The wholly owned subsidiary of Zhongguo Powerplus Industries Limited, Linyi Sanhe Yongjia Power Co., Ltd, had successfully participated in the Spoga & Gafa 2006 exhibition in Cologne, Germany held in early September 2006. This exhibition is considered to be one of the world's leading trade fair for the garden and leisure market and is held annually in Germany.
During the exhibition, the management team had received an indicative order for approximately 116,000 units of power tools products. These products are expected to be delivered over the next 12 months commencing from the month of October 2006. The customers are located mainly in the European region.
Zhongguo Powerplus Industries Limited is principally engaged in the design, production and sale of portable power tools including gasoline engines, mist duster and brush cutter. [+]
Noble Group was named as world challenger to the world's leading blue chip companies in the S&P Global Challengers List. Included in the list are Sino Land, TPV Technology, and Techtronic Industries.
Designated the S&P Global Challengers, the list comprises publicly traded companies that show the highest growth characteristics along dimensions encompassing intrinsic and extrinsic growth.
Noble Group Limited is a market leader in managing the global supply chain of agricultural, industrial and energy products. [+]
CNA Group Ltd. has been awarded a US$6.5 million project to design and build a customised Airport Special System for the Very Important Persons Terminal of the New Doha International Airport to be built in Qatar. It is CNA's second project in the Middle East since expanding into the region less than six months ago.
The contract to build the Emiri (Royal) Terminal section of the NDIA was jointly secured with the Group's long-standing partner, Takenaka Corporation, a global leader in the architecture and construction industry, with CNA responsible for handling the relevant control and automation sub-systems. Takenaka is actively involved in the development of airports throughout the world.
CNA Group Ltd. is an award-winning specialist in the provision, design, implementation and maintenance of advanced integrated control and automation systems and IT solutions that enable intelligent buildings and facilities. [+]
Global Voice Group has launched and gone live with 3,000 square meters of premium datacenter co-location space in Amsterdam. This new Amsterdam datacenter further complements Global Voice's metropolitan fiber networks in Amsterdam, Rotterdam, Den Haag and Utrecht, and its long-haul network connecting The Netherlands with the largest economies in Europe.
Constructed in 2000, this state of the art datacenter currently consists of 3,000 meters of technical co-location/hosting space, is expandable to 6,000 square meters, and adds to the existing datacenter space already operated by Global Voice in Dublin and Frankfurt. With 12 mega watts of available power, Global Voice's Amsterdam Datacenter delivers exceptional high-power density, translating into maximum computing capability per square meter for Global Voice co-location customers.
Global Voice Group Limited owns and operates Europe's highest capacity fiber network and provides mission critical communication infrastructure and services to large corporates, carriers, and service providers. [+]
Natural Cool Holdings Limited has increased its investment in its wholly-owned subsidiary, Natural Cool Investments Pte. Ltd. in that it has subscribed for and was allotted an additional 199,999 shares in the capital of NCI for cash consideration of S$199,999.00. Following the subscription, the issued and paid up capital of NCI is increased from S$1.00 to S$200,000.00.
Natural Cool Holdings is Singapore's leading air-conditioning and switchgear specialist, and the only company with this combined expertise listed on the Singapore Exchange. [+]
In a move that signals the global character of the fast-growing clean-fuels market, Fabrizio Zichichi has been named to the Ethanol Committee of The New York Board of Trade's Board of Governors. Zichichi is a senior executive of Noble Americas Corp., a unit of global supply chain manager Noble Group.
Noble Group Limited is a market leader in managing the global supply chain of agricultural, industrial and energy products. [+]
M.E. Development L.L.C. a leading real estate developer in the Middle East with headquarters in Dubai, has signed an agreement to take up a majority stake in Hitchins Group Ltd.
The corporate exercise, when completed, would raise in excess of SGD 19.0 million for the Company. It is proposed that the Company be renamed "M.E.D Singapore Limited," or such other name as may be agreed between MED and the Company.
Hitchins' core business is providing integrated solutions for the waterproofing and protection of building and concrete structures. [+]
• Obtained approval from the State Development and Reform Commission of the People's Republic of China.
• JV Company to include Sanpower Group Co., Ltd in place of Nanjing Metro Co., Ltd.
• Changes JV Company name to Nanjing SR Puzhen Rail Transport Co., Ltd.
Midas is a leading manufacturer of aluminium alloy extrusion products and polyethylene pipes, primarily for the infrastructure and transportation industries in the PRC. [+]
 
KS Energy Services Limited will establish a 50:50 joint venture with Sinwa Limited, to acquire and subsequently charter a new self-propelled offshore jack-up rig to a Central American based national oil company for use in the Gulf of Mexico. This is the second new self-propelled offshore jack-up rig to be chartered to this client.
The value of the charter contract is approximately US$109.5 million over 5 years, comprising an initial fixed term of 3 years with an option to extend for another 2 years. At the end of the charter, the JV as owner of the Rig will be able to re-deploy the asset for other operations.
The JV will have an initial paid up capital of US$500,000 and the total project cost will be funded by a combination of equity, shareholders' loans as well as bank borrowings. KS Energy will play a key role in the construction, installation, commissioning, supervision and the subsequent management of the Rig. For these services, KS Energy will be entitled to an annual management fee from the JV. Both KS Energy and Sinwa intend to supply parts and other procurement services to support the Rig operations.
KS Energy is an energy services group catering to the oil & gas and petrochemical industries around the world.
Sinwa Limited is a regional marine supply and logistics company servicing the marine and offshore industry in Singapore, the PRC and Australia. [+]
Singapore Computer Systems Limited has been awarded a contract by Parkway Group Healthcare to implement SCS' integrated Hospital Information System for the Shanghai Gleneagles Medical and Surgical Centre.
Gleneagles Shanghai is Parkway's first medical centre in China and is a joint venture with Huashan Hospital, a leading local hospital. Gleneagles Shanghai will be a premium international medical and surgical centre with the latest medical technology, and top international and local medical professionals.
SCS will design and implement a web-based dual-language iHIS solution for Gleneagles Shanghai. This project involves the development and setting up of a full range of solutions for Inpatient and Outpatient management, as well as Electronic Medical Records management.
Singapore Computer Systems is a leading information and communications technology service provider in Asia. [+]
Wholly-owned subsidiary, Swissco Offshore Pte Ltd, has placed an order for a new 40m anchor handling supply vessel.
Swissco has awarded the contract to a Chinese Shipyard in Guangzhou, PRC. This is the 12th contract awarded to this Chinese Shipyard and is the 4th vessel of a similar design. The vessel is scheduled for delivery in 2nd half of FY07.
Swissco is one of the leading operators of a young and modern fleet of offshore support vessels, providing marine services to the shipping and offshore oil and gas industries. [+]
Aztech Systems Ltd has won the Most Transparent Company Award - SESDAQ category, at the Securities Investors Association of Singapore Investors' Choice Award 2006.
Nominated by analysts, fund managers, financial journalists and retail investors represented by SIAS, the award win is attributed to Aztech's continual aggressive approach to improve transparency in its corporate governance and business activities.
Aztech Systems Ltd is a multi-national company providing OEM/ODM design and manufacturing services, contract manufacturing and retail distribution. [+] |
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A-REIT will undertake the development of a partial build-to-suit business park building at Plot 15 Changi Business Park with Rohde & Schwarz Singapore Pte Ltd as the anchor tenant. The proposed development is expected to cost about S$28.6 million.
Located in the eastern part of Singapore and within the Changi Business Park, the property under development is within walking distance to the Expo MRT station and is in close proximity to the Singapore Expo and Singapore Changi Airport. It is easily accessible via the Pan Island Expressway and East Coast Parkway; and a 15-minute drive to the Central Business District.
Sited on a land area of 7,779 sqm, the proposed Property will be a seven-storey business park building with 144 basement car park lots. The land will be held on a 60-year lease commencing 1 November 2006 with an option to renew for 30 years.
A-REIT is the first business space and light industrial real estate investment trust listed on the SGX-ST. [+]
Oniontech Co., Ltd has acquired 8,570 shares, representing 28.6% of the shareholding interest, in Convergence Square Co.,Ltd for KRW299,950,000.
Convergence Square Co.,Ltd is a company incorporated in Korea with an authorized share capital of KRW200,000,000 and a paid up share capital of KRW5,000. Convergence Square Co.,Ltd is a GPS navigation software solutions and contents provider with its main navigation brand of "CongNavi". OT Korea expects to generate benefits from cooperation with Convergence Square Co., Ltd through its network platform technology as well as contents distribution channels in the multimedia portable devices market.
Oniontech Limited is a provider of software solutions and content-related services for value added services in mobile telecommunications. [+]
COSCO Corporation (Singapore) Limited 51%-owned subsidiary, COSCO Shipyard Group has secured a contract from MPF Corporation Limited, to build the hull of a Floating, Drilling, Processing, Storage and Offloading Vessel. The contract is valued at US$120 million.
The vessel, which combines drilling, production and storage facilities is the largest and most versatile drill ship ever built. It is designed for multifunctional use in ultra-deep waters.
COSCO Corporation is a diversified group with core activities in shipping and shipping related services. [+]
Natural Cool Holdings Limited has increased its investment in its wholly-owned subsidiary, Naco Environmental and Engineering Pte. Ltd in that it has subscribed for and was allotted an additional 199,999 shares in the capital of Naco for cash consideration of S$199,999.00. Following the subscription, the issued and paid up capital of Naco is increased from S$1.00 to S$200,000.00.
Natural Cool Holdings is Singapore's leading air-conditioning and switchgear specialist, and the only company with this combined expertise listed on the Singapore Exchange. [+]
STAR Pharmaceutical Limited is proposing to issue 66,668,000 new redeemable convertible cumulative shares at a subscription price of S$0.60 for each RCPS. This is approximately 28.5% of the Company's existing issued share capital. Net proceeds are estimated to be S$38.0 million.
PrimePartners Corporate Finance Pte. Ltd. has been appointed as the issue manager and sub-placement agent for the Issue while DMG & Partners Securities Pte. Ltd. will be appointed as the placement agent. PPCF shall give the investors and/or funds managed by, affiliated with or arranged by CK Capital Management Pte Ltd the first right to subscribe for S$20 million of the RCPS Issue.
The RCPS are convertible to 66,668,000 ordinary shares at a conversion ratio of 1 RCPS to 1 Conversion Share at any time during the 5-year period from the issue date to the maturity date. A preference dividend of 5% will be payable on an annual basis to the RCPS holders.
STAR Pharmaceutical Limited is specialised in the manufacture and sale of both western and TCM-formulated prescription drugs. The Group's manufacturing facility is based in Qionghai City in the People's Republic of China. [+]
Trek 2000 International Ltd is working in conjunction with Microsoft's SME Business Plus program to establish a new marketing platform to differentiate and enhance Trek's intellectually protected solutions.
Trek has developed the ThumbDrive™ Mini with AES. This solution allows users to encrypt all files on the drive with the Advanced Encryption Standard technology, an encryption standard that is adopted by the US government.
This particular range of ThumbDrive USB Flash Drives is offered in conjunction with Microsoft's SME Business Plus program, a program designed to provide more value to small and medium enterprises using genuine Microsoft® software. These drives will be pre-loaded with useful Microsoft® software and business document templates.
Trek 2000 International Ltd, 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 industry. [+]
Quantum Automation Pte Ltd, a subsidiary of the Company, has incorporated a 51% owned subsidiary, Blue Tree EMS Pte Ltd.
Blue Tree EMS is incorporated in Singapore with a paid-up capital of S$100,000 to undertake the research and development, manufacturing and distribution of electronic components.
The above investment in Blue Tree EMS is in line with the Group's expansion strategy and would complement and enhance QA's scope of products and services.
SMB United Limited is a leader in providing quality products and solutions for the switchgear, electric utilities, power quality, energy monitoring and building services markets. [+]
Food Empire has incorporated the following wholly owned subsidiaries, Pavo Holding Limited, Lovena Limited, F.E Production Ltd and Delta Future. The incorporation of the subsidiaries is for the purpose of establishing and supporting the Company's operations in Ukraine.
Food Empire Holdings is a leading food and beverage company that manufactures and markets instant beverage products, frozen convenience food and confectionery. [+]
Trek 2000 International Ltd has received patents and trademark approvals in India and China for its patents. The awarding of these patents affirms Trek's status as the innovator of the USB portable storage device solution.
These latest developments will mean that Trek will now have the ability to enforce the intellectual property rights over its ThumbDrive® solutions in both these countries. The high economic growth in both China and India will open up large market opportunities for Trek. Most importantly, the high proliferation of IT usage in both China and India will also translate into potentially high consumer demand for the ThumbDrive® solutions.
Trek 2000 International Ltd, 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 industry. [+]
A-REIT has signed a put and call option agreement to acquire a building under development located at Pioneer Walk in Jurong Industrial Estate, from Goldin Enterprises Pte Ltd for a purchase price of S$22.5 million. The Property will only be acquired after Goldin completes the construction of the Property and all conditions precedent are met which include fulfillment of the fixed investment criteria by Goldin and approval from JTC Corporation for the transfer of the land lease.
The acquisition of the Property will be accretive to A-REIT's distributable income per unit and the annualised pro forma financial effect of the acquisition on the DPU for the financial year ended 31 March 2006 would be an additional 0.05 cents per unit.
The Property which is located at Pioneer Walk in Jurong Industrial Estate will be a two-storey ramp-up warehouse with adjoining office and 40 car park lots, and container depot. It is expected to have a gross floor area of 20,000 sqm, and is situated on a land area of 25,000 sqm. The land is on leasehold title of 30 years which started on 1 May 2006.
A-REIT is Singapore's first listed business space and industrial real estate investment trust. [+]
"..We're excited by the large potential offered through this venture with MED that will strategically strengthen the Hitchins Group's position in the Middle East, adding to our current operations out of Singapore as well as the PRC..."
Mr Michael Wong
Managing Director
Hitchins Group
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