CWT: Acquires MRI Trading AG To Strengthen Commodity Logistics Business.

CWT Limited announced that the Company and its newly incorporated wholly-owned subsidiary, Capsolon Pte Ltd have entered into a share sale and purchase agreement to acquire a 73.81% stake in MRI Trading AG in a strategic move to strengthen and expand its commodity logistics business. MRI is a commodity marketing company focused in base metals non-ferrous concentrates. It engages in marketing copper, zinc, and lead non-ferrous concentrates and metals, as well as gold, molybdenum concentrates, and cobalt concentrates/metals to smelting and processing customers internationally.The aggregate consideration is approximately US$94.0m... FULL DETAIL

KSH Holdings: Clinches Eight Courtyards Contract Worth S$138.4 Million.

KSH Holdings Limited announced a contract win worth S$138.4 million from Yishun Gold Pte. Ltd, a joint venture company between Frasers Centrepoint and Far East Organisation, for the construction of the Eight Courtyards, a 99-years leasehold condominium development in Canberra Drive. With this new contract win, the existing order book of the Group's Construction business now stands at approximately S$360 million. The project is slated to commence in December 2011 for a duration of twenty-nine months and the unfulfilled contract value for all existing contracts on hand is expected to be completed by May 2014... FULL DETAIL

DMX: New Cloud-Based Mobile Enterprise Platform To Target US$4.1 Billion Chinese Market.

DMX Technologies Group Limited is pleased to announce the launch of its mobile solution cloud platform, D-Smart, by its wholly-owned subsidiary, Beijing DMX Xingnet Information Technology Ltd. The D-Smart platform, which offers a variety of cloud-based mobile applications to enterprises in China, rides on the rapid growth of smartphone usage by consumers and enterprises. According to market research firm, IDC, smartphone shipments in China constituted 17% of the global handset sales in 2010, up from only 8% in 2008. Meanwhile, research film, Ovum, has predicted the enterprise mobile applications market in China to reach US$4.1 billion by 2014... FULL DETAIL

POPULAR: Posts Net Profit Of $23.8 Million On Turnover Of $522.4 Million.

Profit before Tax for Retail and Distribution division rose 75.2% from S$10.9 million to S$19.1 million on the back of a 4.9% growth in turnover from S$418.4 million in FY2010 to S$438.8 million in FY2011. Turnover and PBT for publishing and e-learning division grew at 2.1% and 24.4% respectively. The Group's balance sheet continues to be healthy with the gearing ratio improving to a low of 0.10 in FY2011, compared to 0.16 in FY2010. Net asset value per ordinary share increased from 21.45 cents to 22.68 cents. The Board has recommended a final ordinary dividend of 0.6 cents, making up a total annual dividend of 1.0 cents... FULL DETAIL

COSCO: Delivery Of Vessel.

COSCO Corporation (Singapore) Limited wishes to announce that COSCO (Dalian) Shipyard Co., Ltd, a subsidiary of the Company's 51% owned subsidiary COSCO Shipyard Group Co., Ltd, has delivered a bulk carrier of 57,000 dwt, "Harmony Star", to its Asian buyer. The delivery documents were signed by and between COSCO Dalian and the buyer on 27 June 2011. The bulk carrier measures 189.99 meters in length of all, 32.26 meters in breadth and 18 meters in depth...FULL DETAIL

Sarin: Venus Jewel And Shree Ramkrishna Of India Place Repeat Orders For Galaxy 1000 Systems.

Sarin Technologies Ltd is pleased to announce that Venus Jewel and Shree Ramkrishna Export have both decided to place repeat orders for a second Galaxy system each. Having been the first two industry leaders to acquire Galaxy 1000 systems in Q4 2009 and Q1 2010 respectively, and having realised the full value of the systems while operating them for three shifts daily, these esteemed industry luminaries have opted to acquire second systems for in-house utilisation... FULL DETAIL

Bursa Malaysia: CFTC Allows U.S. Clients To Buy Or Sell Bursa Malaysia Derivatives' FKLI.

The United States Commodity Futures Trading Commission has allowed the buying or selling of Bursa Malaysia Derivatives’ Kuala Lumpur Composite Index Futures Contracts by U.S. persons with immediate effect...FULL DETAIL

Pico: Expects Healthy 2011 Net Profit.

The listed event marketing company Pico (Thailand) Plc said it would organize more fairs and congresses on its own in the future as they generate more reliable income than holding events for others. Although income from its own events represents only 3% of its total revenue, Pico expects this proportion to rise to 40% in the next four years, said CEO Silchai Kiatapan... FULL DETAIL