By Hanny Wan
April 8 (Bloomberg) -- The following companies may have unusual price changes in Asia trading, excluding Japan. Stock symbols are in parentheses, and share prices are from the previous close, unless noted otherwise.
Alliance Global Group Inc. (AGI PM): The owner of the third-largest Philippine builder by market value bought back 2.1 million shares at 1.70 pesos each in the open market. The stock gained 1.2 percent to 1.68 pesos.
Atlas Consolidated Mining & Development Corp. (AT PM): The second-largest Philippine metals producer by market value may spend $85 million for the rehabilitation of its Toledo copper mine. The stock gained 5.9 percent to 4.50 pesos.
Ayala Land Inc. (ALI PM): Aberdeen Asset Management Asia Ltd. boosted its stake in Ayala Land to 14.4 percent after acquiring more shares than it sold in the largest Philippine developer last month. The stock gained 1.7 percent to 6 pesos.
Esprit Holdings Ltd. (330 HK): The biggest Hong Kong- listed clothier said it appointed Ronald Van Der Vis as chief executive officer. He will take the position by Nov. 1. The stock climbed 2.2 percent to HK$43.95.
Sinopec Yizheng Chemical Fibre Co. (1033 HK): The company, a unit of Asia’s biggest oil refiner, said it expects to post net income for the first quarter of 2009, compared with a net loss of 27.1 million yuan in the same period last year. The stock declined 3.2 percent to 92 Hong Kong cents.
To contact the reporter on this story: Hanny Wan in Hong Kong at hwan3@bloomberg.net
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