Sapphire, SUTL, Zhongmin Baihui, Khong Guan, Lifebrandz, SGX

SINGAPORE (Sept 29): Here are some stocks that could move the market this Thursday morning:

Sapphire Corporation secured a $92 million contract to build part of Beijing’s metro railway system. Wholly owned subsidiary Ranken Infrastructure will undertake work for 834m of the 29.6km Beijing Metro line 12. The project is slated for completion in over four years and is expected to have a positive impact on the company’s financial performance from FY 17. Shares of Sapphire closed 1.7% lower at 29 cents.

SUTL Enterprise is adding Indonesia and China to its ONE15 network of marinas, bringing the total from two to four. The company announced it has secured management and consultancy services contracts for the yet-to-be-built ONE15 Pantai Mutiara Marina in Jakarta and ONE15 Marina Guishan in Zhuhai. Shares of SUTL Enterprise closed at 62 cents.

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