Singapore Stock Corporate News and Announcements

CELESTIAL - RECEIVES TWO AWARDS AT THE SECOND ASIA BRAND CEREMONY

Yangzijiang - Shareholder's loan S$16m for Yangzhou Huanzhou Deck Material Co., Ltd, out of net proceed raised from IPO.

TIONG WOON - AWARDED ITS FIRST SHIPBUILDING CONTRACT WORTH S$64.8 MILLION, TO BE DELIVERED IN DEC 2008

CHINA PRECISION TECHNOLOGY LTD: Coy made provision of RMB7mill in relation to custom issues. Board of directors has completed its review and determined the quantum of the fines. There is an over-provision for the custom issues by RMB1.6mill and this will be reversed accordingly in group's PnL statement.

PORTEK: Secured a 25 year port management concession in Gabon, Central West Africa.

TECHOIL AND GAS: Secures 5.25mill of contracts from China Shipyards for shipboard automation systems. Both contracts due for delivery in 2008. Not expected to have any impact on current FY.

Swissco: S$15M order for 2 more offshore support vessels to be deliver 1H09 and placed with a Chinese Shipyard in Southern China. Fund through mixyure of internal funds & bank borrowings

Suntec REIT. share purchase agreement signed with Cavell Limited for acquisition by Suntec REIT of a one-third interest in One Raffles Quay through the acquisition of the entire issued share capital of Comina Investment Limited for an aggregate value of S$94.15 million, and payment in cash, by Suntec REIT to the Vendor.

China Petrotech: Acquired a third integrated oilfield services contract in Shaanbei, China through a wholly owned subsi. This will be a 7 year contract and will expire in 2013. They will be paid RMB22mil from this project.

WesTech: Coy secured a facility agreement for USD30mil. This will be a 3 year agreement splited into 2 tranches - 20mil senior term loan facility and 10mil on credit facility. Sum raised will be used for financing working capital and to grow cust base and enlarging orders.

Alantac: 2 key staff: 1. exec vp for group operation 2. senior vp resigned.

KS Energy: Acquired shares of Harta offshore and Marine service Pte holdings by Harta holdings (wholly owned subsi of KS). Transaction not expected to have any material impact on eps and nta of coy for FY2007.

* Darco Water Ltd - secured a S$40 million zero-coupon convertible bond financing facility from a major UK-based fund manager to fund its business expansion in Build-Own-Transfer (BOT) water treatment plants projects and working capital purposes

* Lereno Bio-chem Ltd - Entered into a sale & purchase agreement with Artech Design Ltd (South Korea) for the sale of the company's 207 dinosaur exihibits, accessories & 58 parts of moulds for a consideration of S$0.6M as part of the company's complete divestment of its non-core business in the edutainment segment

* Vibropower Ltd - received the inprinciple approval from the Singapore Exchange Securities Trading Limited for the listing and quotation of up to
692,307,692 new shares in the Company to be issued upon conversion of the Bonds.

* Brothers (Holdings) Ltd - V. Plus Venture Capital Pte Ltd, a wholly-owned

subsidiary of the Company, has reduced its investment in Oakwell Engineering Limited, an associated company of the Company, by disposing a total of 5,251,000 ordinary shares in the open market. Subsequent to the above disposal, the Company's shareholding in Oakwell has reduced from 20.84% to 19.96%. Accordingly, Oakwell ceases to be an associated company of the Company.

Fung Choi Media: Subsidary, Guangzhou Fung Choi Weixun Culture and Broadcasting Co., Ltd has established a new subsidiary in the People's Republic of China (Shanghai Fung Choi Weixun Culture and Broadcasting Co., Ltd)

MIDAS : It's Aluminium Alloy Division, Jilin Midas Aluminium Industries Co., Ltd ("Jilin Midas") has been awarded "2007 China's Top Brand" by the General Administration of Quality Supervision, Inspection and Quarantine of the People's Republic of China ("AQSIQ")

Sembcorp Marine : 591,046,630 bonus shares have been allocated.

Global Testing : Wins taiwan's government prestigious industrial
achievement innovation award for their business strategy.