10 April 2006      
Volume `000 
 China Paper
 Japan Land
 Sun East
 China Sun
 China Sky
Weekly movement as at 7 April 2006
 CMProp 100 HK$
 Shang Asia 2kHK$
 SGX CA eCW060424
Weekly movement as at 7 April 2006

YHI: Appointed Licensed Manufacturer Of Alloy Wheels For Japan's Enkei Corporation
Shangri-La Asia: FY05 Net Profit Up 33% To US$151 Million
AusGroup: Secured A$32 Million Contract From CSBP Ltd In
Western Australia
Federal: JV With UAE Company Rampco International Technical
Services LLC

SPC: Starts Test Drilling At Dukuh-1 Well In Indonesia
Albedo: Launched IPO Of 33 Million Shares At 22 Cents Each
Addvalue: To Sell Airtime For Norway-based Telenor Satellite
ST Telemedia: Bid For Egypt's Third Mobile Phone Licence With
Qatar Telecom
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HOT Off The Press

Singapore Computer Systems Appoints EVP (Sales & Marketing)

Singapore Computer Systems Limited has appointed Mr. Vincent Lim Shuh Moh, 47, as its new Executive Vice-President (Sales & Marketing).

Mr. Lim, who assumed this position on 1 April 2006, will be responsible for the customer and partner relationship functions. In this role, he focuses on strengthening ties and building long-term relationships with customers and business partners. Mr. Lim is also responsible for the marketing function to generate sales leads for the company.

Mr. Lim has over 25 years' experience in the IT industry, and is an SCS veteran of some 17 years. He first began his career at SCS in 1987. He was promoted through the ranks from Manager of SCS' Microcomputer Division in 1988 to be General Manager, Enterprise Computing Business.

Singapore Computer Systems is a leading information and communications technology service provider in Asia. [+]

MatrixView Secures Tele-Enabled
Echocardiography Project In North America

MatrixView Limited secured a contract with Canadian based Toronto Health Care Center to deliver a tele-enabled, echocardiography management solution to three remote health clinics in Toronto, Canada. This landmark project will underpin MatrixView's expansion into the lucrative North American and Canadian telemedicine markets.

MATRIXiTi EchoPACStream™ will provide THCC with a number of technological advantages including enhanced data storage management, security and optimised transmission speeds.

MatrixView Limited [ASX: MVU] is a core technology innovator that uses its patented Adaptive Binary Optimisation technology to provide unique architectural solutions to enterprises across the digital content management continuum. [+]

Midas Forms New Joint Venture To
Manufacture Metro Trains

Midas Holdings Limited will invest RMB148.73 million to form a new joint venture with four other Chinese companies, namely CSR Nanjing Puzhen Rolling Stock Works, Nanjing Metro Co., Ltd, Nanjing New and High Tech Development Zone General Company and Pukou State-owned Capital Operation (Holding) Co., Ltd, to establish a Sino-foreign joint venture company to be known as Nanjing Puzhen Rail Transport Co., Ltd.

Upon its incorporation, NPRT will engage in the development, manufacturing and sale of metro trains, bogies and their related parts. With a total investment amount of RMB407.63 million, Midas will hold a 32.5% equity interest in NPRT. CSR will hold 42.5%, while Nanjing Metro and Nanjing New and High Tech will hold 10% each and Pukou Holding will hold 5%.

Midas is today a leading manufacturer of aluminium alloy extrusion products and polyethylene pipes, primarily for the infrastructure and transportation industries in the PRC. [+]

PEARL Energy First-Quarter 2006
Operational Update

Field/PSC Average production net to PEARL in Q1 06
(barrels of oil per day)
Salawati Island  
Salawati Basin
Jasmine/B 5/27

PEARL is a Singapore-based oil and gas company engaged in the exploration, development and production of oil and gas exclusively in Southeast Asia. [+]

Delong In Strategic Alliance With Two Top Steel Companies In PRC's Hebei Province

Delong Holdings Limited has forged a strategic alliance with two other steel companies based in Hebei province, Peoples' Republic of China. The two other steel companies are state-owned Handan Iron & Steel Co., Ltd and privately owned Wenfeng Iron & Steel Co., Ltd.

Handan Steel and Wenfang Steel each has an annual steel production capacity of 8.0 million tonnes and 2.0 million tonnes respectively. Handan Steel produces a wide range of products, including cold-rolled steel, steel bars and wire for customers who are mostly state-owned enterprises, while Wenfeng Steel's key products include flat steel and welded steel tubes.

The strategic alliance initiative is supported by the Hebei provincial government. The three companies will seek to create a significant steel alliance in southern Hebei province, in line with the provincial government's plans to further strengthen Hebei's current status as a steelmaking hub.

Delong Holdings Ltd is a steel manufacturing and trading group headquartered in Beijing, China. [+]

WesTech Electronics Appoints Electronic Components Industry Veteran As Chief Operating Officer

WesTech Electronics Limited has appointed electronic components industry veteran Ravi G. Sastry as the Group's Chief Operating Officer in charge of all business operations.

Before joining WesTech, Mr Sastry was the Vice President of Global Accounts at TTI, INC, the largest authorized distributor of passive, interconnect, and electromechanical components and headquartered in Fort Worth, Texas, USA. As Vice President from 2005 till his departure this year, he oversaw all sales activities related to TTI's largest global accounts.

WesTech Electronics Limited acts as a distributor and manufacturers' representative of a comprehensive range of electronics components and systems for many international brands. [+]

Sinomem Forms Membrane Manufacturing JV In China

Suntar Membrane Technology, a wholly owned subsidiary of Sinomem Technology, has entered into an Agreement with Microdyn-Nadir GmbH, a leading membrane development and manufacturing company, which is currently 50% owned by Sinomem, to setup a joint venture named Microdyn-Nadir Technology (Xiamen) Co., Ltd in Xiamen, China. The JV is formed according to the acquisition agreement that Sinomem signed with M-N and GEP I Holding AG on 1 April 2005.

The new JV will have a registered and paid up capital of Euro 500,000. M-N will have 65% stake in the JV and Suntar will own the rest 35%. Combined with the indirect stake owned through M-N, Sinomem will have an effective stake of 67.5% in the new JV. The new JV will be mainly engaged in developing and manufacturing membrane materials, and modules, which are used in liquid and gas separations. The JV will have a capacity to produce about 10000M2 of membranes per year. The new JV is expected to be ready for operation in 2nd half of 2006.

Sinomem Technology Limited provide integrated process and engineering solutions for separation, purification and cleaner production purposes for their customers in diverse industries through the use of its proprietary advanced membrane technology. [+]


CAO Subsidiary Closes Latest Jet Fuel Tender For May 2006 Deliveries

China Aviation Oil (Singapore) Corporation Ltd wholly-owned subsidiary, China Aviation Oil Trading Pte Ltd, has closed its latest physical Jet Fuel tender for deliveries in May 2006.

CAOT's latest tender was very successful and received responses from 23 physical jet-fuel suppliers, including oil majors, independent refineries and major trading houses. For this tender, total volume of 255,000 metric tonnes of A-1 Grade Jet Fuel was awarded and the tender was approximately 7.6 times oversubscribed.

CAOT will award the mandates to the most competitive tenderers and would like to state that the tenders received for this latest tender exercise complied with CAOT's standard terms and conditions.

China Aviation Oil (S) Corp Ltd is a Singapore-headquartered, multinational investment and oil infrastructure company. [+]

JEL Clinches Apple Distribution Rights

• Apple joins Motorola, IBM, Acer, Nikon and Konica Minolta in JEL's rapidly growing stable of leading technology brand principals.

• Growing momentum in the convergence of global IT and Telecommunications technologies continues to benefit JEL's distribution strategy in emerging markets.

JEL is principally engaged in the trading and distribution of photographic products and fast-moving consumer goods in emerging markets of Indo-China, Central Asia, certain countries/regions in Africa and Latin American. [+]

Hongguo International's Flagship Ladies' Footwear Brand C.Banner Admitted As China's Well-Known Trademark Under PRC Trademark Law

Hongguo International Holdings Limited flagship C.Banner brand has been admitted as one of the nation's well-known trademark under the People's Republic of China Trademark Law by the Nanjing City Intermediate People's Court on 19 August 2005, thereby conferring full legal protection rights to the brand. It also provides protection against use in both registered and unregistered trademarks in all other types of goods and services.

The Company received a special reward of RMB 1 million from the Nanjing City Municipality on 4 April 2006.

According to statistics issued by the China Industrial Information Issuing Centre, C.Banner was the second bestselling ladies' footwear brand in China in 2005.

Hongguo International Holdings Limited is the company behind one of the leading premium brands of ladies' fashion footwear in China. [+]

Successfully Venturing Abroad -
Announcement Of Shanghai Turbo's New Customer Wins

Shanghai Turbo Enterprises Ltd. has recently secured an assessment trial order from a major new overseas customer, Alstom Power Generation AG. Subject to the trial orders meeting the customer's product assessment and quality evaluation requirements, substantial bulk orders are expected to follow in the second half of the financial year ending 31 December 2006.

The Company has also begun discussions on product assessment and quality evaluation trials with two other major overseas new customers namely, Hitachi (Shanghai) Co., Ltd., and Siemens Ltd., China. Depending on the success of these discussions, the Company will start producing small volumes of assessment trial orders for these customers in the second quarter of FY 2006.

Shanghai Turbo is a precision engineering group that specialises in the production of precision vane products, namely stationary vanes, moving vanes and nozzles. [+]

Oculus Exhibiting Its FreshKon® Disposable Color Lenses In Mido Trade Show

Oculus Limited will be participating in Mido, the International Optics, Optometry and Ophthalmology Exhibition, to be held in Milan, Italy from 5-8 May. Mido is the largest trade show for the global optical industry.

Oculus has earlier reported a return to profitability for its recently completed fiscal year ended 31December 2005 through a successful focus on the growing global color lens market. The Group has been increasing its investment in color lens innovation, resulting in introduction
of two new colors - Groovy Green and Perky Brown, and the launch in 2005 of its new patent-pending product, FreshKon® Alluring Eyes, which addresses a new segment of the market, targeting consumers who desire bigger and brighter eyes.

Oculus Limited is focused on the innovation, manufacture and marketing of color lenses principally under the FreshKon® brand. [+]

Sinomem Welcomes Mr Heckmann And Mr Lin Yong Bin To Join Senior Management Team

Sinomem Technology Ltd has appointed Mr. Hans Joerg Heckmann as Vice President of Sinomem and the General Manager of Microdyn-Nadir (Xiamen) Co. Ltd. effective from 3 April, 2006. Mr. Heckmann is in charge of the group's development and manufacturing of advanced membrane materials and Microdyn-Nadir China's operation as well as Microdyn-Nadir GmbH's sales and marketing activities in Asia Pacific region.

Sinomem has also appointed Mr. Lin Yong Bin as Vice President of Sinomem and the General Manager of Jiangxi New Reyphon Biochemical Co. Ltd. effective from 3 April 2006. Mr. Lin, 42, a PRC national, obtained his Bachelor degree from Shenyang Pharmaceutical University in 1985, is in charge of the group's nutriceutical products division with responsibility for overall operation that includes R&D, production, sales and marketing, and finance.

Sinomem Technology Limited provide integrated process and engineering solutions for separation, purification and cleaner production purposes for their customers in diverse industries through the use of its proprietary advanced membrane technology. [+]


CEO's Walk The Talk

"..We will continue to add new principals with established branded products that further our goal of top-line growth that translates efficiently into enhanced operational bottom-line earnings-the ultimate reward for our shareholders..."
Tan Boon Yong, Eric
Executive Chairman and CEO
JEL Corporation (Holdings) Ltd.

Highlighted Company

Tat Hong was set up in Singapore in the '70s as a supplier of cranes and heavy equipment. Over the years, we have grown and progressed to become one of the biggest companies in the region supplying cranes and heavy equipment to the industries. Tat Hong is currently listed on the Singapore and Australia stock exchange and employs about 700 staff.

In the annual survey conducted by UK based publisher "International Cranes", we are ranked the world's 2nd largest crawler cranes owner and the 9th largest crane rental company in the year 2003 and 2004. In Asia, we are ranked 2nd largest in 2003 and 2004.

Over the past three decades, we have expanded our operations to Malaysia, Hong Kong, Thailand, Indonesia, Australia, China, Japan and Vietnam allowing us to bring our services closer and more effectively to our customers.

Coupling this relentless attitude with our fleet of about 500 strong cranes of lifting capacities ranging from 7 to 800 tons, our men and machine combination is ever ready to work in perfect unison to give you the best lifting solution conceivable anywhere.

Through constant upgrading of our workforce and our machines, we strive to maintain our market leader position, and continue to bring cost effective and practical lifting solutions to our customers!

Historical Price Data
 Date Open High Low Close
 07 Apr 2006
 06 Apr 2006 0.890 0.895 0.890 0.895
 05 Apr 2006 0.890 0.890 0.885 0.890
 04 Apr 2006 0.895 0.905 0.880 0.885
 03 Apr 2006 0.870 0.895 0.870 0.895

EPS ($) *
NAV ($) **
Dividend ($) ****
Price / NAV **
Dividend Yield (%) ****
Market Cap (M)
Par Value ($)
SGD 0.200
Issued & Paid-up Shares ***
52 Weeks High
52 Weeks Low
* Based on latest Full Year Results Announcement
** Based on latest Results Announcement (Full Year, Half Year or Interim)
*** Rounded to the nearest thousand. Updated on 13/02/2006. Please click here for more information.
**** Dividend is based on latest Full Year Results Announcement and excludes special dividend

30 Mar 2006 Disposal Of Myanmar Tat Hong Limited
29 Mar 2006 Disposal Of Myanmar Tat Hong Limited
27 Mar 2006 Joint Venture With KS Energy Services Limited
13 Feb 2006 3rd Quarter Results For FY2006 - Presentation
13 Feb 2006 Third Quarter Financial Statement And Dividend Announcement

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