Starhub

OCBC has Buy call with $2.32 target. Says Starhub will benefit when Apple’s new iPhone 4G model, iPad with 3G features become available in Singapore in coming weeks. Stock’s high yield attractive amid current soft market conditions. Mgt is committed to paying S$0.05/share in dividend each quarter for FY10, translating to ~8.6% yield on $2.32 last traded.