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Keppel: Secures US$1.1 Billion Order From Transocean To Build 5 Jackup Rigs With Options For 5 More.

Keppel FELS Limited, a wholly-owned subsidiary of Keppel Offshore & Marine, has secured a repeat order from a subsidiary of Transocean Ltd. to build 5 KFELS Super B Class jackup rigs for US$1.1 billion. The rigs are scheduled to be delivered progressively from 1Q 2016 to 3Q 2017. In addition, Transocean has options to build up to another five similar jackup rigs with Keppel FELS...

CSC: 2Q14 Net Profit Down 14.6% To S$1 Million.

CSC Holdings Limited's net profit and earnings per share of $1.7 million and 0.08 cents respectively for 2Q14, compared to $2.3 million and 0.10 cents recorded in 2Q13. Net profit and earnings per share similarly fell to $2.8 million and 0.13 cents per share in 1H14, from $4.1 million and 0.17 cents per share respectively in 1H13. 2Q14 net profit and earnings per share improved marginally over 1Q14...

Pacific Radiance: Registered IPO At S$0.90 Per Offer Share.

Pacific Radiance Ltd. is a fast expanding owner and operator of a young and diverse fleet of offshore vessels with a significant presence in Asia...

Hwa Hong: Acquisition Of 19% Stake In Prime London Residential Property For GBP5 Million.

Hwa Hong Corporation Limited's wholly owned subsidiary has acquired an interest of approximately 19 per cent. in GOGC Allen House LP, a Cayman Islands exempted limited partnership, for approximately GBP5.0 million, approximately SGD 9.9 million. The Partnership is managed by Gaw Capital Partners, a Hong Kong-based real estate private equity investment firm and GreenOak Real Estate Advisors, a global real estate investment and advisory firm. GOGCAH has acquired a 6-storey prime freehold residential building located on Allen Street, London, United Kingdom...

Parkway Life REIT: DPU Up 3.5% To 2.66 Cents For 3Q 2013.

Distributable income increases 3.5% y-o-y to S$16.1 million for 3Q 2013. Further expands Japan presence with five yield accretive nursing home acquisitions. Completed the pre-emptive refinancing of all debts due in FY2014, reducing any near term refinancing risk. Locked in JPY net income hedge for the next 4 to 6 years, thereby ensuring stable distribution growth...

LMIR Trust: 3Q 2013 DPU Up By 19.2%.

Underlying portfolio rental growth of 25% in IDR terms y-o-y. Net Property Income of S$ 37.1 million, increased by 12.2% y-o-y. Impact from IDR depreciation was mitigated by the in-place currency hedges. DPU increased to 0.87 cents, an increase of 19.2% y-o-y. Portfolio occupancy remained high at 95.1%...

Heeton: Inaugural S$75 Million 5.6% Notes Issue Sees Strong Investor Demand.

Notes witness robust demand from cornerstone investors and private banking accounts. Offering is well oversubscribed. Inaugural series is issued under S$300 million Multicurrency Debt Issuance Programme...

InnoTek: Records Q3'13 Profit Of S$4.6 Million, Lifted By One-Off S$7.4 Million Gain On Disposal Of Hong Kong Premise.

InnoTek Limited recorded net profit of S$4.6 million for the third quarter ended 30 September, 2013 reversing a loss of S$3.4 million in the same period last year, mainly due to a one-off gain on disposal of its Hong Kong premise. Revenue increased by S$0.9 million to S$66.7 million in Q3'13 from S$65.8 million in Q3'12. Sales for the Precision Components and Tooling businesses rose S$7.8 million to S$60.0 million from S$52.2 million, partially offset by the decline in revenue from the Precision sub-assembly segment by S$6.9 million to S$6.7 million from S$13.6 million, respectively...

Yoma: Post 2Q14 Net Profit Of S$3.3 Million Vs 2Q13 Net Loss Of S$4.2 Million.

Revenue growth driven by continued strong performance of the Real Estate Division. 2Q2014 net profit attributable to equity holders increased to S$3.3 million from loss in previous corresponding quarter. Yoma Strategic partners with more international corporations...

Jason Marine: Posts 1H FY14 Profit Of S$1.1 Million, Turnaround Driven By 57% Increase In Revenue.

Improved results driven by the recent sharpened business focus and diligent cost management. Group remains in a strong financial position with improved net cash of S$14.2m. Operating conditions are still challenging, Group remains cautious...

NSL: Post 3Q13 Net Profit Of S$2 Million Vs 3Q12 Net Loss Of S$2.5 Million.

NSL Ltd reported higher profit before tax of S$2.5 million in 3Q2013 compared to a loss of S$4.7 million in 3Q2012. The positive result was driven by improved pre-tax performance of the Construction Products division on the back of higher revenue, partially offset by a decline in the profitability of the Environmental Services division...

Sunningdale: 3Q13 Net Profit Up 154% To S$3.8 Million.

Sunningdale Tech Ltd's revenue had increased marginally by 0.3% from $120.9 million in 3Q12 to $121.2 million in 3Q13. The increase came from all business segments except mould fabrication. During the period, gross profit increased by 19.1% from $12.8 million in 3Q12 to $15.2 million in 3Q13. Gross margin for 3Q13 was 12.6% as compared to 10.6% in 3Q12. The increase in gross margin was mainly due to improvement in capacity utilization in certain plants and cost management. The Group achieved a net profit of $3.8 million in 3Q13 compared to $1.5 million in 3Q12...

Aspial: 3Q13 Net Profit Up 24% To S$18 Million.

Aspial Corporation Limited has achieved better results with a record revenue of $398.1 million for the nine months ended 30 September 2013. Group pre-tax profit surged 73.0% from $50.8 million in 9M 2012 to $87.9 million in 9M 2013...

BreadTalk: 3Q13 Net Profit Flat At S$3.4 Million.

BreadTalk Group Limited's net profit attributable to shareholders for the nine months rose 3.0% to $8.0 million for the period ended 30 September 2013. Group revenue grew 18.9% to $389.4 million, contributed by its Food Atrium division which posted sales growth of 28.9% and net profit improvement of more than 8 times, thanks to a turnaround in its Singapore operations. Its food atriums in Mainland China and Hong Kong continued to register strong profit contributions...

Memstar: 1Q14 Net Profit Flat At RMB15 Million.

1QFY2014 revenue slipped 13.1% year-on-year to RMB47.4 million due to decrease in sales of membrane products arising from project delays. Marginally higher gross profit margin of 60.9% for 1QFY2014. Group to enhance membrane capabilities in order to sharpen competitiveness and capture higher sales from a wider OEM customer base in the global water membrane sector...

Tiong Woon: 1Q14 Net Profit Up 11% To S$4.6 Million.

Tiong Woon Corporation Holding Ltd announced its results for the three months ended 30 September 2013. Turnover rose 3% to S$44.6 million and gross profit jumped 30% to S$14.8 million with an increase in gross profit margin to 33% from the 26% for the 3 months ended 30 September 2012. Net profit attributable to equity holders of the Company increased 11% to S$4.6 million from the S$4.1 million in 1Q2013...