News
OUE tapping local banks to fund F&N bid
www.channelnewsasia.com
[Channel News Asia] - Lead analyst at SIAS Research, Ng Kian Teck, said: "OUE could buy over a part of F&N, or partner with another party who would be keen on the beverages business." F&N is currently the subject of a S$8.7 billion (US$7.2 billion) takeover bid by TCC
UPDATE 1-Religare Health to raise $416 mln in Singapore IPO-sources
www.reuters.com
[Reuters] - "Its high dividend yield will catch the attention of some investors and dividend plays are quite popular now, as seen by the rise in REITS," said Ng Kian Teck, lead analyst at SIAS Research. Religare will own hospital-related assets managed by Indian
Singapore Stocks-Fall from eight-month highs, hit by Wilmar
www.reuters.com
[Reuters] - "The lower-than-expected results of Wilmar have weighed the STI down," said Ng Kian Teck, lead analyst at SIAS Research. "Right now, the level is the support and we are trying to see whether it will hold on for this week.
Singapore Stocks-Market ticks up, SingTel gains after results
www.reuters.com
[Reuters] - "The market is taking some form of comfort after Greece passed its austerity measures, and investors are more confident that it will get the funding it needs for a bailout," said Ng Kian Teck, lead analyst at SIAS Research. MSCI's broadest index of
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