Singapore Stocks: Intraco, Noble, Olam, SingXpress Land
The following were among the most active shares in the market. Stock symbols are in parentheses after company names.
Noble Group Ltd. (NOBL) , Asia’s biggest listed commodities trader, decreased 1.3 percent to S$1.115. Olam International Ltd. (OLAM) , a Singapore-based supplier of agricultural commodities, slipped 0.6 percent to S$1.665.
Intraco Ltd. (INTR) , a commodities trader and supplier of semiconductors, jumped 52 percent to 45.5 Singapore cents after saying controlling shareholder Hanwell Holdings Ltd. agreed to sell 29.9 percent of the company to TH Investment Pte for about S$18.3 million ($14.2 million), or 62 Singapore cents a share.
SingXpress Land Ltd. (SINX) fell 6.7 percent to 1.4 Singapore cents after the real estate company said it will sell 243 million new shares at 1.26 Singapore cents each, raising proceeds of about S$3 million.
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