Nov. 23 (Bloomberg) -- The following companies may have unusual price changes in Asian trading tomorrow. Japanese markets were closed today for a national holiday. Stock symbols are in parentheses, and share prices are as of the latest close. The information in each item was released after markets shut unless stated otherwise.
Bangkok Bank Pcl (BBL TB): Thailand’s biggest lender expects lending to grow 6 percent to 8 percent next year in line with economic growth, Chairman Kosit Panpiemras said. The bank’s non-performing loans may rise 0.5 percent to 3.5 percent of total lending in the first quarter next year because the floods prompted customers to seek suspensions or extensions on debt payments, said Senior Executive Vice President Suwan Tansathidya. The shares dropped 1.1 percent to
CDS Co. (2169 JQ): The Nagoya Stock Exchange approved the listing of CDS shares on the bourse’s second section on Nov. 29, allowing investors to trade the shares both on the exchange and Osaka Securities Exchange’s Jasdaq market, the developer of computer-aided design systems said in a release. CDS slid 1.2 percent to 92,000 yen.
China Hong Kong Photo Products Holdings Ltd. (1123 HK FA Financial Analysis): The distributor of printing products said profit for the six months ended Sept. 30 was HK$4.34 million ($556,917) compared with HK$5.27 million a year earlier. The stock declined 1.9 percent to 52 Hong Kong cents.
DeNA Co. (2432 JT): The social media website operator will tie up with VNG Corp., Vietnam’s largest Internet company, to bring VNG’s social games exclusively through Mobage, DeNA’s global social gaming network. DeNA fell 3.2 percent to 2,229 yen.
Kuala Lumpur Kepong Bhd. (KLK MK): The Malaysian palm oil producer said fiscal fourth-quarter net income rose 48 percent from a year earlier to 460.6 million ringgit, according to a stock filing. The shares rose 1.8 percent to 21.38 ringgit.
JFE Holdings Inc. (5411 JT): The Japanese steelmaker will produce 300,000 tons less than it forecast last month because of floods in Thailand and a global economic slowdown, the Nikkei newspaper reported, citing the company. JFE shares rose 2.3 percent to 1,274 yen.
Nidec Corp. (6594 JO): The world’s biggest maker of motors for hard-disk drives restarted a parts plant in Thailand’s Rojana industrial park on Nov. 21, according to a statement. The stock climbed 1.8 percent to 6,720 yen.
Nishimatsuya Chain Co. (7545 JT): The apparel retailer said same-store sales in the month ended Nov. 20 fell 13.9 percent from a year earlier due to sluggish sales of winter clothes. The stock lost 0.5 percent to 573 yen.
Nomura Holdings Inc. (8604 JT): The broker has approached private equity firms including KKR & Co.and TPG about the possible sale of Nomura Real Estate and Nomura Research Institute, the Financial Times reported, cites people familiar with the matter. Nomura fell 1.7 percent to 237 yen.
NTT DoCoMo Inc. (9437 JT): Japan’s biggest wireless provider plans to expand its range of smartphone content and services, the Nikkei newspaper reported. The company’s shares closed lower at 136,600 yen.
Olympus Corp. (7733 JT): Former President Michael C. Woodford arrived in Japan for the first time since he was ousted last month, setting up a showdown with the fellow board members who fired him. The stock surged 20 percent to 869 yen.
Otsuka Holdings Co. (4578 JT): H. Lundbeck A/S (LUN DC) said the U.S. Food and Drug Administration determined that a new drug application for Otsuka Pharmaceutical Co.’s aripiprazole depot formulation for the treatment of schizophrenia is sufficiently complete to permit a substantive review. Otsuka Holdings fell 0.6 percent to 2,101 yen.
Sekisui Chemical Co. (4204 JT): The Japanese chemical maker will raise its target for the year ending March 2014 to 30 percent from 26 percent because of the strong yen, the Nikkei newspaper reported, citing an interview with President Naofumi Negishi. The shares fell 1 percent to 568 yen.
Sumitomo Chemical Co. (4005 JT): Moody’s Japan K.K. cut the senior unsecured long-term debt and issuer ratings of the chemical products maker to Baa1 from A3. The rating outlook is stable and the downgrade reflects worsening financial fundamentals, which will take some time to restore due to slower-than-expected improvements in cash flow, reduction in leverage and returns on a series of investments, the credit rating agency said in a statement. Sumitomo Chemical gained 3.5 percent to 270 yen.
Ta Ann Holdings Bhd. (TAH MK): The Malaysian timber company said third-quarter net income rose 52 percent from a year earlier to 47.9 million ringgit, according to a stock filing. Its shares fell 0.6 percent to 4.75 ringgit.
Toyota Tsusho Corp. (8015 JT): The trading company partly owned by Toyota Motor Corp. said it will spend as much as 1.4 billion yen to buy back up to 0.4 percent of its outstanding shares through Jan. 23. The stock advanced 1 percent to 1,232 yen.
Xingye Copper International Group Ltd. (505 HK CN Company News): The producer of high-precision copper plates and strips canceled plans to sell depositary receipts on the Taiwan stock exchange because of the current “uncertain capital market conditions,” according to a statement to the Hong Kong stock exchange. The stock fell 1 percent to HK$1.
To contact the editor responsible for this story: Nick Gentle at email@example.com