09 April 2013

Singapore Stock Market Daily Update - 9 April 2013

Stocks in Focus: Keppel Corp, DBS, GLP, World Precision, CNA, Swiber, Good Pack, JEP, Xinren, Shanghai Asia

Keppel Corp: secures repeat jackup order from Ensco worth about US$225M

DBS: extended a deadline to complete the acquisition of PT Bank Danamon Indonesia from Temasek

GLP: pre-leases 463k sf of space in Suzhou and Wuhan to third-party logistics provider Best Logistics

World Precision: won 3 orders with aggregate value of RMB 11.34M

CNA Group: awarded a $10m contract from MediaCorp to design, supply and install an Internet protocol mgt system and extra low voltage system for its Media Complex at Mediapolis @ one-north Buona Vista

Swiber: successfully marketed SGD bonds at 7.125%

Goodpack: sells $50m 10-yr unsecured notes

JEP: says unit JEP Precision Engineering gets more aircraft-related orders

Xinren: auditor Ernst & Young issues Auditors’ opinion with emphasis of matter on FY12 financial statements.

Shanghai Asia: auditors KMPG issue emphasis of matter on the FY12 financials.

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