Friday, October 26, 2007

Compact Metal announced completion of the sale and leaseback of the
property situated at 120 Pioneer Road with RBC Dexia Trust Services
Singapore Limited as trustee of Cambridge Industrial Trust took place
today, 25 October 2007.

Straits Asia Resources Limited is pleased to announce that it has entered
into sale and purchase agreements to acquire mining, exploration and
offtake rights to two coal mining areas to the north of its existing
operations on Sebuku Island.

Ascott. 3Q07. Ascott NPAT down 41%. After net gain of 3.5m, from divestment of hotel asia, NPAT dwn 47%.

DBS THIRD QUARTER EARNINGS UP 17% TO SGD 648 MILLION BEFORE ONE-TIME ITEMS.
After 34mil impairment charge for its stake in TMB in Thailand. NPAT is
610mil, up 11%. Net interest income rose 15% from a year ago and 2% from
the previous quarter to SGD 1.05 billion as asset volumes increased. While
none of DBS' SGD 2.36 billion of CDOs as at 30 September has defaulted,
total allowances of SGD 70 million were set aside for the SGD 275 million
of CDOs that had some exposure to US sub-prime assets. This comprised SGD
43 million in specific and general allowances charged to the profit and
loss account and SGD 27 million marked against existing cumulative general
allowances.

Chartered. 3Q07. Revenue up 9.4%. NPAT up 77.5%.

ST Engineering - electronics arm wins S$15m Bangladesh bank project. No
impact on current year financial

Luzhou - took a term loan of US$10m

Ascott - enter Kyoto with second citadines in Japan

CapitaMall Trust: Entry into 3 yr lease agreement with capitaland retail
project management P L for non-commerical unit space @ IMM Building for
total contract value S$414K

Delong: 3Q results on 31 Oct '07

Aqua Terra: Establistment of a branch office in India by sub., Marine P L
funded by internal sources. No material impact on EPS or NTA for CY

Allied Technologies: Proposed bonus dividend & rights issue listing & quotation for 189,490,000 right shares will be trading on 26 Oct '07 9am

Foreland: 3Q ended 30 Sept on 14 Nov 07

Maple Logistics: Gross revenue increase to $38.5M from $21.5M. Net property
income increase to $33.9M from $19.3M. Available distribution per unit 1.72
cents v. 1.32 cents. Improvement due mainly to a full quarter's contribution from 9 new properties completed in 2Q07 & 3 additiona; properties acquired in 3Q '07


* Capitaland Ltd - Sichuan CapitaLand Zhixin, the joint venture company
formed between CapitaLand China and Sichuan developer Chengdu Zhixin
Industrial Co., Ltd., has acquired three adjacent land parcels in Chengdu
City, Sichuan Province, in recent government land auctions for a total of
RMB692.03 million (S$137.4 million).

* SNF Corp Ltd - The adjourned hearing on 23 October 2007, the injunction
application taken out by Low Shiong Jin and Ariel Singapore Pte Ltd was
adjourned to a date to be fixed after 13 November 2007.

* ASL Marine Holdings Ltd - Ang Swee Kuan has increased his stake from
58.10 % To 62.83 % arising from the conversion of warrants and the exercise
of employee share options.

* STX PO Ltd - Entered into a JV with China Marine Shipping Agency Ltd &
Qingdao STX-Keyun Logistics Co. Ltd for the establishment of STX-Sinotrans
Shipping Co. Ltd with a registered share capital of RMB5M

Straits Asia acquires additional coal licenses on Sebuku Island

Yanlord - Acquires prime site in urban area of Nanjing for a consideration
of RMB 640.0 million with gross floor area of approximately 93,280 sqm.

KBC Asset management crosses 5% mark and becomes substantial shareholder of Bio-treat.

StraitsAsia: Coy signed MOU to purchase coal producer in Indon. Coy raises
USD102mil in global book build to complete coal mine acquisition.

SembMar: Appoints Mrs Maureen Leong to oversee group finance. She will
assist SCM in finance, treasury and tax matters in the interim for min 6
months. Previously she was CFO of SembCorp Logistics.

StraitsAsia: Coy signed MOU to purchase coal producer in Indon. Coy raises
USD102mil in global book build to complete coal mine acquisition.

SembMar: Appoints Mrs Maureen Leong to oversee group finance. She will
assist SCM in finance, treasury and tax matters in the interim for min 6
months. Previously she was CFO of SembCorp Logistics

Thursday, October 25, 2007

Osim: Net losses decrease 48%. Brookstone 3Q result ended Sept 07. Net loss
of $9.4M for 3Q. YTD losses $24.7M v $30.3M PY

Freight Links: Proposed placement of 180M new ord. shares @ S$0.10 each

SP Chem: 3Q results announcing on 30 Oct '07

Hup Soon: Proposed acquisition of 30% shareholdings of Nichiyu Asia P L from Nippon Yusoki Co- manufacturer of electric material handling equipment for approx. $2M. No material impact on current financial year.

Jaya Holdings: 1Q results announcing in 7 Nov 07

* SHC Capital Ltd - Disposal & lease of properties @302 Orchard Rd, Tong Building

* Leeden Ltd - Sale of the 272,000 treasury shares in the open market at the sale price of S$0.59 each on 23 October 2007.These treasury shares were ordinary shares purchased by the Company pursuant to a share buy-back mandate. The book value of these treasury shares was S$87,000.

* MacarthurCook Industrial REIT - signed an agreement to acquire 11 Changi South Street 3 for S$20.8 million.

* Longcheer Holdings Ltd - as at 12 September 2007, 40.63% of the Company’s shares are in the hands of the public.

* Fuxing China Group Ltd - announce the cessation of the stabilising action with effect from the close of trading on 24 October 2007. Also, UOB Kay Hian has on the same day exercised the Over-allotment Option granted by the Company in respect of 25,000,000 Shares to be issued by the Company.

Addvalue Tech - secures phased contract for design and supply of inmarsat class 11 land mobile bgan terminal, potentially more than US$1m

CWT - Ventures into Vietnam

FuYu - proposed placement of 117m shares at S$0.18

ST Eng - completes share swap in Sino Stride Technology Ltd for Shougang Concord Technology

SPC - Revenue down 0.1% due to fewer fuel crude oil imports from Middle East. NP up 330% due to high oil prices.

straco: completion of the entire issued and paid up share capital of New Bay Holdings which has now become a wholly owned subsi. Will not have any impact on EPS or NTA of coy for FY07.

Hi-P: Will release 3Q07 results during lunchtime on Tuesday, 6Nov.

Cityneon: A Sesdaq listed exhibition and event management service pleased to update the public that booming demand from the global MICE industry has enabled the group to achieve a record orderbook of S41mil to date. Positive outlook for FY07 and 08... will continue strong growth momentum.

COSCO: Clinched shipbuilding contracts totaling US1.34bil to build 29bulk carriers from serveral foreign shipowners.

MacArthurcook Reit Acquires Changi property for $20.8b. The acquisition increases FY2008 DPU by 0.23 cents to 7.64 cents per unit and FY2009 DPU by 0.22
cents to 7.81 cents per unit.

Bio-Treat wins RMB 70m contract for BOT wastewater treatment project in Binzhou city

HPl establishes a new subsi called Landeal Property, no financial impact.

Capitaland establishes new indirect wholly owned subsi called LOMA IT Park Developers Private Limited in India

Ascott Residence Trust. 3Q07. unitholders’ distribution1 of S$12.0 million, an 84% increase YoY. Distribution per unit (DPU) for the same period is 1.99 cents, an increase of 39% over 3Q 2006. 9% higher than forecast.

Oculus. incorporated a new joint venture company named Aretae EcoVentures Pte Ltd pursuant to the joint venture agreement entered into between the Company and Aretae Pte Ltd. incorporated solely for advising on, managing and running waste-handling & disposal and renewable energy & sustainable development projects and is part of the Company’s strategy to develop Renewable Energy and Environmental Resource businesses.

Wednesday, October 24, 2007

Capitaretail China Trust: 3rd Q Results - Gross Revenue S$54M, Net property
income: S$34M, Available for sistribution: S$23M, DPU 4.92 cents. Noted
that gross & net property income are lower than forecast shown in
prospectus dated 29 Nov '06 by approx. 6%.

Ezra: Set up JV, Eminent Offshore Logistics P L, to purchase, own & operate
vessels.

HongFok: Proposed bonus dividend & rights issue approval in-priniciple of
the Spore Exchange Securities Trading Limited


STATS ChipPAC: Opening of second manufacturing facility in China to further
strengthen its position as the largest turnkey assembly & test service
provider in China.


KeppelLand: NP increased 68% from $135M to $227M. Mainly due to increase in
revenue from $606M to $1037M as a result of new trading projecs recognised
in 2007, namely Sixth Avenue Residences in Singapore & Villa Riviera in
China. Exisiting projects also contribute to higher revenues.

Keppel T&T: NP increased 5% from $35M to $37M. Improvement came mainly from
associated companies which saw contribution rising 21% to $39.8M.

SINGPOST: Will announce results on the 30th of October, after trading hours

CHINA FOOD INDUSTRIES: Listing and Quotation of 527,000,001 new ordinary
shares

ST ENGG: Will release results on the 7th of november

CHINA HAIDA: Placement of 25 million new ordinary shares in the capital of
China Haida at 0.282cents
per placement share. Will be listed on the 24th of
October, 07, today.

SINGTEL: Results will be announced 7th nov, 07

SEMBCORP: 3rd quarter results will be released on thursday, 6th nov, 07

SembCorp Marine (the Company) wishes to inform that the net consideration
received from its disposal of the shares in Cosco Corporation (Singapore)
Ltd (Cosco) is approximately 17.5% of the net asset value of the Company.
The net profits attributable to the said shares compared with the net
profits of the Company, and the aggregate value of the consideration
received compared with market capitalization of the Company are both less
than 5%.

SembCorp Marine gains $230m from partial sale of stake in Cosco.

CCT - achieved DPU growth of 18% for 3Q, 12.6% higher than expected. 50% of
leases to expire soon, poised to benefit from revised rental rates. Revenue
for 9 months ended improved 79.2% yoy.

Rolta results - One of India's leading It companies reported a 44.2%
increase in net profit yoy. Net profit margin improved by 24.4% Company
also announced 1:1 bonus issue.

Ezion - Establishment of a 50:50 Joint Venture
Company, Eminent Offshore Logistic with Ezra Holdings
Limited

ASCENDAS INDIA TRUST - Total Property income up 54%,
Net property income up 66%, DPU 2.95cents


Oct. 23 - Asian shares firmed Tuesday, cheered by a recovering Wall Street and Apple's upbeat earnings.


Japan's tech names like Sony helped the Nikkei rebound, along with a slightly weaker yen.

Dan Sloan reporting.

Monday, October 22, 2007

SGX does not regulate how and when broking firms impose trading curbs on stocks.

'These are actions that the
individual broking house would take
to manage its credit exposure, its
stock exposure,' said SGX's head of
risk management and regulation Yeo
Lian Sim. 'SGX does not specifically
have rules on this, nor would we
micro-manage the companies in the
actions that they take.'


She was speaking to reporters at a
briefing convened after 33 retail
investors turned up at SGX's
premises in Shenton Way yesterday
afternoon. They wanted to know why
some broking houses had imposed
trading restrictions on shares in
Uni-Asia Finance Corp before a
drastic drop in the stock price
earlier this week, and if there was
foul play involved.


A commentary in BT on Thursday had
asked if advance knowledge of such
trading curbs at broking houses
should be considered price-sensitive
information, and whether such
decisions should be regulated
accordingly.


'They (the retail investors)
demanded investigation. They wanted
to know whether there was any foul
play and why the curb was imposed
and why SGX did not intervene,' said
David Gerald, president of the
Securities Investors Association of
Singapore (SIAS), who was also at
yesterday's briefing.


SGX's head of markets Gan Seow Ann
had contacted Mr Gerald and asked
him to talk to the investors.


Most of them 'appeared to be contra
players', said Mr Gerald. Contra
traders buy and sell stocks within
three days without having to pay any
cash up front, aiming to make a
profit without using capital.


'They're unhappy about the fact that
a trading curb was imposed and
suddenly the price fell. They
complained that they had lost a lot
of money,' he said.


Investment company Uni-Asia listed
on SGX on Aug 17. After a lacklustre
start, its share price began to
climb rapidly late last month, more
than tripling from 78 cents on Sept
27 to $2.50 on Friday last week.
Then on Monday the price hit an
intra-day high of $2.79 before
plunging to close at $1.95.


The sudden collapse was attributed
to broking houses imposing
restrictions requiring customers to
put cash up front to trade the
counter.


Yesterday, Ms Yeo said the stock
'has been on our radar screen since
late September when the price
started moving up' and SGX is
continuing to monitor it for unusual
trading activity.


Pressed for details, she said: 'We
are doing what we normally do for
all companies. We don't discuss
individual investigations in public.
When we look at the trading, we will
investigate for market manipulation
or insider-trading. That's part of
our normal modus operandi.'


'We have also got in touch with the
issue manager for this counter, DBS
Bank. They have also looked into the
matter and they have not discovered
anything that requires disclosure,'
said Ms Yeo. 'There is of course the
question of was there any
manipulation. We will also
investigate those possibilities just
as we do all the time for all the
market trading.'


Mr Gerald said he will meet broking
houses on Monday to find out why
they had imposed the curbs.


Meanwhile, 'I would ask the retail
investors to be calm and allow SGX
to complete its investigations and
SIAS to look into this matter
further with the broking houses,' he
said.


'If they need legal advice, SIAS
will be more than happy to help them
... at the appropriate time.'
Singapore stocks and share market related newsw 22oct

A-Reit Results - Distributable income per unit grows 11% yoy. Gross revenue grows 15%. To grow portfolio with new acquisitions and developments.

Fastech Synergy Results- Turnover falls slightly due to lower volume shipped by the company's assembly segment. Registered 9% growth in sales for the 9 months ended. The gross loss improved from $1.29mil for the nine months ended in 06 to $1.16mil for the nine months ended 07

Nico Steel announced setting up of a new wholly-owned subsidiary "Nico Steel Technology (Suzhou) Co., Ltd with a registered capital of US$210,000.

Adv SCT has established a wholly-owned subsidiary company in Singapore called SCT China with paid up capital of S$100,000.

CapitaLand Limited ("CapitaLand") wishes to announce the establishment of the following indirect wholly-owned subsidiary incorporated in The People's Republic of China, Capitaland (tianJin) with a registered capital of US$99.8mil.

* AusGroup Ltd - OCBC Securities Pte Ltd pares down their stake from 5.35% to 4.08% through share placements to institutional investors

* Gates Electronics Ltd - Requests for trading halt on 22nd Oct @0900hrs, pending announcements

* Penguin Boat Intl Ltd - declares a special interim cash dividend of 2.5 cents per ordinary share, less Singapore income tax of 18%, for the financial year ending 31 December 2007

- Deferment of proposed demerger of PSI from PBIL

* ASL Marine Ltd -Its wholly-owned subsidiary, Overseas Investments Pte.
Ltd have made an initial cash injection of US$0.5M towards the paid-up capital of its wholly-owned subsidiary, PT Cemara Intan Shipyard(incorporated in Indonesia), with the principle activities of shipbuilding & shiprepairing

GUOCOLAND: The Group reported a net profit of $27.7 million compared to
$8.1 million in the previous corresponding period.
Revenue and cost of sales increased by 117% to 140.1 M and 61% to $191.0 million as
compared to the previous corresponding period.
Earnings per share increased from 1.32 to 3.62

GUOCOLAND: Enbloc purchase of TOHO Gardens by subisdary GLL Ventures to be completed by feb, 08

OCULUS: Does not wish to continue with the rights cum warrant issue

PARKWAY HOLDINGS LIMITED: The Company confirms that Pantai Holdings Berhad, its 40% associated company, will be upgrading the Pantai Medical Centre from a 300-bed hospital to a 550-bed hospital which is expected to be ready in 2010

CAPITALAND CHINA: Secured a prime commercial site in Hangzhou city of Zhejiang Province,
in a government land tender for
RMB1,021.25 million (S$202.8 million).
This works out to about RMB3,601 (S$715) per square metre per plot ratio

ABTERRA: Has allotted and issued 692,333,686 Rights Shares pursuant to the Rights Issue
can commence trading today, 22th oct

MERMAID MARITIME: On 19 October 2007 issued a letter of award and will be entering into a contract with Kencana HL Sdn. Bhd. ("KNHL") in Malaysia, to design, construct, equip and deliver a newbuild tender rig for MKR1 for an aggregate sum of USD 136 million. The contract signing ceremony will be held on Monday, 22 October
2007 in Malaysia.

Stratech: Announced half year financial statement and dividend announcment for 1H08. Gross profit improved by 200%. Profit before tax has increased from -3.7mil to 151,000. Seems that company managed to reduce COGS significantly, hence improving margin.


Centennial Coal: Coy receives takeover offer documents for Austral Coal for
$1.83 in cash per share. If Centennial accepts the offer, it will receive 479mil for its 86^ interest in Austral and repayment of loans made to Austral Group of approx 170mil.


Australand: Dividend for Sep 07 quarter to be paid on Friday at 4cts per share.
A-Reit Results - Distributable income per unit grows 11% yoy. Gross revenue
grows 15%. To grow portfolio with new acquisitions and developments.

Fastech Synergy Results- Turnover falls slightly due to lower volume
shipped by the company's assembly segment. Registered 9% growth in sales
for the 9 months ended. The gross loss improved from $1.29mil for the nine
months ended in 06 to $1.16mil for the nine months ended 07

Nico Steel announced setting up of a new wholly-owned subsidiary "Nico
Steel Technology (Suzhou) Co., Ltd with a registered capital of US$210,000.

Adv SCT has established a wholly-owned subsidiary company in Singapore
called SCT China with paid up capital of S$100,000.

CapitaLand Limited ("CapitaLand") wishes to announce the establishment of
the following indirect wholly-owned subsidiary incorporated in The People's
Republic of China, Capitaland (tianJin) with a registered capital of
US$99.8mil.

* AusGroup Ltd - OCBC Securities Pte Ltd pares down their stake from 5.35%
to 4.08% through share placements to institutional investors

* Gates Electronics Ltd - Requests for trading halt on 22nd Oct @0900hrs,
pending announcements

* Penguin Boat Intl Ltd - declares a special interim cash dividend of 2.5
cents per ordinary share, less Singapore income tax of 18%, for the
financial year ending 31 December 2007

- Deferment of proposed demerger of PSI from PBIL

* ASL Marine Ltd -Its wholly-owned subsidiary, Overseas Investments Pte.
Ltd have made an initial cash injection of US$0.5M towards the paid-up
capital of its wholly-owned subsidiary, PT Cemara Intan
Shipyard(incorporated in Indonesia), with the principle activities of
shipbuilding & shiprepairing

GUOCOLAND: The Group reported a net profit of $27.7 million compared to
$8.1 million in the previous corresponding period.
Revenue and cost of sales increased by 117% to 140.1
M and 61% to $191.0 million as
compared to the previous corresponding period.
Earnings per share increased from 1.32 to 3.62

GUOCOLAND: Enbloc purchase of TOHO Gardens by subisdary GLL Ventures to be
completed by feb, 08

OCULUS: Does not wish to continue with the rights cum warrant issue

PARKWAY HOLDINGS LIMITED: The Company confirms that Pantai Holdings Berhad,
its 40% associated company,
will be upgrading the Pantai Medical Centre from a 300-bed hospital to a
550-bed hospital
which is expected to be ready in 2010

CAPITALAND CHINA: Secured a prime commercial site in Hangzhou city of
Zhejiang Province,
in a government land tender for
RMB1,021.25 million (S$202.8 million).
This works out to about RMB3,601 (S$715) per
square metre per plot ratio

ABTERRA: Has allotted and issued 692,333,686 Rights Shares pursuant to the
Rights Issue
can commence trading today, 22th oct

MERMAID MARITIME: On 19 October 2007 issued a letter of award and
will be entering into a contract with Kencana HL Sdn. Bhd. ("KNHL") in
Malaysia,
to design, construct, equip and deliver a newbuild tender rig for MKR1 for
an
aggregate sum of USD 136 million. The contract signing ceremony will be
held on Monday, 22 October
2007 in Malaysia.

Stratech: Announced half year financial statement and dividend announcment
for 1H08. Gross profit improved by 200%. Profit before tax has increased
from -3.7mil to 151,000. Seems that company managed to reduce COGS
significantly, hence improving margin.


Centennial Coal: Coy receives takeover offer documents for Austral Coal for
$1.83 in cash per share. If Centennial accepts the offer, it will receive
479mil for its 86^ interest in Austral and repayment of loans made to
Austral Group of approx 170mil.


Australand: Dividend for Sep 07 quarter to be paid on Friday at 4cts per
share.

Saturday, October 20, 2007



Oct. 19 - U.S. stocks had their worst day in more than two months after a warning from Caterpillar sent investors fleeing for the exits.

This year's third largest one-day plunge for the Dow eerily occurred on the 20-year anniversary of the October 1987 stock market crash, known as, Black Monday.

Conway G. Gittens reports. SPEAKER: Alec Young, strategist, Standard & Poor's. Conway G. Gittens reports from New York.


Oct. 19 - U.S. stocks had their sharpest one-week drop in over two-months as earnings season took a negative turn.

Results out of Citigroup touched a raw nerve, but Google and other tech names were shining stars. Crude oil touched a record at $90 a barrel.

Conway G. Gittens reports from New York.
IPO - singapore stock market

There is an upcoming IPO, Rokko Holdings priced at $0.25 per share, underwritten by China Construction Bank.

Rokko is a precision engineering group providing automated equipment and precision engineering services to customers in the semiconductor and electronics industries.

Their business include Tooling, Equipment and stamping.
In total, 30m shares will be issued, out of which only 2m will be available for public offer and application closes at 12pm on 25 Oct.

Friday, October 19, 2007

Government Denies plan to swap shares listed Hong Kong and mainland stock exchange

The central government denied on Thursday that it was studying a plan to

allow swaps of shares of companies listed both in Hong Kong and the

mainland after reports of such a scheme doused Shanghai's red-hot market

and lifted Hong Kong shares to record highs.


Share valuations in Shanghai have raced ahead of prices in Hong Kong this

year, with many dual-listed companies commanding twice the price north of

the border. But the growing disparity raises fears of a bubble and begs

the question of how the valuation gap will be closed if the mainland's

market is to open up.


Deputy securities regulator Tu Guangshao on Wednesday said officials were

studying the idea of share swaps, although he did not elaborate. Senior

Hong Kong officials have been advocating an arbitrage mechanism for almost

a year.


But a spokesman for the China Securities Regulatory Commission later said

there had been a misunderstanding and Mr Tu had been referring to a

putative exchange of equity between stock exchanges in the mainland and

Hong Kong, not a share swap scheme.

Adding to the confusion, a top banker earlier appeared to confirm the

existence of a plan.


Adding to the confusion, a top banker earlier appeared to confirm the

existence of a plan.

"It is still at the study stage and there's still quite a long way to go

before it is operational," Bank of Communications (SEHK 3328) chairman

Jiang Chaoliang told reporters during the Communist Party Congress on

Thursday.


"The regulators have asked us for our opinions."


The A-share H-share premium index, showing the difference in prices of

shares listed both exchanges, fell almost 5 per cent on Thursday as

H-shares rallied and A-shares swooned.


"A share swap, or even the likelihood of it, would be a big blow to the

market as it means A shares, which are overvalued, would slump to the

levels of H shares," said Liu Lifeng, fund manager at BOC (SEHK 3988)

International Holdings. "Most institutions now expect the index to be soft

in the medium term."


Allowing swaps between shares on the two bourses would imply equalising

prices in the two centres, meaning a huge shift for firms such as Jiangxi

Copper (SEHK 0358), whose A-shares cost more than double its H-shares.


The imbalance between mainland and Hong Kong demand was evident earlier

this month when the mainland's top coal company Shenhua Energy sold shares

in Shanghai for the first time, attracting US$360 billion (HK$2.8 billion)

in subscriptions.


The Shanghai market is under heavy corrective pressure after repeatedly

notching up record highs. Fuelled by cash thrown off by China's galloping

economy, the index has risen 117 per cent this year, outpacing an 88 per

cent gain in H-shares.


"I'm sure at some point of time there will be the opportunity for

arbitrage between the two markets," said Rudolf Apenbrink, HSBC (SEHK 0005

, announcements, news) Investments (Hong Kong) Asia chief executive, which

has more than US$60 billion of assets under management.


"And at some point of time the price-valuation gap will diminish. But it

is nearly impossible for me to say how long that will take. It really

depends on regulations," he told Reuters.


The see-sawing came one day after a stockmarket spasm in the region's

other big emerging economy, India. Shares there plunged 9 per cent on Wednesday on fears that a method foreigners have used to invest in stocks

could be curbed, but they later recovered almost all the lost ground.


Chinese shares have soared not because of foreign money, which is largely

barred, but because Chinese savers have few investment options beyond

stocks, real estate and bank deposits.


Capital controls mean they may not invest abroad, while, at home,

financial markets are still underdeveloped and interest rate caps make

other investment products unattractive.


With no derivative instruments enabling investors to short sell, mainland

share prices have risen unimpeded by people betting against the herd.
Keppel: its wholly owned subsidiary clinched 3 contracts worth a total of
sgd 110mil to build 8 tugs.

Wingtai: proposed dividends and issues rights. Cash dividend of 3cts per
share.

Samudera- aims to strengthen its foothold in the region, especially India.
To open offices in Kolkata and Chennai. The group is also planning to open
offices in Vietnam.

Auric's wholly owned subsidiary Sunshine has acquired a BVI company called
Gainfield. Gainfield is basically an investment holding company.

Lorenzo launches first self-owned store in Shanghai and takes a big step to
tap into PRC market. The store is to serve as a model for new stores and
franchises to come.

Capitaland establishes indirect associated company called Mubadala
Capitaland Real Estate in Arab Emirates' booming state for real estate
projects, Abu Dhabi. Not expected to have any impact on NTA.

Albedo to place 10m new shares

Nera Telecommunications Results - Grp turnover increased 62% QoQ. Pretax
profit improved by 1.2% QoQ and 20% comopared to 9 months ago.

Ascendas Reit - Secures new investments is development projects worth $270m

Banyan Tree has established a S$400,000,000 Multicurrency Medium Term Note
Programme pursuant to which the Company may issue notes (the "Notes") from
time to time and in connection therewith. Each series or tranche of Notes
may bear fixed, floating or variable rates of interest. Hybrid Notes or
zero coupon Notes may also be issued under the MTN Programme.

Yongnam announce a proposed renounceable non-underwritten rights issue by
the Company of up to 366,574,743 warrants at an issue price of S$0.03 for
each Warrant, each Warrant carrying the right to subscribe for one (1) new
ordinary share in the capital of the Company at an exercise price of S$0.25
for each New Share, on the basis of 3 Warrants for every ten 10 existing
ordinary shares in the capital of the Company held as at a books closure
date.

Pan Hong has placement of 10,000,000 Placement Shares at S$0.81. Hwa Hong
Corporation Limited, which holds an approximate 4.48% indirect equity
interest in the Company as at the date of this announcement, has also
indicated its intention to subscribe for 3,800,000 Placement Shares which
will increase its stake to 5.16%.

Seksun Sells Substantially All Its Businesses And Assets To Supernova
(Cayman) Limited For S$295.1 million. Purchase price of S$295.1 million is
at 97% premium over NTA as at 30 June 2007. Endeavours to distribute
approximately S$270 million to shareholders. Company will retain listed
status on SGX Main Board but will undergo name change.

Beyonics: Request for trading halt

CapitaRetail China Trust: To acquire Xizhimen Mall in Beijing for S$336M.
Expected to achieve a net property income yield of 5.7% in forecast year
'08.

Eu Yan Sang: 3Q results to be announce on 25 Oct 07 after 5.05pm

* Tiong Woon Corp Ltd - Credit Agricole Asset Management S.A. have pared
down their stake from 6.35 % To 5.72 % through Sale and purchase of
shares
in open market

* GEMS TV Holdings Ltd - Enters China markets through a collaborative
agreement with Sina.com, China's most popular internet portal, to provide
gemstone related content. It will be the first jewelry company with
permanent gateways on Sina.com's Women's Channel, which enjoys a daily
hit
rate of about 53 million, mostly from Gems TV's target group of higher
income urban professionals.

* Swissco Intl Ltd - its wholly-owned subsidiary, Swissco Offshore Pte
Ltd,
has placed orders for four new vessels to add to its growing fleet of
offshore support vessels, at a cost of S$11.2m including owner supplied
items.

* Jiutian Chemical Group Ltd - 275,908,800 Warrants will be listed and
quoted on the Official List of the Singapore Exchange Securities Trading
Limited with effect from 9.00 a.m. on 19 October 2007. Trading in the
Warrants will also commence with effect from 9.00 a.m. on 19 October
2007.

* Creative Technologies Ltd - will be announcing its financial results
for
the First Quarter of Fiscal Year 2008 on Wednesday, 31 October 2007,
before
trading hours.

* Singapore Food Industries Ltd - Turnover for the 3rd Quarter of 2007
grew
13.4% to $162.0m. PATMI grew a strong 26.7% to $5.5m.

- Interim dividend of 1.8c declared


A380 finally lands in Singapore


Oct. 18 - Asian shares rose Thursday on expectations of lower U.S. interest rates and strong results by tech giant Intel.

Regional tech players like Taiwan's Acer and TSMC jumped after chip leader Intel reported strong earnings and outlook, lifting the benchmark index.

Dan Sloan reporting.

Thursday, October 18, 2007

CityDev: Expanded its global footprint with usd125mil JV involving a hotel
and conference and business facility in Russia. It is part of an agreement
that CDL take up a 50% stake in Soft Proekt is Golden Orchard Hotels Pte
ltd, which is link to chairmain of Amtel Group of Companies. They will also
announce 3Q results ending 30 sep on 14 Nov.

Hiap Seng: Memorandum of Agreement with Shell Eastern Petroleum which
states that coy to provide Shell with various mechanical maintenance
services for Shell Bukom Complex on a unit rate basis. Contract period
under MOA is 2 years from 1 jan 08 to 31 dec 09

SNP: Released 3Q07 results. Net profit increased qoq by 21%. Achieves
record high profit after tax of $25.2mil for 9M 2007. Contributed mainly by
commercial printing segment.

Oculus: Proposed reverse takeover of Aretae. Coy clarified that the
proposed acquisition is expected to be completed only in the first half of
08.

Olam denies being in discussions with Ancom Bhd. to buy their businesses.

Asiatic Group Holdings' subsidiary Colben System has established a
representative office in Hanoi.

Serial systems gets in principle approval from exchange to issue rights
shares.

Sihuan - Gets another R&D grant for core cardiocerebral vascular drug
research

Noble - clarify that never in talks with Ancom Bhd

Tech Oil & Gas - 51%owned subsidiary wins S$5.25m contracts for marine
automation and tank gauging system

TTL - in-principal approval of the proposed placement 37m shares at S$0.128

Maccook Industrial REIT - will be annoucing results on 24 Oct 2007

Fung Choi: Special general meeting to be held on 1 Nov 07 @ 10am.

Jade: Private placement of 50,000,000 new ordinary shares in principal
approval obtained from SGX-ST. Entity intend to issue notes to Pavific
Capital Investment Managementt limited of unsercured non-interest bearing
notes due 2012 up to S$150M.

Novena: Proposed subscription of 10,000,000 new ord. shares in the issued
share capital of nico steel holdings limited @ S$0.31 per share.

Cosco: 3Q result to be announce on 31 Oct after trading hours

Allgreen: Increase in paid-up share capital of subsidiary, Allgreen
Properties (Chenddu) P L from $2 to $3M.

* Venture Corp Ltd - Franklin Resources, Inc. pares down their stake from
14.129 % To 13.939 % through a series of sales transactions

* Ascott Group Ltd - Cuppage Terrace Pte Ltd, its dormant indirect
wholly-owned subsidiary incorporated in Singapore, has been placed under
members’ voluntary liquidation

* AdvSCT Ltd - American International Group Inc has increased their stake
from 4.9087 % to 5.2872% through an open market purchase

* Sunshine Holdings Ltd - Taunus Corporation have increased their stake
from 7.75 % To 8.00 % through an open market purchase

* Best World Intl Ltd - Lifting of trading halt on 18th Oct 07 @0900hrs
Asia falls, panic grips India


Oct. 17 - Asian markets slid on Wednesday after disappointing earnings from big US banks sparked profit worries.

India's share market suffered a panic sell-off after the Government proposed curbs on inflows of foreign funds.

Investors are now looking ahead to key consumer inflation data due in the US later today.

Nina Mehra reporting.

Source: Reuters


Oct. 17 - Chinese manufacturers steal the limelight at Asia's largest electronics fair.

Chinese manufacturers are focusing efforts to target both the domestic market and compete with international players.

A gradual shift away from copycat products to creative designs highlights the changing landscape of China's electronics market.

Nina Mehra reporting.

Source:Reuters

Wednesday, October 17, 2007

singapore stocks and shares related news 17oct

HUP SOON GLOBAL: In principle approval of the listing of 5.5mill new shares as part of consideration of the company's proposed acquisition of a 30.5% stake in Tai Kwong Yokohama Berhad.

FEDERAL: Company increased investment in subsidiary, Eastern Jason Fabrication Services Pte Ltd, from 50% to 100%, comprising 225,000 shares of $1 each. Eastern Jason has a net tangible liability of $182k and has been dormat during the financial year. Not expected to have any impact on current FY.

KINGSMEN: Kingsmen Creative entered into a share acquisition agreement with Partners Exhibit International to acquire a further 30% of Kingsmen North Asia from the existing 50.5% already owned. Purchase consideration of $3.044mill shares. EPS will increase from 4.88 cents to 5.17 cents and NTA will be down from 15.69 cents to 14.26 cents

GLOBAL ARIEL - proposed placement of up to 29,400,000 new ordinary shares at S$0.1701

ENG WAH - PROPOSED ACQUISITION OF THE ENTIRE ISSUED AND PAID-UP CAPITAL OF TRANSCU PTE. LTD as annouced in may 2007

TECHCOMP - o benefit from PRC Government's initiatives to improve safety standards of white liquor

Oculus - Proposed Reverse Take-Over of Aretae Pte Ltd worth S$600m.

Ultro: AGM to be held on 31 Oct 07 10am

KS: Sub., KS Oil Rig Services Inc, JV will Mmeer USA, Inc. to form limited liability company known as Mmeer Dixie Patriot. Entity has 25% stake.
Purpose: to enhance market reach & strengthen its market position in USA & Gulf of Mexico

UOB: Incorporation of sub., Croupier Prive Private Equity Partners, a fund management company

GP Batt: Expected a net overall loss for 2Q due to commodity contracts entered for hedging as commodity price is lower in 2Q, this has reduced the mark-to-market value of contract substantially.

Armstrong: Divestment of non-core business in Soon Lee Realty Limited for $8M so as to focus on its core business of manufacturing of precision foam & rubber components for the Automotive & Electronics industry.

AusGroup: Won contract A$16M to expand work on Boddington Gold Mine.
Commerce in Oct 07, completed in March 08

ChinaLifestyle: 3rdQ results to be announce on 5 Nov 07

Banyan Tree: Signed a mangement contract for its first Banyan Tree branded development in the city of Dubai in the United Arab Emirates

* KepLand Ltd - its wholly-owned subsidiary, K-REIT Asia Management Limited as manager of K-REIT Asia, had on 15 October 2007 acquired 492,224 units in K-REIT Asia issued at a price of S$2.5433 per Unit in payment of 100% of its management fees for the period from 1 July 2007 to 30 September 2007.

* ManWah Holdings Ltd - Schieder Cheers GmBH, a company which is 40% owned by Man Wah Industrial Co. Ltd and 60% by the Schieder Group, has been declared insolvent by the German courts as a result of its parent company, the Schieder Group being declared insolvent.

- The Group expects net profit before tax for 1HFY2008 is expected to be significantly better than that of 1HFY2007

* Capitaland Ltd - Establishment of the following indirect wholly-owned subsidiary incorporated in Ho Chi Minh City, Vietnam under CapitaLand Real Estate Management (Vietnam) Ltd, engaging in Real estate consultancy and management services for a registered capital of US$300,000

- Temasek Holdings (Pte) Ltd have pared down their stake from 42.99 % To
41.97 %

* Foreland Fabritech Ltd - incorporation of a subsidiary, Fortune Luck International Enterprise Limited., in Hong Kong on 8 October 2007. The Company holds 100% of the issued share capital of Fortune Luck, being HK$10,000, comprising 10,000 ordinary shares of HK$1.00 each. The principal business activity of Fortune Luck shall be trading of textile products and investment holding

* Ezion Holdings Ltd - OCBC ups their stake from 4.8% to 5.32% through share purchases

SEMBCORP MARINE : results will be released on the 5th of november, 07

OCULUS LIMITED : Proposed reverse takeover of ARETAE

NATURAL FUEL LIMITED : Natural Fuel Signs LOI for Long-term Jatropha Oil Off-take Agreement
with GEM BIOFUELS

Unisteel's subsidiary acquires assets of TPK Precision Engineering.

LC Development's associated company in thailand acquires land in Phuket for the purpose of residential condominium development

Federal increases its stake in Eastern Jason would increase from 50% to 100%.

Kingsmen Creatives acquires additional 30% stake in Kingsmen North Asia bringing total shareholding to 80.5%

Hiap Seng: annnounced that Hai Leck transferred all of its shares to 3 shareholders. Lai Heck ceased to be substantial shareholder of Hiap Seng.

Ezra: earnings surge 68% to $104mil due to one-time gains from the sale of a subsi. MD says that the firm strengthening b/s ahead of heavy capital expenditure. Earnings have accelerated since 2003 listing due to early move to deepwater support and production and construction work. Coy also proposed 7.1cts final div per share. Will start trading today.


Oct. 15 - Airbus hands over the first A380 to Singapore Airlines, 18 months later than expected, while denying fresh delays to the superjumbo.

The first delivery of an A380 marks the culmination of Europe's biggest industrial project which has taken 7 years of effort and cost 11 billion euros ($15.5 billion).

Problems with installation of wiring in the superjumbo delayed the A380 project by two years and pushed the planemaker into loss.

But Airbus sales chief John Leahy denied reports in a French newspaper that Airbus remained worried about deliveries and had launched a new set of measures to weed out any further delays.

The plane received by Singapore Airlines can seat 471 people and will enter service between Singapore and Sydney on 25th October.

Joanna Partridge reports for Reuters

Tuesday, October 16, 2007

Singapore stocks and shares related news 16oct

AVI-TECH : AGM will be held on the 30th of October, 07

EI NETS : AGM on 31th of October


CHINA LIFESTYLE : Will be launching another 10 tonnes of LaBiXiaoXin
brand of jellies

CHINA SUN BIOCHEM TECHNOLOGY GROUP: Excercise company share option.
No of issued and paid-up ordinary shares of the Company is increased to 811,015,055 ordinary shares.

STRAITS ASIA : In Principle approval of placement of 94,485,000 new ordinary shares


* Fraser & Neave Ltd - MR LEE HSIEN YANG assumes the Chairmanship of the Company with effect from Monday, 15 October 2007. He succeeds Dr Michael Fam who retired from the position on 14 October 2007.

* Allgreen Properties Ltd - APL, through its wholly-owned subsidiary Allgreen Properties (Chengdu) Pte. Ltd., has successfully tendered for a site situated in the Hi-Tech Industrial Development Zone, Chengdu, Sichuan Province, PRC together with Million Palace Limited, a company incorporated in Hong Kong and indirectly owned by Kerry Properties Limited and Kerry Holdings Limited. The CD site area is approximately 56,916.49 square metres which is capable of being developed into a mixed development for residential and commercial use. The purchase price of the site is approximately S$203.1 million.

* See Hup Seng Ltd - GOH KOON SENG resigns as CFO wef 1st Dec 2007 to pursue other career opportunities

* Jade Tech Ltd - Usage of private placement net proceeds of S$5.12M for general working capital, repayment of bank loans with accrued interest as well as 10% deposit payment for purchase of land in JB, Malaysia by its wholly-owned subsidiary, Jade Real Estate Pte. Ltd.

* Great Eastern Holdings Ltd - will be announcing its financial results for the third quarter ended 30 September 2007 on Friday, 2 November 2007 (after trading hours).

EMS Energy: Company proposed the disposal of the entire equity interest int he capital of Yunnan Asia Eco Hydro power development to the purchaser, Kunming Character Science and Tech Explorer. Price will be at sgd207k, all within 30days.

SKY China Petro: Trading query. Usual answers.

Novena Holdings: Halt.

Mermaid: Starts trading today.

FIRST REIT - SIGNS MOU TO ACQUIRE THE WUXI NEW DISTRICT PHOENIX HOSPITAL, JIANGSU, CHINA

OKP - awarded contracts for the civil and piling works in respect of the SI Group Asia AP Project, worth of S$5.1m, by Rotary Engineering Limited. No material impact on current year financial.

NOL: Liner operating performance for 4 wks from 25 Aug - 21 Sept 07. Volume
(FEU) YOY increase 15% to 191,800 FEU. Avg. revenue per FEU increase 10% to
US$2,922

Silverlake: AGM to be held on 31 Oct 07 @ 11.30am

UniAsia: Query regarding trading activity.

HourGlass: Special interim dividend 8 cents. Scheme to interim dividend in lieu of the cash amount of dividend is new shares issue at S$1.55. Dividend to be paid on 29 Nov 07

Nomura: Exit from US Residential mortgage-backed securities business.
Reduce from US$2.3B to US$119M of which US$1M is subprime related. Expect to cut regional headcount from 1,300 to 900 & reduce annual expenses by US$213M. Restructuring cost US$128M, of which US$85M book in 2Q on top of losses from operation approx. US$621M. As a result, expect to post consolidated pre-tax loss in 2Q US$340M - US$ 511M.

China Haida: Coy entered into a placement agreement with Westcomb to place out 25mil new shares at pr .282 per placement share. Shares to be placed out within 7 market days from 15 OCT 07.

SINGLUN: Lifting of halt

CAMBRIDGE INDUSTRIAL TRUST:Close of book orders and price determination of 00.70 per share. LIsting of new units on 18 Oct 2pm. Sucessfully raised 193.9mill thru this global offering. 1.6X oversubscribed by over 50 institutional investors

LMA INTERNATIONAL: Acquires innovative patient warming device for US 3.7mill

HUPSOON: Secures exclusive distribution rights for Mitsubishi forklifts in Msia for 5 yrs with option to extend for another 3 yrs. Appointment is in line with the company's plans to expand material handling business regionally.

BERLIAN LAJU: Proposed acquisition of Chembulk LLC for US 850 mill.
Chembulk is one of the ten largest owners and managers of stainless steel chemical tankers in the world. Chembulk's vessels operate globally and transport a wide range of chemical products for "blue chip" oil and chemical majors, government agencies and trading houses. NTA will decrease from US0.1215 to US0.0689, EPS increase from US 0.027 to US0.0328.

China Haida Ltd. announced that the Company had entered into a placement agreement on 4 October 2007 with Westcomb Securities Pte Ltd pursuant to which the Placement Agent has agreed, on a best endeavours basis, to procure subscription of up to 25 million new ordinary shares ("Shares") in the Company, at a placement price of S$0.282 for each Placement Share.

Ho Bee wishes to announce that it will release its unaudited results for the Third Quarter ended 30 September 2007 on Tuesday, 13 November 2007.

Yongnam has acquired a piece of land in Johor for RM22m. The Group intends to use the Land to construct a new fabrication factory. Subject to any unforeseen circumstances, the new factory is scheduled to commence operation by first half of financial year 2008. The acquisition of the Land and construction of the factory will cost approximately S$22 million.

Digiland has an MOU with with PT Indonesia Prima Commodity & Mining tyo acquire their tin mining businesses. an indicative valuation of the Business Assets which the Company has expressed an interest to acquire is estimated to be in the region of at least S$500 million. Expected to be funded by new shares.

Ascott will sell (the "Divestment") the property comprising the 32 apartment units at 6 Sarkies Road Singapore to an unrelated party.
Divestment of S$43.9 million, to be received in cash, was agreed to on a willing buyer willing seller basis. The expected net gain on Divestment of approximately S$20 million will be recognised upon completion in 2008.

STX PO has increased it's investment by JPY101,000,000, in the capital of STX Pan Ocean Japan Co., Ltd. Subsequent to the additional investment, the Company's percentage of equity in STX PO Japan will be 40% with the other 60% held by STX Corporation. No financial impact.

Monday, October 15, 2007



Oct. 15 - Chinese leader Hu Jintao on Monday addressed his nation by pledging further economic reform.

At the opening of the 17th Communist Party Congress the president noted that environmental and social problems had come as a result of staggering growth.

Hu Jintao also promised to crack down on corruption, calling it a major political task.

Tara Joseph-Hui reporting.
Ei-Nets - Working to seal a deal with Canadian Co to Manufacture 3rd Gen
solar cells which are very cheap to produced relative to 1st Gen solar
cells (90% of mkt). Anthony Soh holds 27%. 3rd Gen solar tech has not been
commercially tested on a large scale and require large investments. Other
SGX companies venturing into solar cells: Rowsley, Equation.

Raffles Edu - Buying the loss making Oriental University pushes NTA fr
9.2cts to -22cts per share. CEO Chew thinks that the huge plot of land it
buys is worth more than the acquisition price of $392mil as land prices
have shot up.

Chinawheel - Expects to add production capacity fr 3.6mil wheels annually
to 8.6mil wheels. This will make it the 2nd largest wheel manufacturer in
China. 1H07 profits grew 81%. Enjoying tax benefits arising fr purchase of
China-made equipment as well as a Spore incorporated company. Will focus on
export biz going forward as margins are higher.

Oculus - Makes alternative deals as hydropower acquisitions are delayed.
Oil Storage Terminal (Kalimantan), projects that conform to Kyoto Protocol

Asia Pacific Strategic Investments - Premium Funeral Services Provider.
Runs country club like burial sites and sells burial land plots. New RTO
entity of former Seatown. At $0.25 shares trading at 36x Hist PE. Looking
to expand into high-end retirement homes.

Datapulse - produces DVD and CD storage media. Sole replicator of Xbox and
PC game titles for Microsoft in Asia-Pac ex Japan. Expects to benefit from
runaway sales of Halo 3 Video game. KE TP:$0.45 dividend yield of 7.5%.

Uni-Asia - Surge by investment gains from shipping trust. Trading at 4.4x
book value which is twice the valuation of Spore banks.

SGX Annoucements
=================
SingPost today announced the appointment of Mr Wilson Tan Wee-Yan as its
Group CEO effective 15 Oct 07. Mr Tan, 49, joins SingPost from NEC
Solutions Asia Pacific Pte Ltd (Singapore) where he held the position of
Managing Director. Since 1993, Mr Tan has held key mgmt positions with
regional responsibilities in multi-national companies including Apple
Computers, Informix, Software AG and Xerox Corp, developing and growing the
businesses in Asia and the region.

DBS Asset Managemet, a wholly-owned subsidiary of DBS Bank Ltd, announced
today that its joint venture with China's Changsheng Fund Management
Company Limited has been granted the Qualified Domestic Institutional
Investor (QDII) licence by the China Securities Regulatory Commission.

Swiber wishes to announce that the Company has incorporated a new
subsidiary known as PT Swiber Offshore in Indonesia with an authorised
share capital of USD200,000 and initial issued and paid up share capital of
USD200,000 comprising 200,000 shares of USD1.00 each.

INTEGRA2000LTD - PROPOSED ACQUISTION OF 13.36% OF THE ISSUED AND PAID-UP
SHARE CAPITAL OF WESTCOMB FINANCIAL GROUP LIMITED at $0.27 cents each
share. NTA per share increase to $3.06 from $1.89, EPS from negative $1.20
to negative $1.00

Epure - Wholly Owned Subsidiary Granted Tax Incentive , no impact on
current year financial

GUTHRIE GTS LTD - INCORPORATION OF WHOLLY-OWNED SUBSIDIARIES , nothing
major

SKY CHINA PETROLEUM - INCREASED INVESTMENT IN SKY PETROLEUM TECHNOLOGY
DEVELOPMENT (TIANJIN) CO., LTD . Invested additional US$1.3m, no impact on
current year financial

PSC Corp: Coy proposed to cosolidate every 5 shares into one at an issue pr
of .33 for ea rights on the basis of 1 right share for every 2 consolidated
share.

Uni-Asia: Establishment of new Panama incorporated subsi (Ocean Rouge) for
the acquisition by the subsi and subsequent disposal of vessel. This
acquisition and subsequent disposal are intended to benefit the coy through
the receipt of charter income for the period between the acquisition and
subsequent disposal and allowing the company to benefit from fee income for
arranging the loan financing for the Vessel on behalf of Uni-fast and Ocean
Rouge.

Fu Yu: Lift of trading halt @ 9am 15 Oct 07

TR Networks: Completion of the disposal of the property @ 50 Machpherson
Road, Three Rifles Building S348471

BBR: Incorporation of subsidiary, Singapore Piling & Building Construction
Lanka (Private) Limited in Sri Lanka on 4 Oct 07 to carry out general
building, civil engineering & piling works in Sri Lanka

CHINA YUANBANG: Clarification of dividend. Should be 0.3 Singapore cents or
RMB1.5 cents per share for FY07

FINANCIAL ONE: Subsidiary to integrate another subsidiary to streamline
management. No material impact on current yr's financials

M1/SPH: M1 partners SPH to offer Singapore's first location-based SMS
advertising service. M1 can leverage on the extensive network of businesses
that regularly advertise in the many newspapers and publications owned by
the leading media organisation in Singapore. This service enables r
etailers can tailor specific marketing messages and promotional offers,
based on their desired customer profiles, via SMS to welcome shoppers who
are in the vicinity of their shops. CITIBANK, TANGS and COFFEE BEAN are
some of the merchants involved in the trial

ZHONGGUO JILONG: Managements discussing potential investor to restructure
company. No agreement reached yet.

GLOBAL ARIEL: Request for halt

SNF: trading halt

MERMAID MARITIME: Price determination: at 1.56 per offering share

United Overseas Insurance : Will be announcing it's third quarter results on Mon, 29th Oct, 07

China XLX : Utilization of IPO proceeds completed. Only $520,000 out of the
$9,862,000 raised has been used for the construction cost of a new power generator.

SPH 2007 Results : Operating Profit increases 13.6%, Net Profit increases
18.1%.Double digit growth in revenue. Increase of 7.8 mil in rental income growth

OCULUS: requests for trading halt

KS ENERGY: acquired a shelf company called KS Oil Rig Service, mostly an
investment holdings company.

KEPPEL CORP: Kephinance investment holdings, their investment arm acquires more of K1 venture shares. increases stake from 35.77% to 35.91%
Upside move for share prices in Singapore and other Asian stock markets were capped recently on speculation that China may raise interest rates soon to cool the economy. Nikkei index retreated after Sony Corp's mobile-phone unit reported its first profit decline in two years. Sony dropped the most in a month after its venture with Sweden's Ericsson AB said third-quarter profit fell 10%.

Stock prices in China and Hong Kong fell as China, already the world's fastest-growing economy, reported a trade surplus that exceeded economists' forecasts.

"Whatever happens in China does have a big impact," Andrew Sullivan, head of Asian sales trading at Daiwa Securities SMBC Co. said today by telephone from Hong Kong.

Fast Retailing Co., Asia's biggest clothing retailer, slid after missing its full-year profit forecast. Nikon Corp. fell after receiving a ``sell'' recommendation at Goldman, Sachs & Co.

The Morgan Stanley Capital International Asia Pacific Index dropped 1.2 percent to 167.85 at 2 p.m. in Tokyo, its biggest decline since Sept. 18. All of the measure's 10 industry groups fell. China's CSI 300 Index dropped 3 percent, while Hong Kong's Hang Seng Index slumped 2.1 percent from a high yesterday.

China's trade surplus rose 56 percent in September to $23.9 billion, the country's customs bureau said today, adding pressure for higher borrowing costs to help prevent inflows of export cash from stoking inflation. The surplus beat the $21.6 billion median estimate of economists in a Bloomberg News survey.

Elsewhere, Japan's Nikkei 225 Stock Average lost 0.8 percent, while South Korea's Kospi index dropped 1.4 percent. All Asian markets fell, except New Zealand. Bourses in Indonesia and the Philippines are closed today for holidays.

Friday, October 12, 2007

Singapore stocks and shares related news - 12oct

ASCOTT: Results announced after on 26 Oct Friday b4 7.30am

GOLDEN AGRI: Increase stake in PT Sinar MAS Agro Resources from 87.31% to 90.79%

SING HOLDINGS: Divestment of 48 Strata-titled units in Eastgate, 46 East Coast Road, for 63mill or 1059/square foot. (enbloc) Sale is expected to result in net gain of approx 15.9mill after transaction costs.

Maple tree logistic trust : will announce financial results after oct 25th

SING HOLDINGS : Will sell east gate commercial space for 63 million. Will
rechannel sales proceeds into property development businesses

Sky China Petroleum: Proposed acquisition of 25% of the equity interest in Song Yuan Tian Xi Harbor Oil Exploration Co Ltd. Consideration of RMB40,000,000 of which RMB30,000,000 in form of ordinary shares and remaining in cash

Radiance: Mandatory unconditional cash offer by K E Capital P L on behalf on Sino Fortune Union Investment Limited to acquire all the issued of Radiance Electronics Limited. Based on conditions stated on announcement made on 7 Oct

Sunlight: Completion on acquisition of 36,000,000 (100%) ord. shares of Media Tech Systems Asia P L through placement of 36,000,000 new shares in Sunlight Group. New shares to be listed on 12 Oct '07

Cougar: EGM to be on 5 Nov 07 @ 3pm. Proposed capital reduction & cash distribution of 13 cents to shareholder

Unionmet: 3Q ended 31 Aug 07. NP decreased 70.3% from US$7.5M to US$2.2M.
EPS decreased from US$0.16 to 0.08. Decrease mainly due to decrease in revenue & profit margin from 17.7% to 3.8%. Due to 15% export taritt by PRC for indium ingot from Jan 07 & removal of tax rebate from Sept '06 and also decline in prodution of by products as under maintenance & repair work of equipment

UANGZHAO IND FOREST BIOGRPLTD - COMPLETION OF PROPOSED PLACEMENT OF 10,526,000 NEW SHARES TO LIBERTY HARBOR, L.L.C, COMPLETION OF PROPOSED ISSUE OF US$8 MILLION 3% UNSECURED CONVERTIBLE NOTES DUE 2011 TO LIBERTY HARBOR, L.L.C.

GUANGZHAO IND FOREST BIOGRPLTD - INVESTMENT ADDITIONAL US$1.6M IN WHOLLY OWNED SUBSIDIARY SHANGHAI SHIZHAO TRADING CO., LTD. No material impact on current year financial.

ELLIPSIZ - JOINT VENTURE IN IRC TECHNOLOGIES LIMITED ("IRCT"), THAILAND. IRCT is a system integrator providing solutions for the electronic manufacturing industry and also carries on the business of trading of instruments and equipment. Its customers include both private companies and government universities and the military. The price S$600k represents a 60% premium over the net asset value of IRCT shares as at 30 June 2007, funded by internal resources no material impact on current year financial

INNOVALUES - joins consortium to venture into US$96 billion automotive closure systems

Rickmers Trust Management Pte. Ltd., the trusteemanager of Rickmers Maritime, is pleased to announce that it has entered into a memorandum of understanding ("MOU") to acquire five 4,250 TEU container vessels. The purchase price of each vessel is US$72.0 million, to be paid upon delivery of the respective Vessels to Rickmers Maritime. Each vessel will commence service upon delivery with ten-year, fixed-rate time charters to MOL, Tokyo. Once delivered, the five new vessels will contribute approximately US$49m per annum of charter hire revenue to the trust.

HPL wishes to announce that the High Court has today allowed the appeal and has remitted the application back to the STB for the hearing to be continued, with the evidence adduced thus far before the STB to stand as part of the record.

Technics Oil & Gas Ltd announced today that wholly owned subsidiary, Technics Offshore Engineering Pte Ltd, has sealed its first contract with BW Pioneer Ltd. The main contract amounts to S$17m for two modules of gas compression systems and one unit of gas treatment and processing module.
The delivery for all three modules is Feb 09. This will not amount to any material impact on the EPS and NTA of the Co. for FY2008 as the substantial portion will be recognised in FY2009.

Aztech Systems Ltd ("Aztech") powers up at Hong Kong Electronic Fair
(Autumn) with its latest innovations in Skype products, RC helicopters and DECT("Digital Cordless Telephony"). 13-16th Oct @ HKCEC.


TMC Edu. Received approval in principle for their rights issue and cash dividend payout.
SPC's wholly-owned subsidiary, SPC Cambodia and its partners have completed acquisition of a combined 10% interest in Block B exploration block in Cambodia

Hersing aims to aggressively expand Storhub self storage operations in Asia

Track record of expanding self-storage business (62% CAGR from 2003 to
2006)

Hyflux and CitySpring mutually agree not to proceed with the sale/purchase of wastewater and water treatment plants and projects in china.

Raffles Edu- Acquires entire equity stake of Oriental University City Development for a consideration of S$392,000,000. aims to add 5 more colleges and another university to its footprint, and aims to be the largest education provider in Asia Pac.

Hyflux gets approval for listing of Hyflux Water Trust Company plans to inject 13 water plants into Hyflux Water Trust

C2O: Coy released 2H07 Financial statements. Profit for the period had decreased over the same period last year by 6.49%. Most of the differences come from financial income which had decreased substantially by almost 99%.

RafflesEdu: Fully acquired Oriental Uni City Dev. Purchase consideration for this peice of asset is worth RMB2bil. Terms of this aquisition is that it will be paid in 4 years of equal installment. Coy will give a pretax profit guarantee of RMB100mil in 08 and RMB140milin 09.


Monday, October 08, 2007

Singapore stock and share related news and announcements 8oct :

Straits Asia - placement of S$151m shares, price at $1.60

Aztech - Wins Again SIAS Investor Choice Award 2007 Most Transparent Company Award Aztech - Aztech Launches 200Mbps Homeplug with "Simple Connect" At Broadband World Forum Europe

Acendes India Trust - SIAS Most Transparent Company Award in new categary, ITPB awarded Best Decentralised Power Plant

Delong - Unable to reach an agrrement on PROPOSED INVESTMENT IN 70% stake in ANKETELL PTY LTD

China Angel - in acqusition talks

UTAC. Request for lifting of trading halt.

China Transcom Requests for Resumption of Trading from Suspension

F&N announced that there is no link between the departure of Dr. Han and the arrival of Lee Hsien Yang. Contrary to Dr Han's statements regarding the financial performance of F&N, the Group's performance is expected to improve over that of the previous year.

FJ Benjamin: EGM to be held on 29 Oct. Proposed capital distribution of
S$0.13 in cash for each fully paid-up ordinary share in the capital of the Company.

Lian Beng: Secures $200M contract for kovan site. Entity as strategic partner of Duke Development and will take 20% equity stake in the projevt development. Current order book approx. $575m.

Asiatravel: Total online monthly rm nights growth of 36%, 28% & 37% in Jul, Aug & Sept respectively resulting in 4th Q YOY growth of 34%. Full YOY growth to 27%.

DBS: 3rd Q on 26 Oct before trading hours.

Tuan Sing: Jointly-controlled associate, Grand Hotel Group - Divestment of
3 marque hotels. Hence recording approx A$11.5M begin its 50% of GHG's pre-tax gains ending 31 Dec 07.

Mediaring: Proposed acquistion of Cavu Corp P L & allotment of 33,333,333 new ord. shares as partial consideration. Total purchase condiseration S$22M. Rationale: Cavu's It infrastructure servuces business will complement entity's data services.

Thomson Medical: Recevies most transparent company award from SIAS

Qianfu: 3rd Q results will be announce on 22 Oct after trading hrs

STRATECH: Courtcase involving Executive Chairman, Dr David Chew, is personal and should have no effect on the running of company's operations.
He asserts his innocence regarding the alleged assault.

AZTECH SYSTEMS: Unveils it's latest announcements,, their home plug
powerline technology. Launched in the broadband world forum in EU.

CHINA ANGEL: In talks to acquire another 5-6 bakeries in China.

STRAITS ASIA: completes placement to raise $151,176,000. final price fixed at $1.60

CHINA TRANSCOM: Requested of resumption of trading from suspension.

RADIANCE ELECTRONICS: Sino Fortune Union Investment Limited, on 7 June 2007, entered into a conditional put and call option agreement with Goldtron Limited to acquire 138mill ordinary shares in the capital of the Radiance, the option price being S$0.14 per Vendor Share or S$19,334,448 in value. Upon exercising the option, Sino Fortune Union now owns the 138mill shares representing approximately 53.81% of the total issued and paid-up capital of the Company.

* Hwa Hong Corp Ltd - its wholly-owned subsidiary, Singapore Warehouse Company (Private) Ltd.
has subscribed for a total of 500,000 ordinary shares at $1/- per share for cash in the share capital of Scotts Spazio Pte. Ltd. representing 50% of Scotts Spazio’s total issued and paid-up capital of $1M. The remaining 50% of Scotts Spazio’s issued and paid-up capital is held by Dubai Investment Group LLC which holds 45% and KOP Capital Pte Ltd which holds 5%. Scotts Spazio is a company incorporated in Singapore and its principal activity is the acquisition and development of a URA site located at Newton/Scotts Road.

*Allco REIT Ltd - British and Malayan Trustees Limited, as trustee of Allco REIT, has entered into a sale and purchase agreement with Sable Resources Pte Ltd for the acquisition of KeyPoint, 371 Beach Road, Singapore. The Property is being acquired for a total purchase price of S$370.0M

* Enzer Corp Ltd - application for its wholly owned subsidiary, Enzer Electronics Pte Ltd to be placed under Judicial Management has been approved by the High Court of Singapore. Mr Tay Swee Sze of Messrs Tay Swee Sze and Associates was appointed as Judicial Manager of the Subsidiary by the Court today.

* Flextech Holdings Ltd - the name of the Company has been changed to "Dragon Group International Limited" with effect from 5 October 2007.

* F & N Ltd -

Fraser and Neave, Limited and Dr Han Cheng Fong, Group Chief Executive Officer of the Fraser and Neave Group have reached agreement for an amicable
cessation of Dr Han's employment with effect from 5 October 2007. The cessation arises from differences of opinion with the Board which are
unconnected with the financial position or performance of the Company or its subsidiaries.

* Hiap Seng Engr Ltd - Credit Agricole Asset Mgmt pares down their stake from 5.58% to 4.74% through an open market sales

* Kep Corp Ltd - Its wholly-owned subsidiary Kephinance Investment Pte Ltd has acquired 2.45M shares in K1 Ventures Ltd, an associated company of
Kep Corp Ltd for an approximate consideration of SGD$771,750.00


3Q07 Earnings announcement dates

* K-REIT Asia - 10th Oct 07

* Keppel T&T - 23rd Oct 07

* Keppel Land Ltd - 23rd Oct 07

* SPC - 24th Oct 07

* Kep Corp - 25th Oct 07

Saturday, October 06, 2007

Singapore share market news

IPO Singapore stock : China Oilfield Technology offers 211.6 million shares at S$0.60 each on SGX Mainboard

SINGAPORE - 5 October 2007 - China Oilfield Technology Services Group Limited, ("China Oilfield Technology"), a "one-stop" customised solutions provider of integrated tertiary oil recovery equipment and technology to enhance the extraction of oil in the Daqing oilfield region of the PRC, announced today it has registered its final prospectus with the Monetary Authority of Singapore in conjunction with its proposed listing on the Mainboard of the Singapore Exchange Securities Trading Limited ("SGX-ST").

Its initial public offering ("IPO") of 211,607,000 shares at S$0.60 each (the "Shares") opens at 9.00 am on 8 October 2007 and closes at 12.00 noon on 15 October 2007. Trading of China Oilfield Technology's Shares, in board lots of 1,000 Shares each, is expected to commence on 17 October 2007.

HL Bank is the Manager, Underwriter and Placement Agent for the IPO. Kim Eng Securities Pte. Ltd. is the Principal Sub-Placement Agent.

Of the 211,607,000 Shares on offer, 127,500,000 are New Shares and 84,107,000 are Vendor Shares. The IPO comprises 3,228,000 Offer Shares that are available for public subscription, and 208,379,000 Shares by way of placement.

Representing 29.04% of China Oilfield Technology's post-Invitation enlarged share capital of 728,595,000 Shares, the Shares are being offered at a pre dilution price earnings ratio of 18.39 times, based on the Group's audited net earnings of RMB97.7 million for the financial year ended 31 December 2006.

Use of Proceeds
The net proceeds of approximately S$71.4 million will be used as follows:
(a) Enhance its research and development capabilities
(i) S$3.0 million for further research and development of its alkaline surfactant-polymer ("ASP") injection technology
(ii) S$3.0 million for further research and development of ASP residual liquid treatment technology and related chemical agents
(b) S$24 million to expand its production capacity
(c) S$4 million to expand its sales and marketing network in the PRC and overseas markets
(d) S$37.4 million as general working capital

About China Oilfield Technology Services Group Limited
Based in Heilongjiang Province's Daqing oilfield region, one of the largest oilfields in the PRC, China Oilfield Technology's core activities lie in the research, development, manufacture and sales of customised integrated equipment and products that are used in enhancing the extraction of crude oil.

With a strong emphasis on research and development ("R&D") and product quality, China Oilfield Technology incorporates proprietary technology in tertiary oil recovery, and provides practical and cost effective technical solutions to cater to its customers' needs. Backed by 40 full-time R&D personnel, the Group has developed various patented oil extraction equipment and technology over the years.

The Group has production facilities located in Daqing City, Heilongjiang Province of the PRC, and R&D facilities located in Beijing and Daqing City.

In October 2004, China Oilfield Technology acquired a 348,792-sqm site for the construction of a new production complex, Dafeng Industrial Park, in the Third Zone of Hi-Tech Development Zone, Daqing City. The first phase of the Park is targeted to be completed by end 2007.

Product Range
The Group has a wide range of tertiary oil recovery products, which can be divided into three segments:
(i) Enhanced Oil Recovery;
(ii) Environmental Protection; and
(iii) Energy Saving and Others

All of China Oilfield Technology's products are sold directly to PRC oil extraction companies operating in Daqing oilfield, which is one of the first oilfields to adopt tertiary oil recovery technology in the PRC.

There are three main phases of oil recovery:
i) Primary oil recovery - Uses natural pressure of the reservoir to push crude oil to the surface, and allows about 5% to 10% of the oil in the reservoir to be extracted.
ii) Secondary oil recovery - Pressurised gas and water are used to drive the residual crude oil and gas to the surface wells, and allows an additional 25% to 30% of the oil in the reservoir to be extracted.
iii) Tertiary oil recovery - Different materials are injected to improve the flow between oil, gas and rock, and to recover crude oil remaining after the primary and secondary oil recovery phases, and allows an additional 20% to 30% of the oil in the reservoir to be extracted.

China Oilfield Technology provides customised equipment and technical solutions incorporating its proprietary technology and techniques in tertiary oil recovery to enhance the extraction of oil. There are various tertiary oil recovery techniques. China Oilfield Technology focuses on chemical flooding, or the injection of chemicals such as alkali or polymer into the oil reservoirs. In the PRC, chemical flooding, particularly polymer flooding and ASP injection, is the preferred tertiary oil recovery technique due to technical and economic considerations.

Industry Prospects
Said Mr Gao Yanming, China Oilfield Technology's founder and Executive Chairman: "Thanks to China's strong economic growth, China continues to be a net importer of oil because of its strong appetite for oil, and this is in spite of it being one of the largest oil producing countries in the world! In order to sustain the output of oil extracted from its existing oilfields, China needs to employ tertiary oil recovery methods as some of its major oilfields are mature and at the secondary stage. China Oilfield Technology is well positioned to capitalise on the opportunities this offers as we have the proven track record. Daqing oilfield is one of the first oilfields to adopt tertiary oil recovery technology in the PRC."

In a report published by PetroChina Company Limited dated 3 April 2007, Daqing Oilfield Co., Ltd., which is wholly-owned by PetroChina Company Limited, announced its plan to extend the use of tertiary oil recovery techniques in more than 80% of its oil extraction sites in its oilfields in the Daqing region in the next 15 to 20 years.

By the end of 2006, tertiary oil recovery in Daqing oilfield had reached an output of more than 10 million tonnes per year, accounting for about 25% of the total crude oil output in Daqing oilfield.

Other oilfields in the PRC, such as Shengli, Changqing and Xinjiang, are expected to expand the scale of their tertiary oil recovery processes as their oilfields approach maturity.

"We believe that the majority of PRC oilfields have not commenced tertiary oil recovery technology. Given the limited supply of crude oil resources in the PRC, as well as a growing focus on improving the oil recovery rate and extending the production life of oilfields, tertiary oil recovery is expected to play an increasingly important role in the near future," said Mr Gao.

"Leveraging on China Oilfield's established record in tertiary oil recovery in Daqing, we believe that this listing will further enhance our credibility and reputation in the industry to enable us to expand our business to attract potential customers both in the domestic market as well as in new overseas markets," he added.

Financial Highlights
Fuelled by the demand for tertiary oil recovery, China Oilfield Technology's revenue has grown from approximately RMB49.7 million in FY2004 to approximately RMB149.4 million in FY2006. The Group's net profit grew from RMB17.7 million in FY2004 to RMB97.7 million in FY2006.

In the first five months of FY2007 ("FP2007"), the Group posted a revenue of RMB34.3 million (compared to RMB29.8 million in FP2006), and net profit of RMB17.4 million (compared to RMB12.4 million in FP2006). A major portion of the Group's sales are typically recognised in the second half of the year.

As at 31 May 2007, the Group has secured confirmed sales orders amounting to approximately RMB93.7 million, which are usually fulfilled within six months.
Revamped Straits Times Index - 30 component singapore listed stocks

CAPITALAND
CAPITAMALL TRUST
CITY DEVELOPMENTS
COSCO CORP SINGAPORE
DBS GROUP HOLDINGS
FRASER AND NEAVE
GENTING INTERNATIONAL
HONG KONG LAND
JARDINE CYCLE & CARRIAGE
JARDINE STRATEGIC
KEPPEL CORP
KEPPEL LAND
NEPTUNE ORIENT LINES
NOBLE GROUP
OLAM INTERNATIONAL
OVERSEAS CHINESE BANKING
SEMBCORP INDUSTRIES
SEMBCORP MARINE
SIA ENGINEERING
SINGAPORE AIRLINES
SINGAPORE EXCHANGE
SINGAPORE PRESS HOLDINGS
SINGAPORE TECHNOLOGIES ENGINEERING
SINGAPORE TELECOM
STARHUB
THAI BEVERAGE
UNITED OVERSEAS BANK
WILMAR INTERNATIONAL
YANGZIJIANG SHIPBLDG HLDGS
YANLORD LAND GROUP

Friday, October 05, 2007

Singapore stock market related news 5 oct

China Haida - Requests for trading halt. Placement of 25m new shares at
S$0.282 each

MACARTHURCOOK INDUSTRIAL REIT - Completion of Acquisition of 541 Industrial Park A

Asia Environment : Proposed transaction with International Finance Corporation, member of the World Bank Group
to subscribe for up to 20,400,000 non-listed warrants issued
by the Company exercisable into 20,400,000 new ordinary shares in the capital of the Company.
Intends to use the amount from the IFC Transaction primarily to finance the
investments into new build-operate-transfer and transfer-operate-transfer projects.
Warrants Issue

SPH: Today entered into a JB with Fung Choi Printing Ltd and Rainbowchina Image Coy. JV is through its subsi. Coy only have 60% stake in this JV.

Viz Branz: Share buy-back of 139mil shares.

* Celestial Nutrifoods Ltd - JF Asset Management (Singapore) Limited pares down their stake from 9.23 % To 8.88 % through a discret open sales in the market

* Allgreen Properties Ltd - issue and allotment of an aggregate of 49,725 ordinary shares in the capital of the Company, at the subscription price of
S$0.7451 each, pursuant to the exercise of options granted under the Allgreen Share Option Scheme 2002. These new shares have been listed and quoted on the Singapore Exchange on 24 September 2007.

* SMB United Ltd - HSBC Banking Corp Ltd ups their stake from 4.75% to 5.65% through an open market purchase

* Annaik Ltd - For 3Q07, the company has utilised S$1.8M to settle trade liabilities & S$2.8M as repayment of bank loans as part of the said intented usage of the placement share proceeds

* JapanLand Ltd - its wholly-owned subsidiary, Japan Asia Land Limited has issued a series of short-term straight bonds totaling JPY2.2B for the redemption of JPY2.9B bonds issued to associate, Japan Asia Holdings
(Japan) Limited which matured on 28 September 2007.

* Ecowise Holdings Ltd - subject to the approval of Shareholders for the proposed Cash Dividend and the Rights cum Warrants Issue at the extraordinary general meeting of the Company to be held on 5 October 2007, the Share Transfer Books and Register of Members of the Company will be closed at 5.00 p.m. on 19 October 2007

CMT's mgmt will release CMT's financial results for the 3rd Quarter of 2007 ended 30 September 2007 on Friday, 19 October 2007.

EI-Nets response to query. The Company and the Board of Directors are not aware of any other information not previously announced concerning the Company and its subsidiaries which, if known, might explain the trading.

Pacific Healthcare Holdings injects HKD13,499,980 into subsidiary Pacific Healthcare Hong Kong with the purpose of funding company's expansion plans into hong Kong and China.

Unifiber's wholly owned subsidiary Poh Lian Construction establishes a new subsidiary called PLC Scaffolding to carry out scaffolding activities exlusive to Poh Lian Construction.

Super Coffeemix: Completion of the acquisition of 128,000,000 exisiting shares in PSC Corporation Ltd.

Fung Choi: Sub., Fung Choi Printing has entered into a JV with SPH Interactive, 701 Search P L & Rainbowchina Image. JV company is named 701 Sou (HK). Principal activity to provide digital media services in the PRC market.

SPH: Incorporation of subsidiary company, SPH Interactive to entered into a JV with Fung Choi Printing & Rainbowchina

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