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

No comments:

Post a Comment

About Me

enjoy stock and forex trading