Jun 14, 2014

Company News


+ Shares of STATS ChipPAC took a hard knock yesterday on news that talks with a third party interested in taking over the loss-making semiconductor group have been discontinued.

+ The Ascott Limited, the serviced residence arm of CapitaLand, has inked its first franchise agreements in Vientiane, the capital city of Laos, and Bali in Indonesia.

+ Del Monte Pacific posted a net loss of US$42.8m for the transitional four months ended 30 Apr, compared to a profit of US$6.6m for the equivalent period pre-consolidation.

+ LifeBrandz posted a wider net loss of S$872,000, for the third quarter ended 30 Apr, from a loss of S$328,000 a year ago.


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