SINGAPORE (April 4): Here are some stocks that could move the market this Tuesday morning.

Affinity Capital, a wholly-owned subsidiary of telecom and IT service provider Si2i Limited, has entered into an agreement with SB ISAT Fund to acquire from it an e-commerce platform.

See: Si2i to acquire e-commerce platform from Cayman Islands company

UnUsUaL Limited is placing out 96,990,000 shares at 20 cents each in conjunction with its spin-off from mm2 Asia and its listing on the Catalist board of the Singapore Exchange. Shares of mm2 Asia closed 2 cents higher at 48 cents on Monday.

See: UnUsUaL, mm2 Asia spinoff, to raise $19.4 mil from IPO placement

CapitaLand’s wholly-owned serviced residences business unit, The Ascott Limited, is expanding into South America with franchise agreements for two Citadines-branded serviced residences in São Paulo, Brazil. Shares of CapitaLand closed 4 cents higher at $3.67 on Monday. 

See: Ascott to build Citadines serviced residences in Brazil

The manager of Frasers Centrepoint Trust announced that FCT MTN has issued $90 million of 2.365% notes due 2020 comprised in Series 011 under its $1 billion Multicurrency Medium Term Note Programme.

See: Frasers Centrepoint Trust issues $90 mil 2.365% notes

The manager of Ascendas REIT announced the completion of the REIT’s acquisition of Stage 4, Power Park Estate in Melbourne, Australia, from Goodman Dandenong Trust for A$24.8 million ($26.5 million). Units of Ascendas REIT closed 1 cent higher at $2.53.

See: Ascendas REIT completes $26.5 mil acquisition of Melbourne logistics property

Ezra Holdings will be convening an informal meeting with the noteholders on April 17 to update them on the company’s current position and provide further information following the group's filing of voluntary petitions for reorganisation under Chapter 11 of the United States Bankruptcy Code.

See: Ezra to meet noteholders on April 17

Chasen Holdings announced that its specialist relocation subsidiaries in Malaysia and Vietnam had recently secured contracts totalling $0.97 million. Shares of Chasen closed 2 cents higher at 12 cents.

See: Chasen units in Malaysia and Vietnam win contracts totalling $0.97 mil

GW Active, which is owned by Gateway Fund 1 of private equity firm Gateway Partners, has issued a statement to clarify that it does not intend to make a general offer to buy out Healthway Medical Corporation.

See: Gateway denies intention to make a general offer to buy out of Healthway Medical

Steel manufacturer Delong Holdings said unit Aoyu Steel plans to sell its pig iron production capacity of 1.08 million tonnes and steel production capacity of 1.21 million tonnes to Tsing Tuo Group Co. for RMB400 million ($81.1 million).

See: Delong’s Hebei unit sells its pig iron production capacity for $81 mil

China Fibretech says trading of the company shares will continue to be suspended until further notice after its subsidiary Shishi Simwa Knitting & Dyeing Co., which has been downsizing, will be shut down in the coming few days. China Fibretech shares have been suspended since Nov 2015 for corporate mismanagement.

See: China Fibretech shuts down knitting and dyeing plant for pollution

Markets
Wall Street stocks dipped on Monday with auto giants Ford and General Motors retreating as uncertainty about Washington's policy agenda weighed on broader market sentiment. The Dow Jones Industrial Average lost 0.1% at 20,650.21. The broad-based S&P 500 dropped 0.2% to 2,358.84, while the tech-rich Nasdaq Composite Index fell 0.3% to 5,894.68.

The Straits Times Index on Monday rose 12.4 points to 3,187.51 thanks mainly to gains in Jardine stocks. Turnover amounted to 2.3 billion units worth $1.1 billion. Excluding warrants, there were 273 rises versus 189 falls.