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Viz Branz: To Be Delisted On 25 September 2013.

Viz Branz Limited's shares will be delisted from the SGX-ST with effect from 9:00 a.m. of Wednesday, 25 September 2013...

Otto Marine: Private Equity Firm Subscription Of S$10 Million Redeemable Preference Shares In Go Marine.

Otto Marine Limited is pleased to announce that pursuant to an investment agreement dated 16 September 2013 entered into between Go Marine Investments Private Limited, Go Marine Group Pty Ltd and a Singapore based private equity firm, the private equity firm has subscribed for S$10 million redeemable preference shares in GMIPL. The issuance and allotment of the redeemable preference shares in GMIPL has been completed on 18 September 2013...

Yanlord: Sees Strong Start To September 2013 Pre-Sales With RMB2.607 Billion Accumulated From Launch Of 2 Projects In Nanjing And Shanghai.

Yanlord Land Group Limited achieved approximately RMB2.607 billion in the first two weeks of September 2013 from the launches of apartment units in Yanlord Yangtze Riverbay Town (Phase 3) in Nanjing and Yanlord Sunland Gardens (Phase 2) in Shanghai. Opening to strong response from the market on 14th September 2013, Yanlord sold approximately 89.7% or 305 of the 340 apartment units launched during the first two days of its second batch launch of apartment units at Yanlord Yangtze Riverbay Town (Phase 3). An average selling price of approximately RMB27,765 per square metre was achieved for the 57,561 sqm gross floor area sold. The total contracted pre-sales derived from the launch for the first two days amounted to approximately RMB1.598 billion...

Hyflux: Officially Open Singapore's Second And Largest Desalination Project With PUB.

PUB, the national water agency of Singapore and Hyflux Ltd officially opened Singapore's second and largest seawater reverse osmosis desalination plant, Tuaspring Desalination Plant. With a capacity of 70 million gallons, or 318,500 cubic metres of desalinated water per day, the Tuaspring Desalination Plant marks another major step in Singapore's journey towards water sustainability. Singapore's Prime Minister Lee Hsien Loong officiated the opening of the desalination plant at a ceremony attended by about 800 guests including foreign dignitaries, government officials, industry representatives and business partners...

Blumont: To Invest A$116 Million For A Significant Interest In Discovery Metals Limited, A Copper Producer Listed On ASX.

Blumont will subscribe for 73.1 million placement shares at a price of A$0.12 per share, and a further US$100 million 5-year convertible bonds. This is the Group's largest transaction to date. Blumont Copper's maiden foray after its incorporation is for an established copper producer and it is the first significant transaction of size by an SGX-listed company within the copper industry globally. Assuming full subscription and conversion of the Convertible Bonds, Blumont Copper will hold a controlling stake in Discovery Metals...

Blumont: Forms JV With High Profile Industry Expert, Ines Scotland, To Expand Copper Investments.

Ms Scotland is Founder and former Managing Director of ASX-listed mining group, Citadel Resource Group Limited, and is lauded as one of Australia's most successful mining executives in the copper sector. Under her leadership, Citadel grew from a A$10 million company to a A$700 million company within three years. In 2010, Ms Scotland managed the sale of Citadel to Equinox Minerals Limited at a premium price of A$1.25 billion...

Food Junction: Remaining Shareholders May Exercise Right to Sell To Offeror.

Remaining shareholders of Food Junction Holdings Limited have a right, under Section 215(3), to require the Offeror, APG Strategic Investment Pte. Ltd., to purchase their Shares on the same terms as those applicable under the Offer, including the Offer price. Remaining Shareholders may exercise this right from 28 August 2013 to 28 November 2013...

Logistics Holdings: Asian Trust Investment Increases Stake To 5.6%.

Asian Trust Investment Pte Ltd has increased its stake in Logistics Holdings Limited from 4.97% to approximately 5.60%, making it a substantial shareholder of the Company. Mr Pai Keng Pheng, the Director of Asian Trust has expressed his confidence in the Group's business and future prospects. Mr Pai, who is well-known in the oil and gas industry, is the managing director of PT Sentek Indonesia which is currently one of the biggest shipyards in Batam, Indonesia. PT Sentek Indonesia is involved in new shipbuilding, offshore activities and ship repair and conversion, chartering service of barges and launching services...

Nam Cheong: To Acquire 49% Stake In PT Bahtera Niaga Indonesia For US$1.5 Million.

Nam Cheong Limited's wholly-owned subsidiary, Nam Cheong Pioneer Sdn Bhd has entered into a Cooperation Agreement with PT Bahtera Niaga Internasional, a company duly incorporated and validity existing under the laws of Republic of Indonesia and Ms Nelly, an Indonesian citizen, to jointly invest in a shipping company in Indonesia. Pursuant to the Co-operation Agreement, NCP will acquire 49% of the equity stake in PT Bahtera Niaga Indonesia from BNI for the purchase consideration of US$1.5 million. As an integrated offshore player, the JV Co is strategically positioned to seize opportunities presented in the Indonesian market...