WEEK’S TOP VOLUME WEEK’S TOP VALUE WEEK’S TOP GAINER
6 October2008

IPO

HIGHLIGHTS





Qian Feng Fabric Tech Limited

Qian Feng Fabric Tech Limited is an integrated manufacturer of high quality functional knitted fabrics applicable in a wide variety of products including casual wear, sportswear, shoes and bags. With our products used in reputable international and PRC brand names, we are well-positioned to ride on the global rise in affluence and growth of the PRC textile industry.

Strategically located in Fujian Province "one of the PRC's largest fabric producing provinces" we are principally engaged in the production.

Name Volume '000
GoldenAgr 339,747
Noble Grp 131,603
SingTel 129,833
Capitaland 125,222
HSI18400MBLePW081030 111,591
Name Value
DBS 568,841,240
SingTel 412,484,850
Capitaland 378,633,706
UOB 366,334,282
OCBC Bk 327,654,292
Name Price Chg
HSI20800MBLePW081030 1.230 +0.330
HSI 20000DBePW081031 1.010 +0.315
STI 3000SGAePW081230 1.380 +0.310
STI 2800SGAePW081030 0.980 +0.270
KepCorp SGAePW081020 0.770 +0.250

Weekly movement as at 3 October 2008

    NEWS REVIEW - WEEK IN REVIEW

Hosen Group : Extends deadline for share placement deal to take over China firm More Winner Investment.
UOB Kay Hian : Picked as top IPO underwriter according to Bloomberg data.
ST Engineering : Secures project for the second phase of the Egyptian Navy's Fast Missile Craft valued at US$642 million.
Metax Engineering Corporation : Inks MOU with RWE for the building of plant oil mill effluent treating plants in South East Asia.
Cityneon Holdings : Sees Star Publications join bidding war for the events company's shares offering 58 cents per share against Yellow Pages' 55 cents per share bid.
China Kunda Technology: IPOs 95.3 million shares ar 21.5 cents a share.
Keppel Shipyard: Secures two projects valued at $150 million to upgrade, modify and convert two vessels.
Youcan: To dispose of whole ice-cream stock in Singapore in light of Chinese milk scandal.
Genting International: Subscribed to additional 300 million new ordinary shares in Resorts World at Sentosa for $300 million raising stake from 1.7 billion shares to 300 million new shares.
Comfort DelGro: Acquires Liverpool, UK-based Meyerside Radio Meter Cabs Ltd for $2.07 million.


INVESTOR RELATIONS ALERT


Parkway Life REIT Strengthens Position In Nursing Homes Market In Japan

Parkway Trust Management Limited (the Manager), the manager of Parkway Life Real Estate Investment Trust (PREIT) announced that HSBC Institutional Trust Services (Singapore) Limited, as trustee of Parkway Life REIT (the Trustee), through its wholly owned-subsidiary Parkway Life Japan3 Pte Ltd, had entered into a Tokumei-Kumiai agreement in relation to the acquisition of seven nursing homes located in Japan which have been acquired by GK Healthcare 1, a Godo Kaisha, on 29th September 2008, at a total purchase price of ¥7,845,200,000 (approximately S$105.7 million) and that the acquisition has been completed today. The seven nursing homes were acquired from a wholly owned-subsidiary of Kenedix Inc, a real estate investment corporation in Japan with ¥840 billion (S$11.3 billion) of assets under management...more>>

Parkway Life Reit Establishes Wholly-Owned Subsidiary - Parkway Life Japan3 Pte Ltd

Parkway Trust Management Limited, as manager of Parkway Life Real Estate Investment Trust (Parkway Life REIT) announced that HSBC Institutional Trust Services (Singapore) Limited, as trustee of Parkway Life REIT, has acquired Parkway Life Japan3 Pte Ltd as its wholly-owned subsidiary...more>>

Payment Of Management Fee By Way Of Issue Of Units In CapitaRetail China Trust

CapitaRetail China Trust Management Limited, as manager of CapitaRetail China Trust (CRCT and the manager of CRCT, the Manager) announced that 508,037 units in CRCT (Units) have been issued to the Manager today as payment of the performance component of the Management Fee (as defined in the Trust Deed) for the period from 1 April 2008 to 30 June 2008. (both dates inclusive)...more>>

TeleChoice Forging Close Ties With StarHub

Planet Telecoms, a subsidiary of TeleChoice International Limited (TeleChoice) opened a second flagship StarHub store located at Sembawang MRT station. This follows the first StarHub mega shop at IMM Building, also fully operated by Planet Telecoms, which opened on 20 January 2007...more>>

Chemoil & Adani Form Joint Venture

Chemoil Energy Limited announced that it has signed an exclusive joint venture agreement with the NSE-listed Adani Enterprises Limited (NSE: ADANIENT). The Adani Group is one of the most dynamic conglomerates in India with diversified businesses and is the developer of the Mundra Port. This will enable the joint venture, Chemoil-Adani Private Limited to begin supplying marine fuel in the port as its first step to expanding presence throughout the Pan-Indian fuel oil and petroleum product markets...more>>

CRCT to acquire Phase 21 of Xizhimen Mall, Beijing

CapitaRetail China Trust Management Limited (CRCTML), the manager of CapitaRetail China Trust (CRCT)announced that HSBC Institutional Trust Services (Singapore) Limited (the Trustee), as trustee of CRCT, has via CRCT’s wholly owned subsidiary, CapitaRetail Beijing Xizhimen Real Estate Co., Ltd., entered into a conditional sale and purchase agreement with Beijing Finance Street Construction Development Co. Ltd (the Vendor) for CRCT to acquire Xizhimen Mall Basement 1 Extension (Phase 2) at a purchase price of RMB163.5 million (S$32.7 million). Xizhimen Mall is part of Xihuan Plaza, which is an iconic mixed-use development strategically located at Xizhimen inter-modal transportation hub in the western part of Beijing. The total acquisition consideration, including the purchase price, capital expenditure and other acquisition related fees and costs, amounts to approximately RMB195.0 million (S$39.0 million). The proposed acquisition, which is intended to be fully funded through external debt and internal cash reserves, is expected to be completed by First Quarter 2009. Following the acquisition, CRCT’s gearing is expected to be 32.3 per cent...more>>

Raffles Education Corp Establishes New College In Tianjin, China

Raffles Education Corporation Limited (RafflesEducationCorp or the Group) announced that it has received approval from the Tianjin Education Bureau to establish a joint cooperative education project with its Tianjin University of Commerce Boustead College in Tianjin, China...more>>

Karin's Subsidiary Signs Business Partner Agreement With IBM

KARIN Technology Holdings Limited (KARIN or the Group) announced that Compucon Computers Limited (a wholly owned subsidiary of KARIN) (Compucon) had signed a Business Partner Agreement with IBM Singapore Pte Ltd (IBM)...more>>

Qian Hu Spearheads Cutting-Edge Research On In-Vitro Breeding Of Pedigree Dragon Fish

Qian Hu Corporation Limited (Qian Hu) announced that the second phase of research on the Asian arowana, which will eventually yield “pedigree” or “tailor-made” fish, has commenced...more>>

CH Offshore Enters Vessel Charter Agreement

CH Offshore Ltd (the Company) announced that the Company has today entered into a bareboat charter (the Charter) of a new 12,240 brake horse power, 150 ton bollard-pull anchor-handling tug/supply vessel (the Vessel) with a third party...more>>

CAO to Commence Petrochemicals Business

China Aviation Oil (Singapore) Corporation Ltd (CAO) announced that it will commence its petrochemicals trading business from Q4 2008. Following the announcement of its corporate strategy in February 2008, CAO had commenced jet fuel hedging and trading activities on a small scale. As part of its strategy implementation, CAO will gradually commence trading of other oil products when market conditions are conducive. The petrochemicals trading activities will be governed by the set of policies/standards and procedures defined in CAO’s Risk Management Manual, Traders’ Guidelines and other compliance-related policies. Clearly defined trading risk limits have been set and approved by the Risk Management Committee, a Board Committee of CAO, to ensure that the risk appetite of the petrochemicals trading business is commensurate with the financial resources and trading capabilities of CAO...more>>

China Milk Products Group's Raw Milk Passed The Tests Conducted By The Independent Laboratory

On 26 September 2008, samples of the Group’s raw milk were sent to an independent laboratory for testing, namely, Daqing Bureau of Products Quality Supervision and Inspection, a government laboratory accredited by the Heilongjiang Bureau of Quality and Technical Supervision which in turn is an affiliate of the General Administration of Quality Supervision, Inspection and Quarantine of the People’s Republic of China...more>>

Biosensors Announces Closure Of Netherlands-Based Manufacturing Subsidiary

Biosensors International Group, Ltd. subsidiary, Occam International, B.V. (Occam). On 26 May 2008, the Company publicly announced plans to either close or sell Occam and, prior to reaching its decision, explored several options, including the possible sale of the business...more>>

Darco Water Successfully Closes New Syndicated Loan Facility Amounting To S$40 Million

Darco Water Technologies Limited (the Company or Darco or the Group) announced that it has formally entered into a Syndicated Loan Facility Agreement (the Facility) with a group of international banks...more>>

OKP Secures S$6.8 Million JTC Contract For Road Construction And Infrastructure Upgrading

OKP Holdings Limited (OKP) has secured a S$6.78 million contract from the JTC Corporation (JTC). The deal, clinched through its wholly-owned subsidiary, Eng Lam Contractors Co (Pte) Ltd (EL), is for the construction of roads and infrastructure for Tukang Estate Phase 1A...more>>

Olam International Clinches The 2008 World Business and Development Award

Olam International Limited (Olam or the Group) takes the 2008 World Business and Development Award at the ceremony in New York on September 24, 2008. This award highlighted the company’s continued support of the Millennium Development Goals of the United Nations Development Programme...more>>

CEO’S INSIGHT

“…Our decision to establish operations in Peru is a strategically important one. We are now able to capture commercial opportunities presented by the strong global demand and hence selling prices for fishmeal, which are in turn driven by the rapidly growing aquaculture and animal farming industries worldwide. Given Peru's proximity to rich ocean resources in the South Pacific Ocean, this new thrust also complements the Group's overarching strategy of securing more long-term access to precious fishery resources.”


Mr Ng Joo Siang
Chairman
Pacific Andes (Holdings) Limited



LC HIGHLIGHT OF THE WEEK


Parkway Life REIT is Asia's largest healthcare REIT. Listed on the Singapore Exchange in August 2007, Parkway Life REIT invests in income producing real estate or real estate related assets in the Asia Pacific region (including Singapore) that are used primarily for healthcare and/or healthcare-related purposes. Following its successful listing on the Main Board of the Singapore Exchange Securities Trading Limited (SGX-ST) on 23 August 2007, it owns the largest portfolio of strategically located private hospitals in Singapore comprising Mount Elizabeth Hospital, Gleneagles Hospital and East Shore Hospital (together, the Hospitals). The Hospitals are supported by world class physicians and state-of-the-art medical equipment. The Trust’s highly experienced management team and initial body of assets laid a solid foundation to spur Parkway Life REIT’s growth in Asia. With the 5-year right of first refusal granted by PHL, both Parkway Life REIT and PHL provide an integrated and synergistic platform for the acquisition of hospitals and healthcare-related assets in the region, thus benefiting both in the efforts to expand in Asia.



 

 






























 

Historical Price Data
 Date Open High Low Close
Volume  
02 Oct 2008 0.975 1.040 0.975 1.040
789,000
30 Sep 2008 0.920 0.975 0.895 0.975
1,467,000
29 Sep 2008 0.930 0.960 0.910 0.950
213,000
26 Sep 2008 0.990 0.990 0.950 0.960
900,000
25 Sep 2008 0.970 0.990 0.965 0.975
286,000

Fundamentals
Historial EPS ($) a
  0.15070
Rolling EPS ($) e
  -
NAV ($) b
  1.3522
Historical PE
  6.603
Rolling PE f
 -
Price / NAV b
 0.736
Dividend ($) d
 0.022700
52 Weeks High
 1.260
Par Value ($)
  n.a.
Dividend Yield (%) d
2.281
52 Weeks Low
 0.855
Market Cap (M)
  599.076
Issued & Paid-up Shares c
  602,086,000
 
a Based on latest Full Year results announcement, adjusted for the current number of shares.
b Based on latest results announcement (Full Year, Half Year or Interim), adjusted for the current number of shares.
c Rounded to the nearest thousand. Updated on 28/07/2008. Please click here for more information.
d Distribution is based on latest Full Year results announcement and excludes special distributions.
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

Sep 29, 2008

Parkway Life REIT Strengthens Position In Nursing Homes Market In Japan

Sep 29, 2008

Acquisition Of Seven Nursing Homes Located In Japan

Sep 29, 2008

Establishment Of Wholly-Owned Subsidiary - Parkway Life Japan3 Pte Ltd

Sep 08, 2008

Notice Of Cessation Of Substantial Shareholding

Aug 18, 2008

Establishment Of S$500,000,000 Multicurrency Medium Term Note Programme