Friday, June 25, 2010

Market Daily -- 25th Jun 10

9. Sound Global Postpones Hong Kong Dual Listing

8.  CapitaMalls Asia: Bursa Securities Approves CapitaMalls Malaysia Units Listing
CapitaMalls Asia: Bookbuilding For Institutional Offering Commences Friday 

7.  Singapore May Manufacturing Output +58.6% On Year Vs +32.1% Expected
 Singapore May Adjusted Manufacturing Output Up 5.2% On Month Vs Down 12.9% Expected
 Singapore May Biomedical Output +117% On Year
 Singapore May Pharmaceuticals Output +121.8% On Year
 Singapore May Electronics Output +51.8% On Year
 Singapore May Transport Engineering Output +0.3% On Year

6.  STX Offshore & Shipbuilding Gets $360M Order For 9 Tankers, Oil Carriers
 STX: To Build 6 Tankers For Singapore's Tanker Pacific Management Ltd
 STX Offshore To Build 3 Bulkers For Unidentified Europe Firm
STX Offshore & Shipbuilding: To Start Delivering Ships From 2012 

5. Mermaid Maritime Target To S$0.70 From S$1.30 By UOB KayHian

4. K-Green Trust Started At Hold, S$1.20 Target By DBS Vickers

3. Frasers & Neave Unit Buys Site In Sydney For S$97.8 Million

2. Lend Lease: Joint Bid For Juron Gateway Road Site Is Highest Bid
 Lend Lease: Joint Bid With Asian Retail Investment Fund For Site At S$748.9M
 Lend Lease: Bid Subject To Final Approval By Vendor 

1. WALL STREET: Stocks skidded lower on uncertainty over shape of financial-overhaul bill, disappointing earnings from Bed Bath & Beyond sent wide swath of retail stocks tumbling. Dow ended down 1.4%, Nasdaq down 1.6%