LMIR Trust: LPKR US$112MM New Issue To Put US$798MM REIT Under Lippo Malls, US$2.0BN Mall Assets To Be Injected Into REIT Over 3 Years.

Lippo Karawaci Tbk announced plans to issue Rp957 billion or approximately US$112 million through a direct placement to Lippo Group to fund the bulk of the acquisition of a 27.24% controlling stake of Singapore-listed Lippo-Mapletree Indonesia Retail Trust and a 40% interest in its asset manager Lippo Mapletree Indonesia Retail Trust Management Ltd that will propel LPKR's mall and asset management to a US$4 billion business in 3-4 years. As part of the plan, LIPPO has executed a back to back placement of 1.45 billion existing shares owned by its affiliate, Pacific Asia Holdings Limited at the same price per share for US$112 million to strategic... FULL DETAIL

Yongnam: Secures S$50.0 Million Structural Steelworks Contract For The National Art Gallery.

Yongnam Holdings Limited has secured another landmark project in Singapore, a S$50.0 million sub-contract for the restoration works to the former Supreme Court Building and the former City Hall building. The restored buildings will house the future National Art Gallery. Yongnam will support the main contractor, Takenaka-Singapore Piling Joint Venture by providing approximately 10,000 tonnes of structural steelworks. It will be involved in the supply, fabrication, surface-treatment, delivery and erection of several key categories of works including the new floor structure within the restored buildings, skybridges, underpinning works, shoring works and... FULL DETAIL

Midas: First Quarter Net Profit Up 25.4% To RMB60.4 Million.

Midas Holdings Limited announced its financial results for the three months ended March 31, 2011. The presentation currency of the Group has been changed from Singapore Dollar to Chinese Yuan as the majority of the Group's sales and earnings originate in RMB and the change of presentation currency to RMB will more closely align the Group's external financial reporting with the profile of the Group. Profit attributable to equity holders rose 25.4% from RMB48.1 million in the three months ended March 31, 2010 to RMB60.4 million in 1Q2011. This was on the back of a 32.9% increase in revenue from RMB223.0 million in 1Q2010 to RMB296.5 million in 1Q2011... FULL DETAIL

Portek: Engineering Business Enjoys Healthy Orderbook.

Portek International Limited wishes to announce that as at 1 May 2011, the total order book for Engineering projects stands at about $44 million. As is typical, the current orderbook consists of projects secured from different countries across several countries. In the Middle East, an order has been secured for the refurbishment of 2 container quay cranes. These cranes will be commissioned by Portek in Umm Qasr, Iraq. In North Africa, Portek's engineering teams are busy modifying and refurbishing a fleet of rubber- tyred gantry crane located in Algeria. Elsewhere, ports in South East Asia are seeing increasing container throughput and receiving larger...FULL DETAIL

China Paper: Posts RMB17.4 Million Net Profit For 1QFY11.

China Paper Holdings Limited announced its financial results for 3 months ended 31 March 2011. Group revenue improved 9.2% from RMB236.2 million in the 3 months ended 31 March 2010 to RMB258.0 million in 1QFY11, mainly due to new revenue contribution from coated paper production which commenced production in mid-May 2010. The sales from the uncoated paper segment were also affected by a 10-day closure of production lines for unscheduled repairs. Selling and distribution expenses rose as sales commission payouts increased to stimulate new coated paper sales as well as the general inflation of transportation expenses... FULL DETAIL

Uni-Asia: Proposed 1 For 2 Renounceable Non-Underwritten Rights Issue At S$0.20.

Uni-Asia Finance Corporation wishes to announce a proposed renounceable non-underwritten rights issue of 156,597,600 new ordinary shares in the capital of the Company at an issue price of S$0.20 for each Rights Share, on the basis of 1 Rights Share for every 2 existing ordinary shares in the capital of the Company held by shareholders of the Company as at the time and date to be determined by the Directors for the purposes of determining the entitlements of Entitled Shareholders under the Rights Issue, fractional entitlements to be disregarded... FULL DETAIL

Boustead: Date Of Release Of Boustead FY2011 Financial Results And Live Audiocast

The Board of Directors of Boustead Singapore Limited ("Boustead") wishes to announce that Boustead's FY2011 financial results for the year ended 31 March 2011 will be released on 26 May 2011, after the close of the stock market.... FULL DETAIL

HuaYang: Proposed acquisition of land by Prop. Park Sdn Bhd, a wholly-owned subsidiary of HUAYANG of approximately 67,364 sq. ft (1.55 acres) of Leasehold Land in the city of Kuala Lumpur for a total consideration of RM32,000,000 ("Proposed Acquisition").

With reference to Bursa Malaysia Berhad's letter dated 12 May 2011 in relation to Proposed Acquisition, the Company wishes to provide the following additional information... FULL DETAIL