Singapore Stock News - 25 Oct 2012

Stock News Singapore

1. Singapore Airlines is ordering five more Airbus A380s and another 20 A350s for additional capacity growth and fleet renewal.
2. CACHE Logistics Trust 3Q distribution per unit (DPU) of 2.14 Singapore cents, up 2.3 per cent from 2.09 Singapore cents a year ago.
3. HUTCHISON Port Holdings (HPH) Trust reported earnings per unit attributable to unitholders that came up to 6.91 HK cents in its third quarter. This was down 15 per cent from 8.13 HK cents in the same period last year.
4. CapitaLand has established its first value housing private equity fund, which will invest primarily in value housing developments in China.
5. FIRST Real Estate Investment Trust has posted 3Q distribution per unt (DPU) of 1.68 Singapore cents down 12.5 per cent from the same period last year. Distributable amount also slipped 12.1 per cent year-on-year to S$10.6 million.
6. Sheng Siong Group’s third quarter net profit increased 48.1 per cent to S$9.8 million, from S$6.6 million a year ago.