Design Studio Furniture Manufacturer Ltd's outstanding order book at the end of 2006 was worth approximately S$90 million.
Of the amount S$54 million comprise local residential and interior fit out projects and S$36 million for export sales.
Orders from local residential projects include developments such as The Sail at Marina Bay and The St Regis Residences. The company also received orders from various overseas markets including USA, Dubai, Japan, Malaysia and Pakistan of which most of these orders are expected to realize in the Year 2007.
The Company is principally engaged in the manufacture, supply and installation of paneling products for residential property developments. It is also involved in interior fitting-out projects for residential, commercial and retail properties. In order to provide a full spectrum of services and products for its clients, it brings in premier brands of complementary products. The Company has the exclusive rights to sell SieMatic fitted kitchens in Singapore and Brunei. It also has the sole rights to sell the Italian brand of MAP quality furniture products in Singapore, Malaysia, Indonesia and Brunei, Further, it markets, sells and fabricates Corian solid surfaces products for residential and commercial developments (excluding the retail market) in Singapore.
Yoma Strategic Holdings aims to acquire the Zhong Bei Building in Dalian.
This will happen through the buying of a 75% stake in Winner Sight Investments Limited that was awarded the bid to purchase the building.
These transactions will be funded by internal resources, borrowings and a proposed rights issue.
Today, the Group is engaged in property development, construction and piling services, project management and design services in Myanmar. The Group portfolio of development properties includes apartments, condominiums and bungalows. In property development, the Group manages all the property projects initiated by its group including the provision of detailed budgeting, costing and planning, as well as project management. Its construction services which support its property development business include foundation piling works for various types of buildings and acting as contractor for super-structure construction works. The Group also supplies ready-mixed concrete, sand and shingle to the Myanmar construction industry.
Inchem Holdings International Limited has set up a joint venture company Zhao Qing KPS Coatings Co. Ltd in China.
Inchem owns a 90% stake in the company and has injected US$225,000 of capital into it.
The other partner in the venture is a Choy Chin Yee and the core business of the company will be to manufacture and distribute coating materials.
The Group's core business lies in the manufacture and distribution of surface coatings such as solvent-borne, water-borne and solvent-free for the wood-based industry. The Group is proactively diversifying into other niche areas, producing surface coatings for other substrates such as plastic and specialty chemicals like high performance adhesives.
Global Voice Group enters an agreement to provide a converged mission critical connectivity solution for Techem AG in Europe.
Once completed the solution will be deployed over dedicated fiber, enabling Techem to securely transport and store data between their headquarters in Eschborn and their datacenter in Frankfurt with maximum reliability, security of data and scalability.
This adds up to a total of 8.1 million households which will be served by the solution.
GVN owns and operates one of the largest Metropolitan Area Network businesses (MANs) in Europe. Its fibre networks are located in 14 cities. GVN's uses its highly secure networks to provide its clients with IP products and business continuity services, which include disaster recovery services, online data storage and content delivery. GVN's main target industry sectors are the regulatory-driven banking & insurance industry, pharmaceutical and government.
Noble Group has signed a three-way joint venture to form a new fertilizer blending and marketing company in Brazil.
The other companies involved in the venture are Peninsula, a well recognized local fertilizer blender in Brazil and MAS Trade Holding, a Dutch holding company, with important participations in companies involved in the supply of international fertilizer raw materials.
Noble will invest US$4,334,000 in the JV and expects to expand the business into other countries like Paraguay, Argentina and Uruguay.
Noble Group Limited (SGX: NOBL) is a global raw materials merchant and market leader in supply chain management of agricultural, industrial and energy products. With 2004 revenue of US$ 8.6 billion, the Group operates a network of over 65 offices in 35 countries serving more than 3500 customers from four profit centers: Agriculture, Energy, Metals, Minerals and Ores and Logistics.
Best World International Limited places out 16.5 million shares via Chairman, Dr Doreen Tan, and Chief Executive Officer, Dr Dora Hoan to institutional investors at 85 cents each.
The bulk of the placement shares went to institutional investors while Mr Huang Ban Chin, Executive Director of Best World increased his stake to 3.6% through this placement.
Dr Hoan and Dr Tan both placed out 8.25 million shares each reducing their combined stake in the company from 57.4% to 47.4%.
The Group is principally engaged in the sourcing, formulating, branding and distribution of a range of health and lifestyle products under its own brands, "bwL", "Avance", "DORS", "DR's Secret" and "DRS Seager". Its products may be categorised as cosmetics, skin care, nutritional supplements, personal care and healthcare equipment. The Group also distributes a range of third-party cosmetics and skin care products under the brand "C'bon". The Group distributes its products via 3 distribution channels, namely, direct selling, retail and export.
Soilbuild Group Holdings Ltd opens its food terrace factories at Senoko Crescent for lease and sale.
Senoko Food Connection targets SMEs in the food manufacturing and distribution industries and consists of 15 factory units.
The factory dimensions range from 1,000 to 1,500 sq m, for a total net saleable/lettable area of 20,271 sq m. The total land area is 20,525 sq m.
Soilbuild Group Holdings Ltd is a boutique property developer focusing mainly on medium-sized, freehold residential developments with supporting construction and facade design and fabrication businesses.
Autron Corporation Limited has entered a legally binding term sheet to buy 80% of Da Ya
Bay Development Limited.
The proposed cost of the transaction will be US$34 million.
The acquisition is expected to take place by 31 May 2007.
The Group's main business is in the supply of capital equipment to the printed circuit board assembly and semiconductor industry back-end assemblers and manufacturers of printed circuit boards.
Devotion Energy Group Limited subsidiary signs steam supply contract with Guangzhou China Resources Thermal Power Limited.
The Group will alter and re-engineer the existing boilers, supply the new type
of energy fuel - 53# Emulsified Green Coke ("53#EGC") as fuel for the re-engineered boilers, and operate the steam supply pipelines.
The contract is expected to bring in more than RMB 90 million of revenue over the span of 3 years.
Devotion is a specialist in the development and fabrication of energy saving and environmentally friendly central heating infrastructure and related thermal equipment. Currently, its main products are the new generation central heating systems fuelled by gas or oil or powered by electricity which are primarily used in heating facilities for buildings such as hotels, office towers, residential buildings and shopping malls. It is also a turnkey central heating facilities service provider to townships, residential estates and commercial properties through long term Build Own Operate contracts with municipal authorities, property developers and owners.
"..Given our unique assets and their ideal location, we believe, GV is one of the only European companies that can provide telecommunications companies with the suitably located and sufficiently dense fiber networks they require to rapidly and successfully roll-out their own services, without the delay and huge cost that the construction of new fiber networks would incur.
Likewise we believe GV is one of the only European companies that can provide enterprise clients with their own private fiber networks with which to connect their buildings, transport their critical business data or securely store their data off-site..."
Noel Meaney, Executive Director and Chief Executive Officer