Ezra: Orderbook With New Subsea Awards To The Group.

Ezra Holdings Limited continues to boost its orderbook of subsea contracts with three Letters of Awards / Letters of Intent with an aggregate value of approximately US$85 million being secured by the Group. These awards will see EMAS AMC, the Group's subsea construction division, executing projects across the Asia-Pacific region. All these projects are expected to commence within the next six months. The scope of work under these LOAs include the provision of subsea umbilical, riser and flowline installations, platform installations, offshore support and accommodation services for various offshore field development projects in waters... FULL DETAIL

SPH: Reports Third Quarter Net Profit Of $115 Million.

Singapore Press Holdings Limited reported its results for the third quarter ended 31 May 2011. Excluding Sky@eleven profits in the third quarter last year, net profit was up $16.8 million (17.1%) to $114.8 million and recurring earnings rose by $5.5 million (5.2%). Improved performance from the internet and exhibitions businesses cushioned a marginal reduction in profits from the Newspaper and Magazine segment. Investment income doubled year-on-year to $23.7 million. Operating revenue of $263.0 million for the Newspaper and Magazine segment for 3Q FY11 fell by 1.1% compared to 3Q FY10. Print advertisement revenue decreased by $3.2 million (1.6%) to $20... FULL DETAIL

STX OSV: Placement Of Shares By STX Europe Holding AS.

STX OSV Holdings Limited has been informed that its substantial shareholder, STX Europe Holding AS, has agreed to sell part of their equity interests in the Company to investment funds affiliated with OZ Management LP. The placement of 215,590,000 ordinary shares by STX Europe will be at a price of S$1.33 per share. This amounts to approximately 18.27% of the total issued share capital of the Company. In relation, Goldman Sachs (Singapore) Pte. has consented to this sale of shares pursuant to the lock-up agreement dated November 4, 2010 between STX Europe and Goldman Sachs, as representative of the purchasers. As part of the placement, STX Europe also... FULL DETAIL

FSL Trust: Notice To Unitholders On Forex Rate.

First Ship Lease Trust would like to inform all unitholders that the stub distribution of US0.87 cents per unit for the period from 1 April 2011 to 22 June 2011 will be paid on Thursday, 21 July 2011. Unitholders who did not opt to receive their distribution in US Dollars, will receive it in Singapore Dollars at the foreign exchange rate of US$1.00 = S$1.2245, which was fixed on 13 July 2011. This means that unitholders will receive S$10.65 for every 1,000 units of FSL Trust held at the time of books closure...FULL DETAIL

First REIT: Acquires First Hospital In South Korea For US$13 Million.

First Real Estate Investment Trust announced its acquisition of Sarang Hospital, one of the largest rehabilitative and nursing facility in Yeosu City, South Korea, the host city for the next World Expo in 2012, for a purchase consideration of US$13 million. A freehold, 217-bed hospital renowned for its rehabilitative treatment and nursing healthcare services, Sarang Hospital is expected to be a yield-accretive acquisition for First REIT, and it will be funded entirely by way of bank loan. Post-acquisition, First REIT's total asset size is expected to increase to S$602.6 million, and its gearing... FULL DETAIL

Portek: Mitsui Intends To Make Voluntary Conditional Cash Offer At S$1.40 Per Share.

Nomura Singapore Limited, for and on behalf of Mitsui & Co., Ltd., wishes to announce that the Offeror intends to make a voluntary conditional cash offer at S$1.40 in cash per Offer Share for all of the issued and paid-up ordinary shares in the capital of Portek International Limited other than those already owned, controlled or agreed to be acquired by the Offeror and parties acting in concert with it... FULL DETAIL

CMMT: Exceeds 2Q 2011 Forecast Distribution Per Unit By 8.1%.

CapitaMalls Malaysia Trust is pleased to announce that it recorded distribution per unit of 2.00 sen for the quarter from 1 April 2011 to 30 June 2011. This is 8.1% higher than the forecast DPU of 1.85 sen for the quarter, and was achieved on the back of gross revenue of RM57.2 million, which is in line with forecast. The annualised DPU of 8.02 sen is 8.1% above the forecast of 7.42 sen, attributable mainly to savings in financing costs. CMMT achieved distributable income of RM29.8 million and net property income of RM40.8 million for the quarter... FULL DETAIL