STI ended this month down to close at 3327 points. It had been another quiet month with worries on geopolitical issues taking the centre stage. Some of them had been mentioned by me during my previous monthly posts and therefore I shall not repeat here. There are also not much surprises from companies with financial year ending June 2014 when they reported their results during the month.

For this month, I have attended the following AGMs/EGMs/briefings - Goodpack, Longcheer, Tianjin Zhong Xin Pharmaceutical Group and Ezra.

For my top 30 holdings, United Engineers was in the news as there were talks of it being a takeover target and also their intention to sell their automotive business. It didn't move up in my portfolio as it had lagged behind my top holding for quite sometime. However, these good news does close the gap between my top holding and United Engineers. OSIM ...