Friday, October 05, 2007

Singapore stocks and shares related new - 4th oct

Asia Environment Holdings Ltd - Requests to lift trading halt.. Has reached substantial agreement on the terms of a proposed transaction with International Finance Corporation ("IFC"), a member of the World Bank Group. IFC 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 in consideration for IFC extending a revolving loan of up to US$15 million for IFC's own account to the Company.

Straits Asia requests for trading halt.
SIHUAN: Pharmaceutical subsidiary receives prestigious award for quality and technical excellence. A ward re-affirms Sihuan's leading edge in China's pharmaceutical industry

PANHONG: Achieves 99% takeup rate for Nanchang Property Project.

STATS CHIPPAC: Has completed the acquisition of LSI Corporation's assembly and test operation in Pathumthani, Thailand. R einforces STATS ChipPAC's position in the data storage and communications market.


Chemoil: Announce plans to build a new terminal in Panama. will take 2 yrs to build. Helps to secure its position as the leading supplier of marine fuel in Panama and also complements the Panama Canal Expansion project which started in Sept. This will also helps to increase storage capacity, increase its bunkering & cago sales while reducing per unit operating costs

First Ship Lease Trust: Financial result for quarter ended Sept 07 will be announced on 18 Oct

Guangzhao: Supply of Jatropha Curcas Plantlets to APVC Holdings P L. No material impact on NTA & EPS for the Group 31 Dec 07.

China Auto: Proposed Sale & Part Leaseback by the company of the property @
17 Jurong Port Road - SGX wavier from complying with Rule 1014 approved.



Armstrong - acquired an additional 8.98% Armstrong Rubber & Chemical Products Co Ltd, stake increased to 73.78% from 64.8%. No material impact on NTA or EPS for current year financial

Sunning Tech - disposal of investment in IONMI Percision for S$800k, no material impact on June 2007 NTA or EPS

* Alantac Technology Ltd - Pacific Capital has on 3 October 2007 exercised its right to convert the aggregate principal amount of S$1.55M in respect of the 6th tranche of the Notes at the Conversion Price of S$0.175. This leaves an outstanding balance of S$1.45M in respect of the sixth tranche of the Notes

ALBEDO LIMITED: Use of proceeds of 2.1 million for the Thai manufacturing plant, used to market and produce iron and steel rolls

SIHUAN:Pharmeceutical company. They are the one out of four to recieve award as national new and high tech enterprise

PAN-HONG: Pre-sold 993 residential units of the 1,005 units released for sale since may 2005

Oakwell sets up a new subsi in Malaysia to carry out business of water and wastewater segment.

Capitaland's Raffles City strategy:
1) 5 more Raffles City developments in the next five years.
2) Likely locations for the next developments include china
3) May inject Rafflesd City developments into Raffles City REIT

C&O Pharm: coy used approx 15mil used from the placement of 42mil shares at
HK0.25 ea on construction of new R&D centre in Nanjing. Another 1.8mil on expansion of workforce to strengthen market recognition of group via promotional and marketing activities.

SinoEnV: Coy will announce 3Q results on 14 NOV

CapLand: Establishment of indirect wholly owned subsis: 1. Xinyun investment management 2. Beijing capitaland Xin Ming Real Estatement development.

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