Monday, February 28, 2011

Market Daily -- 28th Feb 11

10. Sembcorp Industries Target Raised To S$6.24 From S$5.68 By UBS

9. Golden Agri-Resources Exec: Aiming For US$450 Mln Capital Expenditure In 2011
Golden Agri: Aims To Plant 20,000-30,000 Hectares Palm In 2011 
Golden Agri: To Submit Certification Plan To Roundtable On Sustainable Palm Oil By March
Golden Agri: Nestle, Unilever, Burger King Haven't Resumed Palm Oil Purchases
Golden Agri: Aims To Double China Oilseed Crushing, Refining Capacity In 2011 
Golden Agri: Current Average Age Of Indonesian Palm Plantations 12 Years
Golden Agri: Aims To Start Planting Palm In Liberia In 2012 

8. KKR Looking To Exit MMI Holdings Through S$1 Bln Singapore IPO - Source

7. Golden Agri-Resources 4Q Net Profit US$1.17 Bln Vs US$472.7 Mln
Golden Agri 4Q Fair Value Gains On Plantations US$1.37 Bln Vs US$303 Mln 
Golden Agri: 4Q Revenue Rose 85% To US$1.19 Bln Vs US$643 Mln

6. Tiger Airways: RyanThai To Hold 10% In Thai Tiger Airways
Tiger Airways To Hold 39% In Thai Tiger Airways; Thai Airways 49.9%

5. Hutchison Port Holdings Trust Files Prospectus For Singapore IPO
Hutchison Port Holdings Trust: Price Range Of US$0.91-US$1.08 Per Unit
Hutchison Port Holdings Trust: To Offer Up To 3.90 Billion Units In Singapore IPO
Hutchison Port Holdings Trust: To Raise As Much As US$5.8B Via Singapore IPO
Hutchison Port Holdings Trust: To Raise US$1.62B Via Cornerstone Investors
Hutchison Port Holdings Trust: Cornerstone Investors Include Temasek, Capital Research, Paulson & Co
Hutchison Port Holdings Trust: To Raise Up To US$6.4B Including Overallotment, Cornerstone Investors 

4. Singapore January Bank Loans S$328.78 Bln Vs S$322.75 Bln December
Singapore January M1 Money Supply S$115.33 Bln Vs S$112.47 Bln December 

3. Indofood Agri Target Cut To S$2.78 Vs S$2.91 By Phillip

2. CapitaMall Trust: To Buy Shopping Mall In Singapore For S$295M

1. The Dow added 0.5%, Nasdaq added 1.6%. Treasurys got a boost from a government report showing softer-than-expected U.S. economic growth and buying by the Federal Reserve