10 March 2008      
 
WEEK'S TOP VOLUME
 Name
Volume '000 
Yangzijiang
264,435
HSI24000MBLeCW080328
209,672
GlobalVoice
200,264
GoldenAgr
165,804
FirstRes
150,962
Weekly movement as at 7 March 2008
WEEK'S TOP GAINER
 Name
Price  
Chg 
ChODBeCW091026 1 US$
347.800
+200.700
WBL Corp
5.360
+0.610
HSI 27200DBePW080331
1.640
+0.430
Nikkei225DBePW80317A
1.430
+0.350
Nikkei225DBePW080317
0.800
+0.345
Weekly movement as at 7 March 2008

 
HEADLINES FOR THE WEEK
Creative Technology : Ties up with InnoMedia to grow wireless video-phone service.
PetroChina : Looks at possibility of constructing a world-scale refinery in Singapore.
Europtronic Group : Enters jatropha and solar power business sector.
Templeton Asset Management : Says no-go to private equity bid from LuYe Pharmaceutical for AsiaPharm.
RH Energy : Subsidiary looks to purchase a 68.5 per cent stake in China Oil Zhong Zhou Engineering Supervision Co for RMB 5.7 million.
A-Sonic Aerospace  : Incorporates China subsidiary to provide supply chain management services.
China Auto Electronics Group : Acquires 80 per cent stake of US-based THB Zaima Group assets for US$14.5 million to make steps into the US market.
Wilmar International : To ask for go-head from Chinese government to raise the price of its cooking oil products.
Keppel Land : Looks to start Vietnam condo development project in Q4 2008.

 

Keppel Corp : Clinches a US$205 million jack up rig order in Vietnam.
Old Chang Kee : Looks to add 13 stores in the Asia-Pacific region.
SIA Engineering  :  Inks MOU with Cebu Pacific Air to build an aircraft heavy maintenance facility at Clark International Airport in the Philippines.
Achieva :  Sells Achieva Components and Achieva Electronics to Arrow Electronics for US$51.5 million.
Hyflux  :  Forecasts a 30 per cent growth in revenue for China market in light of water shortages and pollution issues in the country.
CSC Holdings :  Clinches project to build the foundation of a bio-diesel plant in Singapore for Finland-based Neste Oil OYJ.
Vantage Corp :  To delist from SGX on March 10 in light of acquisition offer by Galleria Resources.
SIA :  To operate flights out of Beijing Capital International Airport Terminal 3 from March 26 onwards.

 

Q&A Highlights

Dear readers,

We would like to highlight these 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


Derivative News

SG WARRANT IN FOCUS

  • CapitaLand shares fell by nearly 9% last week to end at $5.74 last Friday. The group’s FY2007 results came in within expectations with 65% of its total revenues derived from its China and Australia operations. Investors who are positive may consider call E2OW.

 





  • DBS shares closed at $16.68 on Friday. Uncertainties surrounding the US economy continue to plague investors’ confidence. However, Singapore banks are arguably in a better position to withstand shock due to their healthy balance sheet. Investors expecting sentiment to improve in the near future may want to look at call E6KW.



 


Investor Relations Alert

Sinomem Disposes Stake in Associate Company

Sinomem Technology Limited (Sinomem or the Group) wishes to announce that it has disposed its entire stake in 47.93 per cent owned associate company Jiangxi New Ruifeng Biochemical Co. Ltd at RMB 27.79 million.

The transaction is based on book value and is not expected to have any material impact on the earnings per share and Net Tangible Assets Value of the Group for the financial year ending 31 December 2008.

None of the directors or substantial shareholders of Sinomem has any interest, direct or indirect, in the Transaction.

Founded in 1996 and listed on SGX-Mainboard in 2003, Sinomem Technology Limited ("Sinomem" or the "Group"), is a leading integrated membrane technology company. Its business covers entire membrane industry value chain, namely membrane material manufacturing, membrane process & engineering, and downstream nutraceuticals production and wastewater treatment that employs membrane-based separation and purification technologies. The group's headquarter is located in Singapore.

Biosensors Announces Start Of Enrollment In BEACON II Drug-Eluting Stent Registry

Biosensors International Group Ltd, (Biosensors), today announced the start of enrollment in the Biolimus Eluting A-9 Coronary stent Obviating Luminal Narrowing (BEACON II) registry program which plans to enroll 1,000 patients in 15 centers across Asia, including Singapore, Malaysia, Indonesia, Thailand, Australia, and New Zealand.

A registry program enlists clinicians to document the performance of a specific therapy for a particular disease or condition. In BEACON II, clinicians will collect and analyze “real-world” use and clinical performance of the BioMatrix™ Drug-Eluting Stent that are implanted in patients in paid procedures performed by cardiologists at the participating centers. Professor Koh Tian Hai, Medical Director, Singapore National Heart Center, who is the co- Principal Investigator, implanted the first patient in the BEACON II registry last Friday.

Biosensors announced the clinical results of BEACON at the Transcatheter Cardiovascular Therapeutics 2007 (TCT) conference, held in Washington D.C., US in October 2007 that showed BioMatrix demonstrated safety and effectiveness based on the 12-month data that reported a 2.1 percent rate of target vessel revascularization and 6.5 percent Major Adverse Cardiac Events (MACE) over a 360-day period.

Biosensors develops, manufactures and markets innovative medical devices used in interventional cardiology and critical care procedures. Biosensors is well-positioned to emerge as a leader in drug-eluting stents and has developed a pipeline of next-generation products that are set to gain market share from traditional therapies such as conventional drug-eluting stents, bare-metal stenting and open-heart surgery. It has three separate drug-eluting stent programs, BioMatrix®, Axxion™, and BioFreedom™, a completely polymer-free drug-eluting stent.

CNA Consortium Wins US$110 Million MEP Contract As Part Of The Building Of Dubai's Nad Al Sheba Racecourse

CNA Group Ltd. (CNA) announced today that a consortium involving its Dubai-based subsidiaries, CNA Integrated Technologies LLC (CNA Integrated) and Al Hani Gulf Contracting LLC (Al Hani), has bagged a prestigious contract to design, build and implement a customised Mechanical, Electrical and Plumbing (MEP) system for Dubai’s Nad Al Sheba Racecourse. This latest win is CNA’s first ever implementation for a race course and is also its largest-scale project yet in the Middle East since its expansion there in early 2006.

The MEP contract, which is a part of a state-led effort to build a world class racing complex in Dubai, is valued at a contract size of US$110 million (approximately S$154 million) and will be jointly executed by CNA Integrated and Al Hani with KBK Dubai Contracting LLC (KBK), a 49 per cent-held associate company of Kejuruteraan Bintai Kindenko Sdn Bhd, which in turn is a wholly-owned subsidiary of Bintai Kinden Corporation Berhad, a company listed on the Mainboard of Bursa Malaysia Securities Berhad. KBK is a leading specialist in mechanical and electrical engineering works. The contract involves the supply, delivery and installation of MEP works for the Grandstand and Boathouse sections of the racecourse complex. Under the terms of the consortium, Al Hani and KBK will jointly work on the MEP solution and implementation while CNA Integrated will be responsible for overseeing the management and execution of the project and will also take the lead in installing the ELV (Extra Low Voltage) systems. They will receive 30 per cent, 40 per cent and 30 per cent respectively of the project’s profits from income which will be paid on a progressive basis.

Expected to be completed by 31 October 2009, the project which commences immediately is expected to contribute to the Group’s earnings for the financial years ending 31 December 2008 (FY2008) and 31 December 2009 (FY2009). The project, which marks a breakthrough for CNA into the multi-million dollar projects category in the Middle East, reinforces CNA’s confidence about the pace of infrastructure development in that market.

CNA Group Ltd. (“CNA”) 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. To complement its core control and automation business, CNA has a product division that distributes reputable and branded building automation systems in addition to its traditional air filter products. In late May 2006, CNA added a new dimension to its business strategy when it acquired a stake in Beijing Herocan Environmental Engineering Tech Co. Ltd (“Herocan”) a leading one-stop provider of water and waste treatment solutions in China. The move which allowed the Group to springboard into the fast-growing water and environmental sector in China is in line with CNA’s efforts to expand into or invest in businesses with strong growth potential.

AssGlobal Voice Group Expands Its IP l nex Range Of High-Performance Global IP Solutions With Global Crossing

Global Voice Group announced that it has expanded its IP¦nex product range. The expansion will bolster the redundancy of its next generation suite of scalable, high-performance, Internet Protocol (IP) solutions through IP Transit provided by Global Crossing. The industry-wide shift to all IP communications, whether for voice, video or data communications, has created a huge challenge to deliver scalable, high-performance IP access, in a redundant, zero-downtime environment. IP|nex enables corporations, carriers and service providers to harness the power of IP for rapid, low-cost and high performance access to information and connect regions, customers and partners.

IP|nex simultaneously consolidates multiple IP Transit providers through one connection to the client. It taps into Tier-1 global IP providers including Global Crossing, among others, depending on the client’s requirements. It also delivers real-time optimization of traffic routing for maximum performance and minimal latency through its more than 10,000 peering relationships and customers can enjoy a single service level agreement (SLA), centralized control management, one bill and one point of contact for global IP solutions. Global Voice Group can deliver IP|nex door2door through its wholly-owned, low-latency pan-European network. Constructed at a cost of €1.3 billion, Global Voice Group owns and operates one of Europe’s highest-capacity fiber-optic networks that combines “long-haul” fiber networks (Germany, Netherlands, United Kingdom, France and Belgium) with “last-mile” (Frankfurt, Munich, Berlin, Stuttgart, Hanover, Hamburg, Düsseldorf, Cologne, Paris, Amsterdam, Rotterdam, The Hague, Utrecht, London and Dublin). In addition, IP|nex will be offered via the recently announced euro-one alliance – a collaboration of Europe's leading fiber-optic network providers to deliver infrastructure and next-generation networking solutions connecting Central, Eastern, Western Europe and North America, connecting more than 350 cities through more than 1,000 points of presence.

IP¦nex suite of services include IP Transit for the fastest, most redundant Internet transit and VPN¦nex for fully managed, highly secure, global VPNs. Global Crossing is one of the leading providers of IP solutions worldwide and operates an integrated global IP-based network, connecting more than 390 cities in 30 countries around the globe. Consequently, customers are not only enabled with Global Voice Group’ extensive pan-European all-fiber network, but also allied to a secure global IP platform, providing scalable, high performance IP transit connectivity with minimum hop, minimum latency and minimum packet loss - all under the highest industry service level agreements.

Global Voice Group owns and operates one of Europe’s highest capacity fiber networks and provides mission critical communication infrastructure and services to large corporations, carriers, and service providers. Constructed at a cost in excess of €1.3 billion, Global Voice Group’s all-fiber optic network uniquely combines ”long-haul” intercity network linking Europe’s largest economies, with high density ”last-mile” metropolitan fiber networks in 15 of Europe’s leading cities. Global Voice was recently awarded the prestigious title of “Best New Entrant” by leading telecommunications publication, Capacity Magazine. The award was granted to Global Voice following their acquisition of a pan-European fiber network thus extending their unique proposition of delivering private fiber networks – an offering the judges felt is of immense value to large corporations and carriers alike. Global Voice is a member of euro-one – a unique collaboration fiber-optic network providers to deliver infrastructure and next generation networking solutions, connecting Eastern, Central and Western Europe and North America (www.euro-one.com).

Boustead Enters Joint Venture In Vietnam

Boustead Singapore Limited (the Company) announced that the Company had on 4 March 2008, subject to the fulfillment of certain conditions, entered into a joint venture (Joint Venture) with Asia-Pacific Strategic Investments Limited (APS) and Representations International Incorporated (RII) (collectively the JV Parties) to develop, manage and operate certain projects in Vietnam (the Business). To this end, a conditional shareholders agreement dated 4 March 2008 was entered into between the JV Parties.

The Joint Venture envisages that the Company dilutes part of its interest in its wholly owned subsidiary Optivest Investments Pte Ltd (Optivest). Following such dilution, Optivest will cease to be a wholly owned subsidiary of the Company but will remain an associate. In the Joint Venture, the Company will hold 30 per cent, APS 60 per cent and RII 10 per cent of the equity interest in Optivest respectively. In addition, the JV Parties shall provide the sum of US$1.0 million to Optivest as initial capital on a pro rata basis in accordance with their respective shareholding, to enable it to meet its initial funding requirements and expenses. The JV Parties will also provide a further sum of US$11.0 million to Optivest on a similar pro rata basis at such time as required for further project funding purposes. In addition, the Company will, either directly or through its subsidiaries, provide engineering, procurement and construction services to Optivest and/or its subsidiaries to carry out various projects in Vietnam.

The Joint Venture is in line with the Company’s strategy to focus on its core business of, inter alia, providing engineering, procurement and construction services. The Joint Venture will not have any material impact on the net tangible asset value per share and the earnings per share of the Company for the current financial year ending 31 March 2008.

Established in 1828, Boustead Singapore has grown into a progressive global Engineering Services & Geo-Spatial Technology Group with transnational operations. Offering an extensive range of specialised engineering services and geo-spatial solutions, we deliver professional answers customised to meet the client's specific requirements in a vast array of industries.

 

 

Trek's Thumbdrive® SIM Poised To Unlock Vast VOIP Market Potentials

Trek 2000 International Ltd (Trek or the Group) has just unveiled its latest technological innovation – the ThumbDrive® SIM (TD SIM). This latest innovation creates a new channel for telecommunication service providers to enter the bludgeoning global VoIP market. The TD SIM houses an easily deployed plug-n-play VoIP client. Riding on Trek’s renowned ThumbDrive® solution, embedded in the USB Flash Drive are the VoIP software and a SIM card. The device is compatible with industrial standards including ISO/IEC 7816 and PC/SC standards. The TD SIM, which will run on Windows 2000 / XP / Vista systems, will also come with flash memory capacities of 1GB, 2GB and 4GB.

Currently, the VoIPs available in the market rides on telecommunication service providers selected by the VoIP software developers. Local telecommunication service providers usually have no access to the revenues generated by this growing segment of VoIP users. The TD SIM will immediately release the floodgates and allow telecommunication service providers to participate in the VoIP industry by offering the TD SIM VoIP service to their subscribers. This will help divert revenues back to the telecommunication service providers and enhance their competitiveness. Moreover, depending on the suite of services and costs that telecommunication service providers offer to their customers, they have the ability to access new customers, especially the group of IT savvy teenagers. Moreover, frequent business travelers will also find this service useful and cost efficient as the VoIP service has no geographical limitations with many countries now being broadband-internet enabled.

Consumers will also benefit as they can select their preferred telecommunication service providers. Through the TD SIM, they can receive call, send SMS and MMS messages on the same number through either their mobile phones or through their computers. This service is convenient and cost efficient. Users can receive roaming mobile phone calls at lower VoIP rates. They also have the ability to parallel, auto swap or manual-swap between the land line and the WAN VoIP and enjoy post-paid VoIP service. The small TD SIM device is easily portable and mobile for the user. Its authentication token will address security concerns. Furthermore, once activated, this device has the ability to provide e-wallet services to undertake transactions on ASP with online merchants. The TD SIM device is an intellectually protected solution. The patent for the TD SIM resides in Trek’s library of patents. Telecommunication service providers will therefore be assured of the quality of the TD SIM devices that they offer to their consumers. To demonstrate its commitment and confidence in its solutions, Trek is ready to offer daily technical support on a round-the-clock basis.

Trek 2000 International Ltd, an industry leader, innovator, original inventor and patent owner of the ThumbDrive® (i.e. USB flash Drive) offers state-of-the-art design solutions ranging from Mobile Media Solutions, Wireless, Anti-piracy, Compression and Encryption to sophisticated Enterprise Solutions all catering to the fast changing digital industry. Trek is represented all over the world and has offices in the U.S., Malaysia, Thailand, India, Hong Kong, Singapore, the Netherlands, China, the Philippines, Vietnam and Japan to serve the rapidly expanding markets in all regions. A public company on the Singapore Stock Exchange (SGX:TREK), Trek 2000 International Ltd is named by Forbes Global as one of the Best Small Companies in the World for 2000 and 2002. Trek 2000 International Ltd is also ranked as the Best Managed Small Company in Singapore by AsiaMoney (of Euromoney).

Trek's CHEZ Solution Gains Acceptance By Singapore Government Agency

Trek 2000 International Ltd (Trek) was awarded a tender by one of the government agencies in Singapore. The government agency will be adopting Trek’s Chez Solution to enhance its data encryption and security functions. Trek’s Chez Solution with the ThumbDrive® Hardware AES USB flash drive have been adopted by the government agency to protect its highly confidential data. This solution appropriately addresses stringent security requirements through its unique ability to empower an enterprise to ensure that only authorized mobile storage devices with specific encryption features can be used to in the enterprise’s IT environment. The security features embedded in the Chez Solution will only authorize the usage of specially encrypted USB flash drive and block access by all other mobile storages.

To further boost data accessibility, the government agency who has adopted the use of the Chez Solution has also paired it with the implementation of the Chez Central Management System (CMS). This CMS system will allow each Chez client to centrally control and manage its security policies. Supported by its dynamic function, the Chez CMS enables administrators to add on white and black lists easily. These lists serve to identify devices that can be accessed in the IT environment and bar specific unauthorized devices, respectively. Globally, many government agencies today are grappling with issues surrounding data security. Recent reports of data loss and theft involving government agencies around the world, for example – the US government lost personal data of 26.5 million veterans in 2007, have triggered actions to encrypt data stored in mobile storage devices. While this is a prudent and necessary policy, users often encounter a larger challenge – enforcement. The Chez Solution is designed to meet this challenge.

Created to fulfill stringent security and encryption needs, the security features incorporated in the ThumbDrive® Hardware AES USB flash drive further boost its ability to protect the data stored in the device by encrypting 100 per cent of its storage space. Further protecting all files stored in the device is its advanced hardware-based 256-bit AES encryption. Users are required to create a complex password during the set-up process. These twin security features, comprising encryption and password protection, makes it extremely difficult for unauthorized users to access data in the event the device is lost or stolen. In today’s IT-enabled world, mobile data storage is a norm. Inevitably, encryption and security requirements will garner increasing prominence, especially among government agencies requiring high levels of data mobility and security. In addition to the government agencies in Singapore, many government bodies in other countries are also evaluating the implementation of this system.

Trek 2000 International Ltd, an industry leader, innovator, original inventor and patent owner of the ThumbDrive® (i.e. USB flash Drive) offers state-of-the-art design solutions ranging from Mobile Media Solutions, Wireless, Anti-piracy, Compression and Encryption to sophisticated Enterprise Solutions all catering to the fast changing digital industry. Trek is represented all over the world and has offices in the U.S., Malaysia, Thailand, India, Hong Kong, Singapore, the Netherlands, China, the Philippines, Vietnam and Japan to serve the rapidly expanding markets in all regions. A public company on the Singapore Stock Exchange (SGX:TREK), Trek 2000 International Ltd is named by Forbes Global as one of the Best Small Companies in the World for 2000 and 2002. Trek 2000 International Ltd is also ranked as the Best Managed Small Company in Singapore by AsiaMoney (of Euromoney).

Memtech International Incorporates A Subsidiary

Memtech International Ltd. wishes to announce that the Company has incorporated a wholly-owned subsidiary Memtech Technologies Pte. Ltd. (MTPL) in Singapore. The principal activities of MTPL will be trading of electronic products. MTPL has an issued and paid-up capital of US$1 comprise of one ordinary share. The investment in MTPL will be funded through the Company’s internal resources.

The investment is not expected to have any material impact on the net tangible assets and earnings per share of the Company for the current financial year.

Memtech is an integrated precision moulded-components manufacturer for the mobile phone, IT equipment and automotive industries. We are a total solution provider for mechanical components including Keypads, lens and plastic components. In addition, we also design and manufacture antennas.

Order Book Another Record High With S$202 Million UOL Contract

United Fiber System Limited is pleased to announce that its wholly-owned subsidiary, Poh Lian Construction Pte Ltd (PLC) has been awarded a building contract worth approximately S$202 million by UOL Development Pte Ltd (UOL) for the Green Meadows condominium development located at Upper Thomson Road (The Project).

With the award of The Project, PLC has again set a new record high for its order book. PLC's order book which stands at S$348 million as at 31 January 2008 would see an immediate increase of 58 per cent to a new record high of S$550 million. This contract maintains the strong momentum achieved last year with the award of the Trillium development contract from Lippo Land Corporation. The two projects represent S$359 million worth of project procurement by PLC within a 6 month period and have further confirmed the position of PLC as one of the preferred high-quality building contractors in Singapore, putting the company well positioned to embark on a regional expansion strategy set early this year by the management.

The Project is expected to contribute positively to the Group and is expected to have a material impact on the current year’s results. PLC and UOL are currently working on finalising the details of the contract. The Board of Directors will make a further announcement on the financial impact on the Group's NTA and EPS of this contract upon finalisation of the pending items.

The Company was incorporated in December 1995 in the Republic of Singapore as Poh Lian Holdings Pte Ltd, a private limited investment holding company working in the construction industry. In conjunction with the initial public offerings, the Company was subsequently converted into a public limited company in May 1997 and changed its name to Poh Lian Holdings Limited. The Company has been listed on the main board of the Singapore Stock Exchange since then. In April 2002, the shareholders of the Company approved a plan to venture into the forestry and pulp businesses. The restructuring exercise involved the acquisition of the entire issued and paidup share capital of Anrof Singapore Ltd group of companies with a forest concession right and extensive forest plantations in Indonesia and with a licence to build and operate a bleached hardwood kraft pulp mill in Indonesia with an annual production capacity of 600,000 tonnes of pulp. The Company name was changed to United Fiber System Limited ("UFS") to reflect the new core businesses of forestry and pulp production.

 

CEO's Walk The Talk

“..Our strengths have always been in the food and beverages (‘F&B') business since our inception in 1987 and our formula for success is a dual focus on product development and market development. In terms of product development, we strive to maintain our market leadership in 3-in-1 instant coffee while diversifying into non coffee-related products to augment our growth. As for market development, we will continue to penetrate our key Southeast Asian markets while opportunistically developing new areas. This dual focus is further supported by our brand building initiatives and advanced manufacturing operations.”

Teo Kee Bock
Chairman
Super Coffeemix Manufacturing Limited



Singapore's Most Promising Company Profile

Trek 2000 offers state-of-the-art design solutions ranging from portable storage devices, digital audio and video products to wireless and encryption – all catering to the fast changing digital industry. Trek has offices all over the world including the U.S., Malaysia, Thailand, India, Hong Kong, Singapore, the Netherlands, China, the Philippines and Japan to serve the rapidly expanding markets in all regions. A public company on the Singapore Stock Exchange (SGX:TREK), Trek 2000 International Ltd is named by Forbes Global as one of the Best Small Companies in the World for 2000 and 2002. Trek 2000 International Ltd is also ranked as the Best Managed Small Company in Singapore by AsiaMoney (of Euromoney).


 

 































 

Historical Price Data
 Date Open High Low Close
Volume  
06 Mar 2008 - - - -
0
05 Mar 2008 0.315 0.315 0.315 0.315
40,000
04 Mar 2008 0.315 0.315 0.315 0.315
10,000
03 Mar 2008 0.320 0.320 0.315 0.315
21,000
29 Feb 2008 0.315 0.315 0.315 0.315
30,000


Fundamentals
Historial EPS ($) a
  0.03223
Rolling EPS ($) e
  0.03223
NAV ($) b
  0.2488
Historical PE
  9.618
Rolling PE f
  9.618
Price / NAV b
  1.246
Dividend ($) d
  -0.030000
52 Weeks High
  0.410
Par Value ($)
  n.a.
Dividend Yield (%) d
  9.677
52 Weeks Low
  0.285
Market Cap (M)
  91.624
Issued & Paid-up Shares c
  295,562,000
 
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 26/02/2008. 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

04 Mar 2008

Trek's CHEZ Solution Gains Acceptance By Singapore Government Agency

03 Mar 2008

Trek's Thumbdrive® SIM Poised To Unlock Vast VOIP Market Potentials

03 Mar 2008

Query Regarding Full Year Financial Statement Announcement For The Year Ended 31 December 2007 ("Results Announcement")

25 Feb 2008

Full Year Financial Statement And Dividend Announcement

25 Feb 2008

Trek Reports 24% Rise In Net Profit After Tax




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