Singapore Stocks - Factors to watch on Dec 5

SINGAPORE, Dec 5 (Reuters) - Following are some
company-related and market news which could have an impact on
the local market.

----------------------MARKET SNAPSHOT @ 0048 GMT ------------
INSTRUMENT LAST PCT CHG NET CHG
S&P 500 1407.05 -0.17% -2.410
USD/JPY 81.89 -0% 0.000
10-YR US TSY YLD 1.6096 -- 0.005
SPOT GOLD 1696.39 -0.02% -0.350
US CRUDE 88.53 0.03% 0.030
DOW JONES 12951.78 -0.11% -13.82
ASIA ADRS 122.21 -0.16% -0.19
-------------------------------------------------------------

GLOBAL MARKETS-Asian shares lacklustre, capped by US budget
worries
SE ASIA STOCKS-Thailand off peak, Manila at record high

STOCKS TO WATCH
-- OLAM INTERNATIONAL LTD
- Singapore commodities trader Olam, which is battling
short-seller Muddy Waters, said late on Tuesday it had asked one
of its banks last Saturday to take an "investment opportunity"
to its second-biggest shareholder, state investor Temasek
Holdings.
Olam's $1.2 billion cash call lifted its shares on Tuesday
but failed to ease concerns about the company's financial
position after its CEO only last week said it would not tap debt
markets for the next five to six months.

-- WILMAR INTERNATIONAL LTD
- Singapore's regulator has fined two executives from palm
oil company Wilmar International a total of S$160,000
($131,200)for insider trading. Wilmar said in a separate
statement it will retain the two executives in their current
positions.
Goh Ing Sing, head of Wilmar's plantation division, and
Keu Haw Gee, plantation director for Kalimantan and Sumatra,
bought shares in palm oil company Kencana Agri Ltd in
August 2010, ahead of an announcement from Wilmar that it was to
buy a 20 percent stake in the company. Kencana's share price
rose 10 percent after the acquisition was announced.
Goh made a profit of S$43,000 from his share purchase
while Keu made S$2,000. They were fined S$110,000 and S$50,000
respectively.

-- THAI BEVERAGE PCL
- Thai Beverage said its subsidiary had entered into a S$3.3
billion five-year loan facility with a syndicated group of banks
in Singapore. The proceeds will be used to pay most of its
existing short-term loans, including a S$2.8 billion bridge loan
facility.

MARKET NEWS
> Nikkei falls as sentiment sours on US budget concerns
> Wall St slips as investors seek cliff progress
> Bond prices rise on Fed buying but range holds
> Euro firm vs USD; AUD bulls give RBA the brush-off
> Gold near 1-month low, US budget talks drag
> Oil falls on US budget, fuel demand concerns
> Key political risks to watch in Singapore

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