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Latest Posts By yipyip - Master      About yipyip
First   < Newer   141-160 of 807   Older>   Last  

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
Good Post  Bad Post 
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].
Good Post  Bad Post 
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.
Good Post  Bad Post 
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.
Good Post  Bad Post 
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.
Good Post  Bad Post 
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.
Good Post  Bad Post 
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
Good Post  Bad Post 
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.
Good Post  Bad Post 
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
Good Post  Bad Post 
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
VALUE + GROWTH

Recommendation and valuation. We feel that the REIT sector has resolved most of
the refinancing debacle that has plagued the sector in the past year. With credit issue
out of the way, REIT managers should be turning their attentions to their growth
strategy. In our opinion, Plife has satisfied all the criteria in carrying out an expansion.

+ The underlying portfolio provides a stable and growing cash flow that is defensive in nature;
+ its low gearing allows it to gear up;
+ Compared to other much bigger REITs, Plife relatively small asset size of $1 billion means
    that it does not need to make acquisitions of huge value in order to contribute significantly to bottom line.

Our forecasts have not factor in any acquisitions yet. We believe Plife will be making
in-roads on the acquisition front soon. We revise our valuation parameter with a
lower WACC of 6.36% resulting from lower risk premium assumption. Fair value
raise from $1.21 to $1.37. Plife is currently trading at 0.86 times book value and
offers a dividend yield of 6.6%. Reiterate our Buy recommendation on a value +
growth thesis.

Good Post  Bad Post 
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
Good Post  Bad Post 
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?

Singapore  
September 25, 2009, 5.38 pm (Singapore time)

Ho Bee, Yanlord in China property joint venture


 

By UMA SHANKARI

 

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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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.
Good Post  Bad Post 
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, 2009Announcements”) 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 to

Deutsche 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,

Coordinator of the Public Offer and Underwriter.

Good Post  Bad Post 
24-Sep-2009 14:42 Tat Hong   /   Tat Hong Growing to a Global Player       Go to Message
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>> ANNOUNCEMENT DETAILS
The details of the announcement start here ...
 
>> PART I
 
1. Date of notice to issuer * 22-09-2009  
 
2. Name of Director * Leong Horn Kee 
 
3. Please tick one or more appropriate box(es): *
 
  • Notice of a Director's (including a director who is a substantial shareholder) Interest and Change in Interest. [Please complete Part II and IV]
  •  
     
    >> PART II
     
    1. Date of change of Interest 22-09-2009  
     
    2. Name of Registered Holder Leong Horn Kee  
     
    3. Circumstance(s) giving rise to the interest or change in interest Open Market Purchase  
      # Please specify details
       
     
    4. Information relating to shares held in the name of the Registered Holder
     
    No. of Shares held before the change 550,000  
    As a percentage of issued share capital 0.109 %
     
    No. of Shares which are subject of this notice 50,000  
    As a percentage of issued share capital 0.01 %
     
    Amount of consideration (excluding brokerage and stamp duties) per share paid or received 1.08  
     
    No. of Shares held after the change 600,000  
    As a percentage of issued share capital 0.12 %
     
     
    >> PART III
     
    1. Date of change of [Select Option]  
     
    2. The change in the percentage level From % To %
     
    3. Circumstance(s) giving rise to the interest or change in interest [Select Option]  
      # Please specify details
       
     
    4. A statement of whether the change in the percentage level is the result of a transaction or a series of transactions:
       
     
     
    >> PART IV
     
    1. Holdings of Director , including direct and deemed interest :
     
    Direct
    Deemed
    No. of shares held before the change 550,000   100,000  
    As a percentage of issued share capital 0.109 % 0.02 %
    No. of shares held after the change 600,000   100,000  
    As a percentage of issued share capital 0.12 % 0.02 %
     
    Footnotes
    The above percentages were calculated based on 506,626,723 total issued shares inclusive of 1,961,000 treasury shares.  
     
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