Soilbuild Group Holdings Ltd announced the clinching of a Concept-and-Fixed Price
Tender (CPT) from JTC Corporation (JTC). The award is to develop a landmark distinctive five-storey business facility at Tanjong Kling will add some 1.4 million square feet (sq ft) of business space to its growing portfolio of business space for SMEs and MNCs.
With a land area of 52,568 square metres (sq m) and a plot ratio of 2.5, the site for the new business hub can be developed up to a maximum gross floor area of 131,420 sq m. The landmark gateway development will comprise 45 modular and regular-shaped units, with sizes ranging from 2,200 sq m to 5,600 sq m. The site is on a 30-year lease, with the option to renew for a further 30 years. Being conveniently situated close to Jurong Island, the factories will cater to large corporations or MNCs in the marine engineering, supporting oil & gas exploration, as well as supporting industries for the growing petrochemical-related industries on Jurong Island.
The development is expected to be cost about S$208 million and will take about 22 months to complete. Soilbuild is an integrated property developer with an established track record of more than 30 years, whose portfolio includes residential and business space properties. Led by an experienced management team that blends a strong entrepreneurial spirit with extensive technical expertise, the Group has a unique business strategy. It enhances returns and manages risks by shortening its investment-to-sales cycle. By leveraging on its strengths in design and innovation, Soilbuild maximises yields on its properties. The Group has successfully acquired and developed a range of residential properties, mainly in prime urban districts. Projects under development include Leonie Parc View and One Tree Hill Residence, and completed properties include Pinnacle 16.
Sunpower Group Ltd. (Sunpower or the Group) announced that the Group’s wholly-owned subsidiary, Jiangsu Sunpower Technology, has been awarded the contract to supply pressure vessels to PRC’s leading polysilicon manufacturer Jiangsu Zhongneng Polysilicon Technology Development Co. Ltd.
The contract stipulates the manufacturing and supply of pressure vessels for Jiangsu Zhongneng for the third phase of its polysilicon project.
The contract is worth approximately RMB74 million and is expected to complete by the second half of this year. It is also expected to have a positive impact to FY2008 performance.
PRC-based Sunpower Group Ltd. specializes in the design, R&D and manufacture of customized energy saving and environmental protection products using heat transfer technologies. Its products range from heat pipes and heat exchangers to pipe supports, waste gas and energy recovery systems, and pressure vessels. They are used in various industries such as petrochemical, steel and transportation, particularly in energy projects that benefit from the products’ energy-saving features. Sunpower has a strong customer base and is a member of both China Petroleum and Chemical Corporation (SINOPEC) materials supply network and China National Petroleum Corporation (CNPC) first-tier network. These memberships pre-qualify the Group to supply products to companies in the SINOPEC and CNPC groups. Till date, the Group has 11 patents registered in China to its proprietary heat technologies.
Tung Lok Restaurants (2000) Ltd (the Company) announced that its wholly-owned subsidiary, TLG Asia Pte. Ltd. has incorporated a wholly-owned subsidiary, Shin Yeh Restaurant Pte. Ltd. (Shin Yeh) in Singapore pursuant to Rule 704(15)(c) of the Listing Manual.
Shin Yeh has an initial paid-up capital of S$1.00.
The principal activities of Shin Yeh are that of a restaurant business.
Tung Lok Restaurants (2000) Ltd is Singapore's leading innovative restaurant chain. Offering a distinct and multi-sensory dining experience at each of its restaurants, the Tung Lok group of restaurants has grown to become popular dining venues for discerning local and international diners. Each Tung Lok outlet bears the hallmark values of quality food, excellent service and unique dining concepts. This trinity has led the group to win numerous accolades from the F&B industry, including awards from Asia's premier gourmet event - the World Gourmet Summit. Tung Lok has also been a regular host to internationally acclaimed chefs. In 2002, Tung Lok hosted guest chef Zhang Jin Jie from Beijing, and this not only resulted in a successful promotion during the Summit, it was also instrumental in the creation of Tung Lok's latest restaurant, My Humble House at The Esplanade, Theatres on the Bay.
Zhonghui Holdings Ltd. (the Company)
announced that the Company intends to undertake a notes issue to Pacific Capital
Investment Management Limited (Pacific Capital) of unsecured non-interest bearing
notes due 2011 in aggregate principal amount of up to S$12 million (the Notes) (the
Notes Issue). The Notes Issue is conditional upon, inter alia, the in-principle approval being obtained from the Singapore Exchange Securities Trading Limited (the SGX-ST) for the listing and quotation of the new shares to be issued upon conversion of the Notes (the Conversion Shares) on the Official List of the SGX-ST, and the specific shareholders’ approval for the Notes Issue being obtained at an extraordinary general meeting to be convened.
The Company will make an application to the SGX-ST for the listing of the Conversion
Shares. An appropriate announcement on the outcome of the application will be made and a circular to shareholders containing information on the Notes Issue will be dispatched, in due course. The Notes shall be convertible at the option of the holder of the Notes into ordinary shares in the capital of the Company, subject to the provisions of the subscription agreement to be entered into between the Company and Pacific Capital following the specific shareholders’ approval being obtained, at a conversion price (the Conversion Price) to be determined in accordance with the terms and conditions of the Notes and subject to such adjustments as to the Conversion Price.
The proceeds from the Notes Issue will be used by the Company for general corporate purposes and for working capital. Pacific Capital is a boutique institutional fund based in the United Kingdom with investments in the global emerging markets. The subscribers of Pacific Capital are pension funds and private equity funds. None of the directors and shareholders of Pacific Capital are related to or associated with any of the directors or substantial shareholders of the Company.
Zhonghui provides turnkey services involving the supply of entire domestic solid waste management systems that are designed to better serve the needs of the PRC market and are more suitable to treat the types and quality of domestic waste in the PRC. It mainly undertakes projects providing fully integrated solid waste management systems for municipalities.
Sinopipe Holdings Limited (Sinopipe) and its subsidiaries (collectively the Group), who are engaged in the design, manufacture, distribution and installation of a variety of plastic pipes and pipe fittings, announced today that its 57.51 per cent owned subsidiary, Inner Mongolia Aton Plastics Co., Ltd. (Aton Inner Mongolia) has successfully completed the relocation of its production facility from its old premises at Ruyi Development Zone to the new premises at Jinshan Econ-Tech Development Zone, both in Huhhot City, Inner Mongolia, the People’s Republic of China (the PRC). The gross floor area of the new premises is approximately 4,919 square metres, an increase from approximately 3,791 square metres at the old premises.
Established since 1994, we (Sinopipe Holdings Limited and its subsidiaries) are primarily engaged in the design, manufacture, distribution and installation of a variety of plastic pipes and pipe fittings for use in various types of piping systems and networks in applications such as drainage and sewerage, water supply, telecommunication, power supply, water saving irrigation and gas supply. We have 10 production facilities located across the People’s Republic of China (the PRC) and we sell our products through a distribution network comprising eight subsidiaries, nine branch offices, three independent provincial distributors and various independent sub-distributors with smaller geographical coverage within the PRC. Our products are sold under our registered brand names of “Aton” and “SUN”. Aton targets at the higher-end market while SUN caters to customers from the rural areas or projects with lower budget.
“…Our ladies footwear retail activity remains the top priority in our business model. To satisfy the diversifying market niches, we will engage in multi-brand portfolio building to form a 6 to 8 brand package in the next 2-3 years, achieved through either in-house brand development or collaborations with renowned foreign partners. In addition, to capitalize on the booming retail industry, our sales network will be further enlarged as we have plans to establish another 260 stores, comprising 200 for our in-house brands and 60 for the cooperative brands with Brown Shoe.”
Hongguo International Holdings Limited