singapore stock market news and announcements 7th dec 2007

Olam: JPM up stake from 5.92% to 6.05%

Noble Design: Proposed cash dividends and rights issue. Issue price of
.0738 for ea share. 1 right for every 2 share.

MIDAS: Signed a framework agreement with Chinalco (a alu producer in china) The agreement sets the t&c for future contracts and proj between both coys.
Both coys will explore collaboration in biz dev of alu ally plates, sheets and profiles.

k1 Ventures: Coy made an additional invesment in China automobile biz, effectively almost

Ultro: Entity announce that they will not proceed with the rights cum warrants issue as they did not get approval to postpone the issue to Feb
'08 from SGX

China Petrotech: Private placement - in-principle approval obtained from SGX

Wilmar: Proposed issue of USD500mil convertible bonds due 2012 with an option for up to an additional usd100mil convertible bonds.

KohBros and LianBeng: Clarified DJNews. Says that they have submittd JV tender but the outcome of the tender is yet to be known. Both will start trading today.

Allgreen: Coy entered an agrreement to develop seven projects in Hangzhou, Chengdu, Qinhuangdao and Shenyang.

MiddleEastD - ACQUISITION OF REMAINING 25% SHAREHOLDING INTEREST IN SUBSIDIARY. The acquisition is not expected to have any material impact on the Company's consolidated earnings and net tangible assets per share in the current financial year.

SGX Introduces New Watch-List for Mainboard Companies to Heighten Market Transparency. The new "Watch-List" and rule changes will take effect on 1 March 2008