Proceeds will be used to undertake new large-scale and complex turnkey projects; repay short-term bank loans.
Strong order book of RMB456.7m of which RMB366.7m will be recognised in FY2006; balance in FY2007.
IFC, the private sector arm of the World Bank Group, is a substantial shareholder in Epure, holding 10% of the Company's issued share capital immediately after listing.
Epure International Ltd. is one of the leading one-stop water and wastewater treatment solutions providers in the People's Republic of China. [+]
Biosensors' interventional technologies continue to receive positive response at the recent Complex Catheter Therapeutics 2006 convention, which was held from 20 September to 23 September 2006 in Kobe, Japan. The convention is an annual event held in Japan since 2000, where international cardiologists gather to discuss the latest developments in percutaneous coronary intervention as a treatment method for complex lesions.
On the final day of the conference, Dr. Kazuaki Mitsudo, Director of Cardiology of Kurashiki Central Hospital in Japan successfully implanted four of Biosensors' flagship BioMatrix® drug-eluting stents into a 61 year-old male patient with a long lesion. The procedure was transmitted via satellite to the Kobe International Exhibition Hall where the procedure was observed by participating cardiologists from around the world.
Biosensors develops, manufactures and markets innovative medical devices used in interventional cardiology and critical care procedures. [+]
RSH Holdings Pte Ltd, has increased its investment in Prasan Pte. Ltd., a wholly-owned subsidiary by applying for an additional 249,999 ordinary shares of S$1/- each. The purpose of the increase in investment is to meet working capital requirements of Prasan Pte. Ltd. The enlarged issued and paid-up capital of Prasan Pte. Ltd. will be S$250,000.
RSH Limited is currently the leading pan-Asian marketer, distributor and retailer of top international brand-names in sports, golf, active lifestyle and fashion products in 11 countries. [+]
China Milk Products Group should easily exceed its targets for the production of bull semen and cow embryos in fiscal 2007, according to its chief financial officer Martin Choi.
Rising affluence and a Chinese government campaign to encourage milk consumption are fuelling demand for dairy products in China and giving rise to a shortage of milk and cows.
China Milk Products Group Limited is the largest company specialising in the production of pedigree bull semen, pedigree dairy cow embryos and raw milk in the growing dairy industry in China. [+]
Technics Oil & Gas Limited wholly-owned subsidiary Technics Offshore Engineering Pte Ltd and Joint Operation, PT. Promatcon Tepatguna J.O have secured 3 EPCC contracts worth S$6.2 million for 4 units of gas compressor packages to major Oil & Gas clients in South East Asia.
Technics is a leading specialist engineering service provider, servicing the robust Oil & Gas industry. [+]
Celestial Nutrifoods Limited has entered into an
investment agreement with Daiki-Axis Co., Ltd. and Shanghai Nikki Environment System., Inc. to jointly set up a joint venture company to undertake bio-diesel production in the PRC.
Giant Fortune Company Limited has been incorporated in British Virgin Islands and it will set up a subsidiary in the PRC to carry out bio-diesel production. On commencement of bio-diesel production, Celestial will hold an 80% stake in Giant Fortune, with the remaining 20% to be held by Daiki-Axis or Shanghai Nikki.
The total investment for the project is approximately RMB526 million and will be used for the acquisition of land, plant and buildings, machinery and equipment, technology and working capital. The plant will be constructed at the Soybean Zone in Daqing City and will occupy a land area of 200,000 sq m and have an annual production capacity of 100,000 tonnes of bio-diesel. The production of bio-diesel is expected to commence by end of 2007.
Celestial NutriFoods Limited is a leading manufacturer of soybean protein-based food &
beverage products with ISO9001 and NQA-certified manufacturing facilities that have an annual production capacity of 213,500 tonnes. [+]
Meghmani Organics Limited has once again received an accolade from the investment community in Singapore for good corporate governance and transparency.
For the second consecutive year since its listing in 2004, Meghmani is a runner-up in the Securities Investors' Association of Singapore Investors' Choice Awards for the "Most Transparent Company" in the Mainboard Small Caps of up to S$100 million category.
Meghmani was presented with the award at the recent awards ceremony held at Swissotel The Stamford in Singapore.
Meghmani is a manufacturer of pigments and pesticides. [+]
Food Empire Holdings celebrated the Official Opening of its new Moscow Plant. Food Empire is best known for its MacCoffee range of instant coffee products which are sold in Russia, Eastern Europe and other emerging markets.
The Opening Ceremony was officiated by Singapore's Minister of Defence, Mr Teo Chee Hean, in the presence of the Board of Directors and management of Food Empire Holdings.
The plant is Food Empire's first outside of Asia, and will supply products directly to the Russian market, resulting in substantial savings through the reduction of import tariffs and transport costs.
Food Empire Holdings is a leading food and beverage company that manufactures and markets instant beverage products, frozen convenience food, confectionery and snack food. [+]
Sunpower Group Ltd. has clinched a US$3.74 million contract to supply pressure vessels to CTCI Overseas Co., Ltd.
Jiangsu Sunpower Technology Co., Ltd., a wholly-owned subsidiary of the Group, is expected to complete the fabrication of the pressure vessels for CTCI Overseas by the end of 2007 and payment will be on a progress basis.
CTCI Overseas will be installing the pressure vessels fabricated by Sunpower in a refinery project of Thailand's biggest listed refinery firm Bangchak Petroleum Company.
Sunpower Group Ltd specializes in the design, R&D and manufacture of customized energy saving and environmental protection products using heat transfer technologies.
Bangchak Petroleum Public Company Limited is a Thai oil company engaged in the business of refining of crude oil from the Middle East, the Far East and from domestic sources. [+]
Noble Group Limited has formally advised PMA that it is satisfied with the results of its due diligence investigation of the Windimurra Mine and of PMA and has exercised its options to acquire a 10% direct equity stake in the Windimurra Project for a consideration of A$13.5 million and provide an unlisted, unsecured convertible note with a face value of A$8.2 million to PMA. The convertible note has a 3-year term and is convertible into 3,728,548 fully-paid PMA shares, equivalent to an issue price A$2.20 per share.
Noble has formally exercised its 60-day option to acquire the interest by subscribing for 9.999% of the issued capital of PMA's subsidiary company, Windimurra Vanadium Pty Ltd.
Noble Group Limited is a market leader in managing the global supply chain of agricultural, industrial and energy products. [+]
ElectroTech Investments Limited is strengthening the senior management capabilities of its wholly-owned subsidiary, Frencken Group B.V. of the Netherlands.
With effect from 1 October 2006, the present Managing Director of Frencken, Mr Sebastiaan Johannes van Sprang, will be promoted to the position of delegated Supervisory Director of Frencken's Supervisory Board while Mr Hendrik Gezinus (Henk) Tappel will be appointed as the new Managing Director of Frencken.
ElectroTech is an international group providing Contract Design and Manufacturing services to a diverse customer base in various industry sectors and countries. [+]
Boustead Singapore Limited wholly owned subsidiary, Boustead Salcon Pte Ltd, has acquired an additional 300,000 ordinary shares in the paid-up capital of its subsidiary, Controls & Electrics Pte Ltd, from the existing minority shareholders. The aggregate purchase consideration for the Acquisition was S$465,249.46. The Company's effective interest in C&E has been increased from 60% to 75%.
The principal business activities of C&E are those relating to real time process control system design and implementation for process industries and the marketing, distribution and installation of electrical motors, process instruments and calibrators.
Boustead is a progressive global Engineering Services & Geo-Spatial Technology Group. [+]
Kingsmen Creatives Ltd subsidiary Kingsmen Exhibits Pte Ltd, had been awarded a contract to construct and fabricate the i-Space Exhibition at the Singapore Science Centre. The contract awarded by the Singapore Science Centre Board is valued at S$9.4 million. Work on the project will commence immediately and is expected to be completed by 30 November 2006.
Kingsmen is a leading communications design and production group in Asia Pacific and the Middle East. [+]
United Test and Assembly Center Ltd had successfully completed its first joint research and development collaboration with Qimonda AG on ultra-thin large die-stacking process development. Based on the success of this collaborative effort, both companies have agreed to extend the R&D initiatives by a further eighteen months and to encompass advanced stacking and Flip Chip technology.
Munich-headquartered Qimonda, the new memory company carved out from Infineon Technologies AG on 1 May 2006, is a leading global producer of DRAM memory products.
United Test and Assembly Center Ltd is a leading independent provider of semiconductor assembly and testing services for a broad range of integrated circuits including memory, mixed-signal, logic and radio-frequency ICs. [+]
Asia Environment Holdings Limited has entered into a Transfer-Operate-Transfer Concession Agreement with the Zhangzhu Town Government to acquire and operate a wastewater treatment plant in Zhangzhu Town, Yixing City, Jiangzu Province, the People's Republic of China.
The TOT Agreement involves the acquisition of a wastewater treatment plant with a treatment capacity of 10,000 m3/day and operating the plant for a 25 years concession period. The consideration for the acquisition is RMB 16 million, to be payable in three installments within 1 year of the date of the TOT Agreement.
The total revenue to be derived over the concession period amounts to RMB 114.6 million. In addition, the Company obtains the right to develop the 2nd and 3rd phase of the wastewater treatment plant, each phase expanding the treatment capacity by 10,000 m3/day.
Asia Environment Holdings Ltd is one of the leading integrated water and wastewater treatment solution providers in the People's Republic of China. [+]
Thai Beverage Public Company Limited has been awarded a Merit Award in the category "Most Transparent Company - New Issue" by the Securities Investors Association of Singapore.
ThaiBev, which was listed in May 2006, was recognized for the timeliness of news releases issued, the substantiality and clarity of its news releases, the degree of media access, the frequency of corporate results and the availability of segmental information and communication channels, such as the company website and webcasting.
Thai Beverage is the leading producer of beer and spirits in Thailand and one of the leading brewers and distillers in Southeast Asia. [+]
Poh Lian Construction Pte Ltd a wholly-owned subsidiary of UFS has recently been awarded a building contract for the proposed Newton One condominium housing development at Newton Road by M/s HKCL Investments Pte Ltd.
The Project, located at Newton Road, consists of 1 Block of 29-storey residential building with a total 91 units, 2 basement carparks, swimming pool and communal facilities. The total contract sum of the Project is S$47.38 million. The Project will commence by end of September 2006 and is scheduled to be completed by end of January 2009.
United Fiber System Limited operates two business divisions in South East Asia, namely forestry, pulp and wood chip production in South Kalimantan, Indonesia, and construction and property development in Singapore. [+]
Enviro-Hub Holdings Ltd has appointed leading ex-banker, Mr Samuel Poon Hon Thang, as Independent Director.
Mr Poon is a distinguished ex-banker with experience that spans almost three decades in the financial industry. From 1979 to 1988, he served at Citibank NA (Singapore), responsible for credit, marketing, remedial management, structured finance, etc. Most recently, Mr Poon was the Senior Executive Vice President at United Overseas Bank Ltd. where he had been intimately involved in running many parts of the bank including corporate banking, corporate finance to branch and consumer banking, etc.
He retired from UOB in May this year after almost two decades of service. In addition, Mr Poon had held Directorships in various UOB's associated companies and subsidiaries.
Enviro-Hub Holdings Limited is one of the largest providers of Total Environmental Management Solutions & Services for the Global Electrical & Electronic Equipment industries. [+]
Luzhou Bio-chem Technology Limited has entered into a joint venture with Sichuan Jin Tai
Bio-chem Co., Ltd to set up a new subsidiary, Luzhou Bio-chem Technology (Sichuan) Co., Ltd, in the People's Republic of China.
LSC will have a proposed registered capital of RMB70.0 million. Luzhou will have a 51% stake in LSC while Sichuan Jin Tai Bio-chem Co., Ltd will own the remaining 49% equity interest.
This joint venture subsidiary will operate a corn sweetener production plant with an annual production capacity of 140,000 tons by the second quarter of 2007. Located in Sichuan Province, the new plant will enable the Group to extend its market reach to cover China's south-western region, including Chengdu and Chongqing.
Luzhou Bio-chem Technology Limited is a leading corn refiner and one of the largest producers of corn sweeteners in the PRC. [+]
The listing and quotation of Radiance shares on SGX-ST Mainboard will take effect from 9.00 a.m. on 2 October 2006.
The Company's shares will be listed and quoted on the SGX-ST Mainboard and cease to be quoted on the SGX-ST Dealing and Automated Quotation System with effect from 2 October 2006.
Radiance is a specialist providing electronics manufacturing services to customers who are OEMs or ODMs of products in the satellite communications, computer peripherals, medical and consumer electronics industries. [+]
CNA Group Ltd has incorporated two Singapore companies, China Water (Beijing) Pte. Ltd. and Winwater Pte. Ltd. China Water and Winwater are wholly-owned by China Water Holdings Pte. Ltd. CWH is a wholly-owned subsidiary of the Company.
China Water (Beijing) is the overall investment arm of CWH responsible for Build-Operate-Transfer, Build-Transfer and Transfer-Operate-Transfer projects.
It is intended that Winwater may carry out research and development activities and hold the intellectual property rights relating to the business of CWH.
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. [+]
SP Chemicals Ltd. has been conferred the prestigious "2003-2005 PRC Top 100 Overseas Chinese Enterprise Award" presented by the Economy and Technology Department of the State Council's Office of Overseas Chinese Affairs Office.
The award presentation ceremony was held in Beijing. This is the second year of the award presentation. SP Chemicals was ranked 19th out of the top 100 overseas Chinese enterprises.
As an extension of the 2003-2005 Top Jiangsu Overseas Chinese Enterprise Award, the 2003-2005 PRC Top 100 Overseas Chinese Enterprise Award recognises at a national level the accomplishments and contributions of overseas Chinese companies to China's economic and social growth, including encouraging foreign investments and enterprise development.
SP Chemicals manufactures and sells chlor-alkali products and related downstream products to PRC-based and export customers. [+]
China Aviation Oil (Singapore) Corporation Ltd had closed its latest physical Jet Fuel tender for delivery in November and December 2006.
In the latest tender, CAO received responses from 13 physical jet-fuel suppliers. It has awarded cargoes to 9 suppliers including BP. For this tender, total volume of 614,000 metric tonnes of A-1 Grade Jet Fuel was awarded. The cover ratio for the awarded cargoes was approximately 3.4 times. BP exercised its pre-emption right for one cargo as part of the Business Cooperation Agreement.
From January to December in 2006, the total tender volume is 4.6 million metric tonnes, a 51% increase from 3.04 million metric tonnes for the same period in 2005.
China Aviation Oil (S) Corp Ltd is a Singapore-headquartered, multinational investment and oil infrastructure company. [+]
"..I am glad to see that a Singapore company has managed to establish itself firmly in Russia. There has been a rapid growth in the logistics and warehousing sectors in Russia, fuelled by the country's economic growth and increase in consumer spending. I am sure that the opening of the facility will help Food Empire become one of the first movers in Russia's dynamic logistics industry..."
Mr Teo Chee Hean
Minister of Defence