Stocks to watch: Valuetronics, AVJennings, Stamford Land, Jason Marine, Fischer Tech, DBS

THE following stocks had announcements that could affect trading activity on Tuesday:

Valuetronics Holdings on Tuesday said it posted a 0.9 per cent increase in net profit to HK$149.2 million (S$25.7 million) for its full year ended March 31, 2015. Revenue of the electronics manufacturing services provider dipped 0.2 per cent to HK$2.4 billion. This was due to its consumer electronics revenue falling on slower demand, despite industrial and commercial electronics' revenue rising on higher demand and a new customer.

AVJennings on Tuesday said it has signed agreements to acquire the Waterline Place project in Williamstown, Victoria. It did not reveal the acquisition cost. Waterline Place has up to 850 dwellings with a mix of apartments and townhouses, as well as retail spaces in the historic inner Melbourne suburb of Williamstown. This is AVJennings' first major inner suburb infill project in Victoria for some time.

Stamford Land Corp on Monday reported an 87.5 per cent surge in net profit to S$5.39 million for the fourth quarter ended March 31, 2015, as revenue was boosted by its property development segment. Revenue was 80 per cent higher at S$111.99 million, thanks to its property development segment which was the biggest contributor to the topline. Revenue from the property development segment clocked S$61.69 million, up significantly from just S$6.91 million a year ago, due to the disposal of a site.