Keppel Land Ltd., the property developer partly owned by the world’s largest builder of oil rigs, had its biggest gain in three weeks in Singapore trading after profit rose 70 percent on increased sales of apartments.
Keppel Land Ltd. is marketing dollar- denominated notes, its first public bond sale in the U.S. currency since 1995, as yield premiums for Asian issuers headed for the biggest annual drop in three years. Asia debt risk rose.
Keppel Land Ltd., the property developer partly owned by the world’s largest builder of oil rigs, surged to a two-month high after reporting a 47 percent increase in fourth-quarter profit and a record payout.
The following companies may have unusual price changes in Asian trading tomorrow. Stock symbols are in parentheses, and share prices are as of the latest close. The information in each item was released after markets shut unless stated otherwise.