21 August 2006      
Volume `000 
Weekly movement as at 18 August 2006
 Bukit Sem
 Jardine C&C
Weekly movement as at 18 August 2006

OCBC: 1H FY06 Net Profit Up 85% To $1.11 Billion
1H FY06 Net Profit Up 36.1% To $86.1 Million
Hong Leong: 2Q FY06 Net Profit Up 17% To $22.3 Million
Robinson: Payout $1.24 Dividend A Share Totalling $106.56 Million

Yanlord: 1H FY06 Net Profit Up 1239.9% To $84.2 Million
CWT: To Build $8 Million, 19,000 Sq M Warehouse In China
CCT: Offering 389.5 Million New Shares At $1.68 Each
Sincere Watch: Appoints S.Chandra Das And Teng Chee Kiong As
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HOT Off The Press

DMX Secures US$1.4 Million Contract To Digitize Real-Estate System In Shanghai

DMX Technologies Group Limited has secured a US$1.4 million contract from Shanghai Real-Estate Transaction, an subordinate institution of Shanghai Municipal Government.

DMX will design and implement a new platform to support the digitization plan of the Center, which is responsible for the management of real-estate transactions including transfer, leasing, mortgage, inherit and evaluation under the Government of Shanghai.

Upon completion, the platform will convert real-estate certifications and ID certifications of the owners into digital format and then stored for data processing and query. DMX is also responsible for providing the necessary technical support and services to the Center.

DMX Technologies Group Limited is a new breed of system architects in Asia. [+]

ArianeCorp Proposed Acquisition Of The Entire Share Capital Of CarrierNet Corp Ltd

ArianeCorp Limited has entered into a conditional sale and purchase agreement to acquire the entire share capital of CarrierNet Corp Ltd, a company incorporated in Hong Kong, from Mr. Henry Chow Tat Ming and Mdm. Lau Man Hung. Upon the successful completion of the Agreement, CarrierNet Corp Ltd will be a wholly owned subsidiary of the Company. The aggregate consideration for the Proposed Acquisition is S$15,600,000.

The CarrierNet Group is engaged in the business of providing products and services related to wholesale and retail telephony as well as Voice over Internet Protocol telephony. The CarrierNet Group operates in countries such as Hong Kong, China, India, Indonesia, Philippines, Pakistan, India, Bangladesh, Vietnam and Australia.

ArianeCorp Limited is principally involved in the operation of an 11,119km two-core high bandwidth fibre optic network covering 13 provinces and all principal cities in rapidly growing eastern China. [+]

SCS Appoints Edison Foo Meng Keat As New Executive Vice-President, Enterprise Risk Management

Singapore Computer Systems Limited has appointed Mr Edison Foo Meng Keat, 44, as its new Executive Vice-President, Enterprise Risk Management.

Mr Foo, a lawyer by training, is responsible for the overall enterprise risk management of the SCS Group, which encompasses operational risks and strategic risks. The corporate functions under his charge include the legal, business excellence, and risk and review management functions. In this role, he focuses on establishing best practices for bid and project management, legal and compliance management, and pursuing world-recognised certifications. He will also be involved in the valuation, protection and management of SCS' intellectual property in Singapore and overseas.

Mr Foo was previously the Chief Executive Officer, co-founder and director of Alex, Edison & Bridge Pte Ltd, a company based in Singapore and established in late 2002 to provide intellectual property strategic planning, valuation, development, management and commercialisation consulting services. He defined the business strategy, established the client base and worked on several projects that range from intellectual property audit to valuation and commercialisation of technology.

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

Memory Devices Record Quarterly Revenue Of US$77m; Net Profit Up 82% YOY To US$3m In 2Q06

Memory Devices Limited announced a second quarter with a record quarterly revenue of US$77 million, up 151% year-on-year and 82% to a US$3 million net profit.

The 1H06 sales doubled to $142 million and net profit was up 63% to $6 million yoy. MDL posted a significant leap in net cash from operations at US$8.5 million against 1H05's US$0.6 million due to higher profit contribution and better working capital management. With the improved cash flow generation, MDL repaid US$1.8 million of its debt in 1H06. Its balance sheet remains sound with borrowings of just under US$9 million and net cash of US$3.1 million at end-June.

Memory Devices Limited was established in 2001 to engage in the research and development, manufacture and sale of solid state memory storage products for use in personal computers, laptops, servers, and networks as well as a wide array of consumer electronics, industrial, and communications applications. [+]

Jurong Technologies' 2Q06 Net Profit Rises 12.2% To $17.2 Million; Expects Increased Contributions From New Customers And Product Segments In 2H06

Jurong Technologies Industrial Corpn. Ltd Group net profit rose 12.2% to $17.2 million in 2Q06 from $15.3 million in 2Q05 on the back of revenue of $249.2 million and $433.0 million, respectively. The decline in revenue was due largely to the transition of certain wireless programmes from turnkey to consignment basis.

Basic Earnings Per Share for 2Q06 rose to 3.92 cents from 3.42 cents for 2Q05. Net Asset Value backing per share as at 30 June 2006 was 42.90 cents, up 11.7% from 38.39 cents as at 30 June 2005.

The Directors have proposed an interim dividend of 2.0 cents per ordinary share.

Jurong Technologies is a leading regional provider of Electronics Manufacturing Services solutions. [+]

Dough Rises At BreadTalk: Net Profit Soars Nearly 4-Fold To $1.9 Million On Broad-Based Sales Growth

•  Group achieved strong half-yearly revenue and net profit growth on successful expansion drive.

•  Group revenue rose 32.1% to $55.9 million lifted by broad-based growth across all business segments supported by sound branding strategies and focused expansion.

•  Net profit jumped nearly 4-fold to $1.9 million in 1H06, surpassing the $1.0 million posted by the Group for the whole of FY2005.

BreadTalk Group Limited owns and operates 44 bakery outlets in Singapore, the PRC and Thailand as of June 06. [+]

JEL Reports All-Time Record Sales & Profits

•  Half-Year Revenue rises 106% to S$179m.

•  Half-Year Net Earnings up 308% to S$4.1m.

•  Broad Based Growth Across All Key Emerging Markets.

•  JEL Moves Into Luxury Watch Market in IndoChina.

JEL Corporation (Holdings) Ltd. is an established distributor of fast-moving consumer goods, Consumer Electronic, IT, Photographic, mobile telecommunications devices products and Timepieces, with distribution networks spanning many emerging markets in Africa, Asia, the Middle East and the Americas. [+]

Sunshine Q2 FY2006 Net Profit Up 35%

•  "Sold & Completed" income recognition will boost performance in 2nd half 2006.

•  Income contribution expected from 4 development projects in 2nd half 2006.

•  Total land bank exceeding 1 million sq m in GFA to benefit FY2007 and FY2008.

Sunshine Holdings is an award-winning cluster estate developer as well as developer of mass residential and commercial properties in selected key cities which are at the budding stage of development with strong urbanization and resettlement potential in the Henan Province of the PRC. [+]

China Petrotech Records 65% Increase In Second Quarter Earnings To RMB12.5 Million

China Petrotech Holdings Limited posted a significant 65.0% increase in net profit attributable to equity holders of the Company to
RMB 12.5 million in the second quarter of 2006 compared with the second quarter of 2005. EPS for 2Q2006 was 5.09 RMB cents compared with 3.65 RMB cents in 1Q2006 and 3.09 RMB cents in 2Q2005. The group has proposed an interim tax-exempt (one-tier) dividend of one Singapore cent per ordinary share.

In 2Q2006, group revenue rose 66.4% to RMB 22.3 million, buoyed by contributions from oilfield services which continued to grow. Oilfield services from logging, core sample scanning and digitization of old drawings accounted for approximately 85% or RMB 18.9 million of total group revenue. Revenue from software and software-related services fell 40% to RMB 3.4 million following the group's strategic shift to oilfield services which provides a greater level of recurrent income.

China Petrotech Holdings Limited is a leading technology-based upstream oilfield services company providing services such as technical advisory, E & P project management as well as specialized oil and gas software solutions. [+]

Newly Listed Education Management Services Provider Oriental Century Records 20.9% Growth In 1H06 Revenue To RMB 31.6 Million

Oriental Century Limited revenue for the six months ended 30 June 2006 rose 20.9% to RMB 31.6 million from RMB 26.2 million in 1H05, on the back of higher management and school fees from the schools that it manages or had invested in.

With higher revenue, the Group's profit before tax rose 16.5% to RMB 17.6 million in 1H06 from RMB 15.1 million in 1H05. Net profit attributable to shareholders rose marginally to RMB 15.6 million in 1H06 compared to RMB 15.1 million in 1H05 due to higher tax expenses. In 1H06, the Group incurred RMB 2.1 million in tax expenses, comprising current tax of RMB 0.6 million for Nanchang No.3-Oriental Pearl High School and RMB 1.5 million for the Group's subsidiary, Oriental Dragon Management, due to the expiry of its tax exemption period.

Oriental Century Limited and its subsidiaries are principally engaged in the provision of education management services to educational institutions in the People's Republic of China. [+]

Enviro-Hub's Interim Net Profit Surges 558% To S$5.9 Million

Enviro-Hub Holdings Ltd reported a sterling set of results for the six months ended June 30, 2006. The Group posted a 558% gain in its net profit to S$5.9 million from the S$0.9 million recorded in the previous corresponding period. This was on the back of a 404% surge in turnover to S$41.0 million in 1HFY06, compared to S$8.1 million in 1HFY05.

Earnings Per Share for 1HFY06 grew by 165% to 1.06 SGD cents, supported by solid revenue growth and the improvement in gross margins. Net Asset Value Per Share was 19.11 SGD cents as at June 30, 2006.

Enviro-Hub Holdings Limited is one of the largest providers of Total Environmental Management Solutions & Services for the global Electrical & Electronic Equipment industries. [+]

TeleChoice Announces Launch Of SunPage Budget Roaming And SunPage Budget CallHome

TeleChoice International Limited launches two new call services, SunPage Budget Roaming and SunPage Budget CallHome, through its Telecommunications Services subsidiary NexWave Telecoms Pte Ltd or ST SunPage Pte Ltd.

These innovative, value-added telecommunications services, which are branded and marketed under the popular and well-recognised "SunPage" suite of call services and solutions, allow Singapore mobile phone subscribers to enjoy cost savings of up to 90% on their roaming charges.

To sign-up for SunPage's Budget Roaming and Budget CallHome services, please call SunPage's registration hotline at Tel: 6483 3333 or visit our website www.SunPage.com.sg. Customers can also sign-up for these services at SunPage's retail outlet at Plaza Singapura (68 Orchard Road, #B2-27).

TeleChoice International Limited is a leading regional provider of telecommunications services and solutions. [+]

ASL Marine All Set For Growth With Operation Of 150,000dwt Graving Drydock

ASL Marine Holdings Ltd. is pleased to announce the completion and operation of its 150,000 dead weight tons graving drydock in Batam. The graving drydock, measuring 260M x 60M x 11M in size, is capable of accommodating larger vessels up to Capesize, Aframax tankers, container ships and bulk carriers.

The completion of the graving drydock reinforces the optimism of the management as it is expected to contribute positively to the Group's future income stream.

ASL Marine Holdings Ltd. is a fast-growing and dynamic marine company. [+]

Lorenzo's 1HFY2006 Interim Revenue Increases 14.5% To S$34.2 Million

•  Growth in revenue contributed by both retail and export business segments.

•  Gross profit margin improves to 37.7%.

•  Drives to expand footprint - 8 additional new outlets in 1HFY2006 compared to 1HFY2005.

•  Net profit of S$1.3 million.

Lorenzo International Limited is an integrated lifestyle furniture group involved in the design, manufacture, assembly, wholesale and retail of conceptualised lifestyle furniture. [+]

ArianeCorp: MOU By CarrierNet Corp Ltd With SinoSat Communications Company Hong Kong Ltd.

CarrierNet Ltd has on 16 August 2006 entered into a Memorandum of Understanding with Sino Satellite Communications Company Hong Kong Ltd. The MOU is for both parties to jointly develop the Pan Asian telecommunications markets.

CarrierNet is an established independent VoIP telecommunications operator headquartered in Hong Kong. SinoSat. is a fixed satellite communications company, offering satellite bandwidth and integrated solutions for video, Internet, data and voice communications services to a range of broadcasters, ISPs, network integrators, telecommunications companies, enterprises and government entities around the Asia-Pacific region.

ArianeCorp Limited is principally involves in the operation of an 11,119km two-core high bandwidth fibre optic network covering 13 provinces and all principal cities in rapidly growing eastern China. [+]

Soilbuild On Track In Developing Its Recurrent Income Stream

Soilbuild Group Holdings Ltd has expanded its growing portfolio of niche industrial properties by signing an option to purchase a 15,765 square metres site at 34 Penjuru Lane. It signed the option to purchase the site from Scandinavia Warehouses Pte Ltd for S$2.2 million. The lease is for a period of 30 years, commencing on 16 August 2002.

The site at Penjuru Lane has a plot ratio of 2.5 and a maximum gross floor area of 39,413 square metres. It is zoned for warehousing of consumer products and chemicals. With its close proximity to Jurong Island, Jurong Port and the Tuas Checkpoint, tenants will not only enjoy easy access to the major arterial Ayer Rajah and Pan Island Expressways, but also be able to use the site as a base to support businesses at Jurong Island and Jurong Port.

Soilbuild is a boutique developer of prime residential properties and a niche player in the commercial and industrial property segment. [+]

ThaiBev: International Beverage Holdings, Ltd. Appoints John Lennon To Lead New U.S. Regional Headquarters

Beverage industry veteran, John Lennon, will join International Beverage Holdings, Ltd as President of its new U.S. Regional Headquarters. The new venture, called InterBev USA Inc, will be based in New York City and charged with developing the company's diverse international portfolio of branded Asian spirits and beer throughout North America.

Lennon brings over 20 years' experience in the beverage industry to his new role. Prior to joining InterBev USA Inc, Lennon was President and CEO of Seattle-based Pyramid Breweries, Inc. Before that he was President and CEO of Beck's North America and VP and General Manager of Guinness Caribbean and Latin America. He has previous experience in various senior marketing and sales roles with Mexico's FEMSA Cerveza, All Brand Importers and with Guinness in both the USA and Ireland.

Thai Beverage is the leading producer of beer and spirits in Thailand by sales revenue and production volume, and one of the leading brewers and distillers in Southeast Asia. [+]

The Proposed Acquisition By Advance SCT Limited Of The Business And Assets Of Green World Holdings Ltd, Comprised In GW's Three Operating Subsidiaries

Advance SCT Limited will be acquiring the entire issued and paid up share capital of Tsing Yi Enterprises Pte Ltd, Seah Metal Industries Pte Ltd and Tsingtech Recycling Pte Ltd, which are wholly-owned subsidiaries of Green World.

The GW Operating Subsidiaries are the 3 subsidiaries through which the entire current businesses of GW are conducted. Upon completion of the sale of the GW Operating Subsidiaries to ASCT, GW will have no residual businesses. The ASCT group will continue developing and expanding its core businesses, including that of the GW Operating Subsidiaries.

Advance SCT Limited is a leading provider of independent PCB testing services with an established customer base of approximately 40 customers, which includes PCB manufacturers in Singapore, Malaysia, Taiwan and the PRC. [+]

Advanced Gets Nod For Biodiesel Project In Malaysia

Wholly-owned subsidiary, Advanced Biofuel Technologies Sdn Bhd, has obtained approval for a manufacturing license from Malaysia's Ministry of International Trade and Industry to develop a biodiesel project in Kuantan, Pahang, Malaysia.

Following the tabling of the Biofuel Bill to the Parliament in June 2006, Malaysia is set to make the switch from petrol-based diesel to biodiesel blends to be made mandatory in 2008.

Advanced Holdings Ltd. is a specialist company which designs and supplies process equipment to cater to the different needs of its customers in the chemical and petrochemical, oil and gas, power generation and micro-electronics industries. [+]

Olam Signs A Letter Of Intent To Acquire The Coffee Processing Facilities of Taloca & Compania Limitada (TAB), A Subsidiary Of Kraft Foods International, In Colombia

Olam has signed a Letter Of Intent with Taloca & Cia Limitada, a subsidiary of Kraft Foods International, to acquire its green coffee processing unit in Colombia.

Colombia is the World's second largest producer of Arabica coffee with a share of between 15% and 17% of the World's Arabica market. It is therefore a key target origin in Olam's Arabica expansion plans. Colombia is also ranked no. 1 globally in the production of washed Arabica coffees.

Taloca & Cia Limitada has a processing capacity of 21,000 tons of processed green coffee per year. At full capacity, this facility will generate revenues of US$52 million at current prices. Olam intends to enhance this current capacity further to 30,000 tons with estimated revenues of US$74 million by making marginal additional capital investment in the next 2 years.

Olam is a leading global integrated supply chain manager of agricultural products and food ingredients. [+]


Trek 2000 Better Performance In The 1st Half Of FY2006

Trek 2000 International Limited announced higher profit margins amid relatively steady sales performance over the first six months of FY2006.

There was a marginal increase in Trek's turnover during the last six months of US$58.8, representing an increase of 4.3%, from US$56.4 million reported in the same period last financial year. The gross profit margin also rose from 5.9% to 7.3% during the period under review.

The Group's performance this half is attributable to the higher contributions from its licensing business and the stronger demand from both its OEM and ODM customers for its customized engineering solutions. Improved profit margins also brought Trek's net profit after tax from US$1.2 million to US$2.4 million in first six months of FY2006, representing an increase of approximately 97.6%.

Trek 2000 International Ltd is an industry leader, innovator and patent owner of the ThumbDrive® offers state-of-the-art design solutions ranging from portable storage devices, digital technology, wireless, and encryption to sophisticated Enterprise solutions all catering to the fast changing digital technology industry. [+]

Noble Group Appointment Of Michael Kiernan As Non-Executive Director Of Precious Metals Australia Ltd

Michael Kiernan brings to the board of PMA more than 30 years of experience in the transport, mining, contracting and resources industries including the development and operation of mining projects in manganese, iron ore nickel and gold.

Noble Group has previously announced entering into a strategic marketing and logistics agreement with PMA. Mr. Kiernan was previously Managing Director of Consolidated Minerals Limited and had a long association with Noble Resources Limited.

Mr. Kiernan is currently the Non-Executive Chairman of Monarch Gold Mining Company Limited and Mineral Resources Limited.

Noble Group Limited is a market leader in managing the global supply chain of agricultural, industrial and energy products. [+]

Meghmani 1Q Revenue Crosses Rs 1.0 Billion; Achieves Net Profit Of Rs 90.4 Million

Meghmani Organics Limited reported a healthy set of financial results for the three months ended 30 June 2006.

For the period under review, Group revenue reached a historic high of Rs 1.0 billion, an increase of 17.3% over Rs 864.8 million in 1Q FY06. Net profit improved 17.3% to Rs 90.4 million from Rs 77.0 million previously.

Based on the weighted average ordinary shares in issue during the period, earnings per share was Rs 0.45 as compared to Rs 0.38 previously whilst earnings per SDS was Rs 0.23 compared to Rs 0.19 a year ago. The Group's net asset value per share increased to Rs 12.80 as at 30 June 2006, from Rs 12.27 as at 31 March, 2006.

Meghmani is a manufacturer of pigments and pesticides. [+]

China Essence On Track For Expansion

China Essence Group Ltd. announced its performance for the three months ended 30 June 2006, continuing good growth momentum in revenue and profits.

Revenue climbed 32.4% this quarter to approximately RMB82.6 million, due largely to the increase in sales volume of potato starch-based products and enhancement of the sales mix to higher-value modified starch products. Correspondingly, gross profit improved by 34.4%, from RMB28.9 million in 1Q FY2006 to RMB38.9 million in 1Q FY2007, with overall gross profit margins increasing from 46.3% in 1Q FY2006 to 47.0% in 1Q FY2007.

Net profit for 1Q FY2007 saw a modest rise of 4.7% year-on-year, impacted largely by the expiration of the tax holiday enjoyed by one of its subsidiaries, Daqing Bigang. The effective tax rate increased from 15.9% for the three months ended 30 June 2005 to 33.1% this quarter.

China Essence is a leading integrated producer of potato starch and potato starch-based products such as vermicelli, starch strips and five-grain noodles in the PRC. [+]

Tat Hong's Net Profit Rises 40% To S$10.4 Million For Q1 FY2007

•  Turnover rose 8% to S$107.9 million.

•  Experienced strong demand for its higher capacity cranes.

•  Group continues to ride on growing capital spending on heavy equipment in the Middle East and energy resources exploration and production in the region.

•  Net Profit attributable to shareholders jumped 40% to S$10.4 million.

•  Earnings per share increased 38% to 2.25 cents.

•  Gross margins improved from 27.6% to 29.4%.

•  Strong balance sheet and working capital position.

Tat Hong is the largest crane company in the world in terms of quantity of crawler cranes and serves a diversified range of industries such as infrastructure, oil & gas, pharmaceutical and construction. [+]

Ezra Forays Into Australian Waters With Charter Contract Worth US$37m

EZRA Holdings Limited is tapping into the fast-growing offshore oil & gas support services sector in Australia with a 500-day term charter contract worth potentially up to US$37 million excluding extension options. The contract commences in November.

Ezra will supply two anchor handling, towing and supply vessels and a fast crew utility vessel, which will be built for S$4.9 million, excluding the cost of certain owner-furnished equipment. The crewboat, which can transport up to 80 persons, is expected to be delivered in

Ezra Holdings is an integrated solutions provider supporting the offshore oil & gas industry, mainly in South East Asia. [+]

Boustead Subsidiary Salcon To Lead Singapore Water Solutions Alliance In Middle East

Boustead Singapore Limited wholly-owned subsidiary, Salcon Pte Ltd has been selected as the Anchor Company to lead the Singapore Water Solutions Alliance which will pursue water and wastewater treatment opportunities in the Middle East.

The SWSA has been formed under IE Singapore's International Partners Programme and encourages the formation of alliances to bid for overseas projects. The SWSA is the sixth iPartners alliance formed to pursue opportunities in the Middle East and targets to capture a total project value of S$500 million by the end of 2009. The focus will be on countries in the Gulf Co-operation Council including Saudi Arabia, United Arab Emirates, Kuwait, Qatar and Oman, where there is an estimated US$3.1 billion worth of planned investments in water and wastewater projects in the next year.

Boustead is a progressive global Engineering Services & Geo-Spatial Technology Group. [+]

Adampak's Interim Net Profit Up 51%

Adampak Limited reported a 1H06 net profit growth of 51% to US$2.5 million on the back of a strong 25.7% revenue growth to US$15.2 million, compared to the previous corresponding period.

Earnings per share grew by 51.1% to 1.42 US cents, while the net asset value per ordinary share increased 8.8% to 12.95 US cents. Operating cash flow for the Group remained strong as net cash from operating activities increased 160% from US$1.0 million in 1H05 to US$2.6 million in 1H06. Cash and cash equivalents stood at US$5.0 million as of 30 Jun 2006.

Adampak Limited commenced operations as a label converter in 1979, producing customized labels for companies in the manufacturing industry in Singapore. [+]

Luzhou's Net Profit Jumps 123.6% To RMB51.6 Million For 1HFY2006

Luzhou Bio-chem Technology Limited reported a strong set of results for the half year ended June 30, 2006. The Group's profit after tax more than doubled or increased 123.6% from RMB23.1 million in 1HFY2005 to RMB51.6 million in 1HFY2006. This was achieved on the back of a 37.8% increase in revenue from RMB479.6 million to RMB661.0 million during the period under review.

For the 3 months ended June 30, 2006, Group revenue rose 36.4% from RMB267.6 million to RMB365.0 million. Profit after tax climbed 50.7% from RMB17.8 million in 2QFY2005 to RMB26.8 million in 2QFY2006.

Luzhou Bio-chem Technology Limited is a leading corn refiner and one of the largest producers of corn sweeteners in the PRC. [+]

ChinaCast's Second Quarter Revenue Increases 40% To RMB50.7m

ChinaCast Communication Holdings Limited announced significant increases in revenue for the 3 months and for the 6 months ended June 30, 2006.

Combined second quarter revenue of the Group and that of ChinaCast Co., Ltd and ChinaCast Li Xiang Co., Ltd amounted to RMB50.7M, growing 40% against the same period last year while combined 1H06 revenue grew by 43% to RMB101.3M. These results reflected the continued robust growth in China's education sector particularly in the provision of university and post-secondary distance learning services as well as the rollout of various large enterprise segment projects.

The group's largest revenue segment continues to be its University Distance Learning Solutions, which grew to RMB22.7M in 2Q06, a 49% increase over the same period last year. As of the end of the Spring Semester last quarter, a total of 117,700 students were enrolled in university/post-secondary degree courses using ChinaCast's distance learning platform.

ChinaCast provides e-learning services and content to educational institutions, government agencies and Fortune 500 enterprises. [+]

China Aviation Oil Reports 2Q 2006 Net Profits Of S$14.8 Million

Commissions earned by CAOT Pte Ltd, CAO's wholly-owned subsidiary for jet fuel procurement on an agency basis, contributed S$5.9 million to the gross profit in 2Q 2006, up 69% year-on-year and 12% over 1Q 2006. The Company commenced invoicing on principal basis during the second quarter amounting to S$87.4 million.

Jet fuel oil supplied in 2Q 2006 was approximately 1.14 million MT, an increase of 83% year-on-year and 26% over 1Q 2006. A total of approximately 2.06 million MT of jet fuel oil was supplied in 1H 2006, an increase of 69% over 1H 2005.

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

AsiaPharm 1H2006 Net Profit Grows Despite Regulatory Review Of China's Domestic Healthcare Sector; Gross Margins Continue To Rise

•  1H2006 net profit after tax and minority interest rises 2.8% year-on-year to RMB 41.1 million despite regulatory review of the PRC healthcare sector.

•  Sale of in-house drugs drives profit-margin growth; profit from operations up 8.6% as Group focuses on sale of own pharmaceutical drugs.

•  Steady pipeline of new products and acquisition of strategic targets will be key growth driver.

AsiaPharm Group Ltd is a leading specialty pharmaceutical group in the People's Republic of China focusing on the research and development, production and sale of natural drugs and drug delivery systems. [+]

Dubai's Depa Group Acquired A 16.79% Stake In Design Studio

Dubai's Depa Group of Companies now owns a 16.79 per cent stake in Design Studio through the acquisition of a total of 35,250,000 shares from Mr Jeremy Koh Kah Liam, Executive Director and Mr Edward Ho Kai Hon, a Non-Executive Director. Part of the shares to be acquired is held through BJE Holding Pte Ltd.

The Board of Directors of Design Studio welcomes Depa as a strategic shareholder and their investment distinctly reflect their confidence and trust in the Group's business and management philosophy.

Design Studio is Singapore's premier furniture manufacturer, product and interior fitting out specialist. [+]

Asia Env HY06 Net Profit Up 91.0%

Asia Environment Holdings Ltd recorded a 91.0% increase in net profit to RMB 23.6 million. This is a result of an 81.0% increase in revenue mainly due to an increase in turnkey revenue of RMB 69.0 million derived from turnkey services provided to the Nantong and Nanchang Build-operate-transfer projects.

Turnkey revenue and supply of pipes to Nantong BOT project contributed RMB 82.8 million to the Group's revenue, while turnkey revenue and equipment supply to Nanchang BOT project contributed RMB 30.4 million to the Group's revenue.

Asia Environment Holdings Ltd. is one of China's pioneers in the water and wastewater treatment industry with 20 years of experience. [+]

Midas Forms Strategic Alliance With Singapore Technologies & CSR Nanjing Puzhen

Midas Holdings Limited has signed a strategic collaboration agreement with three parties to mutually promote railway coaches and services in China and the international market.

The strategic collaboration agreement is signed between Singapore Technologies Electronics Limited, Singapore Technologies Kinetics Limited, CSR Nanjing Puzhen Rolling Stock Works and Midas.

CSR and Midas will promote ST Electronics' systems and solutions to their respective customers for use in CSR's railway coaches. ST Electronics will in turn promote CSR's railway coaches to its customers, and market and sell CSR's railway coaches outside China. In addition, CSR and Midas will grant ST Electronics a first right of refusal to provide maintenance services for CSR's railway coaches outside China. ST Kinetics will provide all support needed by ST Electronics for the maintenance services.

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

DMX Secures Contracts Worth US$1.3 Million From Anhui Telecom Company Limited

DMX Technologies Group Limited has secured two service contracts worth US$1.3 million to provide its Digital Infrastructure solution to Anhui Telecom Company Limited.

DMX will design and implement the IP backbone network for the Anhui Telecom's Next Generation Network, a network designed to converge all existing and future fixed line services. The backbone network comprises thirty-two high-end router nodes, interconnected with high-speed links, at eight key cities in Anhui Province, including Bangbu, Fuyang, Anqing, Huaibei, Liuan, Suzhou and Haozhou etc.

Upon completion, the NGN enables Anhui Telecom to deliver new value-added services such as video calls, number portability, unified messaging, IP Centrex, etc. to over 12 million fixed line subscribers.

DMX Technologies Group Limited is a new breed of system architects in Asia. [+]

Advanced SCT: Proposed Acquisition Of C.N.A Manufacturing Sdn Bhd And PNA Technologies Sdn Bhd By Green World Holdings Limited

Advance SCT Limited and Green World Holdings Limited had entered into a conditional sale and purchase agreement with C.N.A. Venture Holdings Sdn. Bhd. and PNA Technologies Holding Sdn. Bhd. whereby GW will acquire the current entire issued and paid-up share capital of C.N.A. Manufacturing Sdn. Bhd. and PNA Technologies Sdn. Bhd. for an aggregate purchase consideration of S$30,000,000.

Advance SCT Limited is a leading provider of independent PCB testing services with an established customer base of approximately 40 customers, which includes PCB manufacturers in Singapore, Malaysia, Taiwan and the PRC. [+]

Thai Beverage Appoints Head Of Investor Relations

Thai Beverage Public Company Limited has appointed Richard Jones as Head of Investor Relations. This appointment comes soon after its listing on 30 May 2006, emphasising its commitment to corporate transparency and disclosure to retail shareholders and institutional investors.

Richard Jones has been residing in Thailand for more than 20 years. For over 11 years, he worked for the Shin Group, Thailand's largest telecommunications conglomerate. After three years in Shinawatra International Plc, he moved to Thailand's national satellite operator, Shin Satellite Plc, where he worked in public relations and marketing communications before setting up the company's first investor relations department in 2000. In 2005, he became its head of corporate communications, a position he held until joining Thai Beverage in August 2006.

Thai Beverage is the leading producer of beer and spirits in Thailand and one of the leading brewers and distillers in Southeast Asia. [+]

TeleChoice To Appoint Andrew Loh As Group President With Effect From 1 Dec 2006

TeleChoice International Limited is to appoint Mr Andrew Loh as Group President, with effect from 1 Dec 2006.

Mr Loh, who is currently TeleChoice's Group Deputy President, has been overseeing TeleChoice's overall operations and regionalisation, with the Group's 3 business units, Distribution Services, Telecoms Services and Network Engineering Services reporting to him since Jun 2006. In Nov 2005, Mr Loh was appointed as TeleChoice's Senior Vice President (Distribution Services), with overall responsibility for managing, developing strategies, and identifying new market opportunities for TeleChoice's Distribution Services business.

Mr Loh was previously Senior Vice President, International Operations of Singapore Technologies Telemedia Pte Ltd, where he was responsible for the business integration of ST Telemedia's global investments and facilitated the augmentation of the operational synergies across ST Telemedia's operations to maximise shareholder value. Prior to joining ST Telemedia in Sep 2004, Mr Loh was at Carrier Corporation, a division of United Technologies Corporation, for over 20 years where he held several senior management positions in Singapore, Malaysia, the USA and Japan. His experience includes managing both sales and manufacturing operations, and he is very familiar with the markets of the Asia-Pacific region. Mr. Loh holds a Bachelor's degree in Engineering (Electrical) and an MBA.

TeleChoice International Limited is a regional diversified provider and enabler of innovative communications. [+]

LottVision Joint Venture With Bright Ally Investments Limited

LottVision Limited has entered into a shareholders' agreement dated 18th August 2006 with Bright Ally Investments Limited in relation to the establishment of a joint venture company, PAL Development Limited in Hong Kong. Bright Ally is a wholly-owned subsidiary of iAsia Solutions Limited.

Bright Ally shall procure the rights from iAsia Online Systems Limited to a proprietary software known as "Bet Exchange Engine" to PAL for related business opportunities in the Asian region and shall also procure that rights in connection with a potential project in the PRC to PAL.

MultiVision is engaged in the provision of outsourced security and IT-related services, such as video surveillance services, and the manufacture of special purpose devices, such as smart ID card devices and point-of-sale terminals. [+]

CEO's Walk The Talk

"..Despite the continued cost pressures presented by higher raw materials and crude oil prices, we managed to successfully pull in record revenues and respectable profits this quarter. This was achieved through strategic policies that Meghmani implemented in the past to lay the groundwork for future sustainable growth. Such policies included fostering strong ties with our customers as well as our tireless efforts in negotiating for better pricing with them..."
Mr Ashish Soparkar
Managing Director
Meghmani Organics Limited.

Highlighted Company

Advanced Holdings Ltd. is a specialist company which designs and supplies process equipment to cater to the different needs of its customers in the chemical and petrochemical, oil and gas, power generation and micro-electronics industries. Some of our major customers include China Petrochemical International Co., Ltd., CNCCC International Tendering Co., Ltd., China Petroleum Material and Equipment (Group) Corporation, Chinaoil Dalian International Trading Co., Ltd., Shanghai Coking & Chemical Co., Ltd., China Perfect Machinery Industry Corp., Ltd..

Process equipment are engineered devices and systems used in a wide range of industrial and laboratory applications for the proper, safe and efficient operation of process plants. Our Process Equipment includes odorant injection systems, chlorination systems, wellhead panels, process analyser systems and gas booster systems. Applications include process controls, measurement, analysis, monitoring and operations.

Historical Price Data
 Date Open High Low Close
 18 Aug 2006  0.375  0.420  0.370  0.415
 17 Aug 2006  0.370  0.375  0.355  0.355
 16 Aug 2006  0.355  0.380  0.355  0.365
 15 Aug 2006  0.360  0.360  0.345  0.350
 14 Aug 2006  0.375  0.375  0.355  0.355

Historial EPS ($) a
Rolling EPS ($) e
NAV ($) b
Historical PE
Rolling PE f
Price / NAV b
Dividend ($) d
52 Weeks High
Par Value ($)
Dividend Yield (%) d
52 Weeks Low
Market Cap (M)
Issued & Paid-up Shares c
a Based on latest Full Year Results Announcement
b Based on latest Results Announcement (Full Year, Half Year or Interim)
c Rounded to the nearest thousand. Updated on 07/08/2006. Please click here for more information.
d Dividend is based on latest Full Year Results Announcement and excludes special dividend
e Summation of the earnings from the latest 4 Quarter (or 2 Half Year) results announcement, adjusted for the current number of shares.
f Based on rolling EPS

18 Aug 2006 Advanced Gets Nod For Biodiesel Project In Malaysia
18 Aug 2006 Clarification On Press Release In Relation To Announcement Made On 18 August 2006
14 Aug 2006 Reply To SGX Query
07 Aug 2006 Half Year Financial Statement And Dividend Announcement
07 Aug 2006 Advanced Achieves 1H FY06 Net Profit Of $1.2M On Turnover Of $10.4M

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