04 February 2008      
 
WEEK'S TOP VOLUME
 Name
Volume '000 
HSI24800MBLeCW080228
368,418
China Hongx
161,716
Yangzijiang
156,374
Memstar
126,658
SingTel
120,250
Weekly movement as at 04 February 2008
WEEK'S TOP GAINER
 Name
Price  
Chg 
OUE
15.400
+1.800
St Trdg
6.600
+0.710
SPC
6.400
+0.710
GLD 10US$
92.000
+0.600
Creative 50
5.650
+0.580
Weekly movement as at 04 February 2008

 
HEADLINES FOR THE WEEK
Resorts World at Sentosa : Inks $80 million contract for Australia-based McConnell Dowell to construct vehicular bridge linking Singapore to Sentosa.
Dayen Environmental : Clinches 2 projects from PUB valued at $4.115 million.
Hyflux : Wins 3 municipal water treatment plant projects worth RMB 207 million.
Lippo Group : Ups stake in Robinson to 29.99 percent in response to takeover offer by Al-Futtaim Group.
The Ascott Group : Inks agreement to manage Ascott Shenzhen Maillen serviced residences in China.
BBR Holdings : Receives $95.3 million project to build office tower at the International Business Park for Ascendas.
Jurong Aromatics Corporation : Inks feedstock/end-product combination agreement with British Petroleum worth US$10 billion.

 

Shanghai Turbo : Looks to enter commercial property business.
Temasek Holdings : Increases its stake in Standard Chartered Bank to above 19 percent.
SGX AsiaClear : Saw cleared trades in 2007 hit the US$4.7 billion mark.
Pan-United Corporation : Wins two ready-mix concrete supply deals for the new MRT Downtown Line Stage 1 project valued at $30 million.
Wee Hur Holdings : Share prices closed 24 percent above IPO price on Wednesday.
Xpress Holdings : Looks to increase revenue by 2 times with new printing agreements signed worth RMB 200 million.
Jurong Cement : Associate company to sell 60 percent stake in Zhejiang Shanying Cement and Zhejiang Jurong Cement for RMB 300 million.

 

Q&A Highlights

Dear readers,

We would like to highlight the 2 online Q&A sessions with the management of these companies still open for your participation this month. Should you have any questions to ask, please click on these links to post them.

    

Best Regards,
SI Team


Investor Relations Alert

A-Reit Proposes Acquisition Of Rutherford & Science Hub In Science Park I And CGGVeritas Hub

Ascendas-MGM Funds Management Limited, as manager of Ascendas Real Estate Investment Trust (A-REIT, and the manager of A-REIT, the Manager), has identified two properties, being Rutherford and Science Hub in Science Park I (Rutherford & Science Hub) and CGGVeritas Hub (CGGVeritas Hub) (together, the Properties) for acquisition by A- REIT (the Proposed Acquisitions).

The vendor of CGGVeritas Hub is Ascendas (Tuas) Pte Ltd (the CGGVeritas Hub Vendor), which is a wholly-owned subsidiary of Ascendas Land (Singapore) Pte Ltd (Ascendas), which is in turn a wholly-owned subsidiary of Ascendas Pte Ltd. The vendor of Rutherford & Science Hub is Ascendas (the Rutherford & Science Hub Vendor). In connection with the Proposed Acquisitions, HSBC Institutional Trust Services (Singapore) Limited, as trustee of A-REIT (the Trustee), has on 24 January 2008 entered into two separate conditional put and call option agreements (the Option Agreements) with the CGGVeritas Hub Vendor and the Rutherford & Science Hub Vendor.

Pursuant to the terms of the Option Agreements, the Trustee has the option (the Call Options) to require the CGGVeritas Hub Vendor and the Rutherford & Science Hub Vendor to enter into an agreement for the sale of the Properties (in the form of the sale and purchase agreement appended to the respective Option Agreements (the Sale and Purchase Agreements). Correspondingly, each of the CGGVeritas Hub Vendor and the Rutherford & Science Hub Vendor has the option (the Put Options) to require the Trustee to enter into the respective Sale and Purchase Agreements for the purchase of each of the Properties. An option fee of S$300,000 is payable for the entry into the Option Agreement for Rutherford & Science Hub and an option fee of S$100,000 is payable for the entry into the Option Agreement for CGGVeritas (together, the Option Fees).

A-REIT, Singapore's first business space and industrial REIT, was listed on 19 November 2002 with a portfolio of 8 properties worth S$545 million. It has since increased its properties to 78 with a book value of about S$3.3 billion as at 30 June 2007. It owns a diversified property portfolio in Singapore comprising business and science parks, hi-tech industrial properties, light industrial properties, logistics and distribution centres as well as warehouse retail facilities. These properties house a tenant base of over 750 international and local companies from a wide range of industries and activities, including research and development, life sciences, information technology, electronics, engineering, light manufacturing, telecommunications, logistics service providers, manufacturing services and back-room office support in service industries.

Winstedt Chong Thim Pheng makes Conditional Cash Offer for Vita Holdings

Winstedt Chong Thim Pheng, a major shareholder of Vita Holdings Limited (Vita or the Group) has today made a mandatory general offer for all the issued ordinary shares (the Shares) and all outstanding warrants (the Warrents) of Vita Holdings Limited not owned by him. The offer price is $0.17 for each Share and $0.05 for each Warrant (the Offers). Under a Convertible Loan agreement entered into between Mr. Chong and Vita in July 2007, Mr Chong had in December 2007, decided to convert part of an outstanding S$10 million convertible loan into 23 million shares in the Company, taking his stake in Vita to 29.74%.

He has yesterday further exercised his right of conversion over the balance of the convertible loan for another 35,823,529 new shares in Vita. This will increase his shareholding in the Company to 36.05 percent thereby triggering a mandatory general offer in compliance with the provisions of the Singapore Takeover Code.

The other major shareholders, Kingley Agents Limited and Hock Lian Seng Investment Pte Ltd, with stakes of 24.03 percent and 7.27percent respectively in Vita, have given irrevocable undertakings not to accept the Offers, in respect of the shares held by each of them. The price of S$0.17 for each Offer Share is based on the Conversion Price, which is the highest price paid by Mr Chong and parties acting or deemed to be acting in concert with him for Shares in Vita during the six-month period immediately preceding the date of the Offer Announcement. The Warrant Offer Price is computed on a "see-through" basis, which is equivalent to the difference between the Share Offer Price for each Offer Share and the exercise price for each Offer Warrant. Mr Chong intends to conduct a comprehensive review of the operations, management and financial position of Vita and its subsidiaries and associated companies (the Group) to develop a new business plan to further expand the Group's existing business operations. Pending the outcome of the comprehensive business review, he has no immediate plans for any significant change to the existing businesses of the Group, the redeployment of the Group’s fixed assets or the injection of new businesses or assets into the Group. As Mr Chong intends to maintain Vita’s listing status on the SGX-Catalist, he reserves the right to take appropriate actions to comply with Rules 725 and 1105 of the Listing Manual, including carrying out a placement of the Shares to ensure that at least 10 per cent. of the Shares are held by at least 500 Shareholders who are members of the public, following the close of offer.

The Share Offer will be conditional upon Mr Chong receiving more than 50% of the issued Shares in the capital of Vita as at the close of the Offer, which is expected to be in March 2008. The Offer Document containing the terms and conditions of the Share Offer and the Warrant Offer, will be dispatched to the Shareholders and Warrantholders of Vita not earlier than 14 days and not later than 21 days from the date of the Offer Announcement.

Vita’s Board of Directors will be appointing an independent financial advisor to the Directors of the Company to advise on the Offer. A circular containing the advice of the independent financial advisor and the recommendations of the Independent Directors will be sent to Shareholders within 14 days of the posting of the Offer Document to be issued by Mr Chong.

The Group was established in 1998 and listed on the Singapore Exchange Securities Trading Dealing and Automated Quotation System ("SGX Sesdaq") in 2005. Vita is a diversified group with property leasing and management, shipping and coal trading interests. It currently owns and charters out 8 vessels, and leases and manages 15 strategically located properties in Singapore and a commercial property in Shanghai, China. These properties are used for a variety of purposes, including hotel, offices, warehouses, hostels and dormitories. One of the properties is being refurbished into a 140-room high end boutique hotel at Pearl's Hill, Singapore.

Midas' JV Company Nanjing SR Puzhen Rail Transport And Consortium Partners Secure RMB1.05 Billion Contract

Midas Holdings Limited (Midas) announced that it has today been informed by its JV company, Nanjing SR Puzhen Rail Transport Co., Ltd (NPRT), that a contract to supply metro train cars, valued at RMB1.05 billion has been awarded by Nanjing Metro Co., Ltd to NPRT and its consortium partners Shanghai ALSTOM Transport Electrical Equipment Co.,Ltd. and ALSTOM Transport S.A.

Under the terms of the contract, NPRT and its consortium partners will supply 21 metro train sets (1 train set = 6 train cars), an equivalent of 126 train cars for the Nanjing Metro Line 1 Extension Project. NPRT has an estimated 70 percent share of this contract which is expected to be fulfilled between 2009 and 2011.

As such, the contract is not expected to have a material impact on the Group’s FY2008 financials.

Founded in 2000, Midas is today a leading manufacturer of aluminium alloy extrusion products and PE pipes, primarily for the transportation and infrastructure sectors in the PRC. The Group operates three business divisions; namely, Aluminium Alloy, PE Pipe and Agency and Procurement. Midas is the only PRC certified supplier to the world’s largest train manufacturers, ALSTOM SA, Siemens and Changchun Bombardier.

A-REIT Marks Completion Of HansaPoint@CBP With 100% Occupancy And Clinched Another Two Properties For S$107.0 Million

Ascendas-MGM Funds Management Limited (the Manager), the manager of Ascendas Real Estate Investment Trust (A-REIT) is pleased to announce the following :-

  1. Successful completion of HansaPoint@CBP with 100% occupancy upon the grant of Temporary Occupation Permit for the development on 22 January 2008; and
  2. Signing of separate put and call option agreements to acquire Acer Building at 29 International Business Park for S$75.0 million from Acer Computer International Ltd (Acer) on 25 January 2008 and Sim Siang Choon Building at 21 Changi South Avenue 2 from Sim Siang Choon Hardware (S) Pte Ltd (Sim Siang Choon) for S$31.888 million on 28 January 2008.

A-REIT is Singapore’s first listed business space and industrial real estate investment trust. It has a diversified portfolio of 80 properties in Singapore, comprising business and science park properties, hi-tech industrial properties, light industrial properties, and logistics and distribution centres, with a total asset of S$3.45 billion. These properties house a tenant base of over 750 international and local companies from a wide range of industries and activities, including research and development, life sciences, information technology, engineering, light manufacturing, logistics service providers, electronics, telecommunications, manufacturing services and back-room office support in service industries. Major tenants include SingTel, C&P Logistics, Siemens, TT International, Honeywell, IHPC, Zuellig Pharma, LFD (Singapore), OSIM International, Venture Corporation, Federal Express, Freight Links Express, Johnson & Johnson, RSH, Infineon Technologies, Procter & Gamble and Hyflux.

Thai Beverage To Acquire Energy Drink And Ready-To-Drink Coffee Assets

Thai Beverage Public Company Limited, through its subsidiaryMaharas Agri Company Limited (Maharas Agri) have entered into a Sale and Purchase Agreement with Wrangyer Beverage Company Limited (Wrangyer), a Thai company engaged in the production and sales of energy drink and ready-to-drink coffee, for the acquisition (the Acquisition) of all the energy drink and ready coffee assets (the Assets), owned by Wrangyer at a consideration of 420 million Baht (the Consideration).

As for inventories which might not have been included in the Assets, Maharas Agri will separately purchase those items which they deem to be of commercial value at their actual costs.

This Acquisition will enable ThaiBev to have additional points of entry into the energy drink and ready-to-drink coffee businesses and to further leverage on the company’s non-alcohol beverage business in using such well-known brands in Thailand.

According to Canadean, the foremost research company in the industry, 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 Company's major market is still Thailand, but the Company plans to expand abroad in future. The company believes that our beer and spirits products have strong brand identity and occupy leading market positions in Thailand. The company's signature beer, Chang Beer, is the best-selling beer brand consumed in Thailand and, together with the company's Archa Beer, had an approximately 60.4% share of the Thai market in 2004. The company also had an approximately 74.4% share of the spirits market in Thailand in 2004 from sales of our well-known brands, including Sangsom, Mekhong and Mungkorn Thong and our white spirits. The company's revenue from sales of beer and water (before inter-segment eliminations) was Baht 47,749.2 million, or 53.0% of the company's revenue from sales in 2004, and Baht 42,263.9 million (US$1,029.1 million), or 45.9% of the company's revenue from sales in 2005. The company's revenue from sales of spirits (before intersegment eliminations) was Baht 42,188.6 million, or 46.8% of the company's revenue from sales in 2004, and Baht 49,910.0 million (US$1,215.2 million), or 54.2% of the company's revenue from sales in 2005. The company also generates revenue from sales of industrial alcohol. The company's leading position in the Thai alcoholic beverage market is supported by its distribution network, which the company believes is one of the most extensive in Thailand. The Company engages in extensive advertising and promotions to grow its market share and enhance its brand image; for example, the Company is the main sponsor of England's Everton Football Club

 

Epure Signs Memorandum Of Understanding To Acquire Aqua-Tech Engineering & Supplies Pte Ltd

Epure International Ltd. (Epure) is pleased to announce that it has signed a non-binding memorandum of understanding (MOU) with Aqua-Tech Engineering & Supplies Pte Ltd (AT) and the existing shareholders of AT on 28 January 2008. The MOU sets out the mutual intention of both parties for Epure to acquire the entire 100 percent equity stake in AT (the Acquisition). Both parties intend to start exclusive negotiations thereafter and perform due diligence on AT. The transaction is expected to be completed around end April 2008. The MOU also provides for the continuity of key personnel in AT upon the completion of the Acquisition.

AT is a company incorporated in Singapore in 1978 and has a track record of about 30 years. AT specializes in water treatment systems and undertakes complete water treatment schemes to solve a broad spectrum of water problems - from simple turbidity removal to ultra purification. The sales and services of AT are made to customers in more than 15 countries worldwide, including the Maldives, Singapore, Australia, Japan, Middle East and other countries in the Asia-Pacific region. AT, coupled with valuable experience gained in the water treatment industry over the years, offers advanced membrane technology (eg. Seawater Reverse Osmosis (RO) Desalination, RO Water Purification, Ultra-Filtration (UF) and Membrane Bio-Reactor (MBR)), Demineralization (eg. Ion-Exchange, Water Softening), Compact Sewage Treatment systems, sophisticated Multi-Media Filtration and engineering-cum-manufacturing capabilities that can handle the toughest water requirements.

Being able to meet the various municipal, commercial and industrial requirements, AT’s water treatment equipment are installed in industries ranging from hotel and resorts to oil and gas drilling platforms, petrochemical refineries, shipyards and shipping vessels, military navy, pharmaceutical, electronics and semiconductor in the Asia-Pacific region.

AT has an existing issued share capital of S$400,010 comprising 400,010 issued ordinary shares. The current shareholders of AT are Mr Richard Yeong (93.75%) and Ms Josephine Lee (6.25%).

Epure International Ltd. is widely recognised as one of China’s leading turnkey water and wastewater treatment solutions providers. Backed by extensive R&D, technical expertise, and a proven track record of over 12 years, it has successfully completed many award-winning large-scale and complex projects in the PRC. The Group develops proprietary water and wastewater treatment technologies and customizes them into effective turnkey solutions for industrial and municipal projects. Epure has a strong marketing network in the PRC, making the Group much sought after for its strong design and engineering project management capabilities. In 2006, Epure diversified into the management of water treatment plants with a 20% stake in Shanghai Chenghuan Water Operation Co. The Group also intends to venture into capital investment, having taken a 15% stake in Anyang Mingbo Water Operations Co. It looks to other BOT and TOT projects for co-investment. Both investments were done through Epure’s wholly-owned Beijing Sound Environmental Engineering Co. The Group seeks to expand into other aspects of the supply chain for better integration of the whole eco-protection process, having set its sights on becoming a fully integrated services provider in the waste & wastewater treatment industry.

Inter-Roller Wins In-Flight Catering Project In New Doha International Airport

Inter-Roller Engineering Ltd (the Company) has successfully garnered a contract to design, supply and install in-flight catering system for the New Doha International Airport (NDIA). This is the Company’s second project for NDIA. The previous project won was for baggage handling. This is also the Company’s second in-flight catering project in the Middle East after the Emirates Flight Catering. The Company’s excellent track records and proven performance for past projects has helped won this project against strong competition from the European suppliers.

Slated for completion in 4th quarter 2009, this QAR 43 million (S$ 17 million) project will see a handling capacity of 82,000 meal sets a day to meet with the future demands of the new airport. New Doha International Airport’s In-Flight Catering Facility is a fully automated system, with customized design to ensure a seamless transportation of delicate cutlery and meal sets at high speed across areas within the facility. This system is RFID-enabled and it consists of 1.2 kilometres of conveyers, high speed lifters, Automated Sorting and Retrieval System units and Transport Units, all inter-controlled and made possible by Inter-Roller’s High Level Control Management System (CMS) and Store Management Control System (SMCS).

The Company’s in-flight catering systems can also be found at various airline catering centers located in the Asia Pacific region such as Singapore Airport Terminal Services (SATS), Korean Airlines, Emirates Flight Catering with handling capacity of 45,000, 37,000 and 115,000 meal sets a day respectively. This project will further strengthen our position in the Middle East market and spearhead our efforts towards further expansion through our subsidiary, IR Middle East.

Inter-Roller is one of the world’s leading companies in the provision of airport logistics systems with projects completed around the world. The Singapore Main Board listed company specializes in the design, engineering, manufacture, installation and support of airport logistics systems comprising of Baggage Handling System, Air Cargo Handling System, and In-Flight Catering System. Inter-Roller is headquartered in Singapore and has subsidiaries in Malaysia, China, the Middle East and United Kingdom.

United Envirotech Ltd Secured RMB 100 Million MBR Plant At Taixing, Jiangsu Province China

United Envirotech Ltd. (UEL or Company) is pleased to announce that its wholly-owned subsidiary in China, NOVO Envirotech (Guangzhou) Co Ltd has secured the RMB 100-Million engineering contract to modify, upgrade and expand on the existing wastewater treatment plant at Taixing Chemical Industrial Park located at Taixing City, Jiangsu Province, China. Phase 1 of the project pertained to the upgrading and conversion of the 20,000 cubic metres/day wastewater treatment plant to UEL’s advanced Membrane Bioreactor (MBR) system. Upon the successful completion of Phase 1 in second quarter of 2008, the Company is expected to construct a 40,000 cubic metres/day wastewater treatment plant using MBR technology.

The existing treatment plant started operation in 2001. However, the highly contaminated wastewater generated by the chemical plants located in the park posted great challenges to the wastewater treatment facility which was based on conventional treatment technology. Despite incurring very high operating cost, the plant struggled to meet the discharge limits. After extensive pilot testing, UEL’s MBR technology has emerged as the workable solution to treat the highly contaminated chemical wastewater.

UEL’s MBR technology has been implemented successfully in other chemical industrial parks, such as the Huizhou Daya Bay Petrochemical Hub and Guangzhou Nansha Chemical Industrial Park. The combined capacity of both Phase 1 and 2 of the Taixing project will be a new record for UEL and it will be one of the largest industrial wastewater MBR plant in Asia. Phase I of the project is currently under construction and will be completed by second quarter of 2008. They are expected to contribute positively to our revenue for FY 2008.

Mainboard-listed United Envirotech Ltd., specializing in water treatment and reclamation using advanced membrane technology, provides environmental engineering solutions to a wide range of customers in the chemical, petrochemical, pharmaceutical, and wastewater treatment industries. The Group’s track record includes building what it believes to be the largest "Newater" plant in the PRC that uses its Continuous Membrane Filtration ("CMF") and Reverse Osmosis ("RO") technology, as well as what it believes to be one of the largest industrial wastewater treatment plant in Asia, in terms of treatment capacity, using its Membrane Bioreactor ("MBR") technology. Through the years, United Envirotech has established strong working relations with their customers, which enables them to secure future contracts or referrals to new customers.

Some of United Envirotech’s major customers includes China Petrochemical Corporation ("Sinopec"), China National Petroleum Corporation ("CNPC"), China National Offshore Oil Corporation ("CNOOC") and Singapore Sembcorp.

Chemoil Successfully Launches Operations At Helios Terminal

Chemoil has successfully started operations from its new Helios Terminal facility, further entrenching itself as the only physical provider in Singapore to control all key stages of the supply chain. In line with operational projections, Chemoil began discharging cargoes from January 11 and successfully completed its first end-to-end delivery turnaround on January 24 with the loading of barges for marine fuel deliveries. Apart from these loading and discharge operations, other key activities such as inter tank transfers and blending services were also successfully undertaken. The company also confirmed that the inauguration ceremony for Helios Terminal will take place on Thursday February 28, which will be officiated by guest-of-honor, Singapore’s Minister for Finance and Minister for Education, Mr Tharman Shanmugaratnam.

Chemoil further announced the leasing of storage tanks at Helios Terminal to Brazil’s largest energy company, Petrobras. The leased capacity to Petrobras is currently at 163 000 cbm, and this will help maximize returns from Helios Terminal. Whilst Chemoil’s customer activity continues to increase at the Helios Terminal, the long-term lease agreement with Petrobras will provide both companies with the potential to explore supply synergies in the long term. Petrobras has been supplying the Singapore bunker market since 2004, offering LSFO and 500 centistoke (cst) fuel oil.

With 18 fuel tanks, comprising an aggregated capacity of 448,000 cubic meters, the Helios facility is Chemoil’s largest owned terminal to date and significantly increases onshore storage capacity in Singapore. Presently, eight tanks with a combined capacity of 328,000m3 are in operation. The remaining tanks are due to be in use by the end of February 2008. Collectively the facility has the ability to store RMG, RMK, MGO and MDO grade fuels. Combined with its berthing capabilities and advanced operations for all fuel transfers, the operations enable Chemoil to quickly turnaround deliveries to larger vessels, therefore improving service, reducing demurrage and boosting volumes. This includes the ability to berth up to two Suez maxes or six 10,000dwt tankers at a time on the terminal’s finger pier and access to a nearby VLCC jetty with the functional capability to empty a VLCC within 24 hours is expected from March 2008. The company has also taken delivery of one newly built 7000dwt barge this month, with another to be delivered in March this year. Again, with high pumping capacities, the dedicated barges will be able to cater to large vessels. Compliant to stringent HSE policies and equipped with advanced booming capabilities, the terminal is committed to upholding the highest safety and environmental standards.

As one of the marine fuel industry’s leading physical suppliers, Chemoil delivers energy through controlling all key stages of the marine fuel supply chain, providing exceptional value to its customers and maximising profitability by converting expenses to assets - acquiring, developing and controlling physical infrastructure within the supply chain. It has integrated operations in Los Angeles, New York, Houston, Singapore, Panama, United Arab Emirates and the ARA region (Antwerp, Rotterdam and Amsterdam). Established in 1981, Chemoil continually challenges industry practices and provides leadership through its progressive and innovative approach to delivering energy. With the largest share of the marine fuels market in Los Angeles and New York, Chemoil is committed to finding innovative means to delivering energy, and has been at the forefront of supplying cleaner fuels to meet customer demands in light of changing legislation to protect the environment. Chemoil was listed on the Main Board of Singapore Exchange Securities Trading Limited (SGX-ST) on December 14, 2006 and in the same year delivered over 13 million tonnes of fuel.

CEO's Walk The Talk

"....Becoming a publicly listed company is a major milestone in Rokko's corporate history. As our company moves into a new phase of growth, we will continue to build on our excellent reputation developed over the years; the reputation of quality, reliability, innovation and honourable business ethics. With the rising trend and challenges of globalization, the need for innovation, cost-effectiveness, efficiency and flexibility is becoming more critical. Rokko has expanded its R&D capacities recently to meet these challenges. Through our R&D activities, we will play an active role in building a sound base of intellectual property assets, reduce the cost of ownership of capital equipment and deliver the vital breakthrough technology to keep our customers competitive in the global market place. Being able to diversify our revenue stream has also been a key success driver. Rokko's connector stamping business contributed a healthy portion of our total revenue and profit in recent years. The extension into precision stamping came organically with minimum investment while diversifying our revenue base into non-semiconductor products. We will continue to focus on the strategy of income stream diversification for growth by capitalizing on our core expertise."


Gary Lim Chong Chen
Group Managing Director
Rokko Holdings Ltd.



Singapore's Most Promising Company Profile


The Company was incorporated in Singapore on 30 September 2003 under the name of Rokko Holdings Ltd.Rokko Holdings Ltd is a precision engineering group principally engaged in the business of providing automated equipment and precision engineering services to its customers in the semiconductor and electronics industries. It designs and manufactures proprietary semiconductor assembly equipment and precision tooling for use in the semiconductor industry, as well as undertaking precision stamping of connectors for use in the electronics industry. Its business activities can be segmented into the following divisions:-(i) Tooling Division - which involves mainly the design, development and manufacture of precision tools for use in the ‘front-end’ and ‘back-end’ processes in the semiconductor manufacturing process.(ii) Equipment Division - which involves mainly the design, development and manufacture of automated equipment for semiconductor ‘back-end’ assembly process.(iii) Stamping Division - which involves mainly the provision of connector stamping services to manufacturers in the electronics industry. Most of its customers are located in Singapore and Malaysia. Over the years, the Group has expanded its customer base from South East Asia to North Asia and some parts of Europe.


 

 































 

Historical Price Data
 Date Open High Low Close
Volume  

31 Jan 2008

0.165

0.165

0.165

0.165

668,000

30 Jan 2008

0.160

0.165

0.160

0.165

300,000

29 Jan 2008

0.160

0.160

0.155

0.160

75,000

28 Jan 2008

0.160

0.160

0.160

0.160

20,000

25 Jan 2008

-

-

-

-

0


Fundamentals
Historial EPS ($) a
  0.03368
Rolling EPS ($) e
  0.03368
NAV ($) b
  0.1275
Historical PE
  5.048
Rolling PE f
  5.048
Price / NAV b
  1.333
Dividend ($) d
  0.010000
52 Weeks High
  0.380
Par Value ($)
  n.a.
Dividend Yield (%) d
  5.882
52 Weeks Low
  0.145
Market Cap (M)
  25.500
Issued & Paid-up Shares c
  150,000,000
 
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 30/01/2008. 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

Jan 30, 2008

Corporate Fact Sheet - FY2007

Jan 29, 2008

Full Year Financial Statement And Dividend Announcement

Jan 29, 2008

Newly Listed Rokko Reports Double Digit Growth In Revenue And Profit

Jan 15, 2008

Miscellaneous :: Use Of Ipo Proceeds




Disclaimer: Although every reasonable care has been taken to ensure the accuracy and objectivity of the information contained in this publication, neither the publishers, authors and their employees and agents can be held liable for any errors, inaccuracies and/or omissions, howsoever caused. We shall not be liable for any actions taken based on the views expressed, or information provided within this publication. Information within this publication should not be taken or construed as an offer of, or the giving of, advice to buy or sell securities. The publishers, its associated companies and their officers, directors, employees may own or may have owned or have positions in the securities mentioned or reported in this publication, and may from time to time, add on to or dispose such securities. You should always seek your own professional advice from the appropriate advisor or institution. No part of this publication may be reproduced, stored, transmitted in any form of by any means without the permission of the Publisher.
 
 
ShareInvestor Pte Ltd 158 Cecil Street #08-03 Dapenso Building S(069545)
Tel: 62208807 Email: admin@shareinvestor.com