Wednesday, September 26, 2007

SGX : Singapore stocks and shares related news 26sept

Sing Holdings: Will move from sesdaq to mainboard. In principle approval by SGX yesterday. When it will move will be announced on a later date.

STAR CRUISES - Cancel excercise option to construct a passenger cruisse vessel of contract price Euro 700m

STAR CRUISES - 100% shareholders vote FOR substantial disposal regarding the deemed disposal arising from subscription for new shares by an investor in a major subsidiary, NCLC LTD

Scorpio East wishes to announce that 17,000,000 new ordinary shares have been issued pursuant to the Placement. The New Shares are expected to be listed and quoted on the SGX-Sesdaq with effect from 9.00 a.m. on 26 September 2007.

Int Roller has incorporated a whollyowned subsidiary, Inter-Roller Airport Logistics System (Suzhou) Co., Limited ("IR Suzhou") in Suzhou, China. IR Suzhou will have the capability to handle design, project management, and manufacture of airport logistics system, specifically for the needs of the China market. IR Suzhou has a registered capital of USD1,050,000 and the capital is expected to be fully paid up within a year.

Sitra Holdings (International) Limited announced today that it has entered into an MOU with Ukraine's leading Do-It-Yourself ("DIY") hypermarket, Epicentr K, for a proposed joint venture in Singapore. JV co. called BMG Global Pte Ltd. It is expected to have an initial paid-up capital of USD10 million to be contributed by both partners in equal proportion. BMG Global will act as a sourcing agent and supplier to Epicentr in Ukraine, in order to procure and supply a broad range of building material products sourced from and within Asia. In addition, BMG Global will also act as the sourcing arm for hypermarkets in Eastern and Central Europe for a wide range of building materials ranging from hardware, sanitary ware, decorative items and so on.

* GEMS TV Holdings Ltd - its 100% indirectly owned subsidiary, London Diamond Company Limited, in the United Kingdom (“London Diamond”) which was placed under members’ voluntary liquidation, has been dissolved. London Diamond was dormant since 10 June 2005.

* Sing Holdings Ltd - received in-principle approval from the Singapore Exchange Securities Trading Limited to upgrade from the SGX-SESDAQ to the SGX Mainboard (the “Mainboard”). The listing and trading of the Company’s shares on the Mainboard will commence on Friday, 28 September 2007.

* Popular Holdings Ltd - Company has acquired 2 ordinary shares of RM1 each in the capital of Seashore Publishing (M) Sdn Bhd. The principle activities of Seashore (M) are in the business of publishing and distributing books, articles and other printed materials.



* Neratelecommunications Ltd - signed a Contract with a Government Organisation in Asia for the supply, delivery, installation, testing and commissioning of an integrated telecommunication system.The Contract has a value of about S$40.6M and will be implemented over a period of approximately 2 years.

* Abterra Ltd - Incorporated a wholly-owned subsidiary named Tian Yi Investments Pte Ltd with principal activities in commercial, residential & industrial properties.

* Freightlinks Express Holdings Ltd - Requests for lifting of trading halt as on 26th Sept 07 @0900hrs

- Kaplan Funds Management Pty Limited (KFM), manager of the KFM Diversified Infrastructure and Logistics Fund and Kaplan Equity Limited (“KEL”) has jointly subscribed for a placement of 180 million new shares in Freight Links Express Holdings Limited (“FLEH”) at S$0.10 per share. The net proceeds from this placement amounting to S$18 million will fuel the expansionary path of the Freight Links Group

* Casa Holdings Ltd - The sale of its investment in Subsidiary Company - Changzhou Casa Shinco Electrical Appliances Co. Ltd, has been completed on
25 Sep 2007.

Sinostar PEC Hldings Limited : Producer and Supplier of downstream
petrochemicals IPO issued at 0.38 cents each, (150 million new shares
and 10.4 million vendor
shares) Starts trading on the SGX on the 26 september.

Cambridge Industrial Trust: The unitholders have approved the issue of new
units to raise gross proceeds of approximately S$193.9 million
(the "Equity Fund Raising").
Believes it is the first REIT to offer units into the United States.

KSH Holdings: Refs to announcements dated 20 September 2007. Proposed issue 1% coupon unconditional unsubordinated unsecured convertible Notes due 2011 of in
aggregate principal amount of up to S$20 million.
This was excercised by DBS today.

STARHUB : Daily Share Buy Back Notice

Hsu Fu Chi has incorporated 2 new subsidiaries in Henan province of PRC engaged in activities of :

a) Sales production and storage of foodstuff; fruits & vegetables; processed meats, poultry and food commodities and
b) Sales and production of nuts, groceries and food additives.

Hsu Fu Chi also completed incorporation of two other subsidiaries that were in the process of incorporation at the time of the Company’s IPO. the subsidiaries are engaged in the following acitivities:
a) Sales and production of functional Food, nutritious candies, health-care food.
b) Production of plastic products, plastic packaging materials (including printing process) for sale to PRC domestic and overseas markets.

Tr Networks' disposal of Three Rifles Building at Macpherson Road was not completed as scheduled.

Sitra Holdings - arrives at a MOU with EpiCentr from Ukraine to engage in the following activities
a) to act as the sourcing agent and supplier of EpiCentr in the procurement and supply of Products sourced from within Asia;
(b) to act as the sourcing arm for hypermarkets especially for the growth nations in Eastern and Central Europe, for building materials ranging from hardware, sanitary ware, decorative items and others;
(c) to participate in the development of new EpiCentr hypermarkets in Ukraine; and
(d) to participate in property development in Ukraine.

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