0710 GMT [Dow Jones] China’

0208 GMT [Dow Jones] STOCK CALL: Nomura downgrades Hyflux (600.SG) to Neutral from Buy as says earnings momentum stalling, sets new S$1.93 target price (previous target price not given). Broker says China government’

(END) Dow Jones Newswires

November 12, 2008 19:25 ET (00:25 GMT)

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0245 GMT [Dow Jones] Hyflux (600.SG) sharply higher after water treatment company reports more than doubling of 3Q08 net profit to S$18.5 million on back of growing work in China, Middle East, North Africa

0055 GMT [Dow Jones] Hyflux (600.SG) may head higher after the water treatment firm says 3Q08 net profit more than doubled to S$18.5 million on back of growing work in China, Middle East, North Africa. JPMorgan says results were "

0241 GMT [Dow Jones] STOCK CALL: Credit Suisse cuts Hyflux (600.SG) target price to S$2.67 from S$3.60 to reflect China’

Volatile trading characterised the final week of a torrid month for investors in equities, currencies, bonds and commodities as data showed the global economy facing a protracted recession.

0300 GMT [Dow Jones] Hyflux Water Trust (D7TU.SG) +10.1% at S$0.38 as decision to buy 5 water-related infrastructure assets in China from sponsor Hyflux (600.SG) raises expectations of better DPU payout going forward. Move will cost S$88 million, expected to be funded by existing credit facility. Favorable terms of acquisition helping sentiment, as sponsor has pledged to pay HWT minimum sum for 2 years if plants function at lower utilization rate or incur cost increases. "

0807 GMT [Dow Jones] STOCK CALL: Nomura cuts Hyflux Ltd (600.SG) target price to S$1.79 from S$3.18 on lower expected gains from divestment to Hyflux Water Trust with higher capital needs impacting funding needs. However, says recent sharp correction in Hyflux’

(END) Dow Jones Newswires

October 09, 2008 19:45 ET (23:45 GMT)

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