Singapore share market update

listed companies results release date - updated on 4aug

Date of Release Company Remarks
5-Aug Celestial NutriFoods 1H FY08
5-Aug China Hongxing 1H FY08
5-Aug Hi-P 1H FY08; Before 9am
5-Aug Hyflux Water Trust 1H FY08; After 5pm
5-Aug Li Heng Chemical Fibre 1H FY08
5-Aug Mermaid Maritime 1H FY08
5-Aug Tuan Sing Hldgs 1H FY08; After 5pm
6-Aug SembCorp Industries 1H FY08; After 5pm
6-Aug Synear Food Hldgs 1H FY08; After 5pm
7-Aug Broadway Industrial Grp 1H FY08; After 5pm
7-Aug Centraland 1H FY08; After 5pm
7-Aug China Sun Bio-Chem Technology Grp 1H FY08; Profit Warning
7-Aug Electrotech Investments 1H FY08; After 5pm
7-Aug LMA Int'l 1H FY08
7-Aug Midas Hldgs 1H FY08; After 5pm
7-Aug NOL 1H FY08
8-Aug Hiap Hoe 1H FY08
8-Aug Hotel Royal 1H FY08; After 5pm
8-Aug NippeCraft 1H FY08
8-Aug SuperBowl Hldgs 1H FY08
11-Aug Eastern Asia Technology (Eastech) 1H FY08
11-Aug Fabchem China 1H FY08; After 5pm
11-Aug Ho Bee 1H FY08
11-Aug Lee Kim Tah 1H FY08; After 5pm
11-Aug MegaChem 1H FY08
11-Aug Pine Agritech 1H FY08
11-Aug Sino-Environment Tech Grp 1H FY08; After 5pm
12-Aug Armstrong Industrial Corp 1H FY08
12-Aug China Lifestyle Food and Beverages Grp 1H FY08; After 5pm
12-Aug China Taisan Tech Grp 1H FY08; After 5pm
12-Aug Chip Eng Seng 1H FY08
12-Aug Golden Agri-Resources 1H FY08; After 12.30pm
12-Aug Hong Leong Asia 1H FY08
12-Aug Hotel Plaza 1H FY08
12-Aug IFS Capital 1H FY08; After 5pm
12-Aug Macarthurcook Industrial REIT 1Q FY08
12-Aug SingTel 1Q FY08; Before 9am
12-Aug ST Engg 1H FY08; After 5pm
12-Aug Straits Trading 1H FY08
12-Aug UOL Group 1H FY08
13-Aug Advanced Holdings 1H FY08; After 12.30pm
13-Aug Breadtalk Group 1H FY08; After 5pm
13-Aug ComfortDelgro Corporation 1H FY08; After 5pm
13-Aug Datacraft Asia 1H FY08; Before 9am
13-Aug Ellipsiz FY08; Profit Warning
13-Aug Foreland Fabritech 1H FY08
13-Aug Petra Foods 1H FY08; Before 9am
13-Aug Swiber Hldgs 1H FY08; After 5pm
13-Aug United Overseas Insurance 1H FY08
14-Aug China Sports Int'l 1H FY08
14-Aug City Developments 1H FY08
14-Aug CSE Global 1H FY08
14-Aug FerroChina 1H FY08; After 5pm
14-Aug HTL Int'l 1H FY08
14-Aug IndoFood Agri 1H FY08; After 5pm
14-Aug Nera Telecommunications 1H FY08; After 5pm
14-Aug Wilmar Int'l 1H FY08; After 5pm
18-Aug Chosen Hldgs 1H FY08; After 5pm
18-Aug Jaya Hldgs 1H FY08
20-Aug ASL Marine 1H FY08; After 5pm
13-Sep China Flexible Pack 3Q FY08
29-Oct NOL Tentative

Singapore Share Market S-chips update :

Composition of the Merrill Lynch S-shares index
BBG Code Short Name Market Cap (USD MM) Weight Sector

COS SP Cosco Corp Singapore 5,462 6.63% Industrials
YZJ SP Yangzijiang Shipbuilding 2,175 6.63% Industrials
FRC SP Ferrochina Limited 734 6.63% Materials
CHHS SP China Hongxing Sports 842 6.63% Consumer Discretionary
LHCF SP Li Heng Chemical Fibre 817 6.63% Consumer Discretionary
YLLG SP Yanlord Land Group 2,823 6.63% Financials
CEGY SP China Energy Ltd 429 6.63% Materials
CENU SP Celestial Nutrifoods 371 6.63% Consumer Staples
CXLX SP China Xlx Fertiliser 568 6.04% Materials
SINOT SP Sino Techfibre 423 5.28% Consumer Discretionary
CMILK SP China Milk Products 414 5.22% Consumer Staples
SINE SP Sino-Environment Tech 348 5.04% Utilities
SYNF SP Synear Food Holdings 431 4.67% Consumer Staples
SVC SP Sunvic Chemical 158 3.75% Materials
CZAI SP China Zaino International 378 3.59% Consumer Discretionary
DLNG SP Delong Holdings Ltd 1,286 3.34% Materials
MIDAS SP Midas Holdings Ltd 560 3.13% Industrials
JIUC SP Jiutian Chemical Group 163 2.70% Materials
PAG SP Pine Agritech Limited 360 2.13% Consumer Staples
FBCM SP Fibrechem Technologies 434 2.09% Consumer Discretionary

Source: Merrill Lynch Equity Derivatives Strategy
Weights as of 30-Jun-08

SINGAPORE SHARE MARKET UPDATE 4july2008
- Another IPO bites the dust

Hong Kong dry-bulk shipping line Maritime Capital Shipping has
decided not to proceed with an initial public offering (IPO) in the Singapore Stock Exchange due to weak sentiment for the Singapore stock market in recent weeks.

"The performance of the global equity markets has deteriorated
sharply in the last few days and equity markets have closed for
IPOs, regardless of the underlying fundamentals of the company,"
said Maritime Capital chief executive officer Mark Harris. Mr. Harris
did not say when or whether the company might revive listing
plans.

After witnessing the "failure" of some of the recent IPOs in Singapore stock market, most investors would find it hard to jump into another IPO.
Most recent Singapore IPOs have tanked on day one of listing and are
still trading below their respective IPO prices. The last count is that
15 of the 18 new companies whose shares are listed in the Singapore stock exchange this year are now trading below their offer prices.

After the recent sell off in the broad market, some recent IPOs are
trading at 3-4 times FY08 earnings.......its no wonder new IPOs are finding hard
convincing investors to subscribe to them at 4-5 times FY07 earnings.