Tokyo Stock Exchange warns SGX not to raise ASX offer:

TOKYO, Feb 22 (Reuters) - The Singapore Exchange (SGXL.SI) should not raise its already generous offer to buy Australian bourse operator ASX (ASX.AX) because that would bring unnaceptable dilution for its shareholders, said the chief executive of the Tokyo Stock Exchange, which owns a 5 percent stake in the Singapore bourse. SGX faces pressure to sweeten its $7.9 billion offer for the rival Australian bourse to counter opposition to the deal from politicians and win regulatory approval, which requires an agreement to lift a 15 percent cap on foreign ownership. Full story Related: Singapore bourse shouldn't raise ASX offer, TSE warns, (SGXL), (ASX) - TakeoverChatter.com

Full article: http://singaporenewsalternative.blogspot.com/2011/02/toky...

Tweets

NYSE, Tokyo Stock Exchange explore ties: NEW YO...

straitstimes.com 02 Mar '11, 2am

NEW YORK - TOP executives of NYSE Euronext and the Tokyo Stock Exchange met on Tuesday in New York to discuss plans to lin...

All-day trading at SGX by 2nd quarter of 2011: ...

straitstimes.com 18 Feb '11, 7am

Singapore Exchange (SGX) said on Friday that it is seeking regulatory approval to offer non-stop trading from 9am to 5pm f...

ASX deal will help companies grow: Singapore Ex...

todayonline.com 06 Mar '11, 10pm

The Singapore Exchange (SGX), pursuing a takeover of ASX, said the deal would help companies trading on the Australian Sto...

SNA - Singapore Exchange stepping up its campai...

THE Singapore Exchange is stepping up its campaign to take over the Australian Stock Exchange. Singapore Exchange's chief ...

Caltex to raise pump prices: SINGAPORE: Prices of petrol in Singapore have gone up again.

Caltex to raise pump prices: SINGAPORE: Prices ...

channelnewsasia.com 23 Feb '11, 7am

SINGAPORE: Prices of petrol in Singapore have gone up again. Caltex said it will raise petrol and diesel prices by four ce...

Egypt stock exchange to reopen Wednesday

Egypt stock exchange to reopen Wednesday

channelnewsasia.com 12 Feb '11, 1pm

CAIRO: Egypt's stock exchange is to reopen on Wednesday, state television said, more than two weeks after it was shut down...

www.Vietnam-VIP.com Vietnam to raise electricit...

asiaone.com 20 Feb '11, 9am

Prime Minister Nguyen Tan Dung has approved a plan to raise the price, but at a lower percentage than the 18 per cent prop...

[CNA] Better chance seen for SGX-ASX merger aft...

channelnewsasia.com 15 Feb '11, 3pm

SINGAPORE : Stock markets are now more optimistic that the proposed merger of the Singapore Exchange (SGX) and the Austral...

Ambush marketing in India defeating cricket chiefs

sg.finance.yahoo.com 18 Feb '11, 4pm

{ "market" : {"NAME" : "", "ID" : "sg", "TZ" : "", "TZOFFSET" : "28800", "open" : "", "close" : "", "flags" : ""} ,"STREAM...

Three health products, masked as traditional medicines, have been found to contain potentially harmful ingredients.

Three health products, masked as traditional me...

straitstimes.com 23 Feb '11, 9am

Majun Dua Istimewa -- PHOTOS: HSA MASKED as traditional medicines, three health products have been found by the Health Sci...