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

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