Singapore Stocks - Factors to watch on Jan 11

Following are some company-related and market news which could
have an impact on the local market.

----------------------MARKET SNAPSHOT @ 0016 GMT ------------
INSTRUMENT LAST PCT CHG NET CHG
S&P 500 1472.12 0.76% 11.100
USD/JPY 89.16 0.43% 0.380
10-YR US TSY YLD 1.9224 -- 0.023
SPOT GOLD 1671.69 -0.18% -2.950
US CRUDE 94.04 0.23% 0.220
DOW JONES 13471.22 0.60% 80.71
ASIA ADRS 135.22 1.31% 1.75
-------------------------------------------------------------

GLOBAL MARKETS-World shares rise to 8-month high; euro
rallies
SE ASIA STOCKS-Most down; outflow concerns further hit
Jakarta

STOCKS TO WATCH
-- FRASER AND NEAVE LTD
- Thai billionaire Charoen Sirivadhanabhakdi extended his
$7.2 billion offer to take over Singapore property and drinks
conglomerate Fraser and Neave for the sixth time, until Jan. 15.

-- NAM CHEONG LTD
- Nam Cheong said it is issuing up to 190 million new shares
to be sold at S$0.255 each, which represents a discount of about
9.7 percent to the weighted average price on Jan. 10. Most of
the proceeds will be used to fund expenditure for shipbuilding
projects and its vessel chartering business.

-- STX OSV LTD HOLDINGS LTD
- Offshore ship builder STX OSV said Tidewater Inc
has acquired contracts for three platform supply vessels under
construction at STX OSV's yard in Norway.

-- SINGAPORE TECHNOLOGIES ENGINEERING LTD
- ST Engineering said its aerospace arm has secured new
contracts worth about S$450 million in the fourth quarter of
2012 for airframe, component and engine maintenance works.

MARKET NEWS

> Sell-off runs into 4th day on Europe, US debt worries
> Prices fall on ECB talk, but debt sale tempers losses
> Yen pummeled to 2 1/2-year low vs dollar on BOJ talk
> Gold tops $1,675 on ECB comments; PGMs up on China
> Oil rises after Saudi Arabia cuts output
> Key political risks to watch in Singapore

ASIA-PACIFIC STOCK MARKETS
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Taiwan India Australia/NZ

OTHER MARKETS
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ADR Report LME metals

STOCKS NEWS
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DIARIES & DATA:
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