Singapore's final 1Q2015 economic data, due at 8am (0000 GMT) today, is not expected to have a major bearing on stocks.

Penny stocks may, however, continue to see some punting interest. A number of them actively changed hands in recent sessions.  

The Straits Times Index ended 0.3% higher at 3,460.85 yesterday.

COMPANIES IN THE NEWS

Lone Pine Capital has disposed of its entire 7.26% stake in Global Logistic Properties. Hillhouse Capital Management is now a new substantial shareholder, with a 7.27% stake.

GLP shares ended 0.4% lower at $2.83 yesterday.

Valuetronics Holdings said its earnings for the 12 months ended March 31 came in at HK$149.2 million ($25.7 million), almost similar to the HK$147.9 million for the previous year.

Valuetronics shares ended flat at 51 cents yesterday.

JES International Holdings said an application by its subsidiary JEHI to restructure its business has been rejected by the Taizhou Intermediate People's Court of Jiangsu Province.

JES shares remain suspended.

EnGro Corp will form a joint venture to produce, distribute and market specialty polymer products in China targeted at the automotive industry.

EnGro shares ended 0.8% higher at $1.25 yesterday.

Attilan Group, formerly known as Asiasons Capital, is selling its wholly owned Portwell Investments unit for a nominal $1. Portwell has short- and long-term debts and liabilities totalling $30 million.

Attilan shares ended 10% higher at 2.2 cents yesterday.

Nobel Design Holdings said a major tenant will not be renewing its lease for two units at 16 Tai Seng Street. The current lease expires on Dec 31.

Nobel Design shares ended 3.5% lower at 41 cents yesterday.

China Essence Group said it expects to report a net loss for the 12 months ended March 31. The results will be released on May 29.

China Essence shares were not traded yesterday. They last closed at 0.5 cent.

Blumont Group will sell its entire 12.74% stake in Australia-listed Cokal Coal, which recently received a takeover offer from PT Cakra Mineral.

Blumont shares rose 8.3% to 1.3 cents yesterday.

Stamford Land Corp reported earnings of $5.4 million for the fourth quarter ended March 31. It earned $2.9 million in the same period last year.

Stamford Land shares ended 0.8% lower at 59 cents yesterday.

Singapore Windsor Holdings has inked an agreement to procure certain duty-free merchandise from DFS Venture Singapore and supply the goods to Royal Golden Sky for sale in Myanmar.

Singapore Windsor shares ended flat at 41 cents yesterday.

Jason Marine Group said its earnings for the 12 months ended March 31 rose 40% y-o-y to $3.9 million.

Jason Marine shares were not traded yesterday. They last closed at 25 cents.

Fischer Tech said its earnings for the year ended March 31 rose 12.7% y-o-y to $7.5 million.

Fischer Tech shares ended 0.5% lower at 19.9 cents yesterday.