Oxley, Yanlord, Kingboard Copper Foil, Debao, Nico Steel, Swiber, AusGroup

SINGAPORE (Sept 5): Here are some stocks that could move the market this Monday morning:

Oxley Holdings announced 75%-owned subsidiary, Oxley Zhong Xin Yi (Chongqing), has entered into a strategic cooperation framework agreement with China’s Chongqing Liangjiang New Area Administrative Committee to develop an integrated medical hub in the Chongqing Liangjiang New Area. In a Monday statement, the developer says it intends to enter into further definitive agreements for such purposes by Dec 31 this year. Shares of Oxley closed flat at 44 cents on Friday.

Yanlord Land has entered into a strategic alliance with a subsidiary of state-owned China Resources Land (CR Land) for the redevelopment of a 1.23 sq km site in Zhongshan. In a Friday statement, Yanlord says subsidiary Nanjing Renyuan Investment acquired Zhongshan Renyuan Investment (ZRI) in Guangdong for RMB64 million ($13 million). ZRI owns three other entities. Through the acquisition, Yanlord will obtain varying interests in the entities. This includes a 35% stake in Zhongshan China Resources Land Property Development, a company jointly held with a subsidiary of CR Land which has a 40% interest. Shares of Yanlord closed 0.78% higher at $1.29.

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