Hot Penny Stocks

Parkway Life REIT
Company update – Optimising Japanese exposure – by Janice Ding
(PREIT SP / PWLR.SI, OUTPERFORM – Maintained, S$1.39 – Tgt. S$1.57,
Property)
Maintain Outperform and target price of S$1.57 for PLife REIT. PLife REIT
has acquired 11 nursing homes in Japan for S$107.3m at an average net
property yield of 6.6% after withholding tax. With this acquisition,
income contributions [...]

China, the worst-performing stock market
after Greece, looks like a buy by almost any measure, according to
top-ranked analysts of the Asian nation’s shares.
   The Shanghai Composite Index’s 26 percent plunge this year,
including yesterday’s 4.3 percent slump, sent its price-earnings ratio
to 18, the lowest level versus the MSCI Emerging Markets Index in a
decade. The largest owners of yuan-denominated [...]

Singapore’s factory output sees record rise in May
Singapore said Friday that manufacturing output surged a record 58.6 percent year on year in May as factories raced to meet robust foreign orders for electronics and pharmaceuticals.
Last month’s factory production, which eclipsed the previous record high of 49.7 percent posted in April, was almost double the 32.1 [...]

The deal of the year fell through in a week when global markets look to be
recovering. On Wednesday, Prudential pulled out of the deal to buy the Asian arm of US insurer AIG after failing to negotiate a lower price. British newspapers pointed out
that several major shareholders had welcomed the collapse of the deal,
unconvinced that [...]

Wilmar International Limited (Wilmar) has make an offer to Benso Oil Palm
Plantation Ltd (BOPP) (listed in Ghana Stock Exchange) acquire at least
58.45% of the entire issued ordinary share capital. Unilever Ghana
Limited, which holds in aggregate 58.45% of the issued share capital of
BOPP, has provided the Company with a written irrevocable undertaking to
accept the Proposed Offer [...]

Well-established in SE Asian markets, a pioneer in 3-in-1 coffee. According to Euromonitor, instant coffee consumption is expected to experience a 2009-11 CAGR of 6.6 and 10.9% in Malaysia and Thailand respectively.
Super Group (Super) is one of the leading brands in the instant coffee-mix market and is in the position to benefit from this growing [...]

Singaporeans opt for pricey homes, says report

singaproe property news,singapore property market
Foreigners no longer accounted for most buyers who purchased homes at more than $5 million, according to a recent study conducted by Savills Research and Consultancy, revealing that Singaporeans are now buying up pricey homes.
The report showed a stunning turnaround in a trend which has [...]

singapore stock market ,singapore stock market news,austraklia stock market ,australia stock market news
ADB asks Sri Lanka to reduce size of budget
The Asian Development Bank on Friday asked Sri Lanka to prune the size of its budget to sustain economic stability as the island emerges from decades of ethnic conflict.
The Manila-based bank’s President Haruhiko Kuroda said [...]

The 588 million dollar Indian offering of Standard Chartered Bank was more than twice oversubscribed by its close Friday, as bids from investors came in just hours before the deadline.
The issue, which opened on Tuesday despite volatile global market conditions, is being viewed by bankers as a success, with investors confident of the bank’s growth [...]

Singapore ranks as world’s 17th most expensive location for retail rents
 
singapore stock market , singapore market news
Singapore has climbed up one spot in the latest survey conducted by CB Richard Ellis for the world’s most expensive retail locations.
CBRE’s Global MarketView report on the retail sector showed that prime retail rents in the country ranked [...]