Hyflux: Opening Of Hyflux Innovation Centre Signifies Next Stage Of Company's Growth.

Hyflux Ltd unveiled its new global headquarters that will set the stage for its next phase of growth. The opening of Hyflux Innovation Centre was officiated by Dr Vivian Balakrishnan, Minister for the Environment and Water Resources, in the presence of some 500 guests comprising foreign dignitaries, government officials, industry representatives, financiers and business partners. The official opening of HIC is a co-located event of the Singapore International Water Week. SIWW is the global platform for the sharing and co-creation of innovative water solutions... FULL DETAIL

Ezra: Strengthens Board Expertise With New Independent Director.

Ezra Holdings Limited is pleased to announce the appointment of a Singapore corporate veteran Mr Eng Heng Nee Philip to its Board of directors. Mr Eng will take up his appointment as Ezra's Non-Executive/Independent Director with effect from 1 July 2012. Mr Eng has more than 40 years of corporate experience in various sectors, in particular, distribution and retail, and properties. He spent 23 years with the Jardine Cycle & Carriage Group before retiring in February 2005 as Group Managing Director... FULL DETAIL

FSL Trust: Secures Relaxation Of Loan Covenants.

First Ship Lease Trust wishes to announce that it has secured a temporary relaxation of two of its loan covenants from its lenders. The relaxation of covenants would be in effect for 12 months until end-June 2013. In view of the economic weakness in Europe and further deterioration in the shipping market, FSL Trust Management Pte. Ltd. requested for and was granted a temporary relaxation of two loan covenants from its lenders to address potential breaches over the next 12 months. The two covenants that the lenders have agreed to relax are the security value-to-loan ratio and the debt service coverage ratio... FULL DETAIL

Midas: JV Company Nanjing SR Puzhen Rail Transport Secures RMB860 Million Metro Contract.

Midas Holdings Limited announced that the Dongguan Rail Transit Co., Ltd has awarded a RMB860 million metro contract to its joint venture company, Nanjing SR Puzhen Rail Transport Co., Ltd., for the supply of metro train sets to the Dongguan Rapid Railway R2 Line Project. Under the terms of the contract, NPRT will supply 20 train sets, or 120 train cars, with delivery expected to take place from 2013 to 2015. The contract is expected to contribute positively to the Group's financial performance for the financial years ending 2013 to 2015... FULL DETAIL

KSH Holdings: Acquire Whitley Road Site For S$31M With Heeton & Zap Piling.

KSH Holdings, Heeton Holdings and Zap Piling, have joined hands to acquire a 21,900 sq ft freehold site at Whitley Road for $31 million. Heeton and Zap Piling will each own 30% of the venture, while KSH Holdings will have a 40% stake of this project. The freehold land parcel, located at Whitley Road in prime District 11, is zoned for 2-storey mixed landed residential units. The site, currently occupied by a single-storey bungalow and leased out to a kindergarten, is a stone's throw from Novena Square and United Square shopping malls, Thomson Medical Centre and located near several branded schools including CHIJ Primary (Toa Payoh), Anglo-Chinese... FULL DETAIL

EMS Energy: Expands Into Ship Repair Business, Takes 23.98% Stake In NVC That Is Constructing The Biggest Ship Repair Yard In Vietnam.

The 1,024,903 square metres yard will be equipped with state of the art ship lifting and ship transfer system for optimal efficiency. Operational by 1H2013, the yard will be the biggest ship repair yard in Vietnam and the only one capable of servicing vessels up to 70,000 DWT. The 23.98% stake worth S$6.4 million also gives EMS Energy exposure to Vietnam's National Projects. EMS Energy will fund the 23.98% stake through a rights issue, proposes to raise maximum gross proceeds of about S$16.4 million... FULL DETAIL

Bursa Malaysia: Launches New Website.

Bursa Malaysia has launched its new and improved website aimed at providing a simpler, friendlier and more efficient web experience for users. The new website is divided into two broad sections, the Corporate and Market sections, to provide a clear differentiation of the dual role played by Bursa Malaysia as a listed company and an exchange marketplace. The new features include faster and easier search functions for stock prices, all-in-one listed company profile pages and improved classification of information... FULL DETAIL

PICO: Benefits From Global Network.

Pico (Thailand) Plc. is a member of the worldwide network of Pico Far East Holding Limited, a world leader in the trade show and exhibition industry with 35 branches in 23 countries. CEO Silchai Kiatpapan discusses the company's strategy and outlook... FULL DETAIL

July 24, 2012

Chamchuri Square, 28th Floor