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  2 people like this.
jack_ng Waoh! a lot of investment house recommend this stock. Worth to consider buy in?
19/10/2011 17:44
Trader Hub Keppel corp is a blue chip counter and is traditionally well covered by analysts.

My conservative investment strategy in blue chip stocks is to look at the overall market index (FTSE). If the index is above SMA 200, then it can generally be considered an uptrend market and hence is safe to invest into blue chip counters. Else better stay away from them because they are sensitive to market index. In fact, they are the stocks that contribute directly to the movement of the market index.
21/10/2011 09:05
madam What happen to thaibev and breadtalk share? Any one know
06/05/2013 21:13
Frant Denner Post removed. Why?
04/04/2014 16:48
Ced Prenner Post removed. Why?
22/04/2014 14:48

BUY KEPPAL CORORATION ABOVE 10.740 TG 10.850,10.96 SL 10.630
25/06/2014 12:42
cfoong kikikikiki... good to buy at this price... not easy to go until this level... buy buy buy! yield also terrific at this level...
27/01/2015 14:28
cfoong I have been waiting for few yrs...and it comes down to this level again...!!!! kikikikikikiki...
27/01/2015 14:42
dyuen drop some more ??
31/07/2015 15:20

  2 people like this.
lkw8361 9.6% dividend yield, given current JPY level is already very weak, the downside is limited.
24/04/2015 20:13
queenfit why today dipped so much?
02/06/2015 10:35
Siew Jian Bin Is singapore share price considered dropping after Ex-date of dividend?
04/06/2015 09:35
Jian Bin Siew Anyone has any idea why this stock drop so much?
16/07/2015 10:09
tommy31 I guess there are 2 reason
1) Potential Equity Fundig & dilution
Sponsoring comapny "Accordia Golf" is accerelating asset light strategy. Their major stakeholder give strong pressur for earlier implementation. Even though there are room for debt-fundig with Japanse ultra-low interest rate, leverage is limited. Current low valuation heighten the concern for potential dilution. Fund director's independence will be tested.

2) Japan's demography
In the mid-long term, Japanese golf population is expected to gradually decrease.
Even Daiwa's analyst evaluate the stock with negative growth rate in his report.

But I agree with you that this trust is under-valued, good buying opportunity assuming Mr.Machida(Trust CEO) act to protect stakeholder's interest, avoidng dilutive equity funding.
24/07/2015 20:13
Jian Bin Siew Finally I have heard some comment! Tq. Anyway, i am still buy and keep this stock.
30/07/2015 14:56
tommy31 Continuing downtrend make existing shareholde to worry, parly because of JPY currency depreciation. But it is said that fair value of Yen-USD rate based on PPP(Purchasing Power Parity) is the 105-110 Yen/Doller range. I guess in the mid-long term, currency will converge to fair valule.
31/07/2015 04:39

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ganesan2611 why analysts are giving positive comment on Ezion while they are raising money. compare issuing rights and issuing bonds. Ezra issue rights to raise money, likewise ezion issue bonds to raise money. investors are unhappy of ezra rights issue eventhough the right shares has the potential to increase its value in time. But for ezion the bond interest value is only fixed 3.65% and it need to be redeemed in year 2020 and it will not help on share investors any way, then why ezion need benefit. in case if they can not redeem the bonds that issued, they they will find option for that also.
30/07/2015 15:24

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dusti Biz background needs updating. When done this may interest other investors to this progressive company.
24/04/2014 10:20
yamiyugi why recently it is in a up trend? anyone knows?
05/05/2014 17:44
berry workers Accommodation business is expanding. Good prospect.
05/05/2014 21:13
berry dividend x date on 6 May
05/05/2014 21:21
KingPro how is this shares again?>
27/01/2015 12:28
Wolverin3 Good Counter with good earnings potential. Fantastic!
30/01/2015 09:44
nakkata high debt
29/07/2015 23:37

  WinWinWin likes this.
dusti Designed as a conglomerate, but will the Myanmar market grow fast enough ? Their most productive manpower is probably all over SE Asia.
28/04/2014 15:49
LaoLiu Any opinion for Yoma Strategic? good to invest?
10/07/2015 12:59
LaoLiu Near Term TP : 0.500
16/07/2015 11:18
LaoLiu Going to fly...:-)
16/07/2015 11:23
LaoLiu Uptrend ongoing, don't miss this boat..
20/07/2015 08:56
LaoLiu 0.460 now (+0.015)
20/07/2015 09:28
LaoLiu So far so good, near term Tp 0.500
21/07/2015 09:08
LaoLiu Maintain Buy before it goes up higher.. :-)
22/07/2015 09:17
LaoLiu Buy! buy..uptrend now
24/07/2015 09:05
LaoLiu Yoma reporting it' s results soon.......
27 Jul 2015 Yoma Strategic 1st Quarter Results..........

last round results........
Yoma' s Q4 profit up 28% at S$8.16m
25 May 2015 09:00

BOOSTED by higher fair-value and bargain-purchase gains on investment properties and acquisitions, Yoma Strategic on Friday posted a 28 per cent year-on-year rise in net profit to S$8.16 million for the fourth quarter ended March 31, 2015. Yoma also announced senior management changes.

The profit attributable to equity-holders also came on the back of higher gross margin. While Q4 revenue was up just 0.1 per cent at S$27.56 million, gross profit was 2.2 per cent higher at S$13 million. Net profit, including S$3.71 million (FY2014: S$1.68 million) for non-controlling interests, was S$11.87 million, up 47.5 per cent.

The quarter saw net other gains doubling to S$11.38 million. Contributing to this was a rise in fair-value gain on investment properties from S$5.19 million to S$8.03 million. The latter stemmed from the revaluation of its investment properties Building A5 in Star City and Lakeview G in Pun Hlaing Golf Estate in Myanmar.

For the financial year ended March 31, 2015 (FY2015), Yoma' s profit attributable to equity-holders grew 71.1 per cent to S$28.05 million while revenue rose 10.4 per cent to S$110.93 million, mostly due to higher revenues generated by its automotive and tourism segments.

Earnings per share for the fourth quarter stood unchanged at 0.52 Singapore cent.

Yoma announced that Andrew Rickards will be stepping down as chief executive officer and executive director after the company' s annual general meeting on July 27. This is to " to implement succession plan" . Taking over is Melvyn Pun, son of Yoma' s executive chairman Serge Pun. Melvyn will step down as alternate director to the elder Mr Pun.

Mr Rickards will stay on as an adviser to the company until Dec 31, 2015.

Meanwhile, JR Ching, who is head of business development at Yoma, has been appointed as chief financial officer (CFO). He will continue to oversee the group' s business development
24/07/2015 12:15

  lamlam likes this.
selamba buy2222
08/10/2014 19:29
lamlam Q3 results is good, but the price.............
16/05/2015 00:56
25/05/2015 14:13
lamlam Aiyo so lousy this counter!
23/07/2015 18:36

  arshad5858 likes this.
albertlaw Always so impressive and promising but what shareholders want is profit/high growth-still in the red no profit to show but contimnue to place out more shares-dilution mah

Just found this write out:

Rex Int' l

Rex Int' l: ($0.615) Twin equity boost from prominent investors Alan Wang and Fidelity Shares of Rex International may get a boost after SGX filings showed that prominent investors Alan Wang and Fidelity Worldwide Investment (FIL) were the cornerstone investors in a recent share placement, leading them to become new substantial shareholders. Recall, Rex recently completed the placement of 168m new shares at $0.57 each. The net proceeds of $93.5m will be used to settle liabilities and working capital of Rex Technology Management (20%), for field development (60%) and to pursue existing and potential new business opportunities (20%). FIL picked up 70m placement shares, lifting its stake from 0.17% to 5.7%. Wang&rsquo s stake vaulted to 5.1% from 1.1%, after he took up 52m shares. Accordingly, parent Rex Commercial&rsquo s stake dropped to 44.1% from 50.9%, following the corporate action. The entry of two respected fund managers as substantial shareholders may lift sentiment in Rex&rsquo s shares. In particular Wang&rsquo s share transactions may be closely followed by some admirers. Wang is noted for his string of high-profile investments in stocks like HanKore, Memstar, Sarin, Sino Grandness, Asiatravel.com and UE E& C, all of which recorded significant share price outperformance subsequent his purchases. Rex trades at 2.5x proforma P/B.
25/09/2014 18:47
albertlaw well said

Be careful of such announcements

He is not helping retailers to make $$$

He is only enriching himslf and his team

Don;t be the last one to carry the baby

Most of Alan Wang stocks died..

Asiatravel fried to 50 cents and now 24/25

Hankore after being fried by Alan has been nicknamed Kankore

SinoGrandes....fired to high of 75 and now at 67
25/09/2014 19:20
alex2012 Chinese New Year Ang Pao is coming...

02/10/2014 18:54
alex2012 Rex has a website...come and have a look...

24/10/2014 14:27
alex2012 anybody still around..holding?
06/11/2014 10:26
albertlaw Told u alan the former remisier bought..all his counters tanked..lucky escape
06/11/2014 16:28
clarence_yeo2003 Rex please drop some more ;)
12/11/2014 11:32
stockmarketmind not the time to enter now, timing maybe soon
12/11/2014 19:26
alex2012 can only buy once crude bottom...early 2016...
16/12/2014 13:01
LaoLiu Drop too much...probably will have some technical rebound few days later..
22/07/2015 12:32

  0665hock likes this.
0665hock Unbelievable! Keep going...
09/09/2013 23:03
juzzdoo Any TP?
03/01/2014 14:44
stockmarketmindgames one day 20% gain! We made it!
05/01/2014 10:34
Nallayak Broker says play Warrant better
06/06/2014 20:31
Nallayak Another Gold play another dilution, poor sharholders diluted 2 times already, blame the wrong suitor selected by j m lah . Gold is every where but none for shareholders
11/06/2014 19:48
arque A great way to make money online, Google onlineincome. No BS!
16/06/2014 10:22
LaoLiu Strong volume today..
20/07/2015 12:52
LaoLiu fly high today ! accumulate..
22/07/2015 10:22

  Be the first to like this.
LaoLiu Time to watch on this counter..
20/07/2015 11:09

  23 people like this.
lsfchris Portfolio Template can be improved, to allow quantity owned / invested so as to provide P&L of stock owned. Thank you. Otherwise, I like this site p very much.
04/07/2013 15:04
asmj81 I'm grateful fo this website's services and info provided.
04/03/2014 17:16
ed88ks just like LCD global inv.
04/06/2014 16:50
25/07/2014 00:06
reverrrrrr Post removed. Why?
05/08/2014 16:00
passerby @BumbleeBee

Had I come across the articles in the last 2 links shared by you years ago, it could have save me a lot of money.
11/08/2014 19:39
BumbleBee passerby @ in stock market never too late. Uncle is 64 y.o. still learning kikikiki
12/08/2014 23:20
passerby @ Uncle BumbleBee

Are all those articles written by you? At 64 y.o. you doesn't sound old at all by the nick of BumbleBee....kikikiki

You are almost 3 cycles of Chinese zodiac ahead of me. Yup, I'm still learning & refining investing everyday. Thanks for all those shared links :)
13/08/2014 13:24
BumbleBee Hehehe @passerby ,,,,,,,,,,,,,,uncle just know how to cut and paste ...maybe play some shares
13/08/2014 23:44
passerby hihihi uncle....I'm also a Malaysian la....kikiki

I think i3 is one of the most active forum around....you can find some good peoples around...

for SGX, I'm tailing this Pang Sin Tan....
14/08/2014 10:51

  Be the first to like this.
Sebastian Sted Power Singapore ppl busy earn money only, where got time blow cow
07/07/2015 14:49

  anthonylow likes this.
Kelvin Phua did a brief research and found this http://www.gold-eagle.com/article/gold-price-prediction-based-technical-analysis-china-demand.
14/05/2015 19:49
alex2012 Old news, please click below for the latest gold price

15/05/2015 14:23
GoRiLaz7028 Gold has broke the $1200 resistance and let's see if it will stay above this for the next 3 days, Good Luck !
15/05/2015 15:05
Kelvin Phua Alright, thank you Alex for the info.
17/05/2015 00:29
alex2012 You are welcome...On top of the site, look for 'BLOGS', click it, there is 1 blogger 'Erin'. she will always write up article every few days doing analysis of US stock index, Gold, Bond, Oil...check it out
17/05/2015 07:32
alex2012 They also host webinar every week. Go to main 'HOME' page to view the webinar recording...
17/05/2015 10:36
alex2012 Read this article


I found that the description is very similar to the price pattern of CNMC. Now seems like accumulation phase.
You can check the chart thru Yahoo Finance with ticker 5TP.SI , expand the chart to Max.
27/05/2015 11:39
lloydlim High profit margin, time to accumulate!
28/05/2015 14:55
alex2012 Share buy-back has started...

02/07/2015 08:50
alex2012 Buy back share daily...nice...:)
03/07/2015 18:34

  2 people like this.
juzzdoo now what? don't look good.
20/05/2014 16:17
ket_60 Good price to buy.
04/02/2015 10:18
youngtay Agree with ket_60, Del Monte is a international brand, international incomes ,,
06/02/2015 10:37
ket_60 Tomorrow Del Monte right trade at $
11/02/2015 21:47
bulleye01 BULLISH
12/02/2015 11:32
bulleye01 TP $0.400 SL 0.360
12/02/2015 11:34
roheet_g sell ?
14/04/2015 15:53
Stock Analyst Ayush Post removed. Why?
14/04/2015 21:02
ket_60 Slow and steady
22/04/2015 21:27
ket_60 Going to take off soon, fasten your seat belt, sit and relax.
03/07/2015 15:46

  Be the first to like this.
inphyy Ezion Holdings net profit more than doubles to $36.3m

Delivers "steady" performance in 3Q13.

According to PhillipCapital, Ezion Holdings (Ezion) delivered steady net profit in 3Q13, excluding exceptional items, of $36.3m, which was 130.2% higher than 3Q12 and 5.9% higher than the previous 2Q13.

With management is expecting 3 vessels to be deployed in 4Q13 -- 1 unit in Caspian Sea, 1 in South Asia and 1 in Arabian Gulf -- the research firm predicts earnings momentum should continue into FY14E, with a 61% increase in earnings from FY13E. But as 3Q13 net gearing rose to 1.05x from 1.01x in 2Q13 (0.83x in 1Q13), PhillipCapital said Ezion could slow down its rate of project wins in an effort to control its gearing levels.

"We expect net gearing to hit 1.1x by end-FY13E, before easing to 0.8x in FY14E on improve free cash flow generation from more vessels contribution," said PhillipCapital. But the research firm raised its FY13E/14E earnings forecast for Ezion to factor in new contracts, higher margins and updated SEUs deployment schedule.
18/11/2013 14:45
Peter Graham Lancashire Great growth Story, but what about cash flow and free cash flow which require new capital either more debt or issue new shares? Alao nil dividend policy does not suit all institutional investors. PGL
19/11/2013 16:47
Feler Sed Post removed. Why?
01/04/2014 17:08
Frant Denner Post removed. Why?
04/04/2014 16:43
alexyap trading halt? any idea?
09/04/2014 08:51
Ced Prenner Post removed. Why?
22/04/2014 14:43
pnuklis Holding on strong. Don't feel comfortable with all the action regarding dilution of shares, jk buy ans Ausgroup cooperation. May be I am wrong
23/04/2014 12:10
pnuklis Ezion has too much action like JK Tech, Ausgroup and dilution of shares all at the same time and not sure how it benefits or slows down. Too risky till every thing settles down and if it continues to win orders!
27/04/2014 10:12
Ben Teo this stock shall move up again....just that now the timing is damn bad...pls be patient
13/01/2015 17:23
goldcarps Technically still weak, below 50 and 100 day MA.
02/07/2015 12:55

  11 people like this.
Wow123 slowly fall like waterfall.
10/03/2015 18:24
pyramidpoh I never encounter the worst gaming stock in life.
11/03/2015 16:33
Wow123 invest oversea like NYSE oil market counter USO = USD16.80 went highest is USD48 , during high oil prices USD100.00 per/share. Maybe we can wait lowest prices and bang in with some share by small amount 100 unit first. try this counter for long term.
14/03/2015 19:03
Wow123 Upgraded sell bro. lio lor
19/03/2015 10:51
limitup Walaoeh suddenly dead fish come alive
10/04/2015 20:39
alfroyale this mus be due to new hotel opneing in jurong .. shld be short live .. take profit ..
12/04/2015 10:23
tigerroar lousy stock... Keep dropping
15/05/2015 15:58
Wow123 shit stock lau saiz lio lor
28/05/2015 09:36
Wow123 like 1m already lio lor
19/06/2015 16:42
pyramidpoh heavy loss invested in this kind of gambling stock no hope better buy albedo.
01/07/2015 15:36

  2 people like this.
Peter Chen Malaysia's first software billionaire
04/02/2014 14:00
Melaos Wow. What does this means for the company stock?
07/05/2014 12:24
w2go Price this morning at $1.11. Isnt that too high? What is a good price to buy?
Any comments appreciated.
11/06/2014 12:03
Calvin Foo vested
01/07/2015 14:13

  6 people like this.
leo8404 what about saxo capital?
03/09/2012 19:39
seifknight include standard chartered bank
26/09/2012 13:52
lobong you should add citibank as well, their transaction fee is the lowest $18
26/09/2012 14:39
samuelx Yes, i am using citibank as they have the lowest minimum fee and i am a small player.

You should be careful with SCB, because although they have zero minimum commissions, they do not hold your securities with CDP... so if you apply for IPOs through DBS/UOB, etc. you may not be able to sell your securities using Citi without an additional step of transferring, etd. dont think you can use conveniently with another broker at the same time too.
27/09/2012 09:16
samuelx Anyway, this list should be outdated. I think MF Global is in the process of liquidation.

As feedback, I would suggest timestamping all such posts on the website so that users can tell when the post was made and when it was last updated.
27/09/2012 09:22
Harky Zheng outdated site?
20/05/2013 13:36
1561199 Sky petrpl change what name
03/06/2013 12:34
gyaradoz what about CIMB?
23/08/2013 11:59
tungjj Does standard chartered charge sgd 8 monthly? Please confirm. As I am using standard chartered, I do not think they charge me
08/04/2014 07:32
Revier Thomas Post removed. Why?
08/04/2014 15:41

  Be the first to like this.
Calvin Foo TREK to help OSIM develop new tech products? Hmm..... smart home products?
25/06/2015 20:16

  Be the first to like this.
wen_jun something is brewing here.
22/06/2015 10:21

  2 people like this.
lsfatt drop so that we can buy more
22/11/2014 04:34
Andrew Chew waiting for spring soon
10/12/2014 10:26
sentimentrader Bullish consolidation after finding bottom last december..
27/01/2015 16:44
sentimentrader Resistance at weekly 0.35 level.
27/01/2015 16:45
sunbird with high US dollar results on 15th feb will look good. March results will be better due to China sales. Getting more.
30/01/2015 12:03
Andrew Chew lets see the first bud bloom nextweek
08/02/2015 18:10
a_patche downtrend :(. hope it turns around soon ...
23/02/2015 14:57
sentimentrader INVERTED Hammer form with good volume after hitting lowest 0.167..bullish if tomorrow followe thru rebound. Keep radar on.
10/06/2015 17:24
sentimentrader gaining traction...
21/06/2015 15:27

  gick891214 likes this.
Nallayak moving on Mers fear
18/06/2015 18:35
Nallayak Thai report 1st case of Mers
19/06/2015 09:46

  4 people like this.
promaxsam Really undervalue stock , now just 0.161 can go up to 0.90 above after completion BIG BOX warehouse and factory retail plus having master franchise from HABITAT French . Refer
14/03/2014 20:42
Nallayak wong Ah Long is ex RDC boss so sure can complete on time and Big Box the new Suntec & can coolect rent as good as Orchard Rd like IMM does then sell to Capitalmallreit lah
15/03/2014 17:01
promaxsam seem you know about this company , anyway thanks for your reply , im from malaysia , i'm been holding this stock since last year sept'13 .
15/03/2014 19:37
Nallayak The Co lucky to get that huge prime land from JTC but got lots of cumbersome conditions, Indo money in it also so hold tight as such huge project will attract Capitalmall as they owned IMM so would want to control" Orchard road " rental there. U may not believe it but IMM nearby charge Orchard Road rental rates. As GLC they can negotiate some relaxation of conditions
17/03/2014 14:52
Nallayak Big Box for Big share?
25/03/2014 10:33
Nallayak They have good luxury brands like wardrobes and furnishing products but luxury residential mkt too chilled
31/03/2014 18:10
Nallayak Howcome frant denner not here marketing
04/04/2014 19:58
Nallayak hainam fella cant fry shr better go back to run coffee shops
11/06/2014 19:50
Nallayak See who take placements lah, if syndicates then got show
19/06/2014 13:56
Alex Tan Why drop so much?
15/06/2015 23:01

  EPIC RESEARCH likes this.
customerprominent This is not a proper chart, please update it
18/06/2015 11:15
lamlam Huh how come drop so much
18/06/2015 12:26

  Be the first to like this.
aatzer C&G Environmental Protection Hldgs Ltd : China : C&G ENVIRONMENTAL PROTECTION HOLDINGS proposed a sale to GRANDBLUE ENVIRONMENT
01/03/2014 | 03:17pm US/Eastern
C&G Environmental Protection Holdings owns and operates waste to energy facilities in China and Southeast Asia. It has proposed a sale of its Chinese waste to energy business.
This move will enable it to reposition itself to focus on expansion of its business in Southeast Asia.
The group said that it entered a legally binding framework agreement with Grandblue Environment (formerly known as Nanhai Development) for a 100% sale of its equity in C&G Environment Protection.
The sale of its waste to energy business and assets in China is valued at RMB1.85 billion ($305 million) which will be satisfied by cash and the issuance and allotment of new shares in the capital of Grandblue.
Lin Yan, executive chairman and group CEO of C&G Environmental Protection Holdings, said, through this strategic arrangement, we will become the second largest shareholder in Grandblue, enabling a change of our business platform to hold our WTE business in China through Grandblue.
This is also in line with our strategy to monetise our assets to enhance shareholder value and explore additional growth, he continued.
The experience gained from waste to energy projects will reposition and expand C&G's energy recovery and other environmental related business.
We have already made some inroads into Thailand, securing our first WTE energy project in Nong Khaem Bangkok with a daily capacity of 500 tonnes and incorporating our energy management company in this country last year, the CEO noted.
The Asian market offers potential for renewable energy as global investors look towards Southeast Asia as new destination for investment in this area. There is a trend that governments of the Philippines, Indonesia, Thailand, and Malaysia are setting aggressive targets for renewable energy to be achieved in 20 years.
Grandblue is an established utility and environmental player in the water sector, who will have more potential to participate in diversified business after the completion of this transaction.
© Al Bawaba Ltd., Acquiremedia 2014
30/01/2014 12:50
aatzer I got the following comments from Sharejunction forum:
> Grandblue is now RMB13.08. C& G sits on a further paper gain now of
> $242,527,628 based on shares alone.
> *** Cash consideration is RMB1.1billion = S$231.25m (exchange rate of
> 4.7567)
> *** 89,928,058 Grandblue shares at an issue price of RMB8.34 (approximately
> S$1.74 or total S$156,474,820.92) per share
> Shares of Grandblue is trading now at RMB 13.08 (approx. S$2.6969)
> This translates to a paper gain of $0.9569 per share or S$86,052,158
> (S$86million)
> This also brings the total consideration to S$231.25m + (89928058 shares x
> S$2.6969) = S$231.25m + S$242,526,979 = S$473.77m as compared to S$385.4
> million.
> Total Float in C& G = 973,023,354 shares
> Value of C& G shares now is approx. $0.4869. huat ah!
30/01/2014 12:54
aatzer From Singapore Business Review:

C&G to sell WTE business and assets in China for S$389.7m
As focus shifts to Southeast Asia.

SGX Mainboard-listed Waste-to-Energy investor and operator C&G Environmental Protection Holdings Limited (C&G) has announced that its wholly-owned subsidiary, C&G Environmental Protection (Hong Kong) Company Limited (C&G (HK)) has entered into a conditional acquisition agreement with Grandblue Environment Co. Ltd (Grandblue) in relation to the Proposed Sale of the entire shareholdings in C&G Environmental Protection (China) Company Limited.

Under the acquisition agreement, the Group will sell its WTE business and assets (including concession rights) and its principal operating subsidiaries in China to Grandblue for RMB1.85 billion (approximately S$389.7 million ) which will be satisfied in cash and Grandblue shares. The principal terms of acquisition agreement are substantially the same as Framework Agreement entered into 23 December 2013.

Upon execution of the acquisition agreement, the Group will deploy the proceeds to fund the expansion of the Group's WTE business and other environmental related projects in the Southeast Asian markets, as well as working capital for its existing projects. Further to this, the Group intends to distribute a portion of the proceeds as special dividend to its shareholders.

Completion of the Acquisition Agreement is subject to relevant government and regulatory approvals from both the People’s Republic of China and Singapore, as well as C&G’s shareholders. C&G will hold an extraordinary general meeting to seek the approval of the shareholders for the Proposed Sale in due course.

Mr. Lin Yan, Executive Chairman and CEO of the Group said, "We are delighted