24 November 2008
Name Volume '000
HSI14800MBLeCW081230 266,879,000
GoldenAgr 260,088,000
Noble Grp 216,389,000
StraitsAsia 198,032,000
HSI13200MBLePW081230 185,795,000
Name Value
UOB 420,670,719
DBS 374,128,122
SGX 368,536,690
SingTel 257,746,346
OCBC Bk 175,688,740
Name Price Chg
GLD 10US$ 75.100 +2.880
OCBC Bk 4.5%NCPS 100 85.000 +2.200
STI 2500BNPePW081127 1.600 +0.400
OCBCCap 5.1%NCPS 100 85.000 +0.400
STI 2350BNPePW081230 1.550 +0.320
Note: Weekly movement as at 21 November 2008
 
Mumbai: India seen as leading wealth market by 2017
Singapore: GE in talks with four Asian SWFs: report
NOL : NOL to ship out 1000 workers worldwide
SPH : SPH tapping $150m in bank loans
Kuala Lumpur : Bursa to launch new trading platform
Singapore : Office space returns seen in year ahead
ComfortDelgro : ComfortDelGro buys Aussie bus company

Singapore : New exchange may be SGX’s friendly rival

China Taisan Technology Group Holdings Limited
China Taisan Becomes Major Supplier Of Knitted Performance Fabrics To Leading Sportswear Brand, Xtep

SGX Mainboard-listed China Taisan Technology Group Holdings Limited (“China Taisan” or the “Group”), a leading producer of knitted performance fabrics used in sports and leisure apparel for renowned brands, announced that it is now a major supplier of knitted performance fabrics to Xtep International Holdings Limited (”Xtep”).

China Taisan believes its strengths in producing consistent high quality fabrics, quick turnaround time, large production capacity, and innovative qualities have attracted prominent sports brands such as Xtep, a leading domestic fashion sportswear enterprise in the PRC.

China Taisan began working with Xtep 3 years ago, and after a recent trade fair, Xtep revealed to the Group that the Group is currently its major supplier of knitted performance fabric (supplying up to approximately 90% of its requirements).

Details..


Westcomb Financial Group Ltd
Acquisition Of Equity Interest In BV Advisory Associates Pte. Ltd.


The Board of Directors of Westcomb Financial Group Limited (“the Company”) announced that the Company had, on 18 November 2008, invested in BV Advisory Associates Pte Ltd (“BV Advisory”), an unrelated third party, by subscribing 24,988 ordinary shares, which is 19.99% equity interest in BV Advisory, at a cash consideration of S$24,988.

BV Advisory was incorporated in Singapore on 28 July 2008 and its principal activities are the provision of business management and consultancy services. The Board concluded that the investment in BV Advisory would provide synergistic value to the Group’s operations.

Details...


Chemoil Energy
Chemoil Appoints New Managing Director For Asia And Middle East Operations


SGX Mainboard-listed Chemoil (SGX-ST: CHEL.SI) announced on November 18 that with immediate effect, Mr Sanjay Anand, who is currently the Managing Director of Chemoil Logistics, will assume the role of Managing Director of Chemoil’s Asia and Middle East operations.

Mr Sanjay Anand was formerly operations and technical director of an 80-vessel ship management company in Hong Kong for 11 years. Prior to that, he worked with Lloyd’s Register of Shipping as an Engineering Surveyor for 6 years. During this period he conducted classification and statutory surveys, inspection of various types of vessels, heat exchangers including multi-layered vessels, nuclear reactors and space craft modules.

Details...


Advanced Holdings
Advanced Clinches "Best Financial Reporting" Award At IR Magazine South East Asia Awards


Advanced Holdings Ltd. (“Advanced” or the “Group”), a global supplier of proprietary process equipment and technologies, clean energy solutions and environmental technologies, announced that it has clinched top spot in the “Best Financial Reporting, Small or Mid Cap” category at the prestigious “IR Magazine South East Asian Awards 2008”.

During the annual awards ceremony held on 14 November at the Mandarin Oriental, Singapore, the Group was not only lauded for its clear and easy-to-understand financial statements, but also the inclusion of comprehensive disclosure statements.

Details...


Ezion Holdings Limited
Investment In Wholly-Owned Subsidiary


The Board of Directors of Ezion Holdings Limited (the “Company”) announced that the Company has established a wholly-owned subsidiary in the Bahamas under the name “Teras Harta Maritime Ltd” (the “Subsidiary”).

The total issued and paid-up capital of the Subsidiary is USD10,000.00. The principal activity of the Subsidiary is that of chartering of vessels.

Details...


Banyan Tree Holdings Limited
Increase Of Shareholdings In A Subsidiary


The Board of Directors of Banyan Tree Holdings Limited ("BTH") announced that its 80% owned indirect subsidiary, Triumph International Holdings Limited ("Triumph") had acquired the remaining 0.68% equity interest in its subsidiary, Gyalthang Dzong Hotel ("GDH") from an unrelated third party, resulting in GDH becoming Triumph's wholly-owned subsidiary ("Acquisition").

GDH, which is incorporated in the People's Republic of China ("PRC"), has a registered and paid-up capital of RMB8,800,000/- (approximately S$1,970,000/-) and is principally engaged in the business of a hotel operator in the PRC.

The consideration for the Acquisition amounted to RMB60,000/- (approximately S$13,420/-). The consideration was arrived at on a willing-buyer, willing-seller basis, and was paid in cash from internal resources. GDH has a net liability value of RMB12,838/- (approximately S$2,880/-) and the consideration paid is taken as goodwill arising on consolidation.

Details...


Tat Hong Holdings Ltd
Incorporation Of Tat Hong Flo-Line Pte. Ltd.


The Board of Directors of Tat Hong Holdings Ltd (hereinafter referred to as “Tat Hong” or the Company”) announced that its wholly owned subsidiary, Tat Hong Machinery Pte Ltd (hereinafter referred to as “THM”) together with Flo-Line Holdings Pte Ltd (hereinafter referred to as “Flo-Line”) have incorporated Tat Hong Flo-Line Pte. Ltd. (hereinafter referred to as “ THFL”).

THM and Flo-Line shall hold 60% and 40% respectively in THFL and the initial paid-up capital of THFL shall be SGD100,000.00. The principal activity of THFL is provisiong of remanufacturing, repair and testing services and traders of hydraulic pumps and motors.

Details...


Petra Foods Limited
Petra Foods Appoints New President To Drive European Cocoa Ingredient Ops


Petra Foods Limited ("Petra Foods" or the "Group"), one of the world's major manufacturers and suppliers of coca ingredients and branded consumer confectionery products, announced that it has appointed Mr Marc Donaldson as President of Delfi Cocoa (Europe), the Group's European Cocoa Ingredients operations.

Mr Donaldson brings with him more than 25 years of experience in the cocoa ingredients industry, having previously served as CEO and Head of Innovation, Heritage Fine Chocolates (Australia).Prior to which, he was Managing Director of Barry Caliebaut, Asia Pacific (from 1998 to 2007).

Details...



Banyan Tree Holdings Limited (“Banyan Tree” or the “Group”) is a leading manager and developer of premium resorts, hotels and spas in the Asia Pacific, with 25 resorts and hotels, 68 spas, 65 retail galleries, and two golf courses. The Group manages and/or has ownership interests in niche resorts and hotels. The resorts each typically has between 50 and 100 rooms and commands room rates at the high end of each property’s particular market.

Banyan Tree has seven operating business segments: hotel investment, hotel residence sales, hotel management, spa operations, gallery operations, property sales, design fees and others (design and project management, golf course operations and other businesses). The Group’s primary business is the management, development and ownership of resorts and hotels. This is centered on two award-winning brands: Banyan Tree and Angsana. Banyan Tree also operates the leading integrated resort in Thailand – Laguna Phuket, through the Group’s subsidiary, Laguna Resorts & Hotels Public Company Limited.

For The Third Quarter Ended 30 September 2008, the Group reported a 51% decrease in operating profit to S$9.2 million mainly due to political turmoil in Thailand. Mr Ho KwonPing, Executive Chairman of Banyan Tree said, “The political turmoil in Thailand which resulted in street demonstrations in Bangkok and also closure of Phuket Airport over a weekend in August has affected travel to the country in the 3rd quarter. This was compounded by the fact that 3rd quarter is the shoulder season of the year. We are closely monitoring the Thai political situation and given the increased deterioration of the global financial situation, we are approaching the high season at the end of this year more cautiously.”

Since the launch of the first Banyan Tree resort, Banyan Tree Phuket, in 1994, Banyan Tree has received over 300 awards and accolades for the resorts, hotels and spas that the Group manages. The Group has also received recognition for its commitment to environmental protection and emphasis on corporate social responsibility.

HISTORICAL PRICE DATA
 Date Open High Low Close Volume  
21 Nov 2008 0.420 0.420 0.400 0.405 792,000
20 Nov 2008 0.450 0.450 0.420 0.425 547,000
19 Nov 2008 0.485 0.485 0.445 0.445 1,240,000
18 Nov 2008 0.480 0.500 0.480 0.485 175,000
17 Nov 2008 0.510 0.510 0.505 0.505 110,000


FUNDAMENTALS
Historial EPS ($) a
  0.10795
Rolling EPS ($) e
  0.04273
NAV ($) b
  0.7362
Historical PE
  3.752
Rolling PE f
 9.478
Price / NAV b
 0.550
Dividend ($) d
  0.020000
52 Weeks High
 2.100
Par Value ($)
  n.a.
Dividend Yield (%) d
  4.938
52 Weeks Low
 0.400
Market Cap (M)
  307.153
Issued & Paid-up Shares c
  758,402,000
 
   
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 20/10/2008. 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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