Posted by admin on March 10, 2011 under News | 
Hutchison makes waves with port trust IPO launch
Public offer closes on March 14, trading expected to begin on March 18
By EMILYN YAP AND JOYCE HOOI
(SINGAPORE) Singapore’s largest initial public offering (IPO) which was launched yesterday – a Hutchison Whampoa spin-off in the form of Hutchison Port Holdings Trust (HPH Trust) – is seeing ‘overwhelmingly enthusiastic’ response, even in a jittery equities climate that has not been kind to recent IPOs.
Based on the offering’s price range, the implied distribution per unit yield for the forecast period of 2011 is between 5.5 per cent and 6.5 per cent. Next year, this is expected to increase to between 6.1 per cent and 7.2 per cent.
more about Hutchinson IPO………
SMALL investors are getting a chance to take part in what looks set to become Singapore’s largest initial public offering (IPO) – to raise up to US$5.8 billion (S$7.3 billion).
Hutchison Port Holdings Trust (HPH Trust), the Chinese ports unit of Hong Kong conglomerate Hutchison Whampoa, launched the public offer of its mega IPO at noon on Monday. Hutchison Whampoa is headed by Asia’s richest man Li Ka Shing. HPH owns booming ports in southern mainland China and Hong Kong.
Retail investors here are being offered 185.2 million units out of up to 3.9 billion units on sale in total. Investors have until 10 am next Monday to subscribe.
The final offering price will be set between 91 US cents and US$1.08, with pricing expected next Monday.
In the meantime, Singapore retail investors will have to pay $1.383 per unit – a price converted from the US dollar figure at the top of the range – and will get refunds if the IPO price ends up lower.
The trust is listing here as Hong Kong regulations do not yet allow for such business trusts. Its portfolio boasts ports in Hong Kong and Shenzhen in Guangdong province. Together they were the world’s busiest container port market in 2009.
more at http://rmao.net/forum/viewtopic.php?f=29&t=2850
Posted by admin on February 27, 2011 under News |
Principal Business
The Group is a multi-disciplinary specialist provider of detailed engineering, procurement and construction services to the offshore oil and gas, marine construction and other industries.
Its principal business activities are the fabrication and assembly of topside modules for FPSOs and FSOs in Singapore. From time to time, the Group may also undertake ad hoc general engineering and fabrication projects for specialised structures for semi-submersibles and sub-sea products.
Main Markets
The Group’s customers are located mainly in Asia Pacific, Europe and USA and include major engineering companies, owners and/or operators of FPSOs, FSOs and semi-submersibles which serve the oil and gas companies.
http://www.rmao.net/forum/viewtopic.php?f=29&t=2765
Posted by admin on under News |
BACKGROUND
Our Company was incorporated in Singapore on 30 September 2010 under the Companies Act as a private company limited by shares under the name of “Chew’s Group Private Limited”. On 25 January 2011, our Company changed its name to “Chew’s Group Limited” in connection with its conversion into a public company limited by shares.
The beginning of our Group’s history can be traced back to 1975 when Chew’s Poultry Farm Brother Company was established, operating a breeder farm selling day-old chicks to broiler and layer farms in Singapore, Malaysia and Brunei. In 1987, having identified the potential for growth in the poultry farming industry, Chew’s Agriculture Pte Ltd (“CAPL”), a wholly-owned subsidiary of our Company, was established. Over a period of five (5) years, CAPL gradually switched its focus to layer farming for higher profits, and took over the farming and distribution of eggs from Chew’s Poultry Farm Brother Company.
We are currently one of the leading producers of fresh eggs in Singapore, specialising in the production and sale of designer eggs, which contain specific value-added nutrients. We are also engaged in the production and sale of liquid eggs as well as the trading of spent grains. Over the years, we have built a strong presence and brand-name in developing high quality, wholesome and safe eggs for consumers in Singapore.
Our Group’s business can be categorised into three (3) main segments as follows:
http://www.rmao.net/forum/viewtopic.php?f=29&t=2764
Posted by admin on March 18, 2010 under News |
Bulls have won convincingly.
Several support lines for the happy HSI now:-
- Itchy cloud support
- 50d eMA & 200d MA
- Sloping neckline support in green
Resistance is 100d eMA for now….
visit PPG – INDICES CHARTS
Posted by admin on under News |
Jardine C&C Target Raised To S$30.60 From S$28.60 By Goldman
Straits Asia Resources Target Cut To S$1.70 From S$1.85 By GS
Ezra Holdings Target Raised To S$2.88 From S$2.54 By OCBC
visit AMATOR’s News & misc
Posted by admin on under News |
Take a look how this milam count the wave
visit ~~ Milamberz’s Trades To Ponder ~~
Posted by admin on under News |
STI Chart
Powerful hourly bollinger bands breakout for the past 10 trading days…
Next hourly resistance levels are at 2922 and 2941…
Continue to blow the balloon until STI pierces into upper hourly bollinger band…
visit Cinderella’s Trading Room
Posted by admin on August 7, 2009 under Articles, News |
Posted by admin on April 16, 2009 under News |
US Hospital Stocks Face Potential Risk From 2010 Medicare Rates
Hospital stocks face a potential risk soon when Medicare publishes its proposed inpatient payment rates for 2010, with some on Wall Street predicting the government may effectively seek little or no…
Posted by admin on under News |
Stocks in Kuwait’s troubled Gulf Bank dive (AFP)
AFP – Shares in Kuwait’s Gulf Bank dived more than 50 percent when they resumed trading on Tuesday after a six-month suspension over massive losses from derivative trading.
