FCT highlighted in recent DB conference last week - rental reversion growth of 6.6% in FY10 sustainable, looking to acquire Bedok Point and Centrepoint, upgrading Causeway Pt & considering retail suburban malls in M'sia. Gearing is comfortable 31.4% & confident of refinancing $260m debt due Jul 2011 at lower cost
STI broke 200-day moving average at 2776, trading below trend channel
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