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Online investment advisor Surf88.com weirets on the value of investing in Global Soft saying they believe Global Soft offers good potential due to its attractive valuation, high margins and promising track record. While overall IT demand remains rather lacklustre this year, we find Global Soft surging ahead on the back of market share gains and new product introductions.
Singapore Airlines (SIA), facing unprecedented losses from a plunge in passenger traffic triggered by the Severe Acute Respiratory Syndrome (SARS) outbreak, unveiled yesterday plans to raise cash through a debt issue, and market speculation is that it may raise up to US$1bil.