PRE-MARKET TAIWAN & SINGAPORE STOCK NEWS: Powerchip Semiconductor Manufacturing (6770 TT) expects double-digit percentage revenue growth in H2, Nasdaq 100 outperformed during Tuesday's Wall St rally

Powerchip Semiconductor Manufacturing (6770 TT) - Co. expects revenue to grow by a double-digit percentage in H2 and could propose its first cash dividend in four years next month, while remaining cautious on expansion, particularly overseas investment. (Taipei Times)

Tech - Nasdaq 100 outperformed in the broad rally stateside amid tech strength, as yields and oil declined on hopes for a looming Strait of Hormuz deal. (Newswires)

Other News - Taiwan Stock Exchange will shorten the cooling period for disposition stocks to five trading sessions from 10 and reduce the initial matching interval to two minutes from five, effective next Monday. (Taipei Times)

CapitaLand China Trust (CLCT SP) - Co. H1 (SGD) rev. fell 4.4% Y/Y to 152.3mln, distribution per unit fell 1.6% Y/Y to SGD 0.0245. (Business Times)

Centurion Corporation (CENT SP) - Co. was awarded a tender for a 30-year leasehold dormitory site at Kranji Close with capacity for 7,000 beds after submitting the highest bid of SGD 343mln. (Business Times)

GuocoLand (GUOL SP) - Co. and Hong Leong Holdings unit Intrepid Investments were the sole bidders for a former Keppel Club condominium site, offering SGD 576.78mln for the 99-year leasehold plot that could yield about 415 homes. (Business Times)

Keppel Infrastructure Trust (KIT SP) - Co. acquired a 45% stake in a second German solar portfolio from Enpal for EUR 34mln, increasing its renewable-energy capacity by about 205MW to around 1.4GW. (Business Times)

Mapletree Logistics Trust (MLT SP) - Co. priced SGD 400mln of subordinated perpetual securities at 3.5%, with proceeds intended for general corporate purposes and refinancing existing perpetual securities. (Business Times)