Tuesday, May 29, 2012

Market Daily -- 29th May 12

11. Fortis Healthcare CEO: Aiming To Raise About INR20B Via Singapore Listing
Fortis Healthcare CEO: Have Consolidated Debt Of INR50 Bln 
Fortis Healthcare CEO: May Use Part Of Singapore IPO Proceeds To Repay Debt

10. Singapore MAS Sells S$1.5 Bln 7-Year Bonds At Average 1.11% Yield

9. Olam International: To Invest US$240 Mln In Brazil Sugar Asset

8. Tat Hong Holdings Target Raised To S$1.15 From S$1.01 By CIMB

7. Wilmar International Target Cut To S$4.30 From S$5.20 By JPMorgan

6. Valuetronics Target Raised To S$0.31 From S$0.29 By UOB KayHian

5. Fortis Healthcare: 4Q Net Profit INR420 Mln
Fortis Healthcare: 4Q Consolidated Global Revenue INR12.79B Vs 4.21B
Fortis Healthcare Board OKs Plan To List Clinical Establishment Business In Singapore

4. Tat Hong Holdings Target Raised To S$1.40 Vs S$0.64 - Citigroup

3. US Ex-Treasury Summers: Difficult To Overestimate Magnitude Of Europe Challenges
US Ex-Treasury Summers: View Situation In Europe With Considerable Concern
US Ex-Tsy Summers: Can't Be Completely Confident That Can Reestablish Confidence In Greece As Permanent Euro-Zone Member
US Ex-Treasury Summers: Euro Zone Needs To Pull Ahead Of Market Forces In Its Actions 
US Ex-Treasury Summers: Risk Of Contagion If Greece Were To Exit Euro
US Ex-Treasury Summers: Think Risk Of US Debt Burden Falling Under Spotlight Is 'Long Way Off'
US Ex-Treasury Summers: Wouldn't Be Surprised To See Chinese Growth Fall Below 7% For At Least A Year Over Next Decade
US Ex-Treasury Summers: Chinese Growth Falling Below 7% Doesn't Need To Be A Significant Event 

2. Tat Hong Holdings Fair Value Raised To S$1.21 From S$1.09 By OCBC

1. Boustead Buy Target S$1.14 -- Maybank-KE

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