Keppel, Spackman, HPH Trust, AA REIT, KLW

SINGAPORE (Dec 28): Here are some stocks that could move the market this Thursday morning:

Keppel announced that Keppel Land China, a subsidiary of property arm Keppel Land, and its partners are divesting their stakes in Cityone Development (Wuxi) Co. (CDCL) for RMB 1.2 billion ($256 million). Keppel Land China, which has an effective interest of 49.7% in the joint venture company, will yield a net divestment gain of about RMB 190 million. Shares of Keppel Corp closed 5 cents higher at $5.84 on Wednesday.

Spackman Entertainment Group says its crime-action thriller Master produced by subsidiary Zip Cinema surpassed the film’s breakeven point within eight days of its official wide release on Dec 21. As of Wednesday, Master has recorded total admissions of 3.8 million with gross box office revenue of US$25.3 million ($37 million), according to latest stats from the Korean Film Council. Spackman shares closed at 19 cents.

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