DJ MARKET TALK: Singapore's STI May Rise; 3088 Likely Resistance 

0054 GMT [Dow Jones] Singapore's STI may rise, tracking gains on Wall Street Friday as QE3 enthusiasts perked up after the WSJ reported Fed Bernanke defended the central bank's actions to support the economy in a letter to a U.S. representative, adding there is room for more Fed action. "Traders will be positioning themselves ahead of the end-of-week crunch Fed meeting at Jackson Hole. This should allow risk assets to enjoy at least one more week of the summer rally," says Justin Harper, market strategist at IG Markets Singapore, in a note. But he adds "much of the Fed's potential for printing more money has already been priced into the market, so its impact, if it comes, will be dulled." The STI ended Friday down 0.2% at 3050.49. 3040 likely remains support, while the 3088 year-to-date high likely offers resistance. Ezra (5DN.SG) plans to list its Triyards unit by distributing its shares to its shareholders. F&N (F99.SG) plans to distribute S$4 billion to its shareholders if Heineken's (HEIA.AE) bid for its APB (A46.SG) stake succeeds. Far East Hospitality Trust (Q5T.SG) makes its trading debut after midday.
 
 
 
*DJ PTT International: Already owns 45.3% of Sakari Resources
 

*DJ PTT International: Mining Unit Launches S$1.2B Voluntary Offer for Sakari Resources Shares
 
August 26, 2012 20:46 ET (00:46 GMT)
*DJ PTT International: To Offer S$1.90/Share for Sakari Resources
 
DJ Ezra Holdings' Triyards Given Eligibility To List On Singapore Exchange Mainboard 
  By Martin Vaughan 

SINGAPORE--Triyards Holdings, a unit of offshore services provider Ezra Holdings, has been granted conditional eligibility to list on the mainboard of the Singapore Exchange, the firm said in a statement.
The listing is by way of introduction, and subject to the approval of Ezra shareholders, according to the statement. Ezra will retain a majority control of 67% in Triyards after the proposed distribution, the firm said.
Triyards, the engineering and fabrication unit of Ezra, makes offshore equipment including

Singapore

Wired Daily

Page 2

TRIYARDS Holdings, a unit of Ezra Holdings, has been

granted conditional eligibility to list on the mainboard of

SGX. The listing is by way of introduction, whereby Ezra is

proposing to distribute TRIYARDS shares by way of dividend

in specie to Ezra shareholders. Ezra proposes to distribute

33% of TRIYARDS’ issued shares, or up to 107.2m shares, on

the basis of one TRIYARDS share for every 10 Ezra shares.

Ezra will retain a majority control of 67% in TRIYARDS after

the proposed distribution. TRIYARDS, the engineering and

fabrication unit of Ezra, makes offshore equipment, including

self-elevating units and platforms.

Silverlake Axis reported FY12 (June YE) net profit of

RM162m (+41% YoY), 3% ahead of our RM157m estimate.

The company announced final quarterly DPS of 0.8 Scts,

bringing full year DPS to 1.9Scts (+65% YoY) ahead of our

1.5Scts estimate. It translates to 4.7% dividend yield on full

year basis. We continue to like the company as next two

years revenue is already contracted and the company

continues to bid for newer contracts on top of that.

Quarterly dividends are lucrative too. Will provide more

update after meeting with the management.

KS Energy, together with its Joint Operation partner

Pertamina Drilling Services Indonesia, has entered into an

agreement to deploy a jack-up drilling rig to Indonesia’s West

Madura oilfield located offshore of Java, for drilling

operations. The total value of the 1 year contract plus 1 year

option is US$87.6m (assuming the 1 year option is exercised)

and the operation is expected to commence in 4Q2012.

CWT and the operator of Lianyungang Bonded Logistics Hub,

have entered into a MOU for further collaboration at the Hub

to help serve customers better and the Lianyungang port to

increase its level of throughput.

Singapore’s manufacturing recorded its slowest year-on-year

growth in three months as July's output fell sharply from

June's levels. Weak demand for semiconductor exports and

maintenance shutdowns of petroleum plants weighed down

industrial production, which grew just 1.9% y-o-y. This was a

marked slowdown from June's 8% y-o-y growth and missed

by a wide margin the 6.7% market estimates. Excluding

biomedical manufacturing, output fell 0.4% y-o-y. The

typically volatile pharmaceuticals did less to prop up overall

production last month, growing just 13.2% y-o-y, far slower

than June's 69% growth. Electronics, which accounts for a

third of manufacturing, shrank a deeper 5.8% y-o-y in July

compared with the 5% contraction in June. Though the

infocomms and consumer electronics segment grew 10.6%

y-o-y, this was offset by a 9.8% contraction in

semiconductors and 7% pull-back in data storage. On a m-om

basis, industrial output plunged 9.1%. Excluding

biomedical output, the drop would have been a smaller

4.2%.

Share Buy-Back

Company D.O.T . Buy /Sell No.of shares S$/shr

CDW Holding Limited 24-Aug-12 Share Buy-Back 100,000 0.0930

Hisaka Holdings 24-Aug-12 Share Buy-Back 1,407,000 0.3221

Macquarie Int'l Infra Fund Ltd 24-Aug-12 Share Buy-Back 505,000 0.5270

Overseas-Chinese Banking Corp 24-Aug-12 Share Buy-Back 100,000 9.2700

Second Chance Properties Ltd 24-Aug-12 Share Buy-Back 608,000 0.3900

Wee Hur Holdings Ltd 24-Aug-12 Share Buy-Back 2,170,000 0.2800

Global Testing Corporation Ltd 23-Aug-12 Share Buy-Back 1,467,000 0.0600

Golden Ocean Group Limited 23-Aug-12 Share Buy-Back 25,000 NOK 4,00

Koh Brothers Group Limited 23-Aug-12 Share Buy-Back 50,000 0.2050

Overseas-Chinese Banking Corp 23-Aug-12 Share Buy-Back 100,000 9.3400

San Teh Limited 23-Aug-12 Share Buy-Back 484,000 0.2900

Second Chance Properties Ltd 23-Aug-12 Share Buy-Back 999,000 0.3900

Viking Offshore and Marine Ltd 23-Aug-12 Share Buy-Back 36,000 0.1080

Wee Hur Holdings Ltd 23-Aug-12 Share Buy-Back 152,000 0.2800

Global Testing Corporation Ltd 22-Aug-12 Share Buy-Back 200,000 0.0600

Golden Ocean Group Limited 22-Aug-12 Share Buy-Back 86,489 NOK 4,00

HG Metal Manufacturing Ltd 22-Aug-12 Share Buy-Back 1,300,000 0.0800

Koh Brothers Group Limited 22-Aug-12 Share Buy-Back 124,000 0.2050

KSH Holdings Limited 22-Aug-12 Share Buy-Back 110,000 0.2253

Overseas-Chinese Banking Corp 22-Aug-12 Share Buy-Back 100,000 9.3200

Second Chance Properties Ltd 22-Aug-12 Share Buy-Back 2,000,000 0.3900

Viking Offshore and Marine Ltd 22-Aug-12 Share Buy-Back 150,000 0.1070

Wee Hur Holdings Ltd 22-Aug-12 Share Buy-Back 229,000 0.2800

Golden Ocean Group Limited 21-Aug-12 Share Buy-Back 4,183,673 NOK 4,00

Hisaka Holdings 21-Aug-12 Share Buy-Back 2,503,000 0.3272

Overseas-Chinese Banking Corp 21-Aug-12 Share Buy-Back 100,000 9.3900

Pan-United Corporation Ltd 21-Aug-12 Share Buy-Back 122,000 0.6200

Second Chance Properties Ltd 21-Aug-12 Share Buy-Back 610,000 0.3900

Viking Offshore and Marine Ltd 21-Aug-12 Share Buy-Back 150,000 0.1080

Source: SGX Masnet

Singapore

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Substantial Shareholders’ Transactions: 16 Aug – 23 Aug 2012

*Deemed Interest

Source: Business Times; SA: Share Allotment; ST: Share Transfer, B/R: Bonus/Rights Issue; OE: Option Exercise; PL: Placement Shares

Stock Transacted Date Substantial Shareholder/ Director

Buy/Sell/

Conv

No of

Shares

('000)

Price Per

Share $

%Issued Cap

Before

Change

%Issued Cap

After Change

Pacific Healthcare 23-Aug-12 William Cheong * Buy 12 0.1 11.9 11.9

Marco Polo Marine 22-Aug-12 Lee Wan Tang Buy 2000 0.34 0.72 1.31

Pacific Healthcare 22-Aug-12 Pacific Investments Buy 12 na 7.53 7.53

Aspial Corporation 21-Aug-12 Koh Wee Seng Buy 386 0.37 14.21 14.23

Pacific Healthcare 21-Aug-12 Pacific Investments Buy 50 na 7.52 7.53

Pacific Healthcare 21-Aug-12 William Cheong * Buy 50 0.1 11.89 11.9

Starhub 21-Aug-12 Neil Montefiore Sell 420 3.6 0.04 0.02

Sunpower Group 21-Aug-12 Artur Jurczakowski Sell 400 na 7.81 7.69

UIS 21-Aug-12 Laxey Partners Ltd * Sell 2005 na 9.95 8.95

Aspial Corporation 17-Aug-12 Koh Wee Seng Buy 100 0.37 14.2 14.21

HLH Group 17-Aug-12 Wang Kai Yuen Buy 3600 0.03 0.03 0.12

Jasper Investm 17-Aug-12 Phillip Jeffrey Saile Sell 1800 0.06 0.14 0.1

Liongold Corp 17-Aug-12 Nomura Holdings * Buy 1007 0 4.93 5.06

Liongold Corp 17-Aug-12 Nomura Intl Sell 268 na 3.88 3.84

Liongold Corp 17-Aug-12 Nomura Intl * Buy 1260 na 1.05 1.21

M Development 17-Aug-12 Vslue Capital Asset Mgtm Sell 68000 na 14.06 6.17

M Development 17-Aug-12 Lin Chung Ming Buy 57000 0.01 0.2 6.2

M Development 17-Aug-12 Vslue Capital Asset Mgtm Sell 51899 na 6.17 0.15

Marco Polo Marine 17-Aug-12 Lai Qin Zhi * Buy 2000 0.34 57.61 58.2

Marco Polo Marine 17-Aug-12 Lee Wan Tang * Buy 2000 0.34 56.89 57.48

MFS Technology 17-Aug-12 Dato Tan Bian Ee Buy 1256 0.12 0.28 0.48

Nobel Design 17-Aug-12 Patrick Kho * Buy 179 na 6.22 6.32

PCI 17-Aug-12 Peh Kwee Chim * Buy 900 0.45 76.33 76.78

PCI 17-Aug-12 Chuan Hup Hldgs * Buy 900 na 76.33 76.78

Stamford Tyres 17-Aug-12 Dawn Wee * Buy 50 0.34 31.22 31.24

Stamford Tyres 17-Aug-12 Wee Kok Wah Buy 50 0.34 15.93 15.95

CSE Global 16-Aug-12 Amundi Group * Buy 60 na 5.99 6

CSE Global 16-Aug-12 Amundi S A * Buy 60 na 5.99 6

CSE Global 16-Aug-12 Amundi Group * Buy 79 na 5.99 6

CSE Global 16-Aug-12 Amundi S A * Buy 79 na 5.99 6

Liongold Corp 16-Aug-12 Nomura Intl * Sell 1424 na 1.23 1.05

Liongold Corp 16-Aug-12 Nomura Holdings * Sell 1235 na 5.08 4.93

Nobel Design 16-Aug-12 Patrick Kho Buy 439 na 7.78 8.04

OCBC 16-Aug-12 Lai Teck Poh Sell 30 0.4 0.01 0.01

Pacific Healthcare 16-Aug-12 Pacific Investments Buy 1 na 7.52 7.52

Pacific Healthcare 16-Aug-12 William Cheong * Buy 1 0.1 11.89 11.89

Sky One Hldgs 16-Aug-12 Teo Chew Seng Sell 387 0.32 0.12 0

Stamford Tyres 16-Aug-12 Dawn Wee * Buy 5 0.33 31.22 31.22

Stamford Tyres 16-Aug-12 Wee Kok Wah Buy 5 0.33 15.93 15.93

Sunvic Chemical 16-Aug-12 Jiao Xingkun Buy 300 0.32 0.04 0.1

Techcomp Hldgs 16-Aug-12 Kabouter Fund Buy 113 na 5.96 6.01

Singapore

Wired Daily

Page 4

Announced Dividends and Capital Issues: 27 Aug 2012 – 22 Nov 2012 (by Ex-Date)

Source: SGX

Company Type Particulars Ex Date Paid/ Payable

GOLDTRON LIMITED RIGHTS OFFER OF 1 FOR 1 @ SGD 0.002 27-Aug-12

STRATECH SYSTEMS LIMITED RIGHTS OFFER OF 1 FOR 3 @ SGD 0.018 27-Aug-12

HONG LEONG FINANCE LIMITED DIVIDEND SGD 0.04 ONE-TIER TAX 28-Aug-12 14-Sep-12

OVERSEAS UNION ENTERPRISE LTD DIVIDEND SGD 0.03 ONE-TIER TAX 28-Aug-12 13-Sep-12

QAF LTD DIVIDEND SGD 0.01 ONE-TIER TAX 28-Aug-12 12-Sep-12

SINGAPORE REINSURANCE COR LTD DIVIDEND SGD 0.005 TAX EXEMPT 28-Aug-12 12-Sep-12

CAPITAMALLS ASIA LIMITED DIVIDEND SGD 0.01625 ONE-TIER TAX 29-Aug-12 13-Sep-12

FREIGHT LINKS EXPRESS HOLDINGS DIVIDEND SCRIPDIVSCHEME SGD 0.0045 ONE-TIER TAX 29-Aug-12

GLOBAL INVESTMENTS LIMITED DIVIDEND SGD 0.0075 TAX EXEMPT 29-Aug-12 10-Sep-12

LEE METAL GROUP LTD DIVIDEND SGD 0.005 ONE-TIER TAX 29-Aug-12 14-Sep-12

OSIM INTERNATIONAL LTD DIVIDEND SGD 0.01 ONE-TIER TAX 29-Aug-12 12-Sep-12

OSIM INTERNATIONAL LTD DIVIDEND SGD 0.01 ONE-TIER TAX 29-Aug-12 12-Sep-12

SAIZEN REAL ESTATE INV TRUST DIVIDEND SGD 0.0063 TAX EXEMPT 29-Aug-12 18-Sep-12

TAN CHONG INT'L LTD DIVIDEND HKD 0.02 29-Aug-12 13-Sep-12

TAT SENG PACKAGING GROUP LTD DIVIDEND SGD 0.01 ONE-TIER TAX 29-Aug-12 17-Sep-12

FIRST RESOURCES LIMITED DIVIDEND SGD 0.0125 ONE-TIER TAX 30-Aug-12 20-Sep-12

SAKARI RESOURCES LIMITED DIVIDEND USD 0.02 TAX EXEMPT 30-Aug-12 13-Sep-12

STAMFORD TYRES CORPORATIONLTD DIVIDEND SGD 0.015 ONE-TIER TAX 30-Aug-12 18-Sep-12

UNITED OVERSEAS BANK LTD DIVIDEND SGD 0.2 ONE-TIER TAX 30-Aug-12 13-Sep-12

TSIT WING INTL HOLDINGS LTD DIVIDEND HKD 0.015 31-Aug-12 21-Sep-12

HIAP HOE LIMITED DIVIDEND SGD 0.005 ONE-TIER TAX 03-Sep-12 21-Sep-12

HONG LEONG ASIA LTD. DIVIDEND SGD 0.01 ONE-TIER TAX 03-Sep-12 20-Sep-12

UOB 5.05%NCPS 100 DIVIDEND 150312 - 140912 5.05% ONE-TIER TAX 03-Sep-12 17-Sep-12

CHINAMOBILE ADR 10 DIVIDEND APPROXIMATE USD 0.94735 04-Sep-12 09-Oct-12

DESIGN STUDIO FURNITURE MFRLTD DIVIDEND SGD 0.0075 ONE-TIER TAX 04-Sep-12 21-Sep-12

KINGSMEN CREATIVES LTD DIVIDEND SGD 0.015 ONE-TIER TAX 04-Sep-12 24-Sep-12

MULTI-CHEM LIMITED DIVIDEND SGD 0.0055 ONE-TIER TAX 04-Sep-12 20-Sep-12

SAKAE HOLDINGS LTD. DIVIDEND SGD 0.005 ONE-TIER TAX 04-Sep-12 20-Sep-12

CAPITARETAIL CHINA TRUST DIVIDEND 010112 - 300612 SGD 0.0482 05-Sep-12 26-Sep-12

ASTI HOLDINGS LIMITED DIVIDEND SGD 0.0015 ONE-TIER TAX 06-Sep-12 26-Sep-12

PEOPLE'S FOOD HOLDINGS LIMITED DIVIDEND CNY 0.01 06-Sep-12 25-Sep-12

MEGACHEM LIMITED DIVIDEND SGD 0.003 TAX EXEMPT 07-Sep-12 28-Sep-12

POPULAR HOLDINGS LIMITED DIVIDEND SGD 0.008 ONE-TIER TAX 07-Sep-12 26-Sep-12

NOVO GROUP LTD. DIVIDEND SGD 0.01 ONE-TIER TAX 10-Sep-12 04-Oct-12

POH TIONG CHOON LOGISTICS LTD DIVIDEND SGD 0.005 ONE-TIER TAX 12-Sep-12 28-Sep-12

RIVERSTONE HOLDINGS LIMITED DIVIDEND MYR 0.022 ONE-TIER TAX 12-Sep-12 05-Oct-12

FRAGRANCE GROUP LIMITED BONUS OFFER OF 1 FOR 1 14-Sep-12

TOTAL ADR 10 DIVIDEND APPROXIMATE USD 0.587795 19-Sep-12 18-Oct-12

GP INDUSTRIES LIMITED DIVIDEND SGD 0.015 ONE-TIER TAX 20-Sep-12 04-Oct-12

N507101E 121001 INTEREST 2.50% 20-Sep-12 01-Oct-12

N507101E 121001 ENTITL. REDEMPTION 100% 20-Sep-12 01-Oct-12

N508100V 130401 INTEREST 1.63% 20-Sep-12 01-Oct-12

N509100N 141001 INTEREST 1.38% 20-Sep-12 01-Oct-12

N511100W 160401 INTEREST 1.13% 20-Sep-12 01-Oct-12

N710100Z 170401 INTEREST 2.38% 20-Sep-12 01-Oct-12

NA12100N 420401 INTEREST 2.75% 20-Sep-12 01-Oct-12

SINGAPORE EXCHANGE LIMITED DIVIDEND SGD 0.15 TAX EXEMPT 26-Sep-12 12-Oct-12

TPV TECHNOLOGY LIMITED DIVIDEND USD 0.0046 01-Oct-12 12-Oct-12

LIAN BENG GROUP LTD DIVIDEND SGD 0.01 ONE-TIER TAX 03-Oct-12 19-Oct-12

LIAN BENG GROUP LTD DIVIDEND SGD 0.01 ONE-TIER TAX 03-Oct-12 19-Oct-12

SELECT GROUP LIMITED DIVIDEND SGD 0.005 ONE-TIER TAX 04-Oct-12 22-Oct-12

FRAGRANCE GROUP LIMITED DIVIDEND SGD 0.0005 ONE-TIER TAX 05-Oct-12 18-Oct-12

UMS HOLDINGS LIMITED DIVIDEND SGD 0.01 ONE-TIER TAX 11-Oct-12 31-Oct-12

YUEXIU PROPERTY CO LIMITED DIVIDEND HKD 0.042 12-Oct-12 15-Nov-12

GLOBAL PREMIUM HOTELS LIMITED DIVIDEND SGD 0.002 ONE-TIER TAX 16-Oct-12 30-Oct-12

ELLIPSIZ LTD DIVIDEND USD 0.0016 ONE-TIER TAX 24-Oct-12 15-Nov-12

BRITISH & MALAYAN TRUSTEES LTD DIVIDEND SGD 0.027 TAX EXEMPT 29-Oct-12 12-Nov-12

BOARDROOM LIMITED DIVIDEND SGD 0.02 ONE-TIER TAX 30-Oct-12 23-Nov-12

K1 VENTURES LIMITED DIVIDEND SGD 0.005 ONE-TIER TAX 31-Oct-12 14-Nov-12

ASL MARINE HOLDINGS LTD DIVIDEND SGD 0.0175 ONE-TIER TAX 01-Nov-12 19-Nov-12

CHOSEN HOLDINGS LIMITED DIVIDEND SGD 0.0066 ONE-TIER TAX 05-Nov-12 23-Nov-12

F J BENJAMIN HOLDINGS LTD DIVIDEND SGD 0.01 ONE-TIER TAX 05-Nov-12 27-Nov-12

PARKSON RETAIL ASIA LIMITED DIVIDEND SGD 0.03 ONE-TIER TAX 06-Nov-12 23-Nov-12

NX09100W 190601 INTEREST 2.50% 22-Nov-12 03-Dec-12

NX11100X 210601 INTEREST 2.25% 22-Nov-12 03-Dec-12