Friday, September 28, 2012

Market Daily -- 28th Sep 12

11. Heineken CEO: Sell Tiger Brand Beer in Additional Regions
Heineken CEO: Also Sell Tiger Brand in Europe 
Heineken CFO: Focus Now On Paying Down Debt, Generating Cash
Heineken Net Debt/Ebitda Ratio at 3.3 Following APB Deal 
Heineken Wants Ratio Down To 2.5 Within 24 Months

10. Religare Healthcare Trust Seeks to Price Singapore IPO at S$0.88-S$0.97/Unit -Source
Religare Healthcare Trust Plans to Start IPO Roadshow Monday -Source 

9. Heineken Expects to Close Asia Pacific Breweries Acquisition in November 2012
Heineken Will Own 95.3% Stake in APB After Transaction With F&N 

8. Kirin Mulling Selling Stake in Fraser & Neave - Sources

7. Fraser & Neave Executive: Looking at Hospitality REIT, but No Firm Plans Yet

6. Fraser & Neave Shareholders Approve Sale of Stake in Asia Pacific Breweries to Heineken
98.73% Fraser & Neave Shareholders Voted to Approve Sale of APB, 1.27% Voted Against
Fraser & Neave Shareholders Reject Capital Reduction Proposal 

5. Far East Hospitality Trust Started At Neutral, Target S$1.02 By Goldman Sachs

4. Singapore Post Fair Value Raised To S$1.20 From S$1.14 By OCBC

3. ST Engineering Fair Value Raised To S$3.81 From S$3.50 By OCBC

2. Kirin: F&N Stake Sale Report Not Based on Company Announcement

1. The Dow Jones industrial average .DJI shot up 72.46 points, or 0.54 percent, to 13,485.97 at the close. The Standard & Poor's 500 Index .SPX rose 13.83 points, or 0.96 percent, to finish at 1,447.15. The Nasdaq Composite Index .IXIC gained 42.90 points, or 1.39 percent, to close at 3,136.60