China Auto Electronics, HPH Trust, FCL, GL, Olam, CRCT

SINGAPORE (Oct 25): Here are some factors and stocks that could move the market this Tuesday morning:

China Auto Electronics Group has received a 16 cents per share offer from its top management to take the company private. The offer is 23% higher than China Auto’s last traded price of 13 cents. The offeror cites low liquidity, greater management flexibility and compliance costs as reasons for the delisting.

Hutchison Port Holdings Trust (HPH Trust) posted an 18.2% earnings decline to HK$430.2 million ($77.2 million) for 3QFY16, compared with earnings of HK$525.9 million in 3QFY15. Revenue fell 6.8% to HK$3.27 billion due to the lower container throughput at Hongkong International Terminals and Yantian International Container Terminals at Shenzhen China. Shares of HPH Trust closed 1.6% higher at 62 cents.

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