Singapore Stocks-Caution seen; KepCorp, United Fiber eyed

SINGAPORE, Jan 27 (Reuters) - Singapore shares may
have a cautious start on Friday after U.S. stocks fell
overnight, as investors await clearer signals on the direction
of the global economy ahead of a European Union summit next
week. 	
    Singapore's Keppel Corp Ltd may be in focus after
it reported record annual profit for 2011 and gave a bullish
outlook as high oil prices and strong demand for deepwater rigs
are set to fuel growth at the world's largest rig-builder.
  	
    Singapore forestry firm, United Fiber System Ltd,
said it has entered a S$1.5 billion ($1.2 billion) reverse
takeover deal with the owner of Indonesian coal miner PT Golden
Energy Mines Tbk. 	
                                                                
 ----------------------MARKET SNAPSHOT @ 0007 GMT ------------
                     INSTRUMENT   LAST       PCT CHG   NET CHG
 S&P 500                          1318.43     -0.57%    -7.620
 USD/JPY                          77.42       -0.04%    -0.030
 10-YR US TSY YLD                 1.9453          --     0.005
 SPOT GOLD                        1719.49     -0.03%    -0.550
 US CRUDE                         99.72        0.02%     0.020
 DOW JONES                        12734.63    -0.18%    -22.33
 ASIA ADRS                        125.09      -0.18%     -0.23
 -------------------------------------------------------------   
 
 	
> January U.S. rally interrupted as buyers pull back     	
> U.S. debt prices climb on Fed stance, Europe fears    	
> U.S. dollar carried away by Fed pledge               	
> Gold eases off highs to end flat                     	
> Oil ends up on Fed plan, U.S. data, Iran threat       	
         	
    Stocks and factors to watch: 	
    -- PT BERLIAN LAJU TANKER TBK  	
    -  Indonesia's largest oil and gas shipping company PT
Berlian Laju Tanker Tbk said late on Thursday it will stop
servicing its debt in a move that will affect $418 million in
repayments. 	
    	
    -- MAPLETREE INDUSTRIAL TRUST 	
    - Singapore's Mapletree Industrial Trust announced on
Thursday a distribution per unit of 2.16 Singapore cents for its
third quarter, beating its IPO forecast by 14.9 percent, mainly
due to higher portfolio occupancy and positive rental revisions.
 	
    	
    -- ASCOTT RESIDENCE TRUST 	
    - The manager of Singapore's Ascott Residence Trust said on
Friday it has sold a property known as Somerset Gordon Heights
Melbourne in Australia for A$11.7 million ($12.5 million).
 	
      	
    - Singapore's benchmark Straits Times Index rose
0.10 percent on Thursday to 2,894.43 points. 	
    - The Dow Jones industrial average lost 0.18 percent
to 12,734.63. The Standard & Poor's 500 Index retreated
0.57 percent to 1,318.43. The Nasdaq Composite Index 
dropped 0.46 percent to 2,805.28. 	
    	
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($1 = 0.9392 Australian dollars)	
	
 (Reporting by Eveline Danubrata; Editing by Sanjeev Miglani)