17 November 2008
Name Volume
GoldenAgr 529,191,000
HSI14800MBLeCW081230 433,165,000
China Hongx 231,027,000
HSI13200MBLePW081230 186,659,000
Noble Grp 180,526,000
Name Value
DBS 396,153,883
UOB 292,451,314
Capitaland 289,731,199
SingTel 278,500,746
HSI14800MBLeCW081230 207,302,810
Name Price Chg
OCBC Bk 5.1%NCPS 100 90.500 +1.300
UOB 5.05%NCPS 100 90.000 +1.000
JMH 400US$ 21.500 +1.000
OCBCCap 5.1%NCPS 100 84.600 +0.600
HSI16200MBLePW081127 1.250 +0.450
Note: Weekly movement as at 14 November 2008
Singapore: January Budget to arrest economic slide
Singapore: Credit Suisse’s mega IT hub rises in Singapore
New York : New York – Wall St strains to break 'vicious cycle'
Singapore : Funds want voice for their buck at AGMs 
SingTel : SingTel sees job cuts as a last resort 
Malaysia : KL tweaks long-standing 30% bumi equity rule 
Singapore : Sands skimps on Macau, bets on Singapore 

Washington : Washington – GM’s skid quickens as bankruptcy fears rise

China Printing & Dyeing Holding Limited
Appointment of Interim Judicial Managers

China Printing & Dyeing Holding Limited (the "Company") had announced on 10 November 2008, that it had made a judicial management application to the Singapore High Court, and had also applied for the appointment of Interim Judicial Managers.

The Board of Directors (the "Board") of the Company now wishes to announce that the Company has obtained an order from the Singapore High Court today for Chay Fook Yuen and Tay Puay Cheng of KPMG Advisory Services Pte. Ltd. to be jointly and severally appointed as the Interim Judicial Managers pending the making of a judicial management order or until further order.


Tat Hong Holdings Ltd
Establishment of a new Joint-Venture enterprise in the PRC

The Board of Directors of Tat Hong Holdings Ltd (the “Company”) announced that the Company via its 100% owned subsidiary, Tat Hong Equipment (China) Pte Ltd (“THEC”) had, on 10 November 2008, entered into a Memorandum of Understanding (“MOU”) with Fushun Yongmao Construction Machinery Co., Ltd, a wholly owned subsidiary of Yongmao Holdings Ltd (“Fushun Yongmao”) to jointly establish a joint-venture enterprise in the P.R.C. to be named Beijing Tat Hong Equipment Rental Co., Ltd (“BJTH”) for the purpose of engaging in the business of rental of towercrane in P.R.C.


Kingsmen Creatives Ltd
Kingsmen Secures Universal Studios Singapore Contracts Worth A Total Of S$59.5 Million

Kingsmen Creatives Ltd (“Kingsmen” or “the Group”), a leading communications design and production group in Asia Pacific and the Middle East, announced that it has been awarded two contracts worth a total of S$59.5 million by Resorts World at Sentosa Pte Ltd’s appointed main contractor, China Jingye Engineering Corporation Limited (Singapore Branch).

The first contract worth S$42.5 million is for the Group to design and build the themed façade, and provide area development works for part of Universal Studios Singapore, while the second contract valued at S$17 million is to design and build interior fit-out works for food & beverage and retail/merchandise outlets within the Universal Studios Singapore theme park.


Advanced Holdings
Incorporation Of A Joint Venture Company In People's Republic Of China

The Board of Directors of Advanced Holdings Ltd. (the "Company") announced that its wholly-owned subsidiary, Advanced Resources Holdings Pte Ltd (“ARH”), has incorporated a joint venture company, Advanced XianXing Water Reclamation (Yanting) Co., Ltd (“Advanced XianXing”), in Sichuan, People’s Republic of China. The principal activity of Advanced XianXing is to build and operate a wastewater treatment plant in the Yanting County, Sichuan Province.

Under the joint venture agreement, ARH will own 51% of Advanced XianXing while the other joint venture partner will own the remaining 49% of Advanced XianXing. The proposed total investment in this joint venture is approximately S$4.40 million.


Riverstone Holdings Limited
Acquisition Of Property And Fixed Assets

The Board of Directors of Riverstone Holdings Limited (the "Company") and with its subsidiaries, (the "Group") announced that its wholly-owned subsidiary, Sinetimed Consumables Sdn. Bhd. (“Sinetimed”), has entered into a Sale and Purchase Agreement on 7 November 2008 with WRP Sinetimed Sdn. Bhd. to acquire certain property and fixed assets for a total cash consideration of approximately RM$8.5 million (“Consideration”).

The Consideration was based on fair market value arrived at on a “willing buyer and willing seller” basis. The transaction was entered into as part of the Group’s expansion plans and will be financed through internal resources.


Sunningdale Tech Ltd
(1) Retirement Of Chief Executive Officer And Chief Operating Officer
(2) Appointment Of Chief Executive Officer-Designate And Executive Director

The Board of Directors of Sunningdale Tech Ltd announced the retirement of Mr Koh Boon Hwee as Chief Executive Officer and Dr Ng Boon Hoo as Chief Operating Officer on 31 December 2008.

Mr Khoo Boo Hor, currently the Group Operations Director, will be appointed as CEO-designate and Executive Director with effect from 10 November 2008 and will assume the CEO’s position on 1 January 2009.


Marco Polo Marine Ltd
Increased In Paid-Up Capital Of Joint Venture Company

The Board of Directors of Marco Polo Marine Ltd (the “Company”) announced that MPST Marine Pte Ltd, a company which the Group has a 50% equity interest held through its wholly-owned subsidiary, Marco Polo Shipping Co Pte Ltd (“MP Shipping”), had increased its issued and paid-up share capital from S$2.00 to S$500,000.00 by the allotment of 499,998 ordinary shares at S$1.00 each via the capitalization of an amount of S$249,999 due to MP Shipping and an amount of S$249,999 due to STSM Pte Ltd, a subsidiary of the joint venture partner.

Following the additional allotment of shares, MP Shipping’s interest in MPST increased from S$1.00 to S$250,000.00 while maintaining its 50% shareholding in the joint venture.


China Aviation Oil (Singapore) Corporation Ltd
New chairman appointed

China Aviation Oil (Singapore) Corporation Ltd ("CAO" or “the Company”) announced that Mr Lim Jit Poh is stepping down as Independent Chairman with effect from November 14, 2008. Dr Wang Kai Yuen, current Independent Director of CAO, will be appointed as Chairman with effect from the same day. Mr Ang Swee Tian will be appointed as a new Independent Director in place of Mr Lim on the same day.


China Essence Group Ltd (“China Essence” or “the Group”) is an integrated producer of potato products in the PRC, engaged in the production, supply and sale of potato starch, potato starch-based products and potato by-products. The Group’s potato starch-based products include vermicelli, five-grain noodles and starch strips while by products include that of potato fibre and protein.

For the first half ended 30 September 2008 (“1H FY2009”), the Group reported an 8.5% net profit growth on the back of a 39.1% increase in revenue. Mr Zhao Libin, Chairman and CEO of the Group, said, “We are pleased to achieve a set of good half year results, driven mainly by improved performance across all our product segments. Riding on continued strong support from customers and our established market standing, China Essence will focus on capitalising demand opportunities in the PRC potato starch and related products industry through organic expansion for our future growth.”

Group revenue surged 39.1% to RMB359.7 million in 1H FY2009 as compared to the previous corresponding period (“1H FY2008”), driven mainly by higher sales volume and a 11.9% increase in average selling prices of potato starch. Sales of potato starch leaped 88.2% to RMB196.1 million, accounting for 54.5% of the Group’s 1H FY2009 revenue. This is due to increased demand from existing and new sales distributors, following the implementation of anti-dumping regulations on potato starch producers from the European Union in February 2007.

The Group sells its products through its distributors’ sales and distribution networks covering 48 cities in 21 provinces and municipalities in the PRC. China Essence’s products are currently sold under its brand names of "碧港", "东北" and "水牛".

 Date Open High Low Close Volume  
14 Nov 2008 0.305 0.305 0.300 0.305 612,000
13 Nov 2008 0.300 0.305 0.300 0.300 403,000
12 Nov 2008 0.305 0.315 0.305 0.305 100,000
11 Nov 2008 0.310 0.310 0.295 0.300 340,000
10 Nov 2008 0.270 0.295 0.270 0.295 471,000

Historial EPS ($) a
Rolling EPS ($) e
NAV ($) b
Historical PE
Rolling PE f
Price / NAV b
Dividend ($) d
52 Weeks High
Par Value ($)
  HKD 0.500
Dividend Yield (%) d
52 Weeks Low
Market Cap (M)
Issued & Paid-up Shares c
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 22/09/2008. 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
g Based on latest results announcement (Full Year, Half Year or Interim), adjusted for the current number of shares. Cash value does not include bank loans or other borrowings.

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