11 April 2013

Singapore Stock Market Daily Update - 11 April 2013

Stocks In the Focus: Tiger Airways, Tritech, Wilmar, OKP, SGX, United Fiber

Tiger Airways:  Singapore’s March load factor dropped 1 ppt Y/y to 86%; Tiger Australia’s load factor up 6 ppt to 85%

Tritech: Expects to report a net loss for FY ended March

Wilmar: Will set up 3 subsidiaries which has registered share capital of 120m yuan

OKP: won a S$10.2m drainage contract

SGX: Signed MOU with China Financial Futures Exchange to collaborate on derivatives mkt development

United Fiber System: Hold meetings with unsecured creditors that have provided credit to its unit Poh Lian Construction, to talk about proposed debt restructuring

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