PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Olam Group (OLAM SP) H1 (SGD) net 1.91bln (prev. 323.8mln Y/Y)

TAIWAN Compal Electronics (2324 TT) - Co. Q2 (TWD) net rose 549% Y/Y to 3.13bln, rev. rose 32% Y/Y to 238.3bln, while gross margin fell to 4.6% from 5.3% Q/Q and operating margin slipped to 1.2% from 1.3% Q/Q; Co. expects PC shipments to fall 15-17% Y/Y in H2 amid higher memory prices. (Taipei Times) E Ink Holdings (8069 TT) - Co. Q2 (TWD) net rose 26% Y/Y to 3.73bln, while gross margin fell to 58.7% from 60.0% Y/Y; Co. cut its FY revenue growth forecast to 10-15% from 20-25% as higher memory prices delay customer product launches. (Taipei Times) E.Sun Financial Holding (2884 TT) - Co. will formally merge with Mercuries Life Insurance on September 1, creating Taiwan’s fifth-largest listed financial holding company by assets, with planned capital injections totalling TWD 22bln to strengthen the insurer’s finances. (Taipei Times) Other News MSCI raised Taiwan’s weighting in the MSCI All Country World Index to 3.13% from 3.08% and in the MSCI Emerging Markets Index to 26.85% from 26.6%. (Taipei Times) SINGAPORE First Resources (EB5 SP) - Co. H1 (USD) underlying net rose 3.6% Y/Y to 216.2mln, rev. rose 44.5% Y/Y to 973.6mln. (Newswires) Olam Group (OLAM SP) - Co. H1 (SGD) net 1.91bln (prev. 323.8mln Y/Y), operational net 163.7mln (prev. 327.1mln Y/Y), operational net from continuing operations 64.4mln (prev. 167.1mln Y/Y), rev. 12.47bln (prev. 15.25bln Y/Y), with net boosted by a one-off gain of 1.75bln. (Dow Jones Newsplus)