The following companies may have unusual price changes in Singapore trading today. Stock symbols are in parentheses, and share prices are from the previous close. Singapore’s Straits Times Index gained 0.3% to 3,255.87.
Developers: Singapore will increase down payments for second mortgages and impose a stamp duty on property held for less than four years to cool property prices. The nation’s private home prices climbed to a record in the fourth quarter as the nation’s fastest economic growth since independence helped counter earlier measures.
CapitaLand (CAPL SP), Southeast Asia’s biggest developer, rose 0.8% to $3.84. City Developments (CIT SP), Singapore’s second-largest real-estate company, gained 0.3% to $12.74. Keppel Land (KPLD SP) climbed 1.9% to $4.88.
Palm-oil producers: Crude palm-oil futures for March delivery climbed 1.2% in Kuala Lumpur yesterday, snapping four days of decline. Indofood Agri Resources (IFAR SP), the palm-oil unit of Indonesia’s biggest noodle maker, gained 0.4% to $2.83. Golden Agri-Resources (GGR SP), the world’s second-largest palm-oil producer, slipped 0.6% to 78 cents. Wilmar International (WIL SP), the world’s No.1 palm-oil trader, lost 0.2% to $5.71.
Ausgroup (AUSG SP): The provider of engineering services to the mining and oil and gas industries said it has completed the sale of its property in Australia for A$6.4 million ($8.2 million), booking a net gain of A$2 million. The stock slipped 1.1% to 44.5 cents.
China Gaoxian Fibre Fabric Holdings (CGXF SP): The maker of polyester yarn and warp-knit fabric said it will raise net proceeds $223.8 million selling Korean depositary receipts (KDRs). The KDRs will start trading on Jan. 25, it said. The shares slipped 1.1% to 44.5 cents.
KLW Holdings (KLW SP): The maker of wooden doors said it is proposing to sell 356 million new shares. KLW slumped 33% to 1 cent when it last traded on Jan. 12.
Renewable Energy Asia Group (REAG SP): The maker of wind-turbine components said it will develop a wind farm in Haimen City, China. The project will cost about 500 million yuan ($97.7 million), it said. The shares were unchanged at 22 cents.
Tai Sin Electric (TSE SP): The maker of electric cables said it is proposing to double the chart capital of its subsidiary in Vietnam to US$3 million ($3.9 million) from US$1.5 million. The stock was unchanged at 22.5 cents.

Digg
Del.icio.us
StumbleUpon
Netscape
Yahoo
Technorati
Googlize this
Facebook