Jun 6: Centurion, Vard, QT Vascular, Rex

Publish date: Fri, 06 Jun 2014, 08:45 AM
On Thursday, the Straits Times Index (STI) ended 0.53 points lower or -0.02% to 3279.64, taking the year-to-date performance to +3.63%. Here are some stocks that could move the market this Friday morning. The top active stocks were Noble (+3.16%), Ascendas REIT (+0.43%), DBS (+0.18%), SingTel (-0.77%) and OCBC Bank (-0.21%):

Centurion Corporation said it has established a 49% JV company in Malaysia known as Oriental Amber Sdn. Bhd to provide services relating to operation and management of workers’ accommodation. This comes after Oriental Amber had agreed on 5 June 2014 to acquire a 7.6 acres land in Jeram Batu, Johor Bahru, for RM11.7 million ($4.5 million).

Vard Holdings said it has won a $168 mil contract for the design and construction of one Offshore Construction and Anchor Handling Vessel for Norwegian REM Offshore.

QT Vascular announced the clearance of its Chocolate PTCA Balloon Catheter by the United States Food and Drug Administration. The balloon catheter is used to treat coronary heart disease, the most common form of cardiovascular disease.

Rex International Holding and its subsidiaries announced that their jointly-controlled entity Lime Petroleum Norway have signed an agreement with North Energy to acquire 5% stakes in two additional licenses in Norway.
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