Saturday, February 4, 2012

SGX Singapore Market Daily Update

Piramal Healthcare Ltd (PIRA.NS) said on Saturday it will buy a 5.5 percent stake in Vodafone's (VOD.L) India unit for 30 billion rupees, taking its total stake in the mobile company to about 11 percent. Last year, Piramal bought a 5.5 percent stake in Essar, Vodafone's joint venture partner in the country.

A-REIT: Enhances Its Debt Maturity Profile With The Issuance Of S$200 Million 10-Year Medium Term Note. Ascendas Real Estate Investment Trust is pleased to announce that HSBC Institutional Trust Services (Singapore) Limited, in its capacity as trustee of A-REIT, has issued S$200 million 4.00% Notes due 2022. The Notes were issued under the S$1,000,000,000 Multicurrency Medium Term Note Programme established by the Issuer on 20 March 2009. Australia and New Zealand Banking Group Limited and United Overseas Bank Limited were the joint lead managers for the Issue.

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