daily focus regional www dbsvickers com refer to important disclosures at the end of this report in addition disclaimer 21 march 2006dbs group research equity regionaldbs 7 june 2006 ideas day central pattana plc centralworld be opened late thismonth buy updrade form hold bt20 20 cpn tb we returned from s analyst meeting with our positive view unchanged prospects for rest year remain first phase renovation and expansion plaza is almost completed ready second will feb 2007 result higher revenue 2h06 onwards continue expand aggressively eight new projects planned up 2010 share price has fallen 8 since downgraded stock recently now offers 26 upside dcf based target bt25 50 hence upgrade rating hengxin technology 1q06 results within expectations 0 39 heng sp tp 73 story reported strong that were inline
