Monday, March 7, 2011

Market Daily -- 7th Mar 11

6. Singapore February Foreign Exchange Reserves US$230.88B Vs US$227.11B January

5. Hyflux: Named Preferred Bidder For S$890 Mln Singapore Desalination Plant
Hyflux: Singapore Desalination Plant To Start Operations By 2013
Hyflux: To Also Build 411-Megawatt Power Plant With Desalination Plant 

4. Singapore Minister: Temasek In Talks With Potential Partners To Develop Project Financing Institution

3. Hutchison Port Sets Singapore IPO Public Tranche Price At S$1.383/Unit
Hutchison Port Holdings Files Amended Prospectus To Monetary Authority Of Singapore
Hutchison Port Holdings To List On Singapore Exchange March 18 
Hutchison Port Holdings Final Pricing Expected March 14

2.  China Eastern Airlines Chairman: Oil Prices To Fluctuate Significantly In 2011
 China Eastern Airlines Chairman: Oil Prices Fluctuation Due To Geopolitical Risks, US QE2
China Eastern Airlines Chairman: Fuel Hedging Will Basically Cover Overseas Oil Purchase
China Eastern Airlines Chairman: Beijing-Shanghai High Speed Rail Will Hit Airline Profits
China Eastern Airlines Chairman: Aim to Expand Passenger Plane Fleet To 531 By 2015
China Eastern Airlines Chairman: Aim To Cut Gearing Ratio To Around 70% By 2015
China Eastern Airlines Chairman: Tightening Monetary Policy Will Increase Financing Costs 

1. Wilmar Target Raised To S$5.40 Vs S$4.60 By JPMorgan