 |
Name |
Volume |
GoldenAgr |
1,005,345,000 |
China Hongx |
925,779,000 |
Chartered |
775,675,000 |
EUNetworks |
511,113,000 |
Oceanus |
397,543,000 |
|
 |
Name |
Value |
DBS |
1,258,503,978 |
UOB |
812,542,527 |
Capitaland |
679,186,325 |
SingTel |
670,125,947 |
OCBC Bk |
646,874,510 |
|
 |
Name |
Price |
Chg |
UOB |
14.740 |
+3.240 |
DBS |
11.900 |
+1.220 |
CITYDEV |
8.490 |
+2.010 |
SIA 200 |
12.560 |
+ 1.880 |
SIA |
12.540 |
+1.840 |
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Note: Weekly movement as at 08 May 2009
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Japan: Tokyo – Japan GDP set to shrink by over 3 per cent even with stimulus. |
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China: Beijing – China Firms can buy stakes, invest in Taiwan from May |
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Singapore : SGX is developing fuel oil futures contract |
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Singapore : Singapore Banks will emerge stronger from crisis: BCG |
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Singapore : Deals start cooking in slow office market |
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Singapore : Tech firms ready for worst-case scenario |
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Shanghai : Analysts warn of China's stock market bubble |
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Detroit : GM poised to wipe the slate clean |
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Epure International Limited
Epure completes joint venture with BJ Sound Enviro for project in Lanzhou City
Mainboard listed company Epure International Ltd ("Epure") has announced that the company has entered into a joint venture with Beijing Sound Environment Group Co. Ltd ("BJ Sound Enviro") to undertake a Build Operate and Transfer ("BOT") project in Gansu Province, Lanzhou City.
Epure is one of China's leading turnkey water & wastewater treatment solutions providers. The group develops proprietary technologies
BJ Sound Enviro is a PRC company and the holding company of various PRC subsidiaries. The company is also engaged in the principal business of investment and operation environmental protection projects. It is owned by Beijing Sanghua Environmental Technology Development Co. Ltd, Epure's non-executive chairman Wen Yibo, and unrelated third party.
The ownership in the joint venture is as follows:
- BJ Sound Enviro (85 per cent)
- Epure (15 per cent)
Primarily the JV company is to invest in a BOT project that is located in Gansu province, Lanzhou city. The project is expected to have a treatment capacity of up to 100,000 tonnes of wastewater per day. The investment is approximately RMB129 million, and concession period is 30 years.
The project expects to be funded from a bank loan and equity. The equity part is approximately 30 per cent of the investment amount. That is, the equity contribution from Epure is approximately RMB5.85 million, which is about 0.5 per cent of Epure's latest audited net tangible and assets value.
Details..
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Parkway Life Reit
Parkway Life REIT reports 37.6 per cent increase in gross revenue
to $16.3 million for 1Q 2009
Parkway Life REIT is Asia's largest healthcare REIT, and listed on the Singapore Exchange in August 2007. It invests in income producing real estate or real estate related assets in the Asia Pacific region that are used for healthcare and healthcare related purposes.
Parkway Life REIT performed well in the present uncertain economic climate. It registered a gross revenue of $16.3 million and net property income of $15.2 million for 1Q 2009, representing an increase of 37.4 per cent and 36.6 per cent respectively over the previous corresponding period.
The results were attributed to the back of higher revenues from its Singapore Hospital Properties and positive contributions from its Japan Properties. As at March 31, 2009, the committed occupancy for its properties stood at 100 per cent.
The income distributable to Unitholders grew 16.6 per cent to $11.4 million for 1Q 2009. The distribution per unit increased correspondingly to 1.89 per cent for 1Q 2009 and 7.56 cents on an annualized basis. Based on a market price of $0.76 as the close of market on March 31, 2009. Plife REIT's Unitholders are expected to enjoy an annualized distribution yield of 10 per cent for 1Q 2009.
Details...
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