Monday, May 21, 2012

Market Daily -- 21st May 12


4. CVC Capital Got SGX Approval For Over US$2.5B F1 IPO In Singapore - Sources
CVC Capital To Begin International Roadshows 2nd Week Of June - Sources
CVC Capital Aims To List IPO In Last Week Of June - Sources

3. Alibaba In Talks With Temasek To Finance Purchase Of Yahoo Stake - Sources
Temasek May Provide About US$500M To Alibaba For Purchase Of Yahoo Stake - Source 

2. Ascendas Got SGX Listing Approval For Hospitality REIT In Singapore - Sources
Ascendas In Talks With Cornerstone Investors For REIT Listing - Sources
Ascendas Seeking To List Hospitality REIT In Early-To-Mid June - Sources

1. Dow Jones industrial average .DJI ended down 73.11 points, or 0.59 percent, at 12,369.38. The Standard & Poor's 500 Index .SPX was down 9.64 points, or 0.74 percent, at 1,295.22. The Nasdaq Composite Index .IXIC was down 34.90 points, or 1.24 percent, at 2,778.79