Signifying an indelible mark of business excellence, Mainboard-listed Rotary Engineering (Rotary) was recently conferred the Enterprise Award at the prestigious Singapore Business Awards 2008, organised by The Business Times and DHL.
Fortifying its reputation as one of the leading distributors of menswear in Singapore, YGM has over 140 points of sale, including a loyal partnership with leading departmental stores such as Metro, Robinsons, OG, Isetan, Takashimaya and Tangs.
Although, many analysts have recently lowered SSH’s fair value price ranging from $0.43 to $0.54, due to increased volatility and poor market sentiment, we still believe that SSH will perform even better going forward.
Economists estimated that the capital injection into the Vietnamese property market reached US$5b. Vice chairman of the Ho Chi Minh City Real Estate Association, Le Hoang Chau, said property prices are likely to rise because the city has plans to start many major transport infrastructure projects this year.
MAP’s earnings for FY07 rose triple-digit to $9m as opposed to $3.7m in FY06 on the back of 87.4% revenue increase. This was due to broad-based growth within all its 3 business segments.
FY07 profit surged 124% driven by a higher share of profit from associated companies and a $590m fair value gain on investment properties, including United Square, Novena Square and Odeon Towers, following the adoption of FRS40.
EDB tax incentives are not included in its first quarter results as submission for it is in August thus the savings in tax provisions would only be shown in HG Metal’s FY08 results.
Equipped with three production lines in the Guangdong province, which have a combined output of approximately 56,000 tonnes per annum, CFP produces four different categories of BOPP film, namely high shrinkage film, low shrinkage film, synthetic paper and 5-layer BOPP film.
Earlier, Lorenzo placed out 20m new shares at $0.26 apiece to financial institutions, high networth individuals and strategic investors, raising approximately $5m. Of which, $3.5m was earmarked to fund the aforesaid development.
All key markets registered strong growth with North America remaining the key geographical segment. However, with the sub-prime storm brewing across the States, MW could face impediment to its growth.
