ISDN: Warrants Rights Issue 216.2% Subscribed.

Based on the total number of issued Shares of ISDN Holdings Limited of 359,944,950 as at the Books Closure Date, 179,972,475 Warrants were available for subscription under the Warrants Issue. At the close of the Warrants Issue on 1 November 2013, valid acceptances and excess applications for a total of 389,085,609 Warrants were received, inclusive of Warrants accepted by the Undertaking Shareholder pursuant to the Irrevocable Undertaking. This represents approximately 216.2% of the total number of Warrants available for the subscription under the Warrants Issue...

Xpress: Rights Issue 150.4% Subscribed.

Xpress Holdings Ltd wishes to announce that, based on the total issued share capital of the Company of S$105.84 million comprising 1,748,519,374 Shares as at the Book Closure Date, a total of 699,407,749 Rights Shares were available for subscription under the Rights Issue. As at the close of the Rights Issue on 30 October 2013, valid acceptances and Excess Applications for a total of 1,051,929,997 Rights Shares were received. This represents approximately 150.4% of the 699,407,749 Rights Shares that were available for subscription under the Rights Issue...

People's Food: Closing Date For The Offer Will Be Extended To 17 December 2013.

Accordingly, based on information available to the Offeror, New Oceana Limited, as at 5.00 p.m. on 5 November 2013, the Offeror and its Concert Parties owned, controlled or have agreed to acquire, including by way of valid acceptances of the Offer, an aggregate of 826,336,930 Shares, representing approximately 72.37% and 71.63% of the total number of issued Shares and the maximum potential issued share capital of the Company respectively. Accordingly, the Closing Date for the Offer will be extended to 5.30 p.m. on 17 December 2013...

CRCT: Signs Agreement To Acquire Grand Canyon Mall In Beijing For RMB1.82 Billion.

CapitaRetail China Trust is pleased to announce that HSBC Institutional Trust Services (Singapore) Limited, the trustee of CRCT, has exercised its call option and signed an agreement with CapitaMalls Asia Limited to acquire Grand Canyon Mall in Beijing. This follows the official approval granted to CMA by the Chinese government to acquire the mall, after CMA's successful tender for Grand Canyon Mall in July 2013. That same month, CRCT had entered into a conditional call option agreement with CMA, pursuant to its right of first refusal under an existing agreement with CMA, to acquire the mall...

CM Property: Land Use Right Acquisition At RMB357.4 Million.

Recently, the subsidiary company of China Merchants Property Development Co., Ltd., Guangzhou China Merchants Property Co., Ltd. got the use right of the state-owned construction land of Foshan FNW (G) 2013-050 block through listing transfer. The total transaction price of the block is RMB 357.4 million...

City Developments: Proposed Sale Of Tanglin Shopping Centre By Millennium & Copthorne Hotels plc.

Millennium & Copthorne Hotels plc announces that its wholly-owned subsidiary, King's Tanglin Shopping Pte Ltd, has signed a Collective Sale Agreement with respect to its strata-titled interest in Tanglin Shopping Centre, a shopping-cum-office complex situated at Tanglin Road in the Orchard Road shopping and tourist district of Singapore. KTSPL owns 85 freehold strata units out of a total of 363 units representing approximately 34 per cent of the share value in Tanglin Shopping Centre. KTSPL's units comprise of 83 retail/office units and 325 carpark lots (representing 2 units) which have been held as a long-term investment since 1981...

VARD: 3Q13 Net Profit Down 66.7% To NOK76 Million.

Revenue of NOK 2.37 billion and EBITDA of NOK 103 million for 3Q 2013. EBITDA margin, representing EBITDA to total operating revenues, of 4.4% for 3Q 2013, margins still weighed down by Brazil operations. Record order intake of NOK 7.95 billion in 3Q 2013. New shipyard in Brazil, Vard Promar, ramping up production, first blocks completed. Positive outlook for new order wins for the remainder of 2013 and going into 2014, notwithstanding a highly competitive market...

China Minzhong: Indofood Stake Reduced To 82.88% After 40 Million Shares Placement To UOB Kay Hian.

China Minzhong Food Corporation Limited wishes to announce that PT Indofood Sukses Makmur Tbk has informed the Company that UOB Kay Hian Private Limited, the placement agent appointed by ISM, has procured the placement of an aggregate of 40,000,000 Shares. ISM's shareholding in the Company will be reduced to 543,252,517 Shares, representing approximately 82.88% of the total number of issued Shares and the percentage shareholding of the Company in the hands of the public will be approximately 10.48%...

Ryobi Kiso: 1Q14 Net Profit Down 61.3% To S$0.3 Million.

Revenue for 1Q2014 declined 32.5% to $36.2 million from $53.7 million while net profit over the same period decreased 74.2% to $0.2 million. As at 30 September 2013, the Group's net order book stood healthily at $111.4 million while management continues to explore opportunities in the region...

Action Asia: Expected To Report A Loss For 3Q13.

Action Asia Limited is expected to report a loss for the quarter ended 30 September 2013 due to lower revenues during the period under review...

ASTI: Expected To Report A Net Loss For 3Q2013.

ASTI Holdings Limited is expected to report a net loss for 3Q2013 mainly due to weak market demand...

Hengyang: Expected To Register A Loss-Making 3Q2013.

Hengyang Petrochemical Logistics Limited is expected to register a loss-making quarter for 3Q2013. This was mainly due to a non-recurring extraordinary expenditure of approximately RMB6.1 million in professional fees incurred...

Baker Tech: 3Q13 Net Profit Down 37% To S$3.6 Million.

Baker Technology Limited has reported revenue of S$20.7 million and net profit of S$3.6 million for the three months ended 30 September 2013. For the nine months ended 30 September 2013, the Group's revenue was S$67.9 million, and net profit was S$18.2 million. Net profit decreased compared to the corresponding period in FY2012, due to lower gains on disposals in FY2013...

Jardine Cycle & Carriage: 3Q13 Net Profit Down 31% To US$222 Million.

Jardine Cycle & Carriage Limited Group's revenue for the first nine months of the year was US$15.0 billion, 9% lower. Underlying profit declined by 14% to US$671 million and underlying earnings per share were also down 14% at USą188.53...

CWT: 3Q13 Net Profit Down 53% To S$19 Million.

CWT Limited reported financial results for the quarter ended September 30, 2013. The Group reported revenue of S$2.2 billion, gross profit of S$61.1 million, profit after tax of S$19.2 million and earnings per share of 3.18 cents. The Group also incurred administrative expenses of S$38.7 million, finance costs of S$10.3 million and reported other income of S$0.8 million...

Tiong Seng: 3Q13 Net Profit Down 55% To S$2.3 Million.

Construction business' gross profit climbs 5.0% to S$40.1 million despite costs pressure from manpower policy and depreciation expenses. Property development business in China impacted by overall industry slowdown and prudent revenue recognition policy. Current order book remains robust at S$1.1 billion for FY2013, stretching to 2015...

Eucon: 3Q13 Net Loss Down 56% To S$2 Million.

For the nine months ended 30 September 2013, Eucon Holding Limited reported revenue of $51.2 million, a decrease of 10% from $57.1 million from the corresponding period in 2012. On the whole, the increase in revenue under laser drilling segment is unable to offset against decrease in revenue from PCB operations and mechanical drilling and routing segment. Similarly, for the three months ended 30 September 2013, the Group reported revenue of $16.9 million, a decrease of 25% from $22.6 million from the corresponding period in 2012. It was an across the board decrease in revenue for all segments...

Sinotel: Expected To Record A Net Loss For 3QFY2013.

Sinotel Technologies Ltd. is expected to record a net loss for 3QFY2013 and 9MFY2013. The expected loss was mainly attributable to the decrease in contribution from outdoor wireless coverage solutions and emergency mobile communications system, a potential impairment of plant and equipment of the Group and potential allowance for doubtful trade receivables...

Asia Enterprises: 3Q13 Net Profit Down 57% To S$0.4 Million.

9M FY2013 group revenue declined 15% to S$92.1 million due to lower average selling prices and soft demand conditions. Group still profitable despite challenging market conditions this year. Balance sheet remains sound with cash of S$41.2 million and zero borrowings...

Ellipsiz: 1Q14 Net Profit Up 17.8 Times To S$6.3 Million On Negative Goodwill.

Ellipsiz Ltd reported net profits after tax and non-controlling interests of $6.3 million on revenue of $34.2 million for the quarter ended 30 September 2013. The Group reported NPATMI of $6.3 million for 1QFY2014 compared with $0.3 million in the corresponding quarter a year ago. The significantly improved NPATMI for 1QFY2014 included one-time negative goodwill of $11.5 million from business acquisition activity

STATS ChipPAC: 3Q13 Net Profit Up 3.2 Times To US$13.3 Million.

Net income for the third quarter of 2013 was $13.3 million compared to net loss of $52.2 million in the prior quarter and net income of $3.2 million in the third quarter of 2012. The net income in the third quarter of 2013 included insurance settlement of $19.6 million. The net loss in the prior quarter included $36.5 million costs for the planned closure of the Malaysia plant and $16.3 million of redemption expense...

Halcyon Agri: Proposed Placement Of 40 Million New Ordinary Shares At S$0.72 Each.

Halcyon Agri Corporation Limited had on 6 November 2013, entered into placement agreements, for which the Company has agreed to allot and issue up to 40,000,000 new ordinary shares in the capital of the Company to the Placees at an issue price of S$0.72 for each Placement Share, amounting to an aggregate consideration of up to S$28,800,000...

BBR: 3Q13 Net Profit Up 252% To S$8.4 Million.

9M2013 revenue and net profit rose 52% and 50% respectively compared to 9M2012. Higher revenue contribution from both general construction and specialised engineering projects. Strong order book at approximately S$1.0 billion with projects lasting to 2016...

CNMC: 3Q13 Net Profit Up 112% To US$1.7 Million.

Revenue for fine gold increased by 631.6% to US$6.31 million in 3Q 2013 as compared to 3Q 2012 as production volume of fine gold increased by 921.4% to 4,762.95 ounces in 3Q 2013 as compared to 466.33 ounces in 3Q 2012. The Group achieved an adjusted operating cost of US$473 per ounce of gold sold and an overall all-in cost of US$775 per ounce of gold sold for 3Q 2013, which is a 29.1% decrease in the all-in cost as compared to 3Q 2012. The economies of scale were achieved with the ramp up in gold production volume and also the significant improvement in production efficiencies through enhanced technology and methodology...

GIL: 3Q13 Net Profit Up 36.8% To S$7 Million.

Profit after tax up 78.7% to S$25.8 million for the nine months ended 30 September 2013. Earnings per share for the nine months increased to 2.68 Singapore cents from 1.92 Singapore cents...

Design Studio: Adoption Of Dividend Policy To Distribute 25% Of Annual Profit.

Design Studio Furniture Manufacturer Ltd has adopted a dividend policy to recommend and distribute annual dividend of not less than 25% of its net profits attributable to Shareholders of the Company from the financial year ending 31 December 2013 onwards...