Key stocks to focus

Key stocks to focus on will be Olam and Yoma. * Olam: plunged 21% yday, in OTC trading in New York, to US$1.10 (~S$1.34) after famous short seller Carson Block said he’s betting against the shares because he questions the co’s accounting methods. *Yoma: lifts halt this morning. Unveils plans for an iconic luxury mixed devt in Yangon, Myanmar. To raise capital via 1-for-4 proposed rights issue, and has completed a private placement of 192.3m new shares at $0.525 to investors, including The Capital Group. In other corporate news, * Creative Tech : To license tech, patents to Intel as part of US$50m deal; to sell equity interest in ZiiLABS Ltd * Golden Agri: Targets 5-10% growth in palm oil ouput in 2013 vs 6-10% growth this yr * Delong: Reports JV for construction and operation of LNG fueling stations in China * PEC: Wins 2-yr contract to carry out mechanical piping works at refinery * HanKore: Says plant approval for 44.3% hike in water tariff to have positive financial impact * United Envirotech: Says price of buying wastewater treatment, reclamation plants in China determined * Nera Tel: Eltek sells all its sh in NeraTel for NOK418m * Ramba: Gives update on Lemang Block; has started logging, analysis * SIA: Signs codeshare agreement with Aegean Airlines * Willas-Array Electronics (WAE SP): Reports strengthening of distribution business in China, Hong Kong with JV * Zhongmin Baihui: Reports lease of new premises in Fujian province