Wednesday, September 19, 2012

Market Daily -- 19th Sep 12

9. Genting Singapore: To Sell Entire 4.8% Stake in Australia's Echo Entertainment
Genting Singapore: To Sell Echo Stake Via Block Trade at A$3.99/Share 

8. Overseas Union Enterprise: Allowed Potential Buyer Exclusive Due Diligence on 2 Singapore Properties
OUE: Potential Buyer Looking at Mandarin Orchard Hotel, Mandarin Gallery Shopping Mall
OUE: No Firm Decision Taken on Potential Sale of 2 Singapore Properties

7. Cache Logistics Trust Fair Value Raised To S$1.26 From S$1.18 By OCBC

6. Frasers Centrepoint Trust Target Raised To S$1.82 From S$1.62 By Daiwa

5. CapitaMall Trust Target Raised To S$2.06 From S$1.84 By Daiwa

4. Starhill Global REIT Target Raised To S$0.80 From S$0.75 By Daiwa

3. Midas Holdings Target Raised To S$0.50 From S$0.29 By DMG & Partners

2. TCC Assets, Thai Bev: To Vote In Favor of Heineken's Offer to Buy F&N's Stake in Asia-Pacific Breweries
TCC Assets, Thai Bev: Heineken Has Undertaken Not to Make General Offer for Shares in Fraser & Neave
Fraser & Neave Shareholders to Meet Sept. 28 to Vote on Heineken's US$4.5 Billion Offer for Asia Pacific Breweries

1. The Dow Jones industrial average .DJI gained 11.54 points, or 0.09 percent, to end at 13,564.64. The Standard & Poor's 500 Index .SPX dipped 1.87 points, or 0.13 percent, to finish at 1,459.32. The Nasdaq Composite Index .IXIC edged down 0.87 of a point, or 0.03 percent, to end at 3,177.80