million of cash at the end of the period, a stock exchange filing showed. The stock increased 0.4 percent to A$2.52.
China Oilfield Services Ltd. (2883 HK): The unit of the nation’s largest offshore oil producer was cut to “accumulate” from “buy” by CICC analyst Tony Zhang. The stock gained 3.6 percent to HK$11.06.
Damansara Realty Bhd. (DR MK): The Malaysian property developer said two major shareholders including Johor Corp. offered to buy the rest of the company’s shares they don’t already own at 80 sen each. The company doesn’t intend to seek an alternative bidder, it said in a statement. The stock gained 2 percent to 78 sen.
Evergreen Marine Corp. (2603 TT): Taiwan’s biggest container-shipping line posted a smaller-than-estimated first-quarter loss of NT$87 million ($2.8 million), compared with a loss of NT$2.74 billion a year earlier, as the global economic recovery spurred demand for cargo shipments. The stock increased 6.9 percent to NT$20.15.
KB Financial Group Inc. (105560 KS): The owner of South Korea’s largest bank will study acquisitions when opportunities arise, Deputy President Choi In Gyu said. The stock gained 0.9 percent to 54,500 won.
KCC Corp. (002380 KS): The South Korean maker of paint and related products had a 96.8 billion won ($87.4 million) profit in the first quarter on 600.6 billion won of sales, a stock exchange filing showed. The stock rose 0.3 percent to 313,000 won.
Kishin Corp. (092440 KS): The South Korean manufacturer of injection molding products had a 16 billion won profit in its fiscal year ended March 31, 2010, on sales of 83.4 billion won. The stock increased 0.4 percent to 8,520 won.
Hanjin Shipping Co. (117930 KS): South Korea’s largest container-box carrier plans to sell about 300 billion won ($271 million) of bonds, according to two people with direct knowledge of the matter. The Seoul-based company plans to sell notes to refinance maturing debt, said a Hanjin Shipping official, declining to give further details, or be identified by name. The stock increased 0.6 percent to 32,500 won.
Taiwan Semiconductor Manufacturing Co. (2330 TT): The world’s No. 1 contract manufacturer of chips said it bought NT$1.82 billion of equipment from Marketech International Corp. (6196 TT) and Chen Yuan International Co. Taiwan Semi increased 0.3 percent to NT$61.8. Marketech fell 2.6 percent to NT$17.
Telekom Malaysia Bhd. (T MK): The Employees Provident Fund, Malaysia’s largest pension fund, disclosed net purchases of 3.4 million shares in the nation’s biggest fixed-line operator, a stock exchange filing showed. The share purchases, made between April 23 and 26, raised the fund’s stake in Telekom to 10.9 percent, according to the filing. Telekom was unchanged at 3.47 ringgit.
To contact the reporter on this story: Ian C. Sayson in Manila at firstname.lastname@example.org
To contact the editor responsible for this story: Linus Chua at email@example.com