Singapore stock market and share related news 5th nov

Excelpoint - 3Q results - Sales turnover up by 14.8% yoy. Net profit down from $0.24 million to $0.19 million, due to higher operating expenses, higher selling and distribution costs and wages.

Indofood Agri - completed acquisition of majority interest in Pt Perusahaan Perkebunan London Sumatra Indonesia TBK

Board Room - 1Q results - Revenue up 16.2% yoy on increase of clients, new assignments. Pretax profit up 24.9% yoy.

Sim Lian's wholly owned subsi, Geo-Tele has entered in to sales and purchase agreement with Savvis Singapore company to divest its entire data centre business and assets for a total consideration of
S$7.8 Million in cash.

Capita Mall Trust - Placement - Private placement of 97m new shares at
S$3.63 per share.

China Infrastructure Holdings - Placement - placement of 150m new shares at the issue price of S$0.095 per share.

CH Offshore: Released 1Q07/08 results. Revenue decreased by 3%, profit from operations drop by 24.6%. Profit after tax drop by 25.4%.


Great Eastern Holdings: 3Q07 results. Overall, GE's profit surges 34% to 402.3mil.


ADROIT: Coy, through ASphere, its subsi, completed acquiring 1mil of issued shares of Gemisuria Corp for an aggregate purchase consideration of RM2.


UIC: 3Q07 results. Net profit increased by 40% to 41mil. Revenue by 76% qoq.


UNI-Asia: Coy used usd1.3mil, 1.4mil and 1.35mil for coy's investments in Akebono fund through the subscription of performance notes issued by the Akebono fund.


Lian Beng: Coy announced JV with Duke Development via a 20% equity sharing with Duke.


CapitaLand: Capitaland Retail Indea Investments has subscribed for and been allotted an additional 9.8mil shares of Rp10 ea in Flicker Projects Pte Ltd for 490mil. Flicker continues to be an indirect subsi of Capitaland.


SPLand: 1H07 results. Revenue increased by 27% qoq, net profit by 25% at 36mil.


Venture: Coy achieved a record net profit of SGD227mil for the first 9mths of 07, a 40% increase qoq. This translate to an EPS of 82.5cts on a fully diluted basis.



HengXin: 3Q NP increase 10.2% to RMB26M QOQ, YOY decrease by 2.8% to 65M.
Mainly due to securing more contacts in RF coaxiale cables which increase revenue increase from 170.4M to 241.3M QOQ

C&O: 1Q'08 ended 30 Sept result to be announce on 12 Nov Mon during lunch time

Gallant: Sub. Verizon Resorts Limited has acquired 100% of Great Success Investments Limited for US$2

SNF: Proposed acquisition of up to 75% of multielectron optronics co Ltd
(MEO) which specialized in the engineering design & original design manufacturer (ODM) of small & medium size TFT LCD used in digital photo frames, DVD players etc for $8,250,000. Profit guarantee '07 $2M, '08 $8m

* Kep Land Ltd - Its 2 wholly-owned subsidiaries Dattson Pte Ltd & Sophia Intl Pte Ltd have entered into 2 separate JVs with local property developer, An Phu Corporation to develope luxury villas & condominiums in District 9 of Ho Chi Minh City, Vietnam

* Travelite Holdings Ltd - The Company has on 2 November 2007 executed a sale and purchase agreement to acquire 70% interest in the capital of Fashion Street (S) (Pte) Ltd from Shinji Anno and Takako Anno at a purchase consideration of S$2.55M

* Delong Holdings Ltd - SGX issues queries on Delong's 3Q07 results namely in areas of its increased inventory with high sales, FX losses as well as the impact of its 13.2% stake in ASX-listed Cape Lambert Iron Ore Ltd

* Yanlord Land Group Ltd - Frasers Hospitality and Yanlord Land Group Limited have jointly opened the doors of their first serviced residence in Nanjing. Fraser Suites Nanjing, owned by Yanlord, is a 30-level gold-standard serviced residence located in a prime area at the heart of the emerging Central Business District in Hexi, Jianye District.

* Haw Par Corp Ltd - Will be releasing its 3Q07 & 9 months earnings results on 7th Nov 07.

* Biosensors Group Intl Ltd - Will announce its financial results for the second quarter and first half of its fiscal year ended 30 September 2007 on Monday, 12 November 2007 before trading hours.

* Foreland Fabritech Holdings Ltd - Has successfully developed a new product – a biodegradable compound fabric that is environmentally friendly and has an advanced grading and higher performance function. This new fabric has passed the tests conducted by the relevant Chinese governing authorities. Targeted to be launched and commercialised by November 2007, the new product is expected to command higher gross profit margin than that of the average of the Group’s existing product range

* Multi-Con Systems Ltd - Has entered into a sales & purchase agreement & a subscription agreement to acquire 75% of CEE Tech & Mgmt Pte Ltd for S$41.3M through the issuance of 154.843M shares prices @S$0.15/share & S$8M