PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Simple Mart is to acquire OKmart for TWD 125mln

Simple Mart Retail Co. (2945 TT) - Simple Mart is to acquire OKmart for TWD 125mln. (Focus Taiwan)

Starlux Airlines (2646 TT) - Taiwan's Civil Aeronautics Administration is investigating a Starlux Airlines flight from Taichung to Kobe, Japan, after it experienced a hard landing on January 20th, and has grounded the crew pending the inquiry. (Focus Taiwan)

• Taiwan Industrial Production YY (Dec) 21.6% vs Exp. 12.0% (Prev. 15.8%, Rev. 16.4%)
• Taiwan Money Supply M2 YY (Dec) 5.0% (Prev. 5.1%)

StarHub (STH SP) - Co. CEO warned that ultra-low telco prices may hurt service quality and security. (Straits Times)

Ho Bee Land (H13 SP) - Co. is to acquire a development site in Queensland, Australia for AUD 318.5m, while it is to finance land acquisition via internal funds and bank borrowings. (Newswires)