Thursday, May 27, 2010

Market Daily -- 27th May 10

10. GIC Real Estate Targets To Raise Minimum US$1B From Overseas Assets IPO - Source
GIC Real Estate IPO Later This Year - Source 
JP Morgan, Citi To Get Mandate For GIC Real Estate IPO Soon - Source

9. Integrated Healthcare launches S$1.18Bln Partial Offer for Parkway Holdings-Source
Integrated Healthcare: Launch S$1.18B Partial Offer For Parkway Holdings
Integrated Healthcare: Offer S$3.78/Share In Cash For Parkway Holdings
Integrated Healthcare: To Hold 51.5% Stake In Parkway If Offer Is Successful 
Integrated Healthcare: Deutsche Bank, CIMB Appointed Advisers For Deal
Integrated Healthcare Currently Holds 24.1% Of Parkway Holdings 

8. Genting Singapore Target Raised To S$1.22 Vs S$0.98 By BoA-ML

7.  Keppel Land Target Raised To S$4.30 From S$3.93 By Nomura

6.  K-REIT Asia Target Raised To S$1.55 From S$1.40 By Nomura

5.  CapitaCommercial Target Raised To S$1.51 From S$1.35 By Nomura

4. Goodpack Started At Outperform, S$1.89 Target By CIMB

3. Singapore Airport Terminal Target Set At S$2.87 By Phillip Sec

2. CapitaCommercial Trust: To Commence S$92M Upgrades At Six Battery Road

1. WALL STREET: Stocks fell as worries about global economy flared anew late, overcoming earlier rally powered by encouraging economic data. Industrials sector only category to eke out gain, boosted by bigger-than-expected increase in durable-goods orders. Dow dropped 0.7%, Nasdaq down 0.7%