Latest Posts By yipyip - Master About yipyip |
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02-Oct-2009 16:09 | SingTel / Singtel Bullish??? Go to Message | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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SingTel Won the rights for Barclays Premier League Rights for Barclays Premier League (BPL). SingTel announced that it had won the bid for the rights to BPL matches for a period of three years beginning August 2010. SingTel had beaten StarHub for the rights and the amount of the bid was not disclosed. Impact from the win. We expect the revenue contribution from mioTV to increase significantly from FY2010. This is because we anticipate a large number of BPL fans to switch from StarHub’s cable TV to SingTel’s mioTV in 2010. In fact, we are projecting mioTV revenue of S$89m, S$295m and S$335m for FY2010F, FY2011F and FY2012F respectively. As SingTel will not charge more than the existing payment by StarHub customers for BPL matches and it paid a higher bid for the rights, we anticipate that it is likely to suffer a loss from offering BPL matches. However, we expect SingTel to benefit by gaining new customers from the offer of bundled mobile, Pay TV and broadband services to customers. Merger between Bharti and MTN. Moreover, SingTel’s 30.4% owned associate, Bharti, announced that the merger between Bharti and MTN was not accepted by the South African government. This meant that SingTel’s interest in Bharti would not be diluted. Maintain BUY recommendation and target price at S$3.80. Although SingTel paid a high price for the rights to BPL matches, it is likely to gain from strengthening its position as the number one telecommunications provider in Singapore. Furthermore, we expect SingTel and its regional mobile associates to benefit from the recovery in the global economy and report higher revenue and profit. Therefore, we maintain our buy recommendation and target price at S$3.80. 2 October 2009 Phillip Securities |
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02-Oct-2009 01:09 | ASL Marine / ASL Marine Go to Message | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Marine Money 2009 conference 1 Oct 2009 - OCBC Securities OSVs: Deep, Distant and Dangerous. As mentioned in our last sector update, charter rates in the Offshore Support Vessel (OSV) market have seen a correction, and the days of easy money are over for the near future. However, the industry continues to see opportunities in Deep waters, remotely (Distant) located assignments and wells that display out of norm (Dangerous) conditions. This authenticates the foresight of OSV suppliers that are accumulating assets such as Ultra large and multi functional vessels and Dynamically Positioned (DP) PSVs to address this segment. We like ASL Marine [BUY FV: S$1.18] for its diversified business model. We retain our BUY rating on Ezra with its fleet secured on long term charters and a promising new Subsea business segment. Ezra's share price has done well and we are reviewing our current fair value of S$2.00 with a mind to raise it. We maintain our HOLD rating on Swiber [FV: S$0.94]. |
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02-Oct-2009 00:40 | Wilmar Intl / WILMAR Funds-HANDS-OFF RISE & fall DEMO 13Aug2009 Go to Message | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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‘Double top’ shows further drop for Wilmar: Technical analysis (Bloomberg) 01 Oct 2009 Shares of Wilmar International, the world’s biggest palm-oil trader, may fall below $6 after twice failing to rise above the $7 level in the past two months, according AmFraser Securities Pte. The brokerage cited a “double top” trading pattern, which occurs when share prices indicate two distinct peaks on a chart. The pattern is completed when prices decline below the lowest point of the first peak, signaling the end of an uptrend. Wilmar reached its first peak when it rose to an intra-day high of $6.96 on Aug 13. After retreating to a low of $5.98 on Aug. 21, the stock advanced to $7 on Sept 24, establishing a second peak. Wilmar fell 2.9% yesterday to $6.32. “Fears of a double top formation could bring down the trading range to around $6 to $6.50,” Najeeb Jarhom, an AmFraser Securities analyst, wrote in a note. “Volatility should continue in the coming days.” The stock may find “strong support” between $5.96 and $5.99, he added. Wilmar tumbled as much as 6.1% yesterday to $6.11 after FinanceAsia reported on its Web site that the listing of the company’s China unit in Hong Kong may be delayed until the market stabilizes. No decision has been taken for the exact timing of the share sale, the company said in a statement to the Singapore stock exchange. The pricing and timing of the initial public offering will depend on market conditions, it said. |
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01-Oct-2009 15:49 | Ho Bee Land / Ho Bee / SC Global (High end Prop) Go to Message | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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1 October 2009 https://www.ura.gov.sg/pr/text/2009/pr09-67.html URA releases flash 3rd quarter 2009 private residential property price index The Urban Redevelopment Authority (URA) released today the flash estimate of the price index of private residential property for 3rd Quarter 2009. Based on the estimated price index of private residential property, prices rose from 133.3 points in the 2nd Quarter 2009 to 154.5 points in the 3rd Quarter 2009. This represents an increase of 15.9%, compared with the 4.7% decline in the p revious quarter (see Annex A). URA also released today the flash estimates of the price changes in the 3 geographical regions for 3rd Quarter 2009. Prices of non-landed private residential properties increased by 16.2% in Core Central Region, 19.1% in Rest of Central Region and 15.4% in Outside Central Region in the quarter (see Annex B). In comparison, for 2nd Quarter 2009, prices of non-landed private residential properties decreased by 5.2% in Core Central Region, 4.4% in Rest of Central Region and 2.3% in Outside Central Region. The flash estimates are compiled based on transaction prices given in caveats lodged during the first ten weeks of the quarter supplemented by information on the number of new units sold. The statistics will be updated 4 weeks later when URA releases the full 3rd Quarter 2009 real estate statistics, when more data on the caveats lodged and the take-up of new projects are captured. Past data have shown that there could be significant differences between the quarterly price changes indicated by the flash estimate and the actual price changes. The public is advised to interpret the flash estimates with caution. URA will continue to release relevant price sensitive information in a timely manner to allow the public to make informed decisions. On the supply side, the statistics on private residential units in the pipeline, which were last released in April 2009, will be updated in the 3rd Quarter 2009 Real Estate Statistics to be released on 23 October 2009. |
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01-Oct-2009 15:48 | Allgreen / Allgreen - Can buy ? Go to Message | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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1 October 2009 https://www.ura.gov.sg/pr/text/2009/pr09-67.html URA releases flash 3rd quarter 2009 private residential property price index The Urban Redevelopment Authority (URA) released today the flash estimate of the price index of private residential property for 3rd Quarter 2009. Based on the estimated price index of private residential property, prices rose from 133.3 points in the 2nd Quarter 2009 to 154.5 points in the 3rd Quarter 2009. This represents an increase of 15.9%, compared with the 4.7% decline in the p revious quarter (see Annex A). URA also released today the flash estimates of the price changes in the 3 geographical regions for 3rd Quarter 2009. Prices of non-landed private residential properties increased by 16.2% in Core Central Region, 19.1% in Rest of Central Region and 15.4% in Outside Central Region in the quarter (see Annex B). In comparison, for 2nd Quarter 2009, prices of non-landed private residential properties decreased by 5.2% in Core Central Region, 4.4% in Rest of Central Region and 2.3% in Outside Central Region. The flash estimates are compiled based on transaction prices given in caveats lodged during the first ten weeks of the quarter supplemented by information on the number of new units sold. The statistics will be updated 4 weeks later when URA releases the full 3rd Quarter 2009 real estate statistics, when more data on the caveats lodged and the take-up of new projects are captured. Past data have shown that there could be significant differences between the quarterly price changes indicated by the flash estimate and the actual price changes. The public is advised to interpret the flash estimates with caution. URA will continue to release relevant price sensitive information in a timely manner to allow the public to make informed decisions. On the supply side, the statistics on private residential units in the pipeline, which were last released in April 2009, will be updated in the 3rd Quarter 2009 Real Estate Statistics to be released on 23 October 2009. |
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01-Oct-2009 15:46 | CityDev / CityDev Go to Message | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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1 October 2009 https://www.ura.gov.sg/pr/text/2009/pr09-67.html URA releases flash 3rd quarter 2009 private residential property price index The Urban Redevelopment Authority (URA) released today the flash estimate of the price index of private residential property for 3rd Quarter 2009. Based on the estimated price index of private residential property, prices rose from 133.3 points in the 2nd Quarter 2009 to 154.5 points in the 3rd Quarter 2009. This represents an increase of 15.9%, compared with the 4.7% decline in the p revious quarter (see Annex A). URA also released today the flash estimates of the price changes in the 3 geographical regions for 3rd Quarter 2009. Prices of non-landed private residential properties increased by 16.2% in Core Central Region, 19.1% in Rest of Central Region and 15.4% in Outside Central Region in the quarter (see Annex B). In comparison, for 2nd Quarter 2009, prices of non-landed private residential properties decreased by 5.2% in Core Central Region, 4.4% in Rest of Central Region and 2.3% in Outside Central Region. The flash estimates are compiled based on transaction prices given in caveats lodged during the first ten weeks of the quarter supplemented by information on the number of new units sold. The statistics will be updated 4 weeks later when URA releases the full 3rd Quarter 2009 real estate statistics, when more data on the caveats lodged and the take-up of new projects are captured. Past data have shown that there could be significant differences between the quarterly price changes indicated by the flash estimate and the actual price changes. The public is advised to interpret the flash estimates with caution. URA will continue to release relevant price sensitive information in a timely manner to allow the public to make informed decisions. On the supply side, the statistics on private residential units in the pipeline, which were last released in April 2009, will be updated in the 3rd Quarter 2009 Real Estate Statistics to be released on 23 October 2009. |
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29-Sep-2009 22:36 | COSCO SHP SG / CoscoCorp Go to Message | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Cosco units delay delivery of 5 bulk carriers; delivers 2 vessels Cosco Corporation (Singapore) says that units Cosco (Dalian) Shipyard Co. and Cosco (Guangdong) Shipyard Co. have agreed to reschedule the delivery dates of five bulk carriers contracted by an European ship owner. The delivery dates for those five vessels will now be delayed by between four and 13 months till not later than 2012. Meanwhile, Cosco Corporation (Singapore) says unit Cosco (Dalian) Shipyard Co. has delivered two new build ships, which are both 57,000 dwt bulk carriers, namely the M.V. Chang Shun II and the M.V. Ingrid C, to its buyers, who are Sino-African and European ship owners respectively. Each bulk carrier measures 189.99m long, 32.26m wide and 18m high, has a draft of 12.8m and a navigation speed of 14.2 knots. (The Edge 29 Sept 2009) |
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29-Sep-2009 15:17 | Ho Bee Land / Ho Bee / SC Global (High end Prop) Go to Message | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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CIMB 29 September 2009 Singapore Strategy Positive implications for Property and Banks According to SingStat, Singapore's population is now 5.0m. A rising population is a big positive for Singapore. The latest population census provides further impetus to our increasingly bullish position on property stocks. The addition of more than 55k PRs and foreigners in a recession flags a core demand of 15.7k residential units p.a., assuming 3.5 to a household. Foreigners could add more to demand. This compares well with the forecast completed supply of 5,400 residential units in 2010, 12,900 units in 2011 and 13,800 in 2012. Growing core demand for property could explain the healthy transaction volumes in the private residential market over 2Q/3Q09, as well as buyers’ willingness to pay high cash-over-valuations for HDB flats and rising rentals. While recent government measures aimed at curbing excessive property price appreciation could dampen share prices, we take the view that they cannot override the fundamental drivers of population growth and low interest rates. Banks would also benefit from higher loan volumes if healthy transaction volumes continue. We maintain our 3,200 end-CY10 FSSTI target, based on 15x CY11 P/E. Our top picks among the banks and property stocks are Allgreen, City Developments, Ho Bee, UOL and UOB. A rising population is a big positive for Singapore. This set of data provides further impetus to our increasingly bullish position on property stocks. The addition of more than 100k PRs and foreigners in a recession flags a core demand of 20k residential units p.a.,assuming four to a household. This compares well with the forecast completed supply of 5,400 residential units in 2010, 12,900 units in 2011 and 13,800 in 2012. Growing core demand for property could explain the healthy transaction volumes in the private residential market over 2Q/3Q09, as well as buyers’ willingness to pay high cash-overvaluations for HDB flats and rising rentals. While recent government measures aimed at curbing excessive property price appreciation could dampen share prices, we take the view that they cannot override the fundamental drivers of population growth and low interest rates. Banks would also benefit from higher loan volumes if healthy transaction volumes continue, although we note that system loans are currently supported by just a single pillar – mortgages – as business loans contract. Also, as confidence improves, competition for loans will bring down loan spreads and douse the positives from the volume front. We maintain our 3,200 end-CY10 FSSTI target, based on 15x CY11 P/E. |
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29-Sep-2009 11:02 | Allgreen / Allgreen - Can buy ? Go to Message | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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July & Aug'09 Singapore Segment Est Revenue: $514.1mln* ^One Devonshire (Devonshire Road) Total Number of Units in Project: 152 units Cumulative Units Launched to-date: 152 units Cumulative Units Sold to-date: 149 units GFA (sf): est 179,732 July'09 Units Sold: 5 units July'09 Est Revenue: 5 / 152 x 179,732sf x $1,732psf = $10.2mln* Aug'09 Units Sold: 1 unit Aug'09 Est Revenue: 1 / 152 x 179,732sf x $2,066psf = $2.4mln* ^Pavilion Park (Phase 2) (Bukit Batok Road) Total Number of Units in Project: 298 units Cumulative Units Launched to-date: 84 units Cumulative Units Sold to-date: 82 units GFA (sf): Per Intermediate Terrace: Gross Floor Area (Sq Ft) 2274 - 2298 July'09 Units Sold: 16 units July'09 Est Revenue: 16 x 2,286sf x $751psf = $27.5mln* Aug'09 Units Sold: 2 units Aug'09 Est Revenue: 2 x 2,286sf x $750psf = $3.4mln* ^VIVA (Suffolk Walk ) Total Number of Units in Project: 235 units Cumulative Units Launched to-date: 235 units Cumulative Units Sold to-date: 218 units GFA (sf):est 354,488 Aug'09 Units Sold:203 units Aug'09 Est Revenue: 203 / 235 x 354,488sf x $1,537psf = $470.6mln* ^www.ura.gov.sg |
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28-Sep-2009 00:04 | Allgreen / Allgreen - Can buy ? Go to Message | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Recommendations Allgreen Properties Limited Consensus Recommendation: Outperform Analyst Recommendations and Revisions: Last Updated: 26 Sep 2009 Current: (1) BUY: 4 (2) OUTPERFORM: 3 (3) HOLD: 3 (4) UNDERPERFORM: 1 (5) SELL: 0 Mean Rating 2.09 |
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28-Sep-2009 00:03 | RickmersMaritime / Container ships charterer with 170+ years history Go to Message | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Recommendations Rickmers Maritime Consensus Recommendation: Underperform Analyst Recommendations and Revisions: Last Updated: 26 Sep 2009 Current: (1) BUY: 0 (2) OUTPERFORM: 0 (3) HOLD: 2 (4) UNDERPERFORM: 0 (5) SELL: 4 Mean Rating 4.33 (reuters) Tue, 1 Sep 2009, OCBC Rickmers Maritime (RMT) has some very immediate issues to resolve and unfortunately, the increased cash retention is comparatively just a drop in the bucket. It is in the sponsor’s best interest that RMT honours its obligations as the sponsor acts like an intermediary on the acquisitions. Possible compromises involve delaying delivery of vessels (for a price) or letting the sponsor warehouse the assets (for a price) or raising a significant amount of equity (ability to do so is questionable). Whatever the final solution, we believe it is not likely to favour the unitholders. With the high level of leverage and sizeable acquisitions fixed at peak prices, we believe RMT is essentially behaving like a toxic asset. When a leveraged play unwinds, the equity tranche is the worst place to be. We maintain our SELL rating on RMT but reduce our fair value estimate to S$0.16 from S$0.39 as we switch to a probability-weighted valuation approach that reflects the likelihood and consequences of distress. |
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27-Sep-2009 23:49 | Yanlord Land / Lord of China Prop Go to Message | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Recommendations Yanlord Land Group Limited Consensus Recommendation: Outperform Analyst Recommendations and Revisions: Last Updated: 26 Sep 2009 Current: (1) BUY: 4 (2) OUTPERFORM: 4 (3) HOLD: 2 (4) UNDERPERFORM: 0 (5) SELL: 0 Mean Rating 1.80 |
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27-Sep-2009 23:46 | Midas / Midas Go to Message | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Recommendations for Midas Holdings Limited Consensus Recommendation: Outperform Analyst Recommendations and Revisions: Current: (1) BUY: 3 (2) OUTPERFORM: 1 (3) HOLD: 1 (4) UNDERPERFORM: 0 (5) SELL: 0 Mean Rating 1.60 |
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27-Sep-2009 23:26 | ParkwayLife Reit / PLife REIT Go to Message | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Phillip Securities Research 24/09/2009 Parkway Life REIT Recommendation and valuation. We feel that the REIT sector has resolved most of + The underlying portfolio provides a stable and growing cash flow that is defensive in nature; Our forecasts have not factor in any acquisitions yet. We believe Plife will be making |
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26-Sep-2009 09:54 | Yanlord Land / Lord of China Prop Go to Message | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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(BUY; S$2.46; Price Target: S$2.81 (Prev. S$2.80);YLLG SP) Yanlord Landbanks at Waigaoqiao Yanlord has announced land acquisitions at Waigaoqiao in Pudong District, Shanghai. It had acquired four residential parcels with a total GFA of approximately 162,074 sqm in a public land auction, for a total of RMB 2.61bn or around RMB 16,000 psm. These sites are adjacent to Yanlord's earlier acquisitions in Jul 2008 at the same Waigaoqiao District, which were acquired at a lower RMB 1.19bn (total area of 158,600 sqm) or RMB 7,500 psm. Yanlord plans to combine these land parcels with a total GFA of approximately 320,000 sqm for the development of a large-scale international community, and the combined land cost works out to be RMB 11,850 psm. The Waigaoqiao sites are located on the southern edge of Shanghai's latest eco-development district "Senlan Waigaoqiao". It is currently close to the Waigaoqiao Free Trade Zone and Waigaoqiao Port, and hopes are that the District will capitalise on the potential brought about by new industrial development and an influx of new and foreign talents. Our current ASP assumption for the Waigaoqiao site is around RMB 28,000 sqm, lower than what Yanlord had achieved at Yanlord Riverside City, given that the current area at Waigaoqiao is still more associated with industrial development. This works out to an EBIT margin of around 30%. Keeping ASP assumptions constant, the latest acquisition would increase Yanlord's RNAV by 1 cent from S$3.11 to S$3.12. Maintaining our 10% discount would increase TP by 1 cent from S$2.80 to S$2.81. In terms of sensitivity, every 10% increase in ASP for Waigaoqiao would add 5 cents to Yanlord's RNAV. We expect Waigaoqiao to contribute to Yanlord's earnings only in FY12. Maintain BUY. DBS Group Research . Equity 23 September 2009 |
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26-Sep-2009 00:12 | Ho Bee Land / Ho Bee / SC Global (High end Prop) Go to Message | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Ha ha ha "The Business Times" make mistake! http://www.businesstimes.com.sg/sub/latest/story/0,4574,351935,00.html?
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25-Sep-2009 23:16 | Ho Bee Land / Ho Bee / SC Global (High end Prop) Go to Message | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Sept 25, 2009, (BT) Ho Bee, Yanlord in China property joint venture Property groups Ho Bee Investment and Yanlord Land Group on Friday said that they had sent up a joint venture company in China. Ho Bee will hold a 80 per cent stake in the JV company, Yanlord Ho Bee Investments Pte Ltd. Yanlord will hold the remaining 20 per cent stake. The JV company will undertake a feasibility study on a property development project in China. It has an initial issued share capital of US$100,000. |
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24-Sep-2009 15:01 | CharteredSC / Chartered takeover Go to Message | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Chartered's forecast Q3 loss should be higher: KPMG Outlook needs to include expected US$8.2m expenses linked to ATIC move CHARTERED Semiconductor Manufacturing, which expects an expense of US$8.2 million relating to the proposed acquisition of the Singapore chip foundry by Advanced Technology Investment Company (ATIC), should have recognised this expense in its recent third-quarter financial performance forecast. Independent external auditors KPMG said this in a letter dated Sept 22 to Chartered's directors. This means that the projected range of quarterly net loss should be US$8.2 million to US$16.2 million, instead of a net loss of up to US$8 million as forecast in the updated third-quarter outlook issued on Sept 7. 'In our opinion, this amount (US$8.2 million) should be recognised as an expense in the outlook in accordance with accounting policies normally adopted by the group,' KPMG said after reviewing the outlook figures.... (BT - 24Sep09) |
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24-Sep-2009 14:49 | Mercator Lines / Mercator Lines Go to Message | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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MERCATOR LINES (SINGAPORE) LIMITED (the “Company”) Company Registration No. 200507205N (Incorporated in Singapore on 26 May 2005) THE FIRST AND FINAL DIVIDEND OF 1.16 SINGAPORE CENTS PER SHARE ("SHARE") ONE TIER TAX EXEMPT FOR THE YEAR ENDED 31 MARCH 2009 - ALLOTMENT AND ISSUE OF NEW SHARES AND PAYMENT IN CASH The Company refers to the announcements made by the Company on 14 May 2009, 5 June 2009, 21 July, 2009, 29 July, 2009 and 7 August 2009, 21 August 2009 and 4 September 2009 (the “ respect of the application of the Dividend Reinvestment Scheme of the Company (the " Reinvestment Scheme tax exempt for the year ended 31 March 2009 (the " The Company is pleased to announce that 3,444,415 new ordinary shares in the capital of the Company (the " issue price of S$0.31 for each New Share to eligible shareholders who have validly elected to participate (" The New Shares, credited as fully paid, have been allotted and issued to The Central Depository (Pte) Limited (" Participating Shareholders who are registered in the Company's register of members (in the form of new share certificates posted at the risk of the relevant Participating Shareholders to their registered address in the Company's register of members), as the case may be. The New Shares will rank pari passu in all respects with the existing Shares, then in issue. Participating Shareholders' securities accounts will be credited, and the New Shares will be listed and quoted on the official list of the SGX-ST, on or around 24 September 2009. As a result of the issue of the New Shares, the number of issued and paid-up shares of the Company has increased from 1,245,155,161Shares to 1,248,599,576 Shares. Eligible shareholders who did not elect to participate in the Dividend Reinvestment Scheme and overseas shareholders who had not provided registered addresses in Singapore to the Company's Singapore Share Registrar, Boardroom Corporate & Advisory Services Pte Ltd, or the Central Depository (Pte) Limited, as the case may be, will receive the Final Dividend in cash on 23 September 2009. For and on behalf of Mercator Lines (Singapore) Limited Shalabh Mittal Managing Director & CEO 23 September, 2009 Announcements”) inDividend") to the first and final dividend of 1.16 Singapore cents per share ("Share") one tierFinal Dividend”).New Shares") have been allotted and issued in connection with the Dividend Reinvestment Scheme at anParticipating Shareholders") in the Dividend Reinvestment Scheme in respect of the Final Dividend.CDP") (for credit to the securities accounts of Participating Shareholders with CDP) and toDeutsche Bank AG, Singapore Branch and Merrill Lynch (Singapore) Pte. Ltd. were the Joint Bookrunners, Joint Lead Managers, Issue Managers and Underwriters and DBS Bank Ltd was the Joint Lead Manager,
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24-Sep-2009 14:42 | Tat Hong / Tat Hong Growing to a Global Player Go to Message | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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