Singapore stock news and announcements 10th sept


Keppel Corporation : It's wholly own-ed subsidary, Kephinance Investment
Pte Ltd, has acquired 465, 000 shares of K1 ventures limited, an
associated company of KCL.
KCL's interest in k1 ventures has increased from 35.21% to 35.23%


Sing Holdings Limited : It's subsidary, D9 Cairnhill Properties has increased it's issued and paid-up share capital from S$100 TO S$1,000,000 by an allotment and issue of
rights shares of 999,900 ordinary shares at s$1.00 per rights share.


Singapore Airport Terminal Services Limited (SATS) : Mr Clement Woon Hin Yong will be joining SATS as it's President and CEO from 1st November.
Before this appointment he was President, Geo Systems division of Leica Geosystems, a multinational corporation for spatial/surveying solutions.

OCBC: Share Buy-back

SC Global Developments : Issue price of each fully paid new share to shareholders who have elected to recieve the qualifying dividend shall be $4.84. Scrip Dividend Advices will be despatched on or about 12 September
2007 to Shareholders who have permanently elected to participate in the Scheme. Participating Shareholders who wish to cancel their permanent election should do so by completing and delivering to CDP a notice of cancellation.

LUNG KEE HOLDINGS LTD: Half yr results revenue up 26%, net profit up 100%, EPS (HK20.03 cents) up 100%. Substantial growth attributed to strong domestic consumption in China, as the automobile parts and accessories manufacturers enjoyed promising growth in orders. Expansion of the Heyuan plant in Guangdong province completed, further expanding the production capacity of the group.

CDW HOLDINGS: Clarified that interim dividend is 0.4US cents per share instead of 0.1US cents per share, to be paid on 5 Oct 2007.

UNITED INTERNATIONAL SECURITIES LTD: Announced that as of 5 Sept, group's unaudited NTA/share was S$2.02.

GOLDEN AGRI: Share split to 2 ordinary shares per current ordinary share.
Trading of sub-divided shares to commene on 11 Sept 9am

APAC STRATEGIC INVESTMENTS LTD: Revenue up 176% , Net profit up 18%.
Increas in revenue and gross profits were offset by higher expenses as company continued to build its selling/distribution channels and operations.

SINGTEL: Disposal of 49.9% of shareholding in Network i2i limited, selling to Bharti Airtel Limited for US$66.7mill. Gain on disposal will amount to approx S$104mill, of which s$72mill will be recognised in the 2Q ending 30 Sept 2007.

BANJOO: Company entering a MOU to acquire entire capital of Megatalk Pte Ltd from NTUC. Megatalk is principally engaged in providing telco services and related services. Proposed acquisition further enhances company's strategy to becoming the leading internet platform in PRC with proposed investments in online loterry, media and entertainment businesses.

Capital Land: Rock productions & capitaland develop integrated civic, cultural, retail & entertainment hub @ vista xchange, one-north on a 60 yr lease term @ a land bid price of S$188.988M expected to be completed by
2011

Financial One Corp: Financial One's taiwan subsidiary will increase its paid-in capital by placement of new shares 2 financial one & conversion of capital surplus.

Cambridge Industrial Trust - CIT to issue New Units for a private placement to raise up to S$193.9 million to fund the acquisition of the Target Properties

Armstrong - UK'sLloyd George raises stake from 4.11% to 5.43%. 2nd institutional fund to become substantial shareholder in 4 monthsL.loyd George manages over US$14.4 billion in assets in Asian and global emerging markets

Anwell has on 16 August 2007 subscribed for the third and fourth sub-tranches of the Tranche 1 Notes in the principal aggregate amountof S$2,000,000 (the "Third and Fourth Sub-tranche Notes") and a further sum of S$2,000,000 on 31 August 2007.

Pacific Healthcare extends India Operations with Strategic Investment in Heart Centres
- takes 15% stake in Cure Heart Limited which owns 68% of a cardiac care group in Bangalore and Goa, India
- Deal further reinforces Pacific's position as a regional premier healthcare services provider
-Strengthens ties with Kuwait Finance House (Malaysia)B hd

Fibrechem. Rights issue of 1 rights share for every 4 fibrechem shares.
Rights shares par value at $0.01 each and conversion price at S$0.50.

Wing Tai Signed Memorandum Of Understanding To Form Joint Venture Company with Jin Li Group, to be part of the Chengdu city's efforts to renew and develop its city centre. To develop a potential gross floor area of about 900,000 sq ft.

UniFiber - isseud zero-coupon convertible bond due 2012 US$25m, conversion price of $0.355