11 December 2006      
 
WEEK'S TOP VOLUME
 Name
Volume `000 
 Gen Int
428,124
 Sapphire
344,253
 Jasper
320,218
 PDC Corp
293,630
 FHTK
229,528
Weekly movement as at 8 December 2006
WEEK'S TOP GAINER
 Name
Price  
Chg 
 " SPDRS 10US$
125.000
+13.000
 CMProp 100 HK$
16.000
+2.000
 " STI ETF 100
29.400
+1.050
 FXIA50ETFJPeCW070212
2.440
+0.840
 JSH 500US$
12.500
+0.700
Weekly movement as at 8 December 2006

 
HEADLINES FOR THE WEEK
Norelco: To Invest US$20 Million In New Aerospace Parts Plant In
Changi
NTEGRATOR: Clinched US$23.5 Million Contract With Myanmar
Radio & Television
Robinson: Clinched River Island's Franchise For Singapore And
Malaysia
 


Lian Beng: Clinched $65.9 Million For Two Condominium Projects
Mapletree Log: Bought First Property In Japan For $24.4 Million
Genting Int: Won Bid For Sentosa Integrated Resort
Ascott: US$23.5 Million JV With Vietnam's Hoabinh Co Ltd. To Buy
Hanoi Property
 

HOT Off The Press

Swiber Secures US$14.0 Million Charter Contract In India


Swiber Holdings Limited has secured a 3-year charter contract worth approximately US$14.0 million in India.

The contract was awarded by India's BG Exploration and Production India Limited for the provision of an Anchor Handling Tug and Supply vessel to be used for marine oil and gas works within Indian waters. The 3-year charter contract commences in April 2007, and includes a two extension options of six months each on the same rates, terms and conditions.

Swiber is a niche service provider to the offshore oil and gas industry, with a complementary business in the supply of marine support vessels. [+]

UTAC To Expand Thai Operations With 3rd Plant; Production To Begin In 2H07


•  Total investment of $100 million over the next 3 years for Thailand operations.

•  Leadframe-based packaging to be consolidated in Thailand.

•  UTAC Singapore to focus resources on substrate-based packaging.

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. [+]

SBN Secures New Strategic Investors


One of the major shareholders of Sun Business Network Ltd., Sun Media Investments Holding Limited will be placing out 86 million SBN shares at S$0.06 each to certain strategic investors.

Following the completion of the transactions, SMIH will cease to be a direct substantial shareholder in the Group.

Sun Business Network Ltd. is involved in magazine publishing in Singapore, Malaysia and Greater China, and holds substantial investment in SNMI and Sun 3C. [+]

Noble Group Expanding Mining Assets In Australia


Matilda Minerals Ltd has completed "a strategic, cornerstone placement" raising $4.5 million, through the issue of 7.5 million shares at 60c.

The placement has been issued to Crawley Resources Ltd, a subsidiary of global supply chain manager Noble Group, and which also represents the interests of Michael Kiernan.

Matilda joins the ranks of producers of high-grade, high-value zircon-rutile rich concentrate from its flagship mining operation at Andranangoo Creek in the Tiwi islands.

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

SBN Appoints New Non-Executive Director


Sun Business Network Ltd. has appointed Mr Tan Choon Wee as Non-Executive Director to strengthen its Board as it continues to rationalize its business and build capabilities in the traditional print, mobile, internet and new media areas.

Mr Tan, an engineer by training was formally a Director in Advance Capital Partners Private Limited, a financial advisory company. Prior to that he was Head of Sales and Dealing at RHB Securities Sdn Bhd, Malaysia. Mr Tan has held several management positions in Banking and Stockbroking since 1991.

Sun Business Network Ltd. is involved in magazine publishing in Singapore, Malaysia and Greater China, and holds substantial investment in OTCBB-listed Sun New Media Inc and AIM-listed Sun 3C Media PLC. [+]

OSIM Opens Store In Harrods


OSIM has set another milestone, for being the first Singapore retail company to open a shop presence in the ‘hallowed halls' of Harrods. Harrods of Knightsbridge, considered by many to be the world's most prestigious department store, attracts members of royalty, statesmen, celebrities and the who's who from all corners of the globe.

The 770 sq ft OSIM store opens in time for the traditional Christmas shopping at Harrods. At Christmas time, several of Harrods' departments, including the seasonal Christmas department and Food Hall are world famous for the abundance and quality of goods on offer, attracting thousands of shoppers locally and internationally.

The OSIM shop in Harrods is located on Level 3, between the Piano and Lighting departments.

OSIM is a global leader in branded healthy lifestyle products. [+]

Stamford Tyres Records Interim Revenue Of S$138.1 Million


Stamford Tyres Corporation Limited reported S$138.1 million in revenue for the six months ended October 31, 2006, a 15.4% jump from the S$119.7 million recorded in the previous corresponding period.

The Group's double-digit growth in revenue was mainly attributed to the continued organic growth of its major brands - Falken, Dunlop, Continental - and earthmover tyres, and also the increased sales revenue from proprietary brands - Sumo Firenza tyres, Sumo Tire and SSW Wheels.

Stamford Tyres is a global tyre and light alloy wheel specialist. [+]

Institutional Investor Snaps Up Block Of One Tree Hill Residences


Soilbuild Holdings Limited saw strong institutional investors' demand for its One Tree Hill Residence, located in the prestigious Grange Road area.

25 units of the 48-unit development were snapped up by an US-based global investment fund who forked out S$41.7 million or an 11.7% premium over an independent open market valuation assessed as at 7 December 2005.

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

Food Empire: MacCoffee 3-In-1 Coffeemix Wins "Choice Of The Year 2006" In Ukraine


Food Empire Holdings won the "Choice of The Year 2006" Award in Ukraine. "Choice of the Year" is the first international festival-contest in Ukraine, aims of which are determination and popularization of the best goods and services in the Ukrainian market.

The flagship brand, MacCoffee was awarded the "#1 Choice of the Year" for 5 years. MacCoffee was recognized to be "The best coffee 3 in1 in Ukraine" in 2001, 2002, 2003, 2005 and 2006. The award deems MacCoffee 3-in-1 is still the best choice of coffeemix in the hearts of the Ukranians.

Food Empire Holdings is a leading food and beverage company that manufactures and markets instant beverage products, frozen convenience food, confectionery and snack food. [+]

Tat Hong's Australia Subsidiary, Tutt Bryant, Acquires Queensland Equipment Hire And Pump Services Business


Tat Hong Holdings Ltd subsidiary in Australia, Tutt Bryant Group Limited has concluded the acquisition of Queensland based equipment hire company North Sheridan Pty Ltd, trading as Paramount Hire Services and Pump Hire Services, for a cash consideration of A$31.7 million and assumption of approximately A$19.0 million in finance liabilities as at 30 September 2006.

This acquisition in Australia is a very strong complementary addition to our General Equipment Hire business and provides a platform for further expansion either by organic growth or single store acquisitions to create stronger utilisation of equipment between stores. Following the acquisition, Tutt Bryant will have 14 hire stores, providing the catalyst to build the number of stores to achieve its target of 20 stores in the first 24 months since its listing.

Tat Hong Holdings Ltd is one of the biggest companies in the region supplying cranes and heavy equipment to the industries. [+]

CapitaRetail China Trust Closes 59% Higher On Debut Of Trading


CapitaRetail China Trust made its debut on the Main Board of Singapore Exchange Securities Trading Limited. CRCT opened at S$1.60, which was 42% higher than the offering price of S$1.13 per Unit, and reached a high of S$1.85 in the day. At the end of the trading day, CRCT closed at S$1.80, registering a 59% increase over the Offering Price.

The total volume traded for the day was approximately 117 million. The listing ceremony for CRCT, the fourth Singapore REIT sponsored by CapitaLand Limited, was officiated by the Minister of State for Education and Manpower, Mr Gan Kim Yong.

CapitaRetail China Trust is a Singapore-based REIT established with the objective of investing on a long-term basis in a diversified portfolio of income-producing real estate used primarily for retail purposes and located primarily in China. [+]

 


Stamford Tyres Is First In Asia Pacific To Distribute Next Generation Of Continental Tyres - The ContiSportContact 3



Stamford Tyres Corporation Limited will be the first to distribute Continental's new ContiSportContact 3 tyre in Asia Pacific, in partnership with German tyre manufacturer Continental AG.

Specially designed for manufacturers and drivers of sporty vehicles, this next generation of sporty vehicle tyres boasts excellent features such as shorter braking distances, further enhanced handling characteristics and improved driving safety on wet roads.

Through its long-standing partnership with Continental AG, Stamford Tyres currently distributes Continental tyres across the Asia Pacific region, in Singapore, Brunei, Thailand, Indonesia, as well as Shandong Province and Shanghai in China.

Stamford Tyres is a global tyre and light alloy wheel specialist. [+]

US-Based Legerity Selects UTAC To Test And Assemble Next Generation Of Industry-Leading Voice Semiconductor Solutions


United Test and Assembly Center Ltd has been selected by US-based Legerity, Inc. to test and assemble their next-generation of industry-leading voice semiconductor solutions.

UTAC will provide wafer sort and assembly services to Legerity at both the Group's Singapore and Thailand operations. UTAC has been chosen by Legerity as a second source for semiconductor test and assembly services for next-generation subscriber line interface circuit and subscriber line access controller 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. [+]

Petra Foods Establishes S$300 Million Multicurrency Medium Term Note Programme


Petra Foods Limited has established a S$300 million Multicurrency Medium Term Note Programme.

Under the MTN Programme, Petra Foods may from time to time, issue notes in series or tranches in Singapore dollars or any other currency as may be agreed between the Company and the relevant dealer appointed under the MTN Programme. Furthermore, each series or tranche of Notes may bear fixed, floating or variable rates of interest.

The net proceed will be used for the purpose of financing the general working capital, capital expenditure requirements of the Group and to refinance existing borrowings.

Petra Food Limited is one of the world's major manufactures and supplier for premium cocoa ingredients, namely cocoa powder, cocoa butter and cocoa liquor. [+]

Sunpower Clinched Deal With BP Worth US$3.5 Million


•  US$3.5m Contract secured to install pressure vessels for BP subsidiary in Belgium.

•  Project expected to be completed by end 2007.

•  Overseas order book now stands at US$20.8m, compared to 100% domestic sales in FY2005.

Sunpower Group Ltd. specialises in the design, R&D and manufacture of customized energy saving and environmental protection products using heat transfer technologies. [+]

Enviro-Hub Announces Sale And Leaseback Of Two Properties For S$54.9 Million


•  In line with the Group's strategy of efficient capital utilisation as well as redeployment of resources to the Group's core business in providing environmental solutions and services.

•  Enabling the Group to adopt a more asset light strategy going forward.

•  The sale will result in a gain of about S$37.4 million.

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

Chairman Of SGX-Listed Hongguo Places 28 Million Shares To Three Selected International Institutional Investors


Hongguo International Holdings Limited Group's Executive Chairman, Mr Chen Yixi, has placed out a total of 28 million shares representing approximately 7% of the outstanding shares of the Group to three selected International institutional investors.

The placement exercise, which was handled by Morgan Stanley will help to improve the liquidity of the Group's shares in the market and to increase institutional holdings of the Group's shares.

Hongguo is a specialised designer, manufacturer and retailer of high-quality fashion products headquartered in Nanjing, China. [+]

Meghmani Receives Nationwide Recognition for Export Excellence And State Government Award For Work Safety Practices


Meghmani Organics Limited has received three prestigious accolades in recognition of its excellence in work safety and exports practices.

Meghmani was presented with the "Niryat Shree" award in the Chemicals, Drugs, Pharma and Allied products - Non-SSI Category, from the Federation of Indian Export Organisations for its outstanding export performance for two consecutive years. For 2003-2004, the Group was awarded a Certificate of Excellence and the Silver Trophy for 2004-2005. Meghmani also received the prestigious Gujarat State Safety Award/Certificate 2005.

A partner of the Government of India in promoting India's exports, FIEO is a body of Indian export promotion organizations set up jointly by the Ministry of Commerce, Government of India and private trade and industry in 1965. FIEO aids in setting the direction and thrust to India's fast expanding international trade.

Meghmani is a manufacturer of pigments and Pesticides in India. [+]

Advance SCT Extends Presence In S.E Asia With S$17.9 Million Acquisitions In Malaysia And Indonesia


•  Acquire a copper smelting plant and a scrap metal collection and aggregation centre in Malaysia for S$16.7 million.

•  Acquire a scrap metal collection and aggregation facility in Indonesia for S$1.2 million.

•  Acquisitions would strengthen the Group's copper supply chain management.

Advance SCT Limited is a Copper Supply Chain Management company with related businesses in Printed Circuit Board Testing services. [+]

Saudi Economic & Development Co. Ltd. To Invest Up To S$13.4 Million For 20.65% Stake In SGX-Listed CNA Group; To Establish JV To Further CNA's Penetration In Middle East


Saudi Economic & Development Co. Ltd. plans to invest approximately S$13.4 million to subscribe for an approximate 20.65% stake in CNA Group, which will make SEDCO the single-largest shareholder in the Group.

CNA and SEDCO will establish a joint venture to further penetration of CNA's control and automation business in the Middle East.

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. [+]

SCS to Increase Stake In Green Dot Internet Services Pte Ltd To 100%


Singapore Computer Systems Limited has entered into sale and purchase agreements with Green Dot Capital Pte Ltd, ST Electronics (Info-Software Systems) Pte Ltd and individual shareholders to purchase all their shares amounting to a total of 77.3% stake in Green Dot Internet Services Pte Ltd.

SCS' acquisition will make GDIS, an e-business enabler and multi-channel solutions provider, a wholly-owned subsidiary of SCS. The aggregate consideration for the Acquisition is S$2.4 million.

GDIS has strong domain knowledge in portal-related businesses. It is the developer and operator of Internet portals for many government or government-related organisations, such as VisitSingapore.com - the Singapore Tourism Portal and ONE.MOTORING - Singapore's premier one-stop motoring portal. GDIS also manages the Ministry of Manpower's website and provides integrated contact centre services.

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



CEO's Walk The Talk

"…Moving forward, the Group's strategy will be to consolidate leadframe-based assembly in Thailand with Singapore concentrating on substrate-based packaging activities. The strategy to focus on the respective strengths and capabilities of our Singapore and Thailand operations reinforces the synergies between both sites…"
Mr Lee Joon Chung
Group President and Chief Executive Officer
United Test and Assembly Center Ltd..



Highlighted Company


Listed on the Singapore Exchange ("SGX") on 24 August 2006, Yoma Strategic Holdings Ltd. ("YSH" or "the Group") is a leading business corporation with current interests and activities in Myanmar. Registered in Singapore, YSH's principal activities involve the development of land, sale of private residential properties, construction, as well as design and project management for real estate developments in Myanmar.

Nonetheless, the Group's long term vision is to be a multinational corporation with a diversified portfolio of businesses located in numerous countries across the Asia Pacific.

YSH has put in place a strategic platform for achieving this vision. The listing on the SGX has set high standards of corporate governance and a transparent system of reporting within YSH. Together with the stewardship of an experienced Board of Directors, the Group continues to set itself demanding performance standards.

YSH's growth will be derived from organic business expansion as well as via new acquisitions. The Group sees itself as an ideal business partner for multinational corporations from beyond the Asia Pacific, as it has the requisite experience in developing and managing successful business ventures in emerging markets such as Myanmar. Currently, YSH is reviewing several potential new business opportunities within and outside of Myanmar.






































Historical Price Data
 Date Open High Low Close
Volume  
 08 Dec 2006  0.375  0.375  0.375  0.375
427,000
 07 Dec 2006  0.380  0.380  0.375  0.380
376,000
 06 Dec 2006  0.375  0.380  0.375  0.375
328,000
 05 Dec 2006
 0.385
 0.390
 0.375
 0.375
760,000
 04 Dec 2006  0.385  0.390  0.380  0.385
1,385,000

Fundamentals
Historial EPS ($) a
  0.01054
Rolling EPS ($) e
  0.01218
NAV ($) b
  0.2471
Historical PE
  -
Rolling PE f
  -
Price / NAV b
  1.518
Dividend ($) d
 1.470000
52 Weeks High
 0.475
Par Value ($)
  n.a.
Dividend Yield (%) d
 392.000
52 Weeks Low
  0.270
Market Cap (M)
 159.681
Issued & Paid-up Shares c
 425,817,000
 
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 07/11/2006. 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

Newsroom
04 Dec 2006 Proposed Acquisition Of Winner Sight Investments Limited
09 Nov 2006 Appointment Of Compliance Adviser
06 Nov 2006 Announcement Of Acquisitions And Realisations Of Assets
06 Nov 2006 First Quarter Financial Statement And Dividend Announcement
31 Oct 2006 Clarification On Business Times Article Dated 31 October 2006



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