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COSCO PACIFIC to place 449 million Shares

[Date:04-30-2010]

Source: Quam

COSCO PACIFIC entered into the Placing and Subscription Agreement, pursuant to which the company has agreed to place up to an aggregate of 449 million Shares at the Price of HK$10.40 per Share. The Placing Shares represent approximately 19.85% of the issued share capital of the Company and approximately 16.56% of the issued share capital of the Company as enlarged.

The gross proceeds from the Subscription are estimated to be approximately HK$4,670 million and the net proceeds are estimated to be approximately HK$4,535 million. The Company intends to use the net proceeds to fund acquisitions and investments such as the Sigma Acquisition, capital expenditure, general corporate purposes, as well as to further strengthen the balance sheet and liquidity position of the Company.

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01-May-2010 15:38

COSCO SHP SG / CoscoCorp

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sEEms LiKE BDI MAGIC is LOST ?

BDI LINK may be lOOse Or brOken ? ?

tradersgx ( Date: 30-Apr-2010 00:01) Posted:

Six basic tenets of Dow Theory:

1.The market has three movements

2.Market trends have three phases

3.The stock market discounts all news

4.Stock market averages must confirm each other
--> In Dow's time, the US was a growing industrial power. The US had population centers but factories were scattered
throughout the country. Factories had to ship their goods to market, usually by rail. Dow's first stock averages were
an index of industrial (manufacturing) companies and rail companies. To Dow, a bull market in industrials could not occur
unless the railway average rallied as well, usually first.

---> According to this logic, if manufacturers' profits are rising, it follows that they are producing more. If they produce
more, then they have to ship more goods to consumers. Hence, if an investor is looking for signs of health in manufacturers,
he or she should look at the performance of the companies that ship the output of them to market, the railroads. The two
averages should be moving in the same direction. When the performance of the averages diverge, it is a warning that
change is in the air. Both Barron's Magazine and the Wall Street Journal still publish the daily performance of the
Dow Jones Transportation Index in chart form. The index contains major railroads, shipping companies, and
air freight carriers in the US.

5.Trends are confirmed by volume

6.Trends exist until definitive signals prove that they have ended

http://en.wikipedia.org/wiki/Dow_Theory

28/Apr/2010 BDI is 3329 !

sgxinvestor ( Date: 29-Apr-2010 11:56) Posted:

BDI Up! Cosco set sail to "North" direction now !!!

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01-May-2010 15:34

YZJ Shipbldg SGD / Cruising with the ship ..Yangzijiang

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iN the OPEN

cannOt PLAY PEOPLE OUT

iN the DARK

can PLAY PEOPLE OUT

boliaoguy ( Date: 30-Apr-2010 21:52) Posted:

stock market is DARK... can a remisier play stock? Maybe no... but they can always use third party account...

dizzifying ( Date: 30-Apr-2010 17:53) Posted:

Oh yes, i am thinking hard too. Can a corporation buys shares from open market? I would think No right? So i dont think it is SCM who is buying.

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01-May-2010 15:29

Baker Technology / It's time to rebound ????

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When CHINA started manufacturing nOtebOOk, PRiCES SLiDED LiKE WATERFALLS.

Even SONY had tO Offer nOtebOOks belOw S$2,000 ever since.

That is WHY NOWADAYS CHINA has gOOd KARMA fOr bringing PRiCES dOwn fOr the WHOLEWORLD.

CHINA always bUy HiGH frOm suppliers sEll lOw tO cOnsumers

WORLD VERY HAPPY

* * * *

Only gOvernments ANGRY

# # # #

gOvernments lOves

tO bUy lOw frOm peOple

and sEll HiGH tO peOple

iNTERNAL iNflatiOn

HiGH FX Rate cannOt stOp iNTERNAL iNflatiOn

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01-May-2010 15:16

Baker Technology / It's time to rebound ????

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YANGZIJIANG bUys HiGH frOm BAKER TECH

and SELL lOw tO WHOLE WORLD.

WHOLE WORLD WiLL BE HAPPY

SCM bUys lOw frOm BAKER TECH

and SELL HiGH tO WHOLE WORLD.

WHOLE WORLD WiLL BE ANGRY

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01-May-2010 15:09

Baker Technology / It's time to rebound ????

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WHEN YANGZIJIANG bUys 15% PPL, the WHOLE WORLD WiLL BENEFiT.

when SCM bUys 15% PPL, Only few RiCH benefIt bUt Rest Of World WiLL sUffer.

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01-May-2010 15:04

Baker Technology / It's time to rebound ????

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i heard:

Ever since PETROCHINA's takeOver, SPC cOntract and sUpplies PRiCES had fallen significantly.

nOw, Only CHINA cOntractOrs and sUppliers can cOmpete at such lOw PRiCES.

Once CHINA cOntractOrs and sUppliers get in iN a BiG Way, PRiCES are sUre tO fall tO the flOOr.

frOm PAST HiSTORY, tOys, electrical appliances, electronics, computers, stationeries, fOOd, garments, furnitures, tools, CDs, DVDs, sOftwares, hardwares, peoplewares, whatever CHINA can get in, it is a gOOd thing fOr the cOnsumers.

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01-May-2010 14:54

Baker Technology / It's time to rebound ????

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What YANGZIJIAN wants is prObably nOt the PPL SHELL, but the iNSiDE SECRET Of

PPL business.

However, if SCM wOuld Offer their 85% at the SAME PRiCE as the 15%, YANGZIJIAN wOuld prObably accept.

Thus, to be FAIR, SCM should Offer bOth OptiOns at SAME PRiCE tO YANGZIJIANG:

OptiOn 1: SCM BUYS    15%

OptiOn 2:   SCM SELLS 85%

nOte: If SCM cannOt bear tO SELL 85% at SAME PRiCE, SCM has nO JUSTICE tO bUy 15% at SAME PRiCE.

There shOuld be nO dOuble STANDARD

May be a THiRD OptiOn tO MiDDLE EAST BUYER:

OptiOn 3: MiDDLE EAST BUYER BUYS SCM's 85% at YANGZIJIANG's PRiCE LEVEL.

* * * * * * * *

NEW iDEA:

AFTER YANGZIJIANG and MiDDLE EAST bOught the 15% frOm PPL, they may alsO make General Offer tO SCM fOr the remaining 85%

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01-May-2010 14:36

China Minzhong / China Minzhong Food forum

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Is this a Government Related Company ? ? ? ?

Funds are "Obliged" tO GiVE suppOrt and bUy ? ? ? ?

teeth53 ( Date: 01-May-2010 12:01) Posted:

PRUDENTIAL Asset Management purchased 1.32 million shares of newly listed China Minzhong last week, thus raising its deemed interest in the firm from 4.89% to 5.14%.

The shares of the Fujian vegetable producer were bought through the open markets.

Earlier last month, another institutional investor, JPMorgan Chase and its affiates, had also acquired a 6.1% stake in the firm through separate transactions.

teeth53 ( Date: 16-Apr-2010 19:38) Posted:

Order by BBs to push up after hitting a low of $1.11ct. It closed at $1.19ct (2nd traded day).

ChinaMinzhg

CPF

1.110

1.190

+0.070ct

+6.3%

Vol:17,796,000

392,000

1.180

1.190

928,000

1.200

1.110

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01-May-2010 14:30

China Sports / Mid-year Bonus 2010

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sOlid ACiD TESTS fOr DiRECTORS

ALL DIRECTORS whO cannOt PASS THREE TESTS

SHAMED ON THEM TO RESIGN

grandmaster89 ( Date: 01-May-2010 13:42) Posted:

Not very confident of this company....why raise a private placement ? Why refuse to pay a dividend ? Why refuse to buy back their own shares when it is trading below net cash/share.

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01-May-2010 14:27

Sinotel Technolo Rg / another germs !!!

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First Quarter 2010
Financial Highlights
                                    1Q20101                     Q2009        Change

Revenue                       118,400                       96,567         22.6%
Gross Profit                    45,208                       39,809         13.6%
Net Profit after Tax         28,738                       28,827         (0.3%)
In RMB ‘million

                                       13.6% - (-0.3%) = 13.9% Of prOfit lOst

WHERE DID 13.9% prOfit gO tO ? ? ? ?

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01-May-2010 14:18

Genting HK USD / Star Cruise

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RECOVERY ALREADY IN ROAR

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01-May-2010 13:41

Genting HK USD / Star Cruise

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Real estate unit boosts Alliance Global income

Companies

Written by Miguel R. Camus / Reporter

Saturday, 01 May 2010 21:56

LISTED Alliance Global Group Inc. (AGI) said profits grew 23 percent to P4.8 billion.

The holding firm for investments in the real estate, liquor manufacturing, fast-food and tourism sectors of businessman Andrew Tan grew profits by 23 percent last year on the back of strong sales.

In a statement, AGI said net income last year amounted to P4.8 billion from P3.9 billion in 2008. Revenues during the period grew 8 percent to P38.8 billion, mainly from the real-estate business through Megaworld Corp.

Aside from this, AGI has interests in brandy maker Emperador Distillers Inc., Golden Arches Development Corp. (holder of the Philippines master franchise of McDonald’s), and recently ventured into the development of integrated tourism resorts through Travellers International Hotel Group, Inc.

AGI’s consumer business accounted for 41 percent of revenues while the balance came from other income.

“Alliance Global made good progress last year amid challenging market conditions,” said AGI president Kingson Sian in a statement.

“While we expect the markets will become more competitive this year, especially in the real estate segment, the same commitment has provided us with the ability to act faster and become more agile in spotting new business opportunities and adapting to market changes,” he added.

AGI continued to expand its businesses in 2009, highlighted by the opening of Resorts World Manila, an integrated tourism resort located within Megaworld’s Newport City development, across Terminal 3 of the Ninoy Aquino International Airport in Pasay.

In 2008, AGI, through Travellers International, inked a joint-venture deal with Star Cruises Ltd., now Genting Hong Kong Ltd., to build Resorts World Manila in Newport City and Resorts World Bayshore City within the 90-hectare Bagong Nayong Pilipino Entertainment City Manila.

Travellers is earmarking over $500 million to develop Resorts World Manila, which includes the 172 all-suite Maxims Hotel, the 342-room five-star Marriott Hotel, and a budget hotel called Remington. The three hotels will have a cumulative room count of about 1,500.

Travellers International has committed to invest at least $1.1 billion in developing the two Resorts World projects over the next five years.

Genting Hong Kong, is the world’s third-largest cruise line operator and is a member of the Malaysian conglomerate Genting Bhd.

Resorts World Manila will feature a grand mall with a sky roof-covered piazza, world-class theater and gaming facility, and other retail, leisure and entertainment highlights. The entire project, once completed by 2011, will generate more than 10,000 direct and indirect jobs.

The five-star Marriott Hotel is now open for business, as is a portion of the gaming and entertainment Resorts World Bayshore City is envisioned as a themed development with about 2,500 hotel rooms, along with leisure, retail and entertainment facilities.

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01-May-2010 13:15

Genting HK USD / Star Cruise

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Posted on Friday, 04.30.10

CRUISE LINES

NCL: Smooth sailing ahead

BY MARTHA BRANNIGAN

mbrannigan@MiamiHerald.com

NCL Corp., hurt by currency exchange fluctuations, posted a first-quarter net loss of $16.1 million compared with a year-ago profit of $5.2 million.

But a key measure, EBITDA -- earnings before interest, taxes, depreciation and amortization -- rose to $58.1 million in the first quarter from $50.9 million a year earlier, according to a Thursday earnings report.

The Miami-based parent of Norwegian Cruise Line is bouncing back better than its peers from the depressed pricing that hit the industry in the economic downturn. Norwegian's net yield -- or the revenue generated per berth per day -- rose 5.7 percent from the year-ago quarter, a solid rebound, and well above the 2.6 percent net yield improvement that Royal Caribbean Cruises posted Wednesday.

``After the year of suppressed pricing we experienced in 2009, we were able to start the new year strong,'' said Kevin Sheehan, chief executive officer of Norwegian, which is jointly owned by Apollo Management and TPG, both large private equity firms, and by Genting Hong Kong, formerly known as Star Cruises.

NCL said the volume of bookings continues to improve from last year, and pricing is expected to continue to climb from year-earlier levels.

First-quarter revenue fell 1.9 percent to $416.5 million from $424.5 million a year earlier, reflecting the removal from the fleet of the Norwegian Majesty last October.

Sheehan said continued efforts to control costs are paying off. Net cruise cost for the first quarter declined 3.5 percent to $261.6 million, despite higher fuel costs.

The cruise line is preparing for the July debut of Epic, its new 4,200-passenger megaship, which includes the first ice bar at sea and a 31,000-square foot spa, and 19 restaurants. It recently announced a $20-million upgrade to Great Stirrup Cay, its private island for passengers.

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01-May-2010 13:08

Genting HK USD / Star Cruise

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NCL: Smooth sailing ahead

MiamiHerald.com: Business - Apr 30, 2010
Genting Hong Kong Limited (0678)

rose 5.7 percent from the year ago quarter, a solid rebound, and well above the 2.6 percent net yield improvement that Royal Caribbean Cruises posted Wednesday. ``After the year of suppressed pricing we experienced in 2009, we were able to start the new year strong,'' said Kevin Sheehan, chief executive officer of Norwegian, which is jointly owned by Apollo Management and TPG, both large private equity firms, and by Genting Hong Kong, formerly known as Star Cruises. NCL said the volume of bookings continues to improve from last year, and pricing is expected to continue to climb from year earlier levels. First quarter revenue fell 1.9 percent to $416.5 million from $424.5 million a year earlier, reflecting the removal from the fleet of the Norwegian Majesty last October

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01-May-2010 13:05

Genting HK USD / Star Cruise

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Friday: 30 APRIL 2010

DOW -158 PTS

GREECE FRAUD BAILOUT

& BP OIL SPILLS

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01-May-2010 12:44

Others / Market News that affect STI

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Friday: 30 APRIL 2010

DOW -158 PTS

GREECE FRAUD BAILOUT

& BP OIL SPILLS

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