SINGAPORE SHARE MARKET NEWS UPDATE 13JUNE08

- Robinson and Co Ltd will be delisted from the SGX on Monday, following its takeover earlier this year by the Dubai-based Al-Futtaim Group.

- Swiber Holdings is maneuvering itself into position by getting its deepwater rig ready for operation in 2010.

- Ecowise Holdings' net profit more than doubled to S$6.54m for 1H08, from S$2.62m in 1H07.

- Pokka Corporation intends to make a voluntary unconditional cash offer of S$0.66/share for all the issued ordinary shares in the capital of Pokka Corporation (Singapore).

- Moody's Investors Service changed Macarthurcook Industrial Reit's Baa3 rating outlook to developing from stable.

- Furama said it has bought three boutique hotels in Bangkok for S$32.3m, citing opportunities in the strong Thai tourism sector.

- A huge order of eight drilling units from Norway's Sevan Marine is set to boost Cosco's revenues significantly.

- Giant Belgium-based brewer InBev made an unsolicited offer worth roughly US$46b for the American brewing icon Anheuser-Busch Cos.

- Air pollution causes about 10,000 deaths yearly in southern China's Pearl River Delta region, according to a study released by a research organization and three universities.

- US Federal regulators proposed new rules designed to stem conflicts of interest, expand disclosure for Wall Street's credit rating industry and flag the ratings of more complex securities.

- Statistics from the CBS showed divorced individuals and young adults are two segments of the Singapore population that are more liable to miss their credit card payments.