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Straits Times 3,135.95 +7.50 +0.24%
Hang Seng 26,231.54 -60.30 -0.23%
Dow Jones 26,135.79 +249.78 +0.96%
Shanghai Composite 2,880.00 -3.09 -0.11%
Daily Bulletin – 14/01/09
Daily Bulletin | 14 January 2009
Related stocks:
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Wall St Struggles For Momentum
US stocks struggled for momentum on Tuesday as gains in the energy and financial sectors helped offset fears that bleak results from aluminium group Alcoa were merely the precursor to a glut of heavy losses during the nascent earnings season.The major indices finished mixed, with the S&P 500 closing up 0.2% at 871.79 points, the Dow 0.3% lower at 8,448.56 while the Nasdaq Composite gained 0.5% at 1,546.46.

Chasen Secures New Contracts Worth $12m In Total
Catalist-listed Chasen Holdings has secured new contracts worth $12m in total from Kingsmen Creative and M+W Zander, clocking up its total current order book to approximately $21m.

Jurong Tech In Substantial Loan Defaults
Jurong Technologies Industrial Corporation has received a statutory demand from OCBC Bank seeking full repayments of $21.9m and US$23.3m loaned to the company. The company is currently in negotiation with the bank.

China Yuanbang Property Obtains Rmb190m Bank Loan
China Yuanbang Property Holdings has obtained a 3-year Rmb190m term loan from China Construction Bank for the development of Wenchang Project.

C&G Industrial Issues Profit Warning
C&G Industrial expects to report a significantly lower consolidated net profit for FY08 compared to the previous year.

FDS Networks Issues Profit Guidance
FDS Networks cited that the company has made losses in 2H08 due to further deterioration in business conditions, hence affecting its FY08 results negatively.

Enzer Signs Trade Mark Licence Agreement For South Africa
Enzer Corporation has signed a trade mark licence agreement with Nu World Ind pursuant to which, Nu World will be exclusively authorised to use Enzer’s Trade Mark within South Africa for a period of five years till end December 2013.

Saizen REIT To Adopt Scrip-Only Dividend Scheme
In view of the current credit crisis, Saizen REIT has proposed to adopt a scrip-only dividend scheme in lieu of dividend payouts, subject to approval of its unitholders.

Babcock & Brown Global Resolves BBRNA Refinancing Issue
Babcok & Brown Global Investments has resolved the immediate refinancing requirement of Babcock & Brown Rail North America (BBRNA) through the extension of US$10.5m loan from its unit, Babcock & Brown Holdings.

C&G Environmental Protection Hldgs  -- -- --   
Business: Co develops and operates waste to energy plants in China.

Insight: Mar-19, FY18 Co remains a cash company and no rev... Read More
Global Investments  0.139 -- --   
Business: An open ended balanced mutual fund. [FY18 Asset Class] Bank contingent convertibles (35.8%), bonds (31.7%), listed equities (14.7%), cash & others (11.9%), loan portfolio & securitisation assets (5.9%).

Insight: May-19, 1Q19 reported total income of $14m instead... Read More


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