20 April 2009
Name Volume
Digiland  971,382,000
China Hongx  568,289,000
Chartered 561,867,000
GoldenAgr  489,548,000
UniFiber 326,148,000
Name Value
DBS 544,995,727
Capitaland 503,437,137
OCBC Bk 289,011,253
CoscoCorp 287,000,346
UOB 281,812,920
Name Price Chg
Shang Asia 2kHK$ 11.600 +2.400
STXPO 100 13.460 +1.160
Jardine C&C 14.340 +1.120
GreatEast 9.000 +0.800
UOB 11.220 +0.720
Note: Weekly movement as at 17 April 2009
 
Singapore : Government flags 6-9% contraction
Singapore : MAS eases a notch, but Sing dollar ends higher
Singapore : S’pore is 4th in Forbes business ranking
Singapore : S’pore ranks second-lowest for job satisfaction
Singapore : CIMB-GK offers paid research
Singapore : ‘Emphasis of matter’ alarms sounding regularly
Malaysia : Kuala Lumpur – Call to set up RM22m fund for the jobless
South Korea : Seoul – 500b won aid for Korean car sector
China : Shanghai – Govt eyes new stimulus to boost spending
United States : Washington – Obama, Bernake upbeat but economy not out of woods yet

CapitaMall
CMT Achieves 8.0% Higher First Quarter 2009 Distributable Income


CapitaMall Trust Management Limited (“CMTML”), the manager of CapitaMall Trust (“CMT”), announced a distributable income of $62.6 million for the First Quarter 2009 (from January 1, 2009 to March 31, 2009), which is $4.6 million or 8 per cent higher than $58.0 million for the First Quarter 2008 (from January 1, 2008 to March 31, 2008). This amount is after retention of $5.9 million, which includes approximately $2.6 million of distribution income from CapitaRetail China Trust.

Mr James Koh Cher Siang, Chairman of CMTML, said: “The successful rights issue demonstrates investors’ confidence in CMT and the ability of S-REITs to recapitalise during this period. It has also provided an opportunity for us to enhance our competitive position. The net proceeds from the rights issue of $1.2 billion will be used to repay borrowings due in 2009.”

Details..


Rickmers Maritime
Rickmers Maritime Brings Fourth Vessel Under The Singapore Flag


Rickmers Trust Management Pte. Ltd., Trustee-Manager of Rickmers Maritime (the Trust) announced that its containership CMA CGM Azure is now flying the Singapore flag. The 4,250 TEU vessel is the fourth in Rickmers Maritime’s portfolio of containerships to fly the Singapore flag, underscoring the Trust’s support of Singapore as a global maritime centre.

CMA CGM Azure was reflagged from Marshall Islands to Singapore on April 16 in Shanghai, People’s Republic of China. Acquired and delivered to Rickmers Maritime in July 2007, the vessel operates on an eight-year, fixed-rate time charter to CMA CGM, the world’s third largest container shipping company. CMA CGM Azure currently plies the Far East to Mediterranean route.

Commented Mr Thomas Preben Hansen, CEO of the Trustee-Manager: “We are very pleased to reflag yet another of our quality vessels to Singapore. The Singapore registry is renowned and well-respected throughout the world and it gives us great pride to fly the flag. We will continue to offer our steadfast support to Singapore as a global shipping hub and will seek to bring more of our vessels under the Singapore flag in the future.”

Details...


Rotary
Acquisition Of A Subsidiary Company - Rotary Logistics Pte. Ltd


The Board of Directors of Rotary Engineering Limited (the “Company”) announced that the Company has acquired 1,000,000 ordinary shares at the consideration of $1,051,425.36 each fully paid up (“Acquisition”), representing 100 per cent equity in the share capital of Rotary Logistics Pte. Ltd. (“RLPL”), a company incorporated in Singapore. The Acquisition will be satisfied by cash funded through internal resources.

The issued and paid-up capital of RLPL is $1,000,000.00. The principal activity of RLPL is being a "onestop shop" logistics provider offering integrated warehousing, material logistics, procurement and total supply chain management services. The above transaction is not expected to have any material impact on the net tangible assets and earnings per share of the Group for the financial year ending December 31, 2009.

Details...


Boustead Singapore
Boustead Subsidiary Awarded Contract To Design, Build And Lease Facility To Global Fortune 500 Corporation


Boustead Singapore Limited (“Boustead” or the “Company”) is pleased to announce that its 91.7 per cent-owned subsidiary, Boustead Projects Pte Ltd (“Boustead Projects”) – a leading specialist in industrial real estate solutions – has been awarded a contract to design, build and lease an integrated facility (the “Facility”) to a global Fortune 500 Corporation (the “Client”), which is ranked among the 50 largest corporations in the world.

Comprising an integrated three-floor manufacturing and office space with a connected single-floor warehouse, the Facility will have a gross floor area of approximately 47,210 square metres. It will be located in the eastern region of Singapore and is slated for completion in 2Q 2010.

The Facility is the twelfth industrial leasehold facility developed under Boustead Projects’ design, build and lease programme, which commenced in 2003. Upon completing the Facility, Boustead Projects’ current industrial leasehold portfolio will consist of five industrial leasehold facilities with a total gross floor area of 92,600 square metres.

Details...


Established in 1828, Boustead Singapore Limited is a progressive global Infrastructure-Related Engineering Services and Geo-Spatial Technology Group listed on the Singapore Exchange. Focusing on the engineering and development of key infrastructure supporting economic growth in the public and private sectors of developing nations, the Group’s strong suite of Engineering Services comprises: Energy-Related Engineering; Water & Wastewater Engineering; Real Estate Solutions.

Under the Group’s Geo-Spatial Technology arm, it provides professional services and exclusively distributes ESRI geospatial technology – the world’s leading geographic information systems and location intelligence solutions – to major markets across Australia and South East Asia. Its location intelligence solutions are essential to effectively plan, deploy and manage key infrastructure and resources in countries.

With a vast global network stretching across Asia, Australia, Europe, Africa and the Americas, Boustead is ready to serve the world. To date, Boustead has undertaken infrastructure-related projects in 75 countries globally.

HISTORICAL PRICE DATA
 Date Open High Low Close Volume  
17 Apr 2009 0.575 0.575 0.560 0.570 135,000
16 Apr 2009 0.575 0.590 0.560 0.570 464,000
15 Apr 2009 0.535 0.560 0.535 0.560 397,000
14 Apr 2009 0.545 0.555 0.545 0.555 105,000
13 Apr 2009 0.540 0.550 0.535 0.540 434,000


FUNDAMENTALS
Historial EPS ($) a
 0.10170
Rolling EPS ($) e
 -
NAV ($) b
 0.3067
Historical PE
 5.605
Rolling PE f
 -
Price / NAV b
  1.858
Dividend ($) d
  0.040451
52 Weeks High
 1.250
Par Value ($)
  n.a.
Dividend Yield (%) d
 7.097
52 Weeks Low
  0.400
Market Cap (M)
   288.560
Issued & Paid-up Shares c
   506,246,000
 
   
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 02/04/2009. 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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