Regional Morning Meeting Notes, November 05, 2007

CHINA Results WeiChai Power (BUY/HK$81.40/Target: HK$107.00) 3Q07: Fast growth continued. We adjust our FY08 forecasts and raise our target price to HK$107.00. INDONESIA Results Bakrie Sumatera Plantations (HOLD/Rp2,000/Fair: Rp1,900) 9M07: Net profit slips 6% to Rp136b despite a strong 39% revenue growth, mainly attributable to higher CPO price. London Sumatra Indonesia (BUY/Rp10,200/Target: Rp7,300-Under Review) 9M07: Net profit surges 64% yoy on the back of higher international CPO prices. Snippet Astra International (NOT RATED/Rp26,550) 9M07: Net Profit jumps 53%, propelled by strong 4Q sales and high CPO prices. Outlook remains positive. Bakrie Telecom (NOT RATED/Rp455) 9M07: Net profit soars 118.7% yoy to Rp113.5b due to strong growth in mobile phone subscribers. MALAYSIA Snippet Iskandar Development Region There were more market talks over the weekend that Walt Disney will build a Disney theme park in Nusajaya, IDR. SINGAPORE Results Venture Corporation (BUY/S$13.20/S$18.50) 3Q07: Creating value for sustainable margins. Snippet Keppel Land (BUY/S$8.30/Target: S$9.82) Two new JVs in Vietnam could contribute S$80m in pre-tax profit. TALKING POINT: SINGAPORE: HDD industry recovers For more details, click on the link. http://research.uobkayhian.com/research/content.show.action?filename=2007110509242872069101528.pdf