23 March 2009
Name Volume
China Hongx 248,334,000
GoldenAgr 222,661,000
HSI12200MBLeCW090429 165,854,000
HSI12800MBLePW090429 164,591,000
CapitaMall R 144,321,000
Name Value
DBS 466,069,587
UOB 367,861,205
Capitaland 255,156,960
SingTel 223,473,228
OCBC Bk 194,161,105
Name Price Chg
GLD 10US$ 94.750 +4.150
DBXT Nifty 10US$ 56.200 +3.200
JSH 500US$ 10.280 +1.330
UOB 5.05%NCPS 100 91.000 +1.100
STXPO 100 9.520 +1.070
Note: Weekly movement as at 20 March 2009
 
Singapore: Economists see S’pore GDP falling 8.5% in Q1
Singapore: SGX flags hot spots for company boards
Singapore : Occupancy cost of offices falls in Singapore
Malaysia : Kuala Lumour – Foreign exodus wipes RM25b from KL bourse
Japan : Tokyo – Japan plans 1.5t yen jobs package
India : Mumbai – India’s growth to go below 6%: poll
China : Beijing- World Bank slices China growth forecast to 6.5%
Taiwan : Taipei – Taiwan to allow up to 2 casino resorts: report
United States : New York – 73 AIG staff received US$1m or more
United States : New York – US life insurers’ capital falls 13%

Tiong Woon
Increase In Investment In Wholly-Owned Subsidiary - Tiong Woon Thai Co., Ltd

The Board of Directors of Tiong Woon Corporation Holding Ltd (the “Company”) announced that it has increased its investment in Tiong Woon Thai Co., Ltd (“TWTC”) by the subscription of additional forty thousand (40,000) ordinary shares at the par value of Baht one hundred (100) per share, paid in cash, in the capital of TWTC.

Consequent to the above, TWTC will have an issued and paid up capital of Baht sixteen million (16,000,000). The above investment is funded by internal resources and is not expected to have any material impact on the consolidated net tangible assets and earnings per share of the Group for the current financial year.

Details..

Global Voice
RTL Interactive Chooses High Performance Global Voice Group Ethernet Solution To Satisfy Massive Growth In Consumer Demand For Media

Global Voice Group, Europe’s foremost provider of mission-critical, high-performance networking solutions, has announced a deal to provide RTL interactive GmbH (RTL interactive) with a high performance Ethernet solution connecting RTL interactive’s Frankfurt datacenter with a second site in Amsterdam.

Headquartered in Cologne (Germany), RTL interactive focuses on digital, transaction-based and interactive business models and is responsible for a multitude of products within the Mediengruppe RTL Deutschland such as online media, mobile entertainment, licensing and gaming. With rapidly expanding user demand driving bandwidth requirements, and a burgeoning demand for 24x7 availability around the world, RTL interactive required a secure and highly scalable solution to connect their equipment in Frankfurt with their second datacenter in Amsterdam. Taking these criteria into account, GVG designed and deployed ether|nex, an Ethernet-based networking solution to securely transport vast amounts of data and content.

André Knegt, Head of the Infrastructure Department at RTL interactive GmbH, said: “RTL interactive needed a highly secure and massively scalable networking solution from Frankfurt to our internet exchange in Amsterdam, supporting the global delivery of content and data. Global Voice Group not only delivered the required solution in exceptionally short time but also at highest standards with regards to security, reliability and scalability. We are very satisfied with the solution that Global Voice Group provided.”

Details...

Hyflux
Financial Close For World's Largest Reverse Osmosis Desalination Plant Of 500,000M³ /Day In Magtaa, Oran, Western Algeria

Further to the announcement dated December 17, 2008, Hyflux Limited (“Hyflux”) announced on March 18, 2009 that financial close in accordance with the terms of the non-recourse project financing facility agreement executed with Banque Nationale d’Algerie ("BNA") has been completed.

BNA, the sole lender for the non-recourse project financing facility will make available a loan of approximately USD350 million to the Project company, Tahlyat Myah Magtaa SpA ("TMM"). The debt to equity ratio is 70:30. The developer of the Project with an approximate value of USD468 million, is TMM; a joint venture company between Hyflux’s wholly owned subsidiary, MenaSpring Utility (S) Pte Limited (“MenaSpring”) and Algerian Energy Company (“AEC”).

Commenting on the latest development, Hyflux’s Group CEO and President, Ms. Olivia Lum said: “Achieving financial close for the world's largest seawater desalination plant is a significant milestone for Hyflux. Not only is this a testimony of our capabilities, this landmark project is also an affirmation of our beliefs in pushing for continued technology advancement and applications. I am also very pleased that we can build on an already strong relationship with our partners, AEC and ADE”.

Details...

Swiber
Swiber Appoints Gupta To Board Of Directors

Swiber Holdings Limited (“Swiber” or together with its subsidiaries, the “Group”), a world class company in the offshore industry, has announced the appointment of Mr Nitish Gupta to its Board of Directors with immediate effect.

Mr Gupta joined Swiber in May 2006, and is currently leading the Group’s offshore construction operations as its Chief Executive Officer. Mr Gupta is responsible for overseeing the management of the offshore construction operations along with working on strategic initiatives, business operations and development functions.

Details...


Listed in 1999, Tiong Woon Corporation Holding Ltd (“Tiong Woon” or the “Group”) is a leading one-stop, integrated services specialist and provider of infrastructure businesses, supporting mainly the Oil and Gas, as well as Petrochemicals, Power and Construction sectors.

The Group manages turnkey projects for EPC Contractors and project owners from planning and design of heavy lifting and haulage requirements to the execution stage in which the heavy equipments are transported, lifted and installed at customers' facilities. Tiong Woon possesses its own heavy lift and haulage equipment, tugboats, barges and fabrication yards, which enable them to widen its integrated services offering to its customers.

Tiong Woon is headquartered in Singapore and has establishments in Malaysia, Indonesia, Thailand, the Philippines, China and Saudi Arabia. Tiong Woon is ranked the 17th largest crane owning company worldwide by International Cranes, a reputed trade magazine, in its IC50 2008 survey. Tiong Woon is committed to delivering high quality, reliable facilities and services on time, on delivery, on budget and with world-class safety.

HISTORICAL PRICE DATA
 Date Open High Low Close Volume  
20 Mar 2009 0.155 0.170 0.155 0.170 284,000
19 Mar 2009 0.150 0.160 0.150 0.160 366,000
18 Mar 2009 0.150 0.150 0.150 0.150 180,000
17 Mar 2009 0.145 0.150 0.145 0.150 184,000
16 Mar 2009 0.145 0.150 0.145 0.150 154,000


FUNDAMENTALS
Historial EPU ($) a
   0.08283 		Rolling EPU ($) e
  0.11991		 NAV ($) b
   0.4550
Historical PE
   2.052		 Rolling PE f
  1.418		 Price / NAV b
  0.374
Distribution ($) d
  0.004000		 52 Weeks High
  0.670		 Par Value ($)
  n.a.
Distribution Yield (%) d
   -		 52 Weeks Low
  0.135		 Market Cap (M)
   57.388
Issued & Paid-up Shares c
   337,576,000		  
   
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 12/02/2009. Please click here for more information.
d Dividend is based on latest Full Year results announcement, adjusted for current number of shares 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.
Disclaimer: Although every reasonable care has been taken to ensure the accuracy and objectivity of the information contained in this publication, neither the publishers, authors and their employees and agents can be held liable for any errors, inaccuracies and/or omissions, howsoever caused. We shall not be liable for any actions taken based on the views expressed, or information provided within this publication. Information within this publication should not be taken or construed as an offer of, or the giving of, advice to buy or sell securities. The publishers, its associated companies and their officers, directors, employees may own or may have owned or have positions in the securities mentioned or reported in this publication, and may from time to time, add on to or dispose such securities. You should always seek your own professional advice from the appropriate advisor or institution. No part of this publication may be reproduced, stored, transmitted in any form of by any means without the permission of the Publisher.
ShareInvestor Pte Ltd 158 Cecil Street #08-03 Dapenso Building S(069545)
Tel: (65) 62208807 Email: admin@shareinvestor.com