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Posts Tagged ‘sell’

iPhone tethering on Feb 13?, Best Buy to sell Verizon iPhone Feb 10, PADACS battery cases

David Pouge posted up a review today of the Verizon iPhone 4 and noted in the original review that the device on AT&T would get tethering on Feb 13. That part has been removed from the review now, likely forced out by Apple ninjas. Best Buy has announced that on February 10 it will sell [...]

SATS rating cut to ‘Sell’ from ‘Buy’ by UOB on cost pressures

SATS was lowered to “sell” from “buy” at UOB-Kay Hian Holdings, which cited “looming” cost pressures from its S. Daniels Plc unit. The brokerage cut its share-price estimate to $2.47 from $3.19, according to a report by analysts K. Ajith and Eugene Ng.

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RBS upgrades Tiger Airways to “hold” from “sell”

RBS has upgraded Singapore budget carrier Tiger Airways (TAHL.SI) to “hold” from “sell” and raised its target price to $1.90 from $1.58.

Tiger Airways said on Friday its third quarter net profit rose 60% to $22.6 million due to stronger passenger volumes and higher average passenger fares.

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Verizon iPhone Could Sell 25 Million Units in 2011: Analyst

Verizon iPhone could sell 25 million units in 2011, according to an analyst. That number is a substantial rise over other analyst estimates for the smartphone. – How many units
will the Verizon iPhone sell?
William Power,
an analyst with R.W. Baird amp; Co., is reportedly suggesting some 25 million
iPhones will be activated by the carrier in 2011, a number deduced from a
1,000-person survey. That includes not only current Verizon smartphone users
swit…


UMS to sell Changi North Crescent property for $7m

UMS Holdings says it plans to sell the property located at 27 Changi North Crescent Singapore 499618 to YFE-Clark Express for $6.98 milion and lease back parts of it.

As at 31 December 2010, the book value of the 7,610.6 square metres of leasehold land which consists of a JTC detached factory with adjoining single-storey and two-storey extensions, was $4.4 million. This means UMS will make a net gain of $2.5 million from the sale.

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T-Mobile to Sell Samsung Galaxy S 4G Android Smartphone

T-Mobile introduced the Samsung Galaxy S 4G smartphone Jan. 20. The carrier said the Galaxy S 4G could reach peak download speeds of 21MB per second. There’s no pricing or availability information yet. – T-Mobile USA
formally unveiled the Samsung Galaxy S 4G, an Android 2.2-based smartphone with
Samsung Mobile’s elegant Super active-matrix organic LED touch-screen
technology.
At a press
event in New York City, T-Mobile CEO Philipp Humm promised the Galaxy S 4G
quot;will be the fastest smartp…


First Resources shareholder to sell up to $139.5m in shares

Singapore-listed palm oil firm First Resources’ (FRLD.SI) main shareholder plans to raise as much as $139.5 million through a share placement, according to a term sheet seen by Reuters.

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Hutchison plans to sell shares in China ports unit: Update 3

Li Ka-Shing’s Hutchison Whampoa, the world’s biggest container-terminal operator, will sell deep-water port holdings in Hong Kong and southern China, hubs of record global trade, in what may be Singapore’s largest-ever initial public offering.

The company will retain a stake of about 25% in the trust that will own terminals in Hong Kong and neighboring Guangdong province, port operations along the Pearl River and shipping-support businesses, it said in a statement today.

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Hutchison to sell Hong Kong, China ports in Singapore

Hutchison Whampoa, controlled by billionaire Li Ka-Shing, plans to list Hong Kong and Southern Chinese ports in a Singapore trust to raise funds for expansion plans.

The company will retain a stake of about 25% in Hutchison Port Holdings Trust, which will hold the group’s deepwater container port operations in Hong Kong and Guangdong province, along with associated businesses and some Chinese river ports, Hutchison said in a Hong Kong stock exchange statement today. It didn’t say how much the listing may raise.

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Great Eastern said to sell $400m of 4.6% 15-year notes

Great Eastern Holdings, the Singapore insurance company, sold $400 million of 4.6 percent 15-year bonds, according to a person familiar with the matter.

The company set up a $1 billion multi-currency medium-term notes facility on Jan. 10, and appointed Oversea-Chinese Banking Corp. and Morgan Stanley to manage it, according to a Singapore stock exchange announcement.

 

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Swiber said to sell $120m of 5.9% notes due July 2014

Swiber Holdings sold $120 million of 5.9% bonds which mature in July 2014, according to a person familiar with the matter.

The sale was managed by DBS Group Holdings, the person said, asking not to be identified as details are private.

 
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Singapore’s GIC seeks to sell Seoul building-paper

Singapore sovereign wealth fund GIC (GIC.UL) is seeking to sell an office building in Seoul, with an estimated value of up to 1.1 trillion won ($1.27 billion), South Korea’s Maeil Business Newspaper reported in its Wednesday edition.

 

It bought the Seoul Finance Center for 355 billion won in 2000, breaking ground for Korea property investment as an institutional investor.

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GIC wants to sell Seoul Finance Center, Maeil Business reports

Government of Singapore Investment Corp. is seeking to sell the Seoul Finance Center, which it bought for about 355 billion won ($409.3 million) in June, 2000, the Maeil Business Newspaper reported today, citing an unnamed senior official in the asset management industry. The building may fetch as much as 1.1 trillion won, according to the report.

 

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CLSA downgrades Wilmar to sell from underperform

CLSA downgrades Wilmar International (F34.SG) to Sell from Underperform, lowers its target to $4.95 vs $5.70; “we do not buy into Wilmar’s argument that investors will condone its diversification into property as long as it makes money, the way they excused its investment in bank equities in 2009. We no longer see justification for valuing Wilmar as a pure agri play.” 

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Samsung to Sell Google TV Blu-ray Player, Companion Box

Samsung Electronics vows to ship Google TV-based Blu-ray players and companion boxes later this year, but it is still mulling whether or not to build a Google TV set. – Samsung Electronics Jan. 7 joined Sony, Logitech and Vizio as a hardware
partner for Google TV, unveiling a new Blu-ray Player and companion box for the
Web TV surfing service at the 2011 Consumer Electronics Show.
The new Blu-ray player and companion box was available to test at CES throughout t…


Compromised Apple iTunes Accounts Sell for Cheap Online

Some 50,000 iTunes accounts are being sold using a popular Chinese online store, according to a report. – Roughly
50,000 active iTunes accounts are reportedly being sold online for as
little as 15 cents.

According
to China’s Global Times
newspaper, the accounts are being sold through taobao.com, a popular
Chinese-language online store, for between 1 and 200 yuan the equivalent
of between 15 …


UOB KayHian cuts Genting Singapore to Sell

UOB KayHian downgrades Genting Singapore (G13.SG) to Sell from Hold, but keeps the target price at $1.85.

The house reckons Genting’s gross gaming revenue peaked in October and it says 2011 will be “a ’no event’ year wherein there would be disappointments to hyped up expectations for legalisation and potential size of the junket market, and overseas opportunities (eg Japan).” 

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Maybank may sell bonds to help finance Kim Eng takeover bid

Malayan Banking  may sell bonds to help finance the takeover of Kim Eng Holdings, Chief Executive Officer Abdul Wahid Omar said in Kuala Lumpur today.

The plan may include selling Singapore dollar debt as Kim Eng is a Singapore entity, he said.

 
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Technics Oil wins approval to sell Taiwan Depository Receipts

Singapore-based Technics Oil & Gas won Taiwan approval to sell 80 million Taiwan Depository Receipts, each representing 0.5 common share, according to a document sent to underwriter Polaris Securities Co. from the Financial Supervisory Commission in Taipei.

 

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Amazon Kindle Will Sell 8 Million Units in 2010: Report

Amazon.com will sell more than 8 million Kindle e-readers in 2010, according to unnamed sources talking to Bloomberg. That would greatly outpace 2009s predicted figures. – Amazon.com could sell more than 8 million Kindle e-readers
in 2010, according to a new report from Bloomberg. That would outpace earlier
estimates that placed device sales in the 5-million range.
Amazon has traditionally been reluctant to share sales
figures for the device, which it touts as one…